Property and Equipment, Net

6 Months Ended

Jul. 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:

	July 2,			December 31,			Average
	2021			2020			life
Furniture and fixtures	$	3,869		$	3,492			3-5 years
Equipment and vehicles		38,525			32,797			3-10 years
Computers		20,050			19,649			3 years
Leasehold improvements		5,696			5,548			3-5 years
Construction in progress		150			130
Less: Accumulated depreciation and amortization		(54,986	)		(47,482	)
	$	13,304		$	14,134

Property and equipment under capital leases:

	July 2,			December 31,
	2021			2020
Computer equipment	$	1,583		$	1,578
Less accumulated depreciation		(1,277	)		(1,021	)
	$	306		$	557

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

2021 (six months remaining)	$	183
2022		365
2023		281
2024		99
2025		19
Thereafter		-
	$	947

Depreciation expense was approximately $1.5 and $1.5 million for the three months ended July 2, 2021 and June 30, 2020, respectively and $2.9 and $2.9 million for the six months ended July 2, 2021 and June 30, 2020, respectively.