Leases (Tables)

3 Months Ended

Apr. 04, 2026

ash flows information related to leases is as follows:


	Fiscal Three Months Ended
	April 4, 2026		March 29, 2025
	(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows, operating leases	$	3,435	$	2,933
Operating cash flows, finance leases	$	6,854	$	6,873
Financing cash flows, finance leases	$	4,568	$	4,269

Schedule of Operating Lease Maturities

Below is a summary of undiscounted finance and operating lease obligations that have initial terms in excess of one year as of April 4, 2026. The table also includes a reconciliation of the future undiscounted cash flows to the present value of the finance and operating lease liabilities included in the unaudited condensed consolidated balance sheet, including options to extend lease terms that are reasonably certain of being exercised.


Fiscal Year:	Operating Leases		Finance Leases
	(In thousands)
2026 (remainder of fiscal year)	$	9,418	$	37,857
2027	11,741		43,566
2028	10,945		43,829
2029	9,410		40,496
2030	7,454		36,504
Thereafter	22,932		441,456
Total lease payments	$	71,900	$	643,708
Less: imputed interest	(18,276)		(326,963)
Total	$	53,624	$	316,745

Schedule of Finance Lease Maturities


Fiscal Year:	Operating Leases		Finance Leases
	(In thousands)
2026 (remainder of fiscal year)	$	9,418	$	37,857
2027	11,741		43,566
2028	10,945		43,829
2029	9,410		40,496
2030	7,454		36,504
Thereafter	22,932		441,456
Total lease payments	$	71,900	$	643,708
Less: imputed interest	(18,276)		(326,963)
Total	$	53,624	$	316,745