Quarterly report pursuant to Section 13 or 15(d)

LEASES

v3.20.2
LEASES
 3 Months Ended
Jun. 27, 2020
Leases [Abstract]  
LEASES LEASES
The Company leases certain retail locations, office space, distribution facilities, machinery and equipment, and vehicles. The substantial majority of these leases are operating leases. Total lease cost includes operating lease cost, variable lease cost, finance lease cost, short-term lease cost, impairment and gain recognized from sale-leaseback transactions. Components of lease cost were as follows:
Three Months Ended June
(In thousands) 2020 2019
Operating lease cost $ 108,852    $ 99,588   
Other lease costs 14,998    17,904   
Total lease cost $ 123,850    $ 117,492   

During the three months ended June 2020 and 2019, the Company paid $65.0 million and $102.6 million of cash for operating leases, respectively. The decrease was driven by the timing of payments. During the three months ended June 2020 and 2019, the Company obtained $190.2 million and $146.4 million of right of use assets in exchange for lease liabilities, respectively.
LEASES LEASES
The Company leases certain retail locations, office space, distribution facilities, machinery and equipment, and vehicles. The substantial majority of these leases are operating leases. Total lease cost includes operating lease cost, variable lease cost, finance lease cost, short-term lease cost, impairment and gain recognized from sale-leaseback transactions. Components of lease cost were as follows:
Three Months Ended June
(In thousands) 2020 2019
Operating lease cost $ 108,852    $ 99,588   
Other lease costs 14,998    17,904   
Total lease cost $ 123,850    $ 117,492   

During the three months ended June 2020 and 2019, the Company paid $65.0 million and $102.6 million of cash for operating leases, respectively. The decrease was driven by the timing of payments. During the three months ended June 2020 and 2019, the Company obtained $190.2 million and $146.4 million of right of use assets in exchange for lease liabilities, respectively.