Leases (Tables)

3 Months Ended

Oct. 27, 2023

Leases [Abstract]

Components of Lease Cost for Operating Leases

The following table summarizes the components of lease cost for operating leases for the quarters ended October 27, 2023 and October 28,2022:

	Quarter Ended		Quarter Ended
	October 27, 2023		October 28, 2022
Operating lease cost	$	27,768	$	27,526
Short term lease cost		194		227
Variable lease cost		837		1,110
Total lease cost	$	28,799	$	28,863

Supplemental Cash Flow Information and Non-cash Activity Related to Operating Leases

The following table summarizes supplemental cash flow information and non-cash activity related to the Company’s operating leases for the quarter ended October 27, 2023 as compared to the same period in the prior year:

	Quarter Ended			Quarter Ended
	October 27, 2023			October 28, 2022
Operating cash flow information:
Cash paid for amounts included in the measurement of lease liabilities	$	24,347		$	23,746
Noncash information:
Right-of-use assets obtained in exchange for new operating lease liabilities		3,651			3,991
Lease modifications or reassessments increasing or (decreasing) right-of-use assets		16,917			(516	)
Lease modifications removing right-of-use assets		(144	)		(77	)

Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate for Operating Leases

The following table summarizes the weighted-average remaining lease term and the weighted-average discount rate for operating leases as of October 27, 2023 and October 28, 2022:

	October 27, 2023			October 28, 2022
Weighted-average remaining lease term	16.24 Years			17.31 Years
Weighted-average discount rate		5.13	%		4.97	%

Maturities of Undiscounted Cash Flows Reconciled to Total Operating Lease Liability

The following table summarizes the maturities of undiscounted cash flows reconciled to the total operating lease liability as of October 27, 2023:

Year	Total
Remainder of 2024	$	71,335
2025		78,101
2026		71,410
2027		68,069
2028		67,235
Thereafter		780,610
Total future minimum lease payments		1,136,760
Less imputed remaining interest		(382,421	)
Total present value of operating lease liabilities	$	754,339