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Leases (Tables)

6 Months Ended

Jun. 29, 2019

Leases [Abstract]

Schedule of Operating Lease Costs

Operating lease costs were as follows (in thousands):

				Three Months Ended				Six Months Ended
				June 29, 2019				June 29, 2019
Operating lease costs⁽¹⁾				$	21,079			$	42,136
Variable lease costs				$	423			$	921

⁽¹⁾	^{Includes short-term lease costs which are not significant.}

Schedule of Maturities of Operating Lease Liabilities and Aggregate Future Commitments Under Operating Leases

The maturities of operating lease liabilities as of June 29, 2019, were as follows (in thousands):

2019 (excluding the six months ended June 29, 2019)		$	40,752
2020			76,056
2021			68,532
2022			60,889
2023			52,339
2024			41,107
Thereafter			104,731
Total lease payments⁽¹⁾			444,406
Less: Interest			97,359
Present value of operating lease liabilities⁽²⁾		$	347,047

⁽¹⁾	^{Total lease payments exclude $55 million of legally binding minimum lease payments for leases signed but not yet commenced.}

⁽²⁾	^{Includes the current portion of $56 million for operating lease liabilities.}

The aggregate future commitments under operating leases as of December 30, 2018, were expected to be as follows (in thousands):

2019		$	78,337
2020			73,331
2021			66,491
2022			59,515
2023			51,076
Thereafter			149,318
Total lease payments⁽¹⁾		$	478,068

⁽¹⁾	^{Total lease payments include $62 million of legally binding minimum lease payments for leases signed but not yet commenced.}

Schedule of Other Information Related Operating Leases

Other information related to operating leases was as follows:

June 29,

2019

Weighted-average remaining lease term (years)

6.8

Weighted-average discount rate

7.4%

		Six Months Ended
(in thousands)		June 29, 2019
Cash paid for amounts included in present value of operating lease liabilities		$	39,941
Right-of-use assets obtained in exchange for operating lease liabilities⁽¹⁾		$	36,543

⁽¹⁾	^{See Note 1, Recently Adopted Accounting Guidance, which discusses the impact of our initial adoption of the new lease standard.}