LEASES (Tables)

3 Months Ended

Mar. 30, 2019

The components of lease expense were as follows (in thousands):



Lease Cost	Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) Location	For the 13 Weeks Ended March 30, 2019
Operating lease cost⁽¹⁾	SG&A	$	30,858
Finance lease cost:
Amortization of right-of-use assets	SG&A	$	448
Interest on lease liabilities	Interest expense	$	9
Short-term lease cost	SG&A	$	1,700
Variable lease cost	SG&A	$	6,116

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⁽¹⁾Includes sublease income, which is immaterial.

The following table discloses supplemental balance sheet information for the Company’s leases (in thousands):



Leases	Condensed Consolidated Balance Sheets Location	March 30, 2019
Assets
Operating	Operating lease right-of-use assets	$	311,953
Finance	Property, plant and equipment - net of accumulated depreciation of $4,013	$	5,905

Liabilities
Current:
Operating	Current operating lease liabilities	$	69,172
Finance	Short-term and current portion of long-term debt	$	967
Noncurrent:
Operating	Long-term operating lease liabilities	$	311,618
Finance	Long-term debt	$	2,193

The following table discloses the weighted-average remaining lease term and weighted-average discount rate for the Company's leases:



Lease Term and Discount Rate	March 30, 2019
Weighted-average remaining lease term:
Operating leases	6.4 years
Finance leases	3.0 years
Weighted-average discount rate:
Operating leases	13.9	%
Finance leases	1.2	%

Future minimum lease payments by year as of March 30, 2019 were as follows (in thousands):

Future minimum lease payments by year as of March 30, 2019 were as follows (in thousands):

Future minimum lease payments by year as of December 29, 2018 were as follows (in thousands):

Future minimum lease payments by year as of December 29, 2018 were as follows (in thousands):

Supplemental cash flow information related to leases was as follows (in thousands):



	For the 13 Weeks Ended March 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	20,092
Operating cash flows from finance leases	9
Financing cash flows from finance leases	236
Leased assets obtained in exchange for new operating lease liabilities	5,148