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LEASES (Tables)
9 Months Ended
Sep. 28, 2024
Leases [Abstract]  
Schedule of 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 September 28, 2024For the 13 Weeks Ended September 30, 2023For the 39 Weeks Ended September 28, 2024For the 39 Weeks Ended September 30, 2023
Operating lease cost(1)
SG&A$15,639 $18,108 $47,816 $54,599 
Short-term lease costSG&A$257 $302 $783 $812 
Variable lease costSG&A$5,363 $4,684 $16,000 $16,337 
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(1) Includes sublease income, which was immaterial.

The following table discloses supplemental balance sheet information for the Company’s leases (in thousands):
Leases Condensed
Consolidated
Balance Sheets
Location
September 28, 2024December 30, 2023
Assets
OperatingOperating lease ROU assets $135,506 $151,000 
Liabilities
Current:
OperatingCurrent operating lease liabilities$40,434 $43,565 
Noncurrent:
OperatingLong-term operating lease liabilities$120,648 $137,644 

The following table discloses the weighted-average remaining lease term and weighted-average discount rate for the Company's leases:
Lease Term and Discount RateSeptember 28, 2024December 30, 2023
Weighted-average remaining lease term:
Operating leases 6.3 years6.4 years
Weighted-average discount rate:
Operating leases 15.0 %14.9 %
Schedule of Finance Lease, Liability, to be Paid, Maturity
Future minimum lease payments by year as of September 28, 2024 were as follows (in thousands):
Fiscal YearOperating Leases
2024 (remaining)$17,887 
202557,019 
202642,690 
202729,969 
202818,724 
Thereafter88,639 
Total lease payments$254,928 
Less: Interest93,846 
Total lease obligations$161,082 
Schedule of Lessee, Operating Lease, Liability, to be Paid, Maturity
Future minimum lease payments by year as of September 28, 2024 were as follows (in thousands):
Fiscal YearOperating Leases
2024 (remaining)$17,887 
202557,019 
202642,690 
202729,969 
202818,724 
Thereafter88,639 
Total lease payments$254,928 
Less: Interest93,846 
Total lease obligations$161,082 
Schedule of Supplemental Cash Flow Information
Supplemental cash flow information related to leases was as follows (in thousands):
For the 39 Weeks Ended September 28, 2024For the 39 Weeks Ended September 30, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$55,470 $65,239 
Leased assets obtained in exchange for new operating lease liabilities16,178 35,507