Quarterly report [Sections 13 or 15(d)]

LEASES

v3.25.2
LEASES
6 Months Ended
Jun. 28, 2025
Leases [Abstract]  
LEASES LEASES
The Company enters into operating leases for retail stores, operational facilities, vehicles and certain equipment, with terms expiring at various dates through 2036. Most leases have fixed rentals, with many of the real estate leases requiring additional payments for real estate taxes and occupancy-related costs.
The following table presents supplemental cash flow and non-cash information related to operating leases:
Six Months Ended June
(In thousands) 2025 2024
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows $ 14,451  $ 15,769 
Right-of-use operating lease assets obtained in exchange for new operating lease liabilities - non-cash activity (1)
$ 99,597  $ 4,962 
(1) Includes $96.6 million related to the right-of-use operating lease assets obtained in the Acquisition.