Leases (Tables)

6 Months Ended

Jun. 28, 2024

Leases [Abstract]

Schedule of Lease Expense

Lease expenses recorded within the condensed consolidated statements of operations are comprised as follows:

	Three Months Ended				Six Months Ended
(In thousands)	June 28, 2024		June 30, 2023		June 28, 2024		June 30, 2023
Operating lease cost
Cost of revenue	$	2,397	$	3,543	$	4,749	$	6,778
Selling, general and administrative expenses		245		379		550		672
Finance lease cost (all in cost of revenue):
Amortization of right-of-use assets		66		75		133		150
Interest on lease liabilities		6		6		14		13
Short-term lease cost		100		175		182		318
Total lease cost	$	2,814	$	4,178	$	5,628	$	7,931

Schedule of Balance Sheets Information Related to Leases

Additional condensed consolidated balance sheets information related to leases is as follows:

		June 28,		December 29,
(In thousands)	Balance Sheet Classification	2024		2023
Assets:
Operating lease assets	Lease right-of-use assets	$	21,173	$	23,568
Finance lease assets	Lease right-of-use assets		155		287
Total lease assets		$	21,328	$	23,855
Liabilities:
Current:
Operating lease liabilities	Other current liabilities	$	7,842	$	8,247
Finance lease liabilities	Other current liabilities		190		317
Total current lease liabilities		$	8,032	$	8,564
Non-current:
Operating lease liabilities	Lease liabilities, non-current	$	13,154	$	15,017
Finance lease liabilities	Lease liabilities, non-current		-		28
Total non-current lease liabilities		$	13,154	$	15,045

Schedule of Weighted Average Remaining Lease Term

Weighted average remaining lease term information related to leases is as follows:

	June 28,	December 29,
	2024	2023
Weighted average remaining lease term (in years):
Operating leases	3.3	3.4
Finance leases	0.6	1.1
Weighted average discount rate:
Operating leases	6.5%	6.3%
Finance leases	9.9%	9.9%

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows:

	Three Months Ended				Six Months Ended
	June 28,		June 30,		June 28,		June 30,
(In thousands)	2024		2023		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,873	$	3,236	$	5,207	$	6,028
Financing cash flows from finance leases		78		78		155		155
Right-of-use assets obtained in exchange for new operating leases	$	165	$	2,440	$	2,045	$	11,044

Schedule of Remaining Lease Payments Under Operating and Financing Leases

Total remaining lease payments under both the Company’s operating and finance leases are as follows:

	Operating			Financing
(In thousands)	Leases			Leases
Year
2024	$	4,599		$	169
2025		8,883			28
2026		4,081			—
2027		2,424			—
2028		2,236			—
Thereafter		1,077			—
Total lease payments		23,300			197
Amounts representing interest		(2,304	)		(7	)
Total lease liabilities	$	20,996		$	190