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LEASES
 12 Months Ended
Dec. 30, 2023
Leases [Abstract]  
LEASES LEASES
The following table presents lease-related assets and liabilities recorded in the Company's balance sheets:
(In thousands)December 2023December 2022
Assets
Operating lease assets, noncurrent$54,812 $51,029 
Total lease assets$54,812 $51,029 
Liabilities
Operating lease liabilities, current$21,003 $19,898 
Operating lease liabilities, noncurrent36,753 31,506 
Total lease liabilities$57,756 $51,404 
Weighted-average remaining lease term (in years)
Operating leases4.193.99
Weighted-average discount rate
Operating leases5.67 %4.39 %
Lease costs
The following table presents certain information related to lease costs for operating leases:
Year Ended December
(In thousands)202320222021
Operating lease costs$31,543 $26,634 $30,394 
Short-term lease costs (excluding leases of one month or less)603 279 272 
Variable lease costs4,070 3,145 3,505 
Total lease costs$36,216 $30,058 $34,171 
Other information
The following table presents supplemental cash flow and non-cash information related to operating leases:
Year Ended December
(In thousands)202320222021
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows$31,457 $29,977 $37,474 
Right-of-use operating lease assets obtained in exchange for new operating leases - non-cash activity$14,964 $17,684 $4,323 
The following table presents future maturities of operating lease liabilities as of December 2023:
(In thousands)Lease Obligations
2024$23,353 
202515,923 
20268,372 
20276,334 
20283,556 
Thereafter7,010 
Total future minimum lease payments64,548 
Less: amounts related to imputed interest(6,792)
Present value of future minimum lease payments57,756 
Less: operating lease liabilities, current(21,003)
Operating lease liabilities, noncurrent$36,753 
As of December 2023, the Company had not entered into any operating lease arrangements that had not yet commenced. The Company continuously monitors lease contracts and may negotiate amendments that include extensions or modifications to existing leases.
Refer to Note 14 to the Company's financial statements for additional information on the related fair value measurements.