v3.22.2
LEASES (Tables)
 6 Months Ended
Jun. 26, 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:
Second Quarter Ended
(thousands) June 26, 2022 June 27, 2021
Operating lease cost $ 12,563  $ 10,353 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases $ 12,308  $ 10,117 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $ 6,007  $ 24,806 
Six Months Ended
(thousands) June 26, 2022 June 27, 2021
Operating lease cost $ 24,727  $ 19,938 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases $ 24,235  $ 19,504 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $ 29,732  $ 39,991 
Balance Sheet Information
Balance sheet information related to leases was as follows:
(thousands, except lease term and discount rate) June 26, 2022 December 31, 2021
Assets
Operating lease right-of-use assets $ 165,631  $ 158,183 
Liabilities
Operating lease liabilities, current portion $ 43,211  $ 40,301 
Long-term operating lease liabilities 125,198  120,161 
Total lease liabilities $ 168,409  $ 160,462 
Weighted average remaining lease term, operating leases (in years) 5.2 5.1
Weighted average discount rate, operating leases 3.8  % 3.8  %
Maturities of Lease Liabilities
Maturities of lease liabilities were as follows at June 26, 2022:
(thousands)
2022 (excluding the six months ended June 26, 2022) $ 24,868 
2023 46,133 
2024 38,068 
2025 28,319 
2026 18,379 
Thereafter 31,741 
Total lease payments 187,508 
Less imputed interest (19,099)
Total $ 168,409