v3.23.1
Leases (Tables)
 3 Months Ended
Apr. 01, 2023
Leases [Abstract]  
Schedule of Lease Cost
Our lease costs for the three months ended April 1, 2023 and April 2, 2022 were as follows:
Three Months Ended
In thousandsApril 1, 2023April 2, 2022
Operating lease cost
Fixed lease cost (a)
$23,908 $21,949 
Variable lease cost (b)
8,971 8,098 
Sublease income (c)
(941)(875)
Finance lease cost
Amortization of finance lease assets857 1,081 
Interest on finance lease liabilities449 647 
Net lease cost$33,244 $30,900 
(a) Includes short-term leases, which are immaterial.
(b) Includes costs for insurance, real estate taxes and common area maintenance expenses, which are variable as well as lease costs above minimum thresholds for Fred Meyer stores and lease costs for Military stores.
(c) Income from sub-leasing of stores includes rental income from leasing space to independent optometrists.
Schedule of Operating Lease Cash Flows
In thousandsThree Months Ended
Other Information April 1, 2023April 2, 2022
Operating cash outflows - operating leases$33,997 $23,409 
Right of use assets acquired under operating leases$28,643 $27,461