Leases (Tables)

6 Months Ended

Jul. 04, 2020

The components of lease expense for the three and six months ended July 4, 2020, and June 29, 2019, are as follows (in thousands):

	Three Months Ended				Six Months Ended
	July 4,		June 29,		July 4,		June 29,
	2020		2019		2020		2019

Operating lease cost	$	2,212	$	1,408	$	4,221	$	2,960
Variable lease cost		905		758		1,786		1,332
Total lease cost	$	3,117	$	2,166	$	6,007	$	4,292

Other Information Relating to Leases

Other information relating to leases for the three and six months ended July 4, 2020, and June 29, 2019, are as follows (in thousands, except years and percentages):

	Three Months Ended						Six Months Ended
	July 4,			June 29,			July 4,			June 29,
	2020			2019			2020			2019
Supplemental cash flows information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows relating to operating leases	$	(2,212	)	$	(1,384	)	$	(4,221	)	$	(2,960	)

Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	233		$	—		$	14,838		$	—

Weighted average remaining lease term in years
Operating leases		7.10			4.38			7.10			4.38

Weighted average discount rate
Operating leases		5.9	%		6.2	%		5.9	%		6.2	%

Future Maturities under Operating Leases

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

	July 4,			December 28,
	2020			2019
Remainder of 2020	$	4,449		$	6,319
2021		7,356			4,771
2022		6,497			3,878
2023		6,260			3,741
2024		6,211			3,771
Thereafter		18,933			13,691

Total future minimum lease payments		49,706			36,171

Less: Imputed interest		(9,190	)		(7,428	)

Operating lease liability - total	$	40,516		$	28,743

Reported as of July 4, 2020 and December 28, 2019:
Current portion of operating lease liability	$	6,114		$	4,703
Operating lease liability, less current portion		34,402			24,040

Operating lease liability - total	$	40,516		$	28,743