LEASES (Tables)

3 Months Ended

Apr. 02, 2023

Lease expense, supplemental cash flow information, and other information related to leases were as follows:


	First Quarter Ended
(thousands)	April 2, 2023		March 27, 2022
Operating lease cost	$	13,464	$	12,164

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	13,378	$	11,927

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	15,034	$	23,725

Balance sheet information related to leases was as follows:


(thousands, except lease term and discount rate)	April 2, 2023		December 31, 2022
Assets
Operating lease right-of-use assets	$	166,222	$	163,674
Liabilities
Operating lease liabilities, current portion	$	44,977	$	44,235
Long-term operating lease liabilities	124,373		122,471
Total lease liabilities	$	169,350	$	166,706


Weighted average remaining lease term, operating leases (in years)	5.2		5.1
Weighted average discount rate, operating leases	4.8	%	4.4	%

Maturities of lease liabilities were as follows at April 2, 2023:


(thousands)
2023 (excluding the three months ended April 2, 2023)	$	39,468
2024	46,218
2025	36,333
2026	25,824
2027	14,806
Thereafter	30,476
Total lease payments	193,125
Less imputed interest	(23,775)
Total	$	169,350