Leases

12 Months Ended

Dec. 27, 2024

Leases [Abstract]

Leases

Note 5 – Leases

We lease facilities under various non-cancellable operating leases expiring through 2037. In addition to base rental payments, we are generally responsible for our proportionate share of operating expenses, including facility maintenance, insurance, and property taxes. As these amounts are variable, they are not included in lease liabilities. As of December 27, 2024, we had no operating leases executed for which the rental period had not yet commenced.

The components of lease expense are as follows:

	Year Ended
	December 27, 2024		December 29, 2023		December 30, 2022
Operating lease cost	$	10,009	$	9,656	$	8,760

Supplemental cash flow information related to leases is as follows:

	Year Ended
	December 27, 2024		December 29, 2023		December 30, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	9,834	$	9,494	$	8,164

Supplemental balance sheet information related to leases is as follows:

	December 27, 2024	December 29, 2023
Weighted-average remaining lease term of operating leases	6.1 years	4.6 years
Weighted-average discount rate of operating leases	4.7%	3.4%

Future minimum lease payments under non-cancellable leases as of December 27, 2024 are as follows:

2025	$	11,494
2026	11,097
2027	10,232
2028	5,619
2029	3,170
Thereafter	12,268
Total future minimum lease payments	53,880
Less imputed interest	(8,197)
Total lease liabilities	45,683
Less current portion	(11,494)
Total lease Liabilities, less current portion	$	34,189