Lease Commitments (Tables)

6 Months Ended

Jun. 30, 2024

Leases [Abstract]

Summary of Components of Lease Expense

The components of lease expense were as follows:

	13 Weeks Ended				26 Weeks Ended
	June 30, 2024		July 2, 2023		June 30, 2024		July 2, 2023
	(In thousands)
Lease expense:
Operating lease expense	$	21,210	$	21,076	$	42,248	$	42,114
Variable lease expense		5,038		4,665		9,720		9,477
Operating lease expense		26,248		25,741		51,968		51,591
Amortization of right-of-use assets		1,159		949		2,301		1,899
Interest on lease liabilities		219		78		448		158
Finance lease expense		1,378		1,027		2,749		2,057
Total lease expense	$	27,626	$	26,768	$	54,717	$	53,648

Schedule of Other Information Related To Leases

Other information related to leases was as follows:

	26 Weeks Ended
	June 30, 2024			July 2, 2023
	(In thousands)
Operating cash flows from operating leases	$	43,604		$	43,518
Financing cash flows from finance leases		2,135			2,007
Operating cash flows from finance leases		477			165
Cash paid for amounts included in the measurement of lease liabilities	$	46,216		$	45,690
Right-of-use assets obtained in exchange for new finance lease liabilities	$	1,363		$	1,152
Right-of-use assets obtained in exchange for new operating lease liabilities	$	46,529		$	29,681
Weighted-average remaining lease term—finance leases	4.0 years			3.7 years
Weighted-average remaining lease term—operating leases	5.0 years			4.9 years
Weighted-average discount rate—finance leases		6.3	%		4.2	%
Weighted-average discount rate—operating leases		5.7	%		5.2	%

Schedule of Maturities For Finance And Operating Leases

Maturities of finance and operating lease liabilities as of June 30, 2024 were as follows:

Fiscal Year Ending:	Finance Leases			Operating Leases
	(In thousands)
2024 (remaining six months)	$	2,345		$	39,669
2025		4,373			77,378
2026		4,057			62,818
2027		2,824			45,003
2028		1,796			33,040
Thereafter		594			57,599
Undiscounted cash flows	$	15,989		$	315,507
Reconciliation of lease liabilities:
Weighted-average remaining lease term	4.0 years			5.0 years
Weighted-average discount rate		6.3	%		5.7	%
Present values	$	14,084		$	272,864
Lease liabilities - current		3,712			65,971
Lease liabilities - long-term		10,372			206,893
Lease liabilities - total	$	14,084		$	272,864
Difference between undiscounted and discounted cash flows	$	1,905		$	42,643