Leases (Tables)

12 Months Ended

Dec. 27, 2020

Leases [Abstract]

Lease cost

Information related to the Company's leases for the years ended December 27, 2020 and December 29, 2019 is as follows:

	Year Ended			Year Ended
	December 27, 2020			December 29, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	50,891		$	37,653
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	20,356		$	30,573
Weighted Average Remaining Lease Term
Operating leases	6.1 years			6.2 years
Weighted Average Discount Rate
Operating leases	3.1		%	4.5		%

In addition to the Right-of-use assets obtained in exchange for lease obligations in the table above, in 2020 as part of the acquisition of eOne the Company recognized Right-of-use assets, net in the form of operating leases in the amount of $88,819.

Maturities of operating lease liabilities

The following is a reconciliation of future undiscounted cash flows to the operating liabilities, and the related right of use assets, included in our Consolidated Balance Sheets as of December 27, 2020:

	Year Ended
	December 27, 2020
2021	$	50,461
2022	46,185
2023	38,210
2024	26,561
2025	21,519
2026 and thereafter	48,226
Total future lease payments	231,162
Less imputed interest	23,322
Present value of future operating lease payments	207,840
Less current portion of operating lease liabilities (1)	45,014
Non-current operating lease liability (2)	162,826
Operating lease right-of-use assets, net (3)	$	191,786
(1) Included in Accrued liabilities on the consolidated balance sheets
(2) Included in Other liabilities on the consolidated balance sheets
(3) Included in Property, plant and equipment on the consolidated balance sheets