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Leases (Tables)
6 Months Ended
Jun. 28, 2019
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense were as follows (in thousands, except lease term and discount rate):

 

 

 

For the Three Months

Ended June 28, 2019

 

 

For the Six Months

Ended June 28, 2019

 

Finance lease cost:

 

 

 

 

 

 

 

 

Amortization of right-of-use assets

 

$

33

 

 

$

66

 

Interest on lease liabilities

 

 

19

 

 

 

79

 

Operating lease cost

 

 

3,265

 

 

 

6,685

 

Short-term lease cost

 

 

394

 

 

 

639

 

Sublease income

 

 

(23

)

 

 

(64

)

Total lease cost

 

$

3,688

 

 

$

7,405

 

 

 

 

 

 

 

 

 

 

Other information

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement

   of lease liabilities:

 

 

 

 

 

 

 

 

Operating cash flows from finance leases

 

$

19

 

 

$

79

 

Operating cash flows from operating leases

 

$

3,670

 

 

$

7,108

 

Financing cash flows from finance leases

 

$

156

 

 

$

312

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of June 28, 2019

 

Finance leases:

 

 

 

 

 

 

 

 

Property and equipment

 

 

 

 

 

$

3,636

 

Accumulated amortization

 

 

 

 

 

 

80

 

Property and equipment, net

 

 

 

 

 

$

3,556

 

 

 

 

 

 

 

 

 

 

Finance lease liabilities, current

 

 

 

 

 

$

486

 

Finance lease liabilities, non-current

 

 

 

 

 

 

2,667

 

Total finance lease liabilities

 

 

 

 

 

$

3,153

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term – finance leases

 

 

 

 

 

4.9 years

 

Weighted-average remaining lease term – operating leases

 

 

 

 

 

2.3 years

 

Weighted-average discount rate – finance leases

 

 

 

 

 

 

7

%

Weighted-average discount rate – operating leases

 

 

 

 

 

 

7

%

Summary of Future Annual Minimum Lease Payments and Capital Lease Commitment

Future annual minimum lease payments and capital lease commitments as of June 28, 2019were as follows (in thousands):

 

 

 

Operating Leases

 

 

Finance Leases

 

2019  (remaining in year)

 

$

7,057

 

 

$

312

 

2020

 

 

12,409

 

 

 

623

 

2021

 

 

10,010

 

 

 

623

 

2022

 

 

7,640

 

 

 

616

 

2023

 

 

3,118

 

 

 

569

 

Thereafter

 

 

2,458

 

 

 

840

 

Total minimum lease payments

 

 

42,692

 

 

 

3,583

 

Less: imputed interest

 

 

5,742

 

 

 

430

 

Lease liability

 

$

36,950

 

 

$

3,153