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Leases Effect on Balance Sheet of Adoption of New Accounting Standard (Details) - USD ($) $ in Thousands | Dec. 29, 2019 | Dec. 31, 2018 | Dec. 30, 2018
--- | --- | --- | ---
Non-current assets |  |  |
Right of use assets, net | $ 426,248 | $ 478,268 | $ 0
Prepaid expenses and other current assets | 26,646 | 20,984 | 27,576
Current liabilities |  |  |
Short-term portion of lease obligations | 42,699 | 41,392 | 786
Non-current liabilities |  |  |
Deferred rent | 0 | 0 | 75,675
Long-term portion of lease obligations | 465,435 | 516,159 | 9,414
Stockholders’ equity: |  |  |
Retained earnings | $ 353,266 | 361,169 | 376,341
Accounting Standards Update 2016-02 |  |  |
Non-current assets |  |  |
Right of use assets, net |  | 478,268 |
Prepaid expenses and other current assets |  | (6,592) |
Current liabilities |  |  |
Short-term portion of lease obligations |  | 40,606 | 800
Non-current liabilities |  |  |
Deferred rent |  | (75,675) | $ 1,400
Long-term portion of lease obligations |  | 506,745 |
Stockholders’ equity: |  |  |
Retained earnings |  | $ (15,172) |

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