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Leases
12 Months Ended
Jan. 01, 2022
Leases  
Leases

12. Leases

The Company leases certain facilities under operating lease agreements that expire at various dates through 2030. Some of these arrangements contain renewal options and require the Company to pay taxes, insurance and maintenance costs. Lease costs for operating leases were $7.4 million, $5.6 million and $5.8 million during fiscal 2021, 2020 and 2019, respectively.

Supplemental Lease Information

    

January 1,

    

January 2,

Balance Sheet Information (in thousands)

2022

2021

Operating lease right-of-use assets

$

27,896

$

27,392

Operating lease liabilities

$

29,171

$

29,017

   

Year Ended

January 1,

January 2,

Cash Flow Information (in thousands)

2022

2021

Cash paid for operating lease liabilities

 

$

7,138

$

5,541

Right-of-use assets obtained in exchange for operating lease obligations

 

$

6,335

$

16,711

    

January 1,

    

January 2,

Operating Lease Information

2022

2021

Weighted-average remaining lease term

 

5.9 years

6.4 years

Weighted-average discount rate

 

3.83

%

4.24

%

12. Leases (Continued)

The maturities of operating lease liabilities as of January 1, 2022 were as follows (in thousands):

Fiscal Year

    

2022

$

7,136

2023

6,207

2024

5,188

2025

3,786

2026

2,623

Thereafter

7,403

Total lease payments

32,343

Less imputed interest

(3,172)

Total lease liabilities

$

29,171

Lease income

The Company leases a portion of its headquarter facilities to other tenants. Lease income from operating leases was $4.9 million, $3.2 million and $4.0 million during fiscal 2021, 2020 and 2019, respectively.