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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 28, 2019
Commitments and Contingencies Disclosure  
Schedule of lease commitments - Finance lease

Lease commitments as of December 28, 2019 were as follows:

 

 

 

 

 

 

 

 

 

 

 

    

Finance Leases

    

Operating Leases

    

Total

2020

    

$

1,334

 

$

1,609

 

$

2,943

2021

 

 

1,166

 

 

1,339

 

 

2,505

2022

 

 

1,175

 

 

1,045

 

 

2,220

2023

 

 

1,189

 

 

763

 

 

1,952

2024

 

 

1,121

 

 

586

 

 

1,707

Thereafter

 

 

8,767

 

 

 —

 

 

8,767

Total minimum payments required

 

 

14,752

 

 

5,342

 

 

20,094

Less portion representing interest

 

 

5,485

 

 

555

 

 

6,040

Present value of lease obligations

 

$

9,267

 

$

4,787

 

$

14,054

Less current portion of lease obligations

 

 

640

 

 

1,368

 

 

2,008

Long-term portion of lease obligations

 

$

8,627

 

$

3,419

 

$

12,046

 

Schedule of quantitative information regarding the Company’s leases

Quantitative information regarding the Company’s leases as of December 28, 2019 is as follows (in thousands):

 

 

 

 

 

 

Fiscal Year ended

 

    

December 28, 2019

Components of lease cost

 

 

 

Finance lease cost components

 

 

 

Amortization of finance lease assets

 

$

1,007

Interest on finance lease liabilities

 

 

692

Total finance lease costs

 

$

1,699

Operating lease components

 

 

 

Operating lease cost

 

$

1,409

Short-term lease cost

 

 

 —

Total operating lease costs

 

$

1,409

 

 

 

 

Total lease cost

 

$

3,108

 

 

 

 

Supplemental cash flow information related to our operating leases is as follows for the period ended December 28, 2019:

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

Operating cash outflow from operating leases

 

$

1,297

Operating cash outflow from financing leases

 

 

692

Financing cash outflow from financing leases

 

 

654

 

 

 

 

Weighted-average remaining lease term-finance leases (in years)

 

 

12.3

Weighted-average remaining lease term-operating leases (in years)

 

 

3.7

Weighted-average discount rate-finance leases

 

 

7.69

Weighted-average discount rate-operating leases

 

 

5.59

 

Schedule of lease commitments

 

 

 

 

 

 

 

 

 

 

 

    

Finance Leases

    

Operating Leases

    

Total

2020

    

$

1,334

 

$

1,609

 

$

2,943

2021

 

 

1,166

 

 

1,339

 

 

2,505

2022

 

 

1,175

 

 

1,045

 

 

2,220

2023

 

 

1,189

 

 

763

 

 

1,952

2024

 

 

1,121

 

 

586

 

 

1,707

Thereafter

 

 

8,767

 

 

 —

 

 

8,767

Total minimum payments required

 

 

14,752

 

 

5,342

 

 

20,094

Less portion representing interest

 

 

5,485

 

 

555

 

 

6,040

Present value of lease obligations

 

$

9,267

 

$

4,787

 

$

14,054

Less current portion of lease obligations

 

 

640

 

 

1,368

 

 

2,008

Long-term portion of lease obligations

 

$

8,627

 

$

3,419

 

$

12,046