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LEASES (Tables)
3 Months Ended
Mar. 28, 2020
LEASES  
Summary of undiscounted cash flows related to operating leases

The following table displays the undiscounted cash flows related to operating leases along with a reconciliation to the discounted amount recorded on the Consolidated Balance Sheets (amounts in thousands) as of March 28, 2020:

 

 

 

 

 

 

 

    

OPERATING

 

 

 

LEASE

 

 

 

LIABILITIES

 

2020

 

$

1,062

 

2021

 

 

1,389

 

2022

 

 

1,307

 

2023

 

 

761

 

2024

 

 

255

 

Thereafter

 

 

655

 

Total lease payments

 

 

5,429

 

Less: interest

 

 

(552)

 

Present value of operating lease liabilities

 

$

4,877

 

 

Components of lease expense and other information

 

 

 

 

 

 

 

 

Three Months ended

 

 

MARCH 28,

 

MARCH 30,

 

 

2020

 

2019

 

Operating lease expense

$

356

 

$

529

 

Short-term lease expense

$

215

 

$

203

 

 

 

 

 

 

 

 

Weighted-average remaining lease term (years)

 

4.5

 

 

5.5

 

Weighted-average discount rate

 

6.0%

 

 

6.1%