Leases (Tables)

9 Months Ended

Jun. 30, 2021

The components of lease cost reflected in the Consolidated Statement of Operations for the three and nine months ended June 30, 2021 and June 27, 2020 were as follows:

(in thousands)	Three months ended						Nine months ended
	June 30, 2021			June 27, 2020			June 30, 2021			June 27, 2020
Operating lease cost	$	9,075		$	10,324		$	28,031		$	29,467
Short-term lease cost		627			864			1,785			3,754
Variable lease cost		2,443			535			7,306			3,025
Sublease income		(1,114	)		(996	)		(3,329	)		(3,021	)
Total lease cost	$	11,031		$	10,727		$	33,793		$	33,225

Supplemental cash flow information related to leases for the three and nine months ended June 30, 2021 was as follows:

(in thousands)	Three months ended				Nine months ended
	June 30, 2021		June 27, 2020		June 30, 2021		June 27, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	12,319	$	12,127	$	40,396	$	27,267
Financing cash flows from financing leases	$	—	$	—	$	279	$	—
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases⁽¹⁾	$	126	$	1,929	$	773	$	7,397
Financing leases	$	—	$	—	$	—	$	1,500

(1)

In the three months ended June 30, 2021, operating lease right-of-use assets also increased by $4.9 million from modifications and extensions to existing leases. In the nine months ended June 30, 2021, operating lease right-of-use assets also increased by $15.7 million from modifications and extensions to existing leases and by $1.3 million from assets obtained through acquisitions. In the three and nine months ended June 27, 2020, operating lease right-of-use assets decreased by $1.3 million due to lease incentives being earned for a right-of-use asset obtained in the first quarter of 2020.

Supplemental balance sheet information related to leases as of June 30, 2021 was as follows:

Weighted-average remaining lease term - operating leases	12.2 years
Weighted-average remaining lease term - financing leases	4.3 years
Weighted-average discount rate - operating leases		5.5	%
Weighted-average discount rate - financing leases		3.0	%

Schedule of Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of June 30, 2021 were as follows:

(in thousands)
Remainder of 2021	$	8,098
2022		35,444
2023		26,658
2024		23,546
2025		20,667
Thereafter		172,131
Total future lease payments	$	286,544
Less: imputed interest		(83,411	)
Total lease liability	$	203,133