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Leases
12 Months Ended
Dec. 28, 2019
Leases  
Leases

4.           Leases

The components of CRA’s lease expenses, which are included in the condensed consolidated income statement, are as follows (in thousands):

 

 

 

 

 

 

    

Year Ended

 

 

December 28, 2019

 

    

(52 weeks)

Operating lease cost

 

$

15,731

Short-term lease cost

 

 

511

Variable lease cost

 

 

4,461

Total lease cost

 

$

20,703

 

Base rent expense was approximately $13.2 million and $12.1 million in fiscal 2018 and fiscal 2017, respectively.

The following table presents summary information for CRA’s lease terms and discount rates for its operating leases:

 

 

 

 

 

 

    

December 28, 2019

 

Weighted average remaining lease term—operating leases

 

9.6 years

 

Weighted average discount rate—operating leases

 

3.7

%

 

At December 28, 2019, CRA had the following maturities of lease liabilities related to office space and equipment, all of which are under non-cancellable operating leases (in thousands):

 

 

 

 

 

 

 

Operating Lease

Fiscal Year

 

 Commitments

2020

    

$

17,973

2021

 

 

19,866

2022

 

 

20,030

2023

 

 

20,258

2024

 

 

20,302

Thereafter

 

 

96,225

Total lease payments

 

 

194,654

Less: imputed interest

 

 

(35,256)

Total

 

$

159,398

 

As of December 28, 2019, CRA had an additional operating lease for office space that has not yet commenced that has minimum rental commitments of $2.8 million.  This operating leases will commence in fiscal year 2020 and have a lease term of five years, subject to certain extension options.