LEASES (Tables)

3 Months Ended

Dec. 27, 2019

Supplmental balance Sheet Information Related to the Company's Leases

Supplemental balance sheet information related to the Company’s operating leases were as follows:



	December 27, 2019

Weighted average remaining lease term for operating leases (in years)	4.4
Weighted average discount rate for operating leases	5.48	%

Components of Lease Expense and Supplemental Cash Flow Information

The components of lease expense, recorded in cost of sales, selling and administrative expenses and interest and financing expense in the condensed consolidated statements of operation, during the three months ended December 27, 2019 were as follows:



		Three Months Ended
Lease Expense	Classification	December 27, 2019
(in thousands)
Operating lease expense
Fixed payment operating lease expense ⁽¹⁾	Cost of sales	$	26
Fixed payment operating lease expense	Selling and administrative expenses	15
Variable payment operating lease expense		—
Finance lease expense
Depreciation of ROU assets	Cost of sales	129
Interest	Interest and financing expense	85
Total lease expense		$	255

⁽¹⁾ Includes short-term leases which are not material.

Supplemental Cash Flow Information

Supplemental cash flow information related to the Company's leases during the three months ended December 27, 2019 were as follows:



	Three Months Ended
Supplemental Cash Flow	December 27, 2019
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Cash paid for operating lease ROU assets	$	32
Interest paid on finance leases	85
Financing cash flows from finance leases	—

Lease liabilities arising from obtaining ROU assets:
Operating leases	19

Summary of Operating Lease Payments

A summary of operating lease payments for the next five years follows:



Operating Lease Payment Schedule	Contractual Lease Payments
(in thousands)
Twelve months ending December
2020	$	77
2021	73
2022	72
2023	72
2024 and thereafter	37
Total operating lease payments	331
Less: amounts representing interest	(38		)
Total operating lease obligation	$	293

Summary of Finance Lease Payments

Schedule of Future Minimum Lease Payments for Capital Leases

A summary of finance lease payments for the next five years follows:



Finance Lease Payment Schedule	Contractual Lease Payments
(in thousands)
Twelve months ending December
2020	$	757
2021	770
2022	785
2023	798
2024 and thereafter	6,683
Total capital lease payments	9,793
Less: amounts representing interest	(2,436		)
Total finance lease obligation	$	7,357