Leases (Tables)

3 Months Ended

Mar. 28, 2020

Lease, Cost [Table Text Block]

The components of lease cost for finance leases and operating leases for the thirteen weeks ended March 28, 2020 were (in thousands):

Finance leases:
Amortization of right-of-use assets	$	6,151
Interest on lease liability		889
Total finance lease cost		7,040
Operating leases:
Lease cost		837
Variable lease cost		—
Sublease income		(1,229	)
Total operating lease (income)/cost		(392	)
Total lease cost	$	6,648

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 March 28, 2020 is as follows (in thousands):

Assets:
Operating lease right-of-use assets	Other assets	$	2,554
Finance lease assets	Operating property, less accumulated depreciation and amortization		150,273
Total lease assets		$	152,827
Liabilities:

Finance And Operating Lease Maturity [Table Text Block]

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 March 28, 2020 (in thousands):

	Finance Leases		Operating Leases
2020 Remainder	$	33,862	$	517
2021		31,278		637
2022		22,123		639
2023		15,100		510
2024		5,156		433
Thereafter		—		54
Total future minimum lease payments		107,519		2,790
Less amount representing interest (2.1% to 4.4%)		5,598		236
Present value of minimum lease payments	$	101,921	$	2,554
Current maturities of long-term debt		39,944
Long-term debt, excluding current maturities		61,977
Other current liabilities				657
Deferred income taxes and other noncurrent liabilities				1,897

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 March 28, 2020 were:

	Finance Leases			Operating Leases
Weighted average remaining lease term (years)		3.2			4.4
Weighted average discount rate		3.2	%		4.0	%