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Leases (Tables)

12 Months Ended

Dec. 30, 2023

Leases [Abstract]

Components of Lease Cost

The components of lease cost were as follows:


(In thousands)										2023					2022					2021
Operating lease cost										$		55,807			$		57,876			$		58,410
Short-term lease cost												8,367					7,576					8,469
Finance lease cost
Amortization of assets												8,244					6,134					4,645
Interest on lease liabilities												4,454					3,369					3,005
Variable rent												348					236					162
Sublease income												(3,845	)				(3,907	)				(4,356	)
Total net lease cost										$		73,375			$		71,284			$		70,335

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:


										December 30,					December 31,
(In thousands)										2023					2022
Operating leases:
Operating lease assets										$		242,146			$		257,047

Current portion of operating lease liabilities										$		41,979			$		45,453
Noncurrent operating lease liabilities												226,118					239,062
Total operating lease liabilities										$		268,097			$		284,515
Finance leases:
Property and equipment, at cost										$		92,598			$		73,739
Accumulated amortization												(25,472	)				(21,727	)
Property and equipment, net										$		67,126			$		52,012

Current portion of finance lease liabilities										$		7,739			$		5,791
Noncurrent finance lease liabilities												66,900					51,724
Total finance lease liabilities										$		74,639			$		57,515

Weighted average remaining lease term (in years):
Operating leases												7.6					7.5
Finance leases												9.0					9.6

Weighted average discount rate:
Operating leases												5.9	%				5.4	%
Finance leases												6.8	%				6.9	%

Schedule of Supplemental Cash Flow and Other Information Related to Leases

Supplemental cash flow and other information related to leases was as follows:


(In thousands)													2023					2022					2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases													$		58,251			$		61,103			$		62,590
Operating cash flows used for finance leases															4,450					3,372					3,005
Financing cash flows used for finance leases															6,897					6,045					4,738

Lease assets obtained in exchange for lease liabilities:
Total operating lease liabilities															39,018					23,027					36,867
Total finance lease liabilities															17,833					21,032					4,238

Schedule of Maturities of Lease Liabilities Under Operating and Finance Leases

The Company’s total future lease commitments under operating and finance leases in effect at December 30, 2023 are as follows:


										Operating					Finance
(In thousands)										Leases					Leases					Total
2024										$		56,296			$		12,487			$		68,783
2025												53,105					12,186					65,291
2026												46,824					11,467					58,291
2027												41,147					10,683					51,830
2028												31,593					10,086					41,679
Thereafter												108,062					42,671					150,733
Total												337,027					99,580					436,607
Less interest												68,930					24,941					93,871
Present value of lease liabilities												268,097					74,639					342,736
Less current portion												41,979					7,739					49,718
Long-term lease liabilities										$		226,118			$		66,900			$		293,018

Property and Equipment Owned Assets Leased to Others

Owned assets, included in property and equipment, which are leased to others are as follows:


																December 30,					December 31,
(In thousands)																2023					2022
Land and improvements																$		7,147			$		7,154
Buildings																		27,227					26,623
Owned assets leased to others																		34,374					33,777
Less accumulated amortization and depreciation																		12,369					11,473
Net owned assets leased to others																$		22,005			$		22,304

Future Minimum Rentals to be Received Under Lease Obligations

Future minimum rentals to be received under leases in effect at December 30, 2023 are as follows:


(In thousands)	2024					2025					2026					2027					2028					Thereafter					Total
Owned property	$		4,250			$		3,279			$		3,033			$		2,653			$		2,417			$		14,083			$		29,715
Leased property			3,297					2,389					1,422					857					198					15					8,178
Total	$		7,547			$		5,668			$		4,455			$		3,510			$		2,615			$		14,098			$		37,893