Commitments and Contingencies (Tables)
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12 Months Ended |
Dec. 28, 2024 |
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| Commitments and Contingencies |
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| Schedule of Quantitative information regarding the Company's Leases |
Quantitative information regarding the Company’s leases are as follows (in thousands):
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Fiscal Year ended |
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|
December 28, 2024 |
|
December 30, 2023 |
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Components of lease cost |
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Finance lease cost components |
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|
|
|
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|
|
Amortization of finance lease assets |
|
$ |
4,491 |
|
$ |
5,040 |
|
Interest on finance lease liabilities |
|
|
866 |
|
|
1,058 |
|
Total finance lease costs |
|
$ |
5,357 |
|
$ |
6,098 |
|
Operating lease costs |
|
$ |
4,884 |
|
$ |
4,488 |
|
|
|
|
|
|
|
|
|
Total lease cost |
|
$ |
10,241 |
|
$ |
10,586 |
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Supplemental cash flow information related to operating and finance leases is as follows: |
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|
Fiscal Year ended |
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|
December 28, 2024 |
|
December 30, 2023 |
|
Cash paid for amounts included in the measurement of lease liabilities: |
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Operating cash outflow from operating leases |
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$ |
7,006 |
|
$ |
5,549 |
|
Operating cash outflow from finance leases |
|
|
866 |
|
|
1,058 |
|
Financing cash outflow from finance leases |
|
|
4,311 |
|
|
4,738 |
|
|
|
|
|
|
|
|
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Weighted-average remaining lease term-finance leases (in years) |
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|
5.4 |
|
|
5.6 |
|
Weighted-average remaining lease term-operating leases (in years) |
|
|
4.9 |
|
|
4.6 |
|
Weighted-average discount rate-finance leases |
|
|
6.48 |
% |
|
6.13 |
% |
Weighted-average discount rate-operating leases |
|
|
6.37 |
% |
|
4.08 |
% |
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| Schedule of Lease Commitments - Finance lease |
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Finance Leases |
|
Operating Leases |
|
Total |
2025 |
|
$ |
4,123 |
|
$ |
7,444 |
|
$ |
11,567 |
2026 |
|
|
3,171 |
|
|
6,861 |
|
|
10,032 |
2027 |
|
|
1,870 |
|
|
6,918 |
|
|
8,788 |
2028 |
|
|
1,192 |
|
|
5,253 |
|
|
6,445 |
2029 |
|
|
1,057 |
|
|
4,003 |
|
|
5,060 |
Thereafter |
|
|
3,637 |
|
|
3,897 |
|
|
7,534 |
Total minimum payments required |
|
|
15,052 |
|
|
34,377 |
|
|
49,429 |
Less portion representing interest |
|
|
2,739 |
|
|
5,364 |
|
|
8,103 |
Present value of lease obligations |
|
$ |
12,313 |
|
$ |
29,013 |
|
$ |
41,326 |
Less current portion of lease obligations |
|
|
3,471 |
|
|
5,810 |
|
|
9,281 |
Long-term portion of lease obligations |
|
$ |
8,842 |
|
$ |
23,203 |
|
$ |
32,045 |
|
| Schedule of Lease Commitments - Operating lease |
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|
Finance Leases |
|
Operating Leases |
|
Total |
2025 |
|
$ |
4,123 |
|
$ |
7,444 |
|
$ |
11,567 |
2026 |
|
|
3,171 |
|
|
6,861 |
|
|
10,032 |
2027 |
|
|
1,870 |
|
|
6,918 |
|
|
8,788 |
2028 |
|
|
1,192 |
|
|
5,253 |
|
|
6,445 |
2029 |
|
|
1,057 |
|
|
4,003 |
|
|
5,060 |
Thereafter |
|
|
3,637 |
|
|
3,897 |
|
|
7,534 |
Total minimum payments required |
|
|
15,052 |
|
|
34,377 |
|
|
49,429 |
Less portion representing interest |
|
|
2,739 |
|
|
5,364 |
|
|
8,103 |
Present value of lease obligations |
|
$ |
12,313 |
|
$ |
29,013 |
|
$ |
41,326 |
Less current portion of lease obligations |
|
|
3,471 |
|
|
5,810 |
|
|
9,281 |
Long-term portion of lease obligations |
|
$ |
8,842 |
|
$ |
23,203 |
|
$ |
32,045 |
|