Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.2
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 24, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Expense
The table below presents components of lease expense for operating leases.
​ ​ Thirteen Weeks Ended Thirty-nine Weeks Ended
in thousands Classification (2) September 24, 2020 September 26, 2019 September 24, 2020 September 26, 2019
Operating lease cost (1): Selling and store operating $ 26,549  $ 22,969  $ 77,325  $ 65,286 
Cost of sales 5,676  4,005  17,005  11,996 
Pre-opening 2,230  1,988  6,103  4,913 
General and administrative 1,029  1,016  3,088  2,712 
Operating lease right-of-use asset impairment General and administrative —  4,136  —  4,136 
Sublease income Cost of sales (597) (588) (1,791) (1,817)
Total lease cost ​ $ 34,887  $ 33,526  $ 101,730  $ 87,226 
(1) Includes variable lease costs, which were immaterial for the thirteen and thirty-nine weeks ended September 24, 2020 and September 26, 2019.
(2) Certain prior period balances related to operating lease costs and sublease income have been reclassified within this table to conform to the current period presentation.
Schedule of Future Minimum Lease Payments under Non-Cancelable Operating Leases
Future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year) as of September 24, 2020 were as follows:​
in thousands Amount
Fourteen weeks ending December 31, 2020 $ 135,857 
2021 139,457 
2022 133,226 
2023 133,531 
2024 124,733 
Thereafter 663,679 
Total minimum lease payments (2) $ 1,330,483 
Less: amount of lease payments representing interest 322,973 
Present value of future minimum lease payments 1,007,510 
Less: current obligations under leases 92,809 
Long-term lease obligations $ 914,701 
(2) Future lease payments exclude approximately $47.3 million of legally binding minimum lease payments for operating leases signed but not yet commenced.