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Leases - (Tables)
6 Months Ended
Jul. 01, 2023
Leases [Abstract]  
Leases Recorded on the Balance Sheet
Leases recorded on the balance sheet consist of the following (in thousands):
LeasesJuly 1, 2023December 31, 2022
 Assets
 Operating lease right of use asset$23,663 $24,342 
 Liabilities
 Operating lease - current$4,072 $4,208 
 Operating lease - non-current$18,987 $20,043 
Other Information Related to Lease Term and Discount Rate
Other information related to lease term and discount rate is as follows:
July 1, 2023
 Operating leases weighted average remaining lease term (in years)7.24 years
 Operating leases weighted average discount rate3.39 %
Components of Lease Expense The components of lease expense are as follows (in thousands):
Fiscal quarter endedSix Fiscal Months Ended
July 1, 2023July 2, 2022July 1, 2023July 2, 2022
Operating lease cost$1,247 $1,299 $2,491 $2,609 
Short-term lease cost45 17 91 42 
Sublease income(98)(105)(198)(217)
Total net lease cost$1,194 $1,211 $2,384 $2,434 
Maturities of Operating Lease Liabilities
Undiscounted maturities of operating lease payments as of July 1, 2023 are summarized as follows (in thousands):
2023 (excluding the six months ended July 1, 2023)$2,370 
20244,228 
20253,843 
20263,217 
20273,010 
Thereafter9,158 
Total future minimum lease payments$25,826 
 Less: amount representing interest(2,767)
 Present value of future minimum lease payments$23,059