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LEASES (Tables)
9 Months Ended
Oct. 01, 2022
LEASES  
Summary of components of lease expense

Fiscal Quarter Ended

Three Fiscal Quarters Ended

    

October 1, 2022

    

October 1, 2022

Operating lease expense

$

2,295

$

6,799

Short-term lease expense

 

58

 

90

Variable lease expense

 

141

 

445

Total lease expense

$

2,494

$

7,334

Schedule of supplemental lease information

The table below presents supplemental information related to leases as of October 1, 2022:

    

October 1, 2022

Weighted-average remaining lease term (years)

Operating leases

6.8

Weighted-average discount rate

Operating leases

4.9

%

The table below presents supplemental information related to the cash flows for operating leases recorded on the condensed consolidated statements of cash flows (in thousands):

Three Fiscal Quarters Ended

    

October 1, 2022

    

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

5,249

Summary of maturities of operating lease liabilities

    

Operating Leases

Remainder of fiscal 2022

$

2,124

2023

8,162

2024

7,917

2025

7,259

2026

5,788

Thereafter

16,136

Total lease payments

47,386

Less: Interest

(7,354)

Present value of lease liability

$

40,032