Leases (Tables)

3 Months Ended

Apr. 04, 2020

The components of lease expense for the three months ended April 4, 2020, and March 30, 2019, are as follows (in thousands):

	Three Months Ended
	April 4,		March 30,
	2020		2019

Operating lease cost	$	2,009	$	1,576
Variable lease cost		881		550
Total lease cost	$	2,890	$	2,126

Other Information Relating to Leases

Other information relating to leases for the three months ended April 4, 2020, and March 30, 2019, are as follows (in thousands, except years and percentages):

	Three Months Ended
	April 4,			March 30,
	2020			2019
Supplemental cash flows information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows relating to operating leases	$	(2,009	)	$	(1,576	)

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	14,605		$	-

Weighted average remaining lease term in years
Operating leases		7.27			4.63

Weighted average discount rate
Operating leases		5.9	%		6.2	%

Future Maturities under Operating Leases

Future maturities under operating leases were as follows at April 4, 2020, and December 28, 2019 (in thousands):

	April 4,			December 28,
	2020			2019
Remainder of 2020	$	6,610		$	6,319
2021		7,255			4,771
2022		6,430			3,878
2023		6,236			3,741
2024		6,202			3,771
Thereafter		18,931			13,691

Total future minimum lease payments		51,664			36,171

Less: Imputed interest		(9,768	)		(7,428	)

Operating lease liability - total	$	41,896		$	28,743

Reported as of April 4, 2020 and December 28, 2019:
Current portion of operating lease liability	$	6,325		$	4,703
Operating lease liability, less current portion		35,571			24,040

Operating lease liability - total	$	41,896		$	28,743