Leases (Tables)

6 Months Ended

Jul. 03, 2022

Leases

Schedule of future minimum lease payments for the Company's operating and financing lease

Fiscal Year Ending:		Operating Leases	Finance Leases		Total
2022 (remaining six months)	$	2,425	$	390	$	2,815
2023		4,487		946		5,433
2024		4,636		946		5,582
2025		5,217		946		6,163
2026		4,516		—		4,516
Thereafter		16,604		—		16,604
Total undiscounted lease payment		37,885		3,228		41,113
Present value adjustment		(8,482)		(166)		(8,648)
Total lease liabilities		29,403		3,062		32,465
Less: lease liabilities, current		2,843		865		3,708
Lease liabilities, noncurrent	$	26,560	$	2,197	$	28,757

Schedule of supplemental disclosure of lease costs and other information

The following information represents supplemental disclosure of lease costs, components of the statement of cash flows related to operating and finance leases and components of right-of-use assets (in thousands):

		Three Months Ended		Six Months Ended
		July 3,		July 3,
	2022			2022
Finance lease cost
Amortization of ROU assets	$	236	$	314
Interest on lease liabilities		24		32
Operating lease cost		1,156		2,263
Short-term lease cost		187		395
Variable lease cost		187		367
Total lease cost	$	1,790	$	3,371
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,398	$	2,908
Operating cash flows from finance leases	$	—	$	—
Financing cash flows from finance leases	$	344	$	344
Right-of-use assets obtained in exchange for new finance lease liabilities	$	—	$	3,763
Right-of-use assets obtained in exchange for new operating lease liabilities	$	1,839	$	1,839
Weighted-average remaining lease term - finance leases		45 months		45 months
Weighted-average remaining lease term - operating leases		95 months		95 months
Weighted-average discount rate - finance leases		3.00%		3.00%
Weighted-average discount rate - operating leases		6.52%		6.52%

Schedule of future minimum lease payments under non-cancelable operating leases

Future minimum lease payments under non-cancelable operating leases as of January 2, 2022 were as follows (in

thousands):

Fiscal Year Ending:		Amounts
2022	$	4,899
2023		4,263
2024		3,879
2025		4,017
2026		2,427
Thereafter		5,037
Total	$	24,522