v3.22.2.2
LEASES (Tables)
9 Months Ended
Sep. 25, 2022
Leases [Abstract]  
Lease Expense, Supplemental Cash Flow and Other Lease Information Lease expense, supplemental cash flow information, and other information related to leases were as follows:
Third Quarter Ended
(thousands) September 25, 2022 September 26, 2021
Operating lease cost $ 12,801  $ 10,760 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases $ 12,673  $ 10,440 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $ 10,297  $ 12,573 
Nine Months Ended
(thousands) September 25, 2022 September 26, 2021
Operating lease cost $ 37,528  $ 30,697 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases $ 36,909  $ 29,945 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $ 40,029  $ 52,564 
Balance Sheet Information
Balance sheet information related to leases was as follows:
(thousands, except lease term and discount rate) September 25, 2022 December 31, 2021
Assets
Operating lease right-of-use assets $ 164,725  $ 158,183 
Liabilities
Operating lease liabilities, current portion $ 43,352  $ 40,301 
Long-term operating lease liabilities 124,289  120,161 
Total lease liabilities $ 167,641  $ 160,462 
Weighted average remaining lease term, operating leases (in years) 5.2 5.1
Weighted average discount rate, operating leases 4.1  % 3.8  %
Maturities of Lease Liabilities
Maturities of lease liabilities were as follows at September 25, 2022:
(thousands)
2022 (excluding the nine months ended September 25, 2022) $ 12,678 
2023 47,805 
2024 39,505 
2025 29,934 
2026 21,242 
Thereafter 36,903 
Total lease payments 188,067 
Less imputed interest (20,426)
Total $ 167,641