Leases (Tables)

12 Months Ended

Dec. 30, 2023

Leases [Abstract]

Summary of operating leases

Amounts reported in the accompanying consolidated balance sheets as of December 30, 2023 and December 31, 2022 for operating leases were as follows (amounts in thousands):

	As of
	December 30, 2023		December 31, 2022
Operating lease right of use assets	$	49,499	$	54,601
Current portion of operating lease liabilities	$	14,881	$	13,070
Operating lease liabilities, less current portion		39,818		45,818
Total operating lease liabilities	$	54,699	$	58,888

Summary of Components of Lease Cost

The components of lease cost for the fiscal years ended December 30, 2023 and December 31, 2022 are as follows (amounts in thousands):

	For the fiscal years ended
	December 30, 2023		December 31, 2022
Operating Lease Costs:
Operating lease cost	$	21,803	$	21,898
Variable lease costs		4,305		3,328
Short-term lease costs		2,460		1,640
Total lease cost	$	28,568	$	26,866

Summary of operating lease Right of Use Assets and Related Lease Liabilities

Information related to the Company’s operating lease right of use assets and related operating lease liabilities are as follows (dollar amounts in thousands):

	For the fiscal years ended
	December 30, 2023			December 31, 2022
Cash payments of operating lease liabilities	$	(21,008	)	$	(22,626	)
Operating lease right of use assets obtained in exchange for new operating lease liabilities		11,843			20,273
Weighted average remaining lease term	3.74 years			4.27 years
Weighted average discount rate		8.97	%		7.48	%

Schedule of Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of December 30, 2023 are as follows (amounts in thousands):

Year Ending:
December 28, 2024	$	18,968
January 3, 2026		17,717
January 2, 2027		12,949
January 1, 2028		7,595
December 30, 2028		4,322
Thereafter		3,374
Total undiscounted lease payments		64,925
Less: Imputed Interest		(10,226	)
Total		54,699