Commitments and Contingencies (Tables)

12 Months Ended

Dec. 28, 2023

Commitments and Contingencies Disclosure [Abstract]

The table below presents components of lease expense for operating leases.


		Fiscal Year Ended
in thousands	Classification	December 28, 2023		December 29, 2022		December 30, 2021
Fixed operating lease cost:	Selling and store operating	$	157,106	$	139,603	$	123,882
	Cost of sales	24,058		25,465		24,170
	Pre-opening	15,171		9,971		10,127
	General and administrative	4,161		4,622		4,359
Total fixed operating lease cost		$	200,496	$	179,661	$	162,538

Variable lease cost (1):	Selling and store operating	$	57,527	$	49,605	$	42,093
	Cost of sales	4,009		3,894		5,506
	Pre-opening	976		666		274
	General and administrative	1,420		787		310
Total variable lease cost		$	63,932	$	54,952	$	48,183

Sublease income	Cost of sales	(2,722)		(2,722)		(2,694)

Total operating lease cost (2)		$	261,706	$	231,891	$	208,027

(1)Includes variable costs for common area maintenance, property taxes, and insurance on leased real estate.

(2)Excludes short-term lease costs, which were immaterial for the fiscal years ended December 28, 2023, December 29, 2022, and December 30, 2021.

Schedule of Future Minimum Lease Payments Under Non Cancelable Operating Leases

Future minimum lease payments under non-cancelable operating leases as of December 28, 2023 were as follows:


in thousands	Amount
2024	$	201,830
2025	202,451
2026	189,438
2027	179,514
2028	159,645
Thereafter	1,134,470
Total minimum lease payments (1) (2)	2,067,348
Less: amount of lease payments representing interest	639,166
Present value of future minimum lease payments	1,428,182
Less: current obligations under leases	126,428
Long-term lease obligations	$	1,301,754

(1)Future lease payments exclude approximately $514.0 million of legally binding minimum lease payments for operating leases signed but not yet commenced.

(2)Operating lease payments include $246.7 million related to options to extend lease terms that are reasonably certain of being exercised.