Quarterly report pursuant to Section 13 or 15(d)

LEASES

v3.23.2
LEASES
 3 Months Ended
Jul. 01, 2023
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 and impairment. Components of lease cost were as follows:
Three Months Ended June
(In thousands) 2023 2022
Operating lease cost $ 106,131  $ 101,705 
Other lease cost 35,319  33,165 
Total lease cost $ 141,450  $ 134,870 

During the three months ended June 2023 and 2022, the Company paid $114.2 million and $102.3 million for operating leases, respectively. During the three months ended June 2023 and 2022, the Company obtained $71.8 million and $105.9 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 and impairment. Components of lease cost were as follows:
Three Months Ended June
(In thousands) 2023 2022
Operating lease cost $ 106,131  $ 101,705 
Other lease cost 35,319  33,165 
Total lease cost $ 141,450  $ 134,870 

During the three months ended June 2023 and 2022, the Company paid $114.2 million and $102.3 million for operating leases, respectively. During the three months ended June 2023 and 2022, the Company obtained $71.8 million and $105.9 million of right-of-use assets in exchange for lease liabilities, respectively.