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Leases (Tables)

9 Months Ended

Sep. 28, 2019

Leases [Abstract]

Schedule of Operating Lease Costs

Operating lease costs were as follows (in thousands):

				Three Months Ended				Nine Months Ended
				September 28, 2019				September 28, 2019
Operating lease costs⁽¹⁾				$	21,583			$	63,719
Variable lease costs				$	466			$	1,387

⁽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 September 28, 2019, were as follows (in thousands):

2019 (excluding the nine months ended September 28, 2019)		$	21,045
2020			79,652
2021			72,354
2022			64,339
2023			54,970
2024			43,393
Thereafter			110,847
Total lease payments⁽¹⁾			446,600
Less: Interest			95,355
Present value of operating lease liabilities⁽²⁾		$	351,245

⁽¹⁾	^{Total lease payments exclude $51 million of legally binding minimum lease payments for leases signed but not yet commenced.}

⁽²⁾	^{Includes the current portion of $58 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:

September 28,

2019

Weighted-average remaining lease term (years)

6.7

Weighted-average discount rate

7.3%

		Nine Months Ended
(in thousands)		September 28, 2019
Cash paid for amounts included in present value of operating lease liabilities		$	60,512
Right-of-use assets obtained in exchange for operating lease liabilities⁽¹⁾		$	53,230

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