LEASES (Tables)

6 Months Ended

Jun. 29, 2019

Weighted average information about the Company’s lease portfolio as of June 29, 2019 was as follows:



Weighted-average remaining lease term	6.4 years
Weighted-average IBR	6.1	%

Operating lease costs for the three and six months ended June 29, 2019 were as follows (in thousands):



	Three Months Ended		Six Months Ended
	June 29, 2019		June 29, 2019
Operating lease costs
Fixed lease costs	$	32,172	$	53,222
Variable lease costs (a)	8,660		19,214

^(a) Includes short-term lease costs, which are immaterial.

Cash and non-cash activities for the three and six months ended June 29, 2019 were as follows (in thousands):



	Three Months Ended		Six Months Ended
	June 29, 2019		June 29, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	21,810	$	43,473

Right-of-use assets obtained in exchange for new operating lease liabilities	$	20,977	$	325,033

Future minimum lease payments under non-cancelable leases as of June 29, 2019 were as follows (in thousands):



	Operating Leases
2019 (excluding the six months ended June 29, 2019)	$	43,697
2020	78,097
2021	65,650
2022	51,336
2023	26,129
Thereafter	91,234
Total future minimum lease payments	356,143
Less: interest	68,338
Present value of future minimum lease payments	$	287,805

As of June 29, 2019
Current portion of lease liabilities	$	69,837
Long-term portion of lease liabilities	217,968
Total	$	287,805