Commitments and Contingencies (Tables)
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12 Months Ended |
Jan. 03, 2026 |
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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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January 3, 2026 |
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December 28, 2024 |
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Components of lease cost |
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Finance lease cost components |
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Amortization of finance lease assets |
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$ |
3,491 |
|
$ |
4,491 |
|
Interest on finance lease liabilities |
|
|
680 |
|
|
866 |
|
Total finance lease costs |
|
$ |
4,171 |
|
$ |
5,357 |
|
Operating lease costs |
|
$ |
5,418 |
|
$ |
4,884 |
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|
|
|
|
|
|
|
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Total lease cost |
|
$ |
9,589 |
|
$ |
10,241 |
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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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|
January 3, 2026 |
|
December 28, 2024 |
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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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$ |
7,716 |
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$ |
7,006 |
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Operating cash outflow from finance leases |
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|
680 |
|
|
866 |
|
Financing cash outflow from finance leases |
|
|
3,444 |
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|
4,311 |
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|
|
|
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Weighted-average remaining lease term-finance leases (in years) |
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|
5.3 |
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5.4 |
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Weighted-average remaining lease term-operating leases (in years) |
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|
4.2 |
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|
4.9 |
|
Weighted-average discount rate-finance leases |
|
|
6.95 |
% |
|
6.48 |
% |
Weighted-average discount rate-operating leases |
|
|
6.87 |
% |
|
6.37 |
% |
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| Schedule of Lease Commitments - Finance lease |
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Finance Leases |
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Operating Leases |
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Total |
2026 |
|
$ |
2,902 |
|
$ |
6,085 |
|
$ |
8,987 |
2027 |
|
|
1,885 |
|
|
6,118 |
|
|
8,003 |
2028 |
|
|
1,206 |
|
|
4,430 |
|
|
5,636 |
2029 |
|
|
1,057 |
|
|
3,572 |
|
|
4,629 |
2030 |
|
|
1,073 |
|
|
2,989 |
|
|
4,062 |
Thereafter |
|
|
2,672 |
|
|
954 |
|
|
3,626 |
Total minimum payments required |
|
|
10,795 |
|
|
24,148 |
|
|
34,943 |
Less portion representing interest |
|
|
1,946 |
|
|
3,519 |
|
|
5,465 |
Present value of lease obligations |
|
$ |
8,849 |
|
$ |
20,629 |
|
$ |
29,478 |
Less current portion of lease obligations |
|
|
2,767 |
|
|
4,858 |
|
|
7,625 |
Long-term portion of lease obligations |
|
$ |
6,082 |
|
$ |
15,771 |
|
$ |
21,853 |
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| Schedule of Lease Commitments - Operating lease |
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Finance Leases |
|
Operating Leases |
|
Total |
2026 |
|
$ |
2,902 |
|
$ |
6,085 |
|
$ |
8,987 |
2027 |
|
|
1,885 |
|
|
6,118 |
|
|
8,003 |
2028 |
|
|
1,206 |
|
|
4,430 |
|
|
5,636 |
2029 |
|
|
1,057 |
|
|
3,572 |
|
|
4,629 |
2030 |
|
|
1,073 |
|
|
2,989 |
|
|
4,062 |
Thereafter |
|
|
2,672 |
|
|
954 |
|
|
3,626 |
Total minimum payments required |
|
|
10,795 |
|
|
24,148 |
|
|
34,943 |
Less portion representing interest |
|
|
1,946 |
|
|
3,519 |
|
|
5,465 |
Present value of lease obligations |
|
$ |
8,849 |
|
$ |
20,629 |
|
$ |
29,478 |
Less current portion of lease obligations |
|
|
2,767 |
|
|
4,858 |
|
|
7,625 |
Long-term portion of lease obligations |
|
$ |
6,082 |
|
$ |
15,771 |
|
$ |
21,853 |
|