Property and Equipment, Net

3 Months Ended

Apr. 02, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

NOTE 5 – PROPERTY AND EQUIPMENT, NET

The Company depreciates its assets on a straight-line basis over the assets’ useful lives, which range from 3 to 10 years. Property and equipment consist of the following:

	April 2,			December 31,			Average
	2021			2020			Life
Furniture and fixtures	$	3,546		$	3,492		3-5 years
Equipment and vehicles		33,189			32,797		3-10 years
Computers		19,837			19,649		3 years
Leasehold improvements		5,600			5,548		3-5 years
Construction in Progress		133			130
Less: Accumulated depreciation and amortization		(48,722	)		(47,482	)
	$	13,583		$	14,134

Property and equipment under capital leases:

	April 2,			December 31,
	2021			2020
Computer equipment	$	1,583		$	1,578
Less accumulated depreciation		(1,143	)		(1,021	)
	$	440		$	557

Capital leases for computer equipment have an average lease term of five years with minimum lease payments as follows:

2021 (nine months remaining)	$	273
2022		364
2023		280
2024		97
2025		18
Thereafter		-
	$	1,032

Depreciation expense was approximately $1.4 million and $1.4 million for the quarters ended April 2, 2021 and March 31, 2020, respectively.