| Leases |
LEASES We determine whether an arrangement contains a lease at inception. We have operating leases for office space, apartments, vehicles, and machinery and equipment. Our operating leases have lease terms of less than one year to ten years. We do not separate lease components from non-lease components (e.g., common area maintenance, property taxes and insurance) but account for both components in a contract as a single lease component. The components of lease expense are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | (In thousands) | | October 1, 2021 | | October 2, 2020 | | October 1, 2021 | | October 2, 2020 | |
| Operating lease expense | | $ | 3,307 | | | $ | 1,349 | | | $ | 7,372 | | | $ | 5,621 | | | Variable lease expense | | 184 | | | 191 | | | 599 | | | 546 | | | Short-term lease expense | | 16,630 | | | 14,323 | | | 47,367 | | | 40,483 | | | Total lease expense | | $ | 20,121 | | | $ | 15,863 | | | $ | 55,338 | | | $ | 46,650 | |
Supplemental balance sheet information related to our operating leases is as follows: | | | | | | | | | | | | | | | |
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| (In thousands) | | October 1, 2021 | | December 31, 2020 | | Right-of-use assets | | $ | 43,111 | | | $ | 18,718 | | | | | | | | Current lease liabilities (recorded in other accrued liabilities) | | $ | 11,280 | | | $ | 6,245 | | | Long-term lease liabilities (recorded in other non-current liabilities) | | 34,308 | | | 13,970 | | | Total operating lease liabilities | | $ | 45,588 | | | $ | 20,215 | |
Additional right-of-use assets of $31.4 million were recognized as non-cash asset additions that resulted from new operating lease liabilities during the first nine months of 2021. The weighted average remaining lease term and discount rate for our operating leases at October 1, 2021 was 5.3 years and 3.7%, respectively. Maturities of lease liabilities at October 1, 2021 were as follows: | | | | | | | | | | (In thousands) | | Payments due | |
| 2021 (excluding the nine months ended October 1, 2021) | | $ | 3,300 | | | 2022 | | 12,020 | | | 2023 | | 11,825 | | | 2024 | | 7,435 | | | 2025 | | 3,488 | | | After 2025 | | 13,139 | | | Total minimum lease payments | | 51,207 | | | Less: Imputed interest | | (5,619) | | | Total operating lease liabilities | | $ | 45,588 | | |
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On September 30, 2021, the Company signed a forward-starting lease agreement in support of its contractual obligations under a task order issued under the Logistics Civil Augmentation Program (LOGCAP) V support services contract in support of the U.S. Military. The lease commencement date, which is anticipated in early 2022, is subject to the completion of certain documents and the receipt of related government regulatory and other third-party approvals. The lease term consists of eight one-year extension options and one additional six month option period. The annual rent obligations are $20 million per year, subject to a market adjustment beginning in the sixth year, and additional rent obligations for certain operating expenses.
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