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Leases (Tables)
9 Months Ended
Sep. 26, 2025
Leases [Abstract]  
Summary of Weighted Average Remaining Lease Term and Discount Rate and Leases Within Condensed Consolidated Statement of Operations
Following is a summary of the weighted average remaining lease term and the weighted average discount rate for the Company’s leases:

September 26, 2025December 31, 2024
Weighted average remaining lease term:
Operating leases6.6 years6.4 years
Financing leases4.3 years2.9 years
Weighted average discount rate:
Operating leases4.4 %4.1 %
Financing leases4.8 %5.2 %

Following is a summary of the Company’s leases within the condensed consolidated statements of operations:

Third QuarterFirst Nine Months
(in thousands)2025202420252024
Operating lease costs$7,208 $7,289 $20,441 $22,553 
Short-term and variable leases1,908 3,421 5,825 9,820 
Depreciation expense from financing leases165 412 950 1,235 
Interest expense on financing lease obligations28 77 134 253 
Total lease cost$9,309 $11,199 $27,350 $33,861 
Summary of Future Minimum Lease Payments for Noncancelable Operating Leases Following is a
summary of future minimum lease payments for all noncancelable operating leases and financing leases as of September 26, 2025:

(in thousands)Operating LeasesFinancing Leases
Remainder of 2025$8,753 $156 
202628,297 627 
202724,742 338 
202820,221 345 
202918,913 352 
Thereafter44,705 268 
Total minimum lease payments including interest$145,631 $2,086 
Less: Amounts representing interest19,473 208 
Present value of minimum lease principal payments126,158 1,878 
Less: Current portion of lease liabilities24,544 548 
Noncurrent portion of lease liabilities$101,614 $1,330 

Following is a summary of future minimum lease payments for all noncancelable operating leases and financing leases as of December 31, 2024:

(in thousands)Operating LeasesFinancing Leases
2025$26,799 $2,869 
202624,578 1,233 
202721,101 338 
202816,427 345 
202915,046 352 
Thereafter27,482 268 
Total minimum lease payments including interest$131,433 $5,405 
Less: Amounts representing interest15,814 374 
Present value of minimum lease principal payments115,619 5,031 
Less: Current portion of lease liabilities23,257 2,685 
Noncurrent portion of lease liabilities$92,362 $2,346 
Summary of Future Minimum Lease Payments for Noncancelable Finance Leases Following is a
summary of future minimum lease payments for all noncancelable operating leases and financing leases as of September 26, 2025:

(in thousands)Operating LeasesFinancing Leases
Remainder of 2025$8,753 $156 
202628,297 627 
202724,742 338 
202820,221 345 
202918,913 352 
Thereafter44,705 268 
Total minimum lease payments including interest$145,631 $2,086 
Less: Amounts representing interest19,473 208 
Present value of minimum lease principal payments126,158 1,878 
Less: Current portion of lease liabilities24,544 548 
Noncurrent portion of lease liabilities$101,614 $1,330 

Following is a summary of future minimum lease payments for all noncancelable operating leases and financing leases as of December 31, 2024:

(in thousands)Operating LeasesFinancing Leases
2025$26,799 $2,869 
202624,578 1,233 
202721,101 338 
202816,427 345 
202915,046 352 
Thereafter27,482 268 
Total minimum lease payments including interest$131,433 $5,405 
Less: Amounts representing interest15,814 374 
Present value of minimum lease principal payments115,619 5,031 
Less: Current portion of lease liabilities23,257 2,685 
Noncurrent portion of lease liabilities$92,362 $2,346 
Summary of Leases Within Condensed Consolidated Statement of Cash Flow
Following is a summary of the Company’s leases within the condensed consolidated statements of cash flows:

First Nine Months
(in thousands)20252024
Cash flows from operating activities impact:
Operating leases$19,587 $22,454 
Interest payments on financing lease obligations134 253 
Total cash flows from operating activities impact$19,721 $22,707 
Cash flows from financing activities impact:
Principal payments on financing lease obligations$1,675 $1,848 
Total cash flows from financing activities impact$1,675 $1,848