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LEASES (Tables)
 9 Months Ended
Oct. 03, 2020
Leases [Abstract]  
Components of leases
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 October 3, 2020For the 13 Weeks Ended September 28, 2019For the 40 Weeks Ended October 3, 2020For the 39 Weeks Ended September 28, 2019
Operating lease cost(1)(2)
SG&A$26,579 $28,997 $81,088 $89,240 
Finance lease cost:
Amortization of ROU assetsSG&A$134 $114 $370 $354 
Interest on lease liabilitiesInterest expense$2 $9 $19 $29 
Short-term lease costSG&A$78 $206 $418 $1,019 
Variable lease costSG&A$4,140 $9,492 $15,318 $26,834 
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(1)Includes sublease income, which was immaterial.
(2)Excludes the impact of deferred or abated rent amounts

The following table discloses supplemental balance sheet information for the Company’s leases (in thousands):
Leases Condensed
Consolidated
Balance Sheets
Location		October 3, 2020December 28, 2019
Assets
OperatingOperating lease ROU assets $244,483 $288,166 
Finance
Property, plant and equipment - net of accumulated depreciation of $4,616 and $4,015, respectively
$5,928 $5,918 
Liabilities
Current:
OperatingCurrent operating lease liabilities$63,606 $68,838 
Finance Short-term and current portion of long-term debt$966 $1,011 
Noncurrent:
OperatingLong-term operating lease liabilities$260,692 $288,689 
Finance Long-term debt$808 $1,468 

The following table discloses the weighted-average remaining lease term and weighted-average discount rate for the Company's leases:
Lease Term and Discount RateOctober 3, 2020December 28, 2019
Weighted-average remaining lease term:
Operating leases 6.3 years6.1 years
Finance leases1.5 years2.3 years
Weighted-average discount rate:
Operating leases 14.0 %13.9 %
Finance leases1.2 %1.2 %
Maturity of lease liabilities
Future minimum lease payments by year as of October 3, 2020 were as follows (in thousands):
Fiscal Year
Operating Leases (1)
Finance Leases
2020 (remaining)$29,494 $242 
2021101,168 1,028 
202287,133 513 
202369,416 — 
202449,592 — 
202536,381 — 
Thereafter132,603 — 
Total lease payments$505,787 $1,783 
Less: Interest181,489 9 
Total lease obligations$324,298 $1,774 
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(1) Future minimum lease payments exclude the impact of deferred or abated rent amounts


Future minimum lease payments by year as of December 28, 2019 were as follows (in thousands):
Fiscal Year Operating LeasesFinance Leases
2020$116,778 $1,042 
202194,795 978 
202281,536 488 
202364,582 — 
202445,846 — 
Thereafter153,255 — 
Total lease payments$556,792 $2,508 
Less: Interest 199,265 30 
Finance lease obligations$357,527 $2,478 
Maturity of lease liabilities
Future minimum lease payments by year as of October 3, 2020 were as follows (in thousands):
Fiscal Year
Operating Leases (1)
Finance Leases
2020 (remaining)$29,494 $242 
2021101,168 1,028 
202287,133 513 
202369,416 — 
202449,592 — 
202536,381 — 
Thereafter132,603 — 
Total lease payments$505,787 $1,783 
Less: Interest181,489 9 
Total lease obligations$324,298 $1,774 
________________________________________________________________________
(1) Future minimum lease payments exclude the impact of deferred or abated rent amounts


Future minimum lease payments by year as of December 28, 2019 were as follows (in thousands):
Fiscal Year Operating LeasesFinance Leases
2020$116,778 $1,042 
202194,795 978 
202281,536 488 
202364,582 — 
202445,846 — 
Thereafter153,255 — 
Total lease payments$556,792 $2,508 
Less: Interest 199,265 30 
Finance lease obligations$357,527 $2,478 
Supplemental cash flow information
Supplemental cash flow information related to leases was as follows (in thousands):
For the 40 Weeks Ended October 3, 2020For the 39 Weeks Ended September 28, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases(1)
$96,722 $83,695 
Operating cash flows from finance leases19 29 
Financing cash flows from finance leases840 693 
Leased assets obtained in exchange for new operating lease liabilities30,151 25,854 
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(1) Cash flows for the 40 weeks ended October 3, 2020 exclude the impact of deferred or abated rent amounts