Leases (Tables)

9 Months Ended

Sep. 28, 2019

Lease, Cost [Table Text Block]

The components of lease cost for finance leases and operating leases for the thirty nine weeks ended September 28, 2019 were (in thousands):

Finance leases:
Amortization of right-of-use assets	$	19,196
Interest on lease liability		2,767
Total finance lease cost		21,963
Operating leases:
Lease cost		3,556
Variable lease cost		—
Sublease income		(3,931	)
Total operating lease (income)/cost		(375	)
Total lease cost	$	21,588

Schedule Of Supplemental Balance Sheet In formation Related To Leases [Table Text Block]

A summary of the lease classification on our consolidated balance sheet as of September 28, 2019 is as follows (in thousands):

Assets:
Operating lease right-of-use assets	Other assets	$	2,783
Finance lease assets	Operating property, less accumulated depreciation and amortization		142,376
Total lease assets		$	145,159

Finance And Operating Lease Maturity [Table Text Block]

Liabilities:

The following table reconciles the undiscounted cash flows for the finance and operating leases to the finance and operating lease liabilities recorded on the balance sheet at September 28, 2019 (in thousands):

	Finance Leases		Operating Leases
2019 Remainder	$	10,729	$	276
2020		40,863		680
2021		26,453		615
2022		17,290		621
2023		10,262		550
Thereafter		925		299
Total future minimum lease payments		106,522		3,041
Less amount representing interest (2.1% to 4.4%)		5,757		258
Present value of minimum lease payments	$	100,765	$	2,783
Current maturities of long-term debt		39,375
Long-term debt, excluding current maturities		61,390
Other current liabilities				680
Deferred income taxes and other noncurrent liabilities				2,103

Schedule Discount Rate And Lease Term Used In Calculating Lease Liabilities And Assets [Table Text Block]

The weighted average remaining lease term and the weighted average discount rate for finance and operating leases as of September 28, 2019 were:

	Finance Leases			Operating Leases
Weighted average remaining lease term (years)		3.1			4.3
Weighted average discount rate		3.3	%		4.0	%