Quarterly report pursuant to Section 13 or 15(d)

Leases Leases (Tables)

v3.21.1
Leases Leases (Tables)
3 Months Ended
Mar. 27, 2021
Leases [Abstract]  
Lease, Cost
The components of operating and finance lease cost for the thirteen weeks ended March 27, 2021 and thirteen weeks ended March 28, 2020 were as follows:
Thirteen Weeks Ended
March 27, 2021
Thirteen Weeks Ended
March 28, 2020
Operating lease cost $ 5,094  $ 4,747 
Short term lease costs 887  520 
Variable lease costs 303  181 
Finance lease cost:
Amortization of right of use assets 215  202 
Interest on lease liabilities 34  36 
The weighted average remaining lease terms and discount rates for all of our operating and finance leases were as follows as of March 27, 2021 and December 26, 2020:
March 27, 2021 December 26, 2020
Operating Leases Finance Leases Operating Leases Finance Leases
Weighted average remaining lease term 7.15 2.44 7.19 2.61
Weighted average discount rate 8.70% 7.14% 8.28% 7.14%
Supplemental cash flow information related to the Company's operating leases was as follows for the thirteen weeks ended March 27, 2021 and thirteen weeks ended March 28, 2020:

Thirteen Weeks Ended
March 27, 2021
Thirteen Weeks Ended
March 28, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflow from operating leases $ 4,907  $ 4,621 
Operating cash outflow from finance leases 35  36 
Financing cash outflow from finance leases 227  206 
Assets and Liabilities, Lessee
Supplemental balance sheet information related to the Company's finance leases was as follows as of March 27, 2021 and December 26, 2020:
March 27, 2021 December 26, 2020
Finance lease assets, net, included in property plant and equipment $ 1,727  $ 1,919 
Current portion of long-term debt 833  872 
Long-term debt, less current portion 1,005  1,172 
Total principal payable on finance leases 1,838  2,044 
Lessee, Operating Lease, Liability Maturity
Maturities of our lease liabilities for all operating and finance leases are as follows as of March 27, 2021:
Operating Leases Finance Leases
Less than one year $ 18,006  $ 941 
1 to 2 years 16,093  646 
2 to 3 years 13,982  387 
3 to 4 years 13,711  40 
4 to 5 years 13,018  — 
After 5 years 35,646  — 
Total future minimum rental commitments 110,456  2,014 
Less - amounts representing interest (28,509) (176)
Present value of lease liabilities $ 81,947  $ 1,838 
Lessee, Financing Lease, Liability Maturity
Maturities of our lease liabilities for all operating and finance leases are as follows as of March 27, 2021:
Operating Leases Finance Leases
Less than one year $ 18,006  $ 941 
1 to 2 years 16,093  646 
2 to 3 years 13,982  387 
3 to 4 years 13,711  40 
4 to 5 years 13,018  — 
After 5 years 35,646  — 
Total future minimum rental commitments 110,456  2,014 
Less - amounts representing interest (28,509) (176)
Present value of lease liabilities $ 81,947  $ 1,838