Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.21.1
Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Summary of components of lease cost recorded on the consolidated statements of operations

Under ASC 842, the components of lease cost recorded on the condensed consolidated statements of operations were as follows:

 

 

 

For the three months ended
March 31,

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Finance lease cost:

 

 

 

 

 

 

Depreciation of right-of-use assets

 

$

3,317

 

 

$

3,192

 

Interest on lease liabilities

 

 

4,446

 

 

 

4,326

 

Operating lease costs included in store operating expenses

 

 

32,334

 

 

 

27,244

 

Operating lease costs included in general and administrative
   expenses

 

 

396

 

 

 

327

 

Lease cost related to variable lease payments, short-term
   leases and leases of low value assets

 

 

375

 

 

 

150

 

Right-of-use asset impairment charges

 

 

111

 

 

 

639

 

Total lease costs

 

$

40,979

 

 

$

35,878