Leases (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Supplemental Balance Sheet Information Related to Finance Leases

Supplemental balance sheet information related to finance leases consisted of the following (dollars in thousands):

Note 8 – Leases (Continued)

Finance Leases (Continued)

	March 31, 2023			December 30, 2022
Machinery and equipment	$	30		$	30
Computer equipment and software		18			18
Furniture and fixtures		475			475
Finance lease right-of-use assets, gross		523			523
Less accumulated depreciation		(220	)		(181	)
Finance lease right-of-use assets, net	$	303		$	342
Current finance lease obligations	$	171		$	169
Long-term finance lease obligations		167			210
Total finance lease liability	$	338		$	379
Weighted-average remaining lease term (in years)		2.0			2.2
Weighted-average discount rate		4.12	%		4.10	%

Supplemental Cash Flow Information Related to Finance Leases

Supplemental cash flow information related to finance leases consisted of the following (dollars in thousands):

	Three Months Ended
	March 31, 2023		April 1, 2022
Amortization of finance lease right-of-use asset	$	39	$	43
Interest on finance lease liabilities		4		3
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		4		3
Financing cash flows		42		18

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases consisted of the following (dollars in thousands):

	March 31, 2023			December 30, 2022
Machinery and equipment	$	807		$	789
Computer equipment and software		445			446
Real property		35,565			34,465
Operating lease right-of-use assets, gross		36,817			35,700
Less accumulated depreciation		(5,635	)		(5,430	)
Operating lease right-of-use assets, net	$	31,182		$	30,270
Current operating lease obligations	$	3,538		$	3,524
Long-term operating lease obligations		28,030			27,136
Total operating lease liability	$	31,568		$	30,660
Weighted-average remaining lease term (in years)		7.4			7.5
Weighted-average discount rate		4.49	%		3.87	%

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases was as follows (dollars in thousands):

	Three Months Ended
	March 31, 2023		April 1, 2022
Operating lease cost	$	1,107	$	1,138
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		1,173		932
Right-of-use assets obtained in exchange for new operating lease liabilities		1,909		675

Schedule of Estimated Future Maturities of Lease Liabilities under Operating and Finance Leases Having Initial or Remaining Non-Cancelable Lease Terms More Than One Year

Estimated future maturities of lease liabilities under operating and finance leases having initial or remaining non-cancelable lease terms more than one year as of March 31, 2023 is as follows (in thousands):

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As of March 31, 2023 12 Months Ended	Operating Leases			Finance Leases
March 2024	$	5,488		$	182
March 2025		5,655			170
March 2026		4,322			—
March 2027		4,364			—
March 2028		4,416			—
Thereafter		13,877			—
Total future minimum lease payments	$	38,122		$	352
Less amounts representing interest		(6,554	)		(14	)
Total lease liability	$	31,568		$	338