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Leases (Tables)
9 Months Ended
Oct. 01, 2019
Leases  
Components for lease expense

Components of lease expense were as follows (in thousands):

    

Thirteen
Weeks Ended

    

Thirty-Nine
Weeks Ended

October 1, 2019

October 1, 2019

Operating

$

26,270

$

77,875

Variable

 

15,768

 

48,529

Short-term

 

81

 

234

Total

$

42,119

$

126,638

Rent expense on all operating leases (under ASC 840) was as follows (in thousands):

    

Thirteen
Weeks Ended

    

Thirty-Nine
Weeks Ended

October 2, 2018

October 2, 2018

Straight-lined minimum base rent

$

21,078

$

62,051

Contingent rent

 

4,980

 

15,187

Common area maintenance and taxes

 

10,110

 

29,948

Total

$

36,168

$

107,186

Supplemental cash flow information related to leases

Supplemental cash flow information related to leases (in thousands, except percentages):

    

Thirty-Nine
Weeks Ended

October 1, 2019

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

73,163

Right-of-use assets obtained in exchange for new operating lease liabilities

35,271

Weighted-average remaining lease term — operating leases (in years)

 

17.1

Weighted-average discount rate — operating leases

5.3

%

Maturity of operating lease liabilities

As of October 1, 2019, the maturities of our operating lease liabilities are as follows (in thousands):

2019

    

$

18,474

2020

100,442

2021

98,794

2022

97,528

2023

96,003

Thereafter

1,230,956

Total future lease payments

$

1,642,197

Less: Interest

 

592,538

Present value of lease liabilities

$

1,049,659

As of January 1, 2019, the aggregate minimum annual lease payments under operating leases (under ASC 840), including amounts characterized as deemed landlord financing payments, were as follows (in thousands):

2019

    

$

93,792

2020

 

91,808

2021

 

88,829

2022

 

86,925

2023

 

81,929

Thereafter

 

495,091

Total

$

938,374