LEASES (Tables)

12 Months Ended

Dec. 28, 2024

Leases [Abstract]

Summary of Balance Sheet

The following table presents the assets and liabilities related to operating and finance leases (in thousands):

	Balance Sheet Location	December 28, 2024		December 30, 2023
Assets:
Operating lease assets	Operating lease right-of-use assets	$	78,279	$	77,556
Finance lease assets	Property and equipment, net	5,625		6,295
Total lease assets		$	83,904	$	83,851
Liabilities:
Current
Operating lease liabilities	Operating lease liabilities	$	19,621	$	14,726
Finance lease liabilities	Current maturities of long-term debt	2,256		2,360
Non-current
Operating lease liabilities	Operating lease liabilities, non-current	73,586		76,163
Finance lease liabilities	Long-term debt, net of current portion	1,190		3,445
Total lease liabilities		$	96,653	$	96,694

Summary of Lease Cost

The following table presents the components of lease costs (in thousands):

	Fiscal Year Ended
	December 28, 2024		December 30, 2023		December 31, 2022
Operating lease costs	$	19,623	$	14,889	12,943
Finance lease cost - amortization of right-of-use assets	2,014		1,862		1,860
Finance lease cost - interest on lease liabilities	109		138		182
Short-term lease cost	356		246		67
Variable lease cost	4,897		5,537		4,645
Sublease income	(827)		(747)		(743)
Total lease cost	$	26,172	$	21,925	$	18,954

The following table presents lease terms and discount rates:

	December 28, 2024		December 30, 2023
Weighted average remaining lease term:
Operating leases	6.41 years		6.38 years
Finance leases	2.98 years		4.01 years
Weighted average discount rate:
Operating leases	5.24	%	4.87	%
Finance leases	2.39	%	2.50	%

The following table presents supplemental cash flow information related to our leases (in thousands):

	December 28, 2024		December 30, 2023		December 31, 2022
Cash paid for amounts included in measurement of liabilities:
Operating cash flows used in operating leases	$	20,038	$	15,047	$	13,387
Operating cash flows used in finance leases	109		137		182
Financing cash flows used in finance leases	3,719		2,131		2,063
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	16,670		35,497		12,083
Finance leases	1,362		625		17

Schedule of Operating Lease Liability, Maturity

The following table presents the minimum lease payment obligations of operating and finance lease liabilities (leases with terms in excess of one year) for the next five years and thereafter as of December 28, 2024 (in thousands):

	Operating Leases		Finance Leases		Total
2025	$	24,034	$	2,315	$	26,349
2026	20,582		973		21,555
2027	15,767		142		15,909
2028	11,718		106		11,824
2029	8,940		—		8,940
Thereafter	29,449		—		29,449
Total lease payments	110,490		3,536		114,026
Less: Effect of discounting to net present value	17,283		90		17,373
Present value of lease liabilities	$	93,207	$	3,446	$	96,653

Schedule of Finance Lease Liability, Maturity

The following table presents the minimum lease payment obligations of operating and finance lease liabilities (leases with terms in excess of one year) for the next five years and thereafter as of December 28, 2024 (in thousands):

	Operating Leases		Finance Leases		Total
2025	$	24,034	$	2,315	$	26,349
2026	20,582		973		21,555
2027	15,767		142		15,909
2028	11,718		106		11,824
2029	8,940		—		8,940
Thereafter	29,449		—		29,449
Total lease payments	110,490		3,536		114,026
Less: Effect of discounting to net present value	17,283		90		17,373
Present value of lease liabilities	$	93,207	$	3,446	$	96,653