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Leases (Tables)
3 Months Ended
Mar. 28, 2025
Leases [Abstract]  
Supplemental Balance Sheet Information Related to Operating Leases Supplemental balance sheet information related to operating leases consisted of the following (dollars in thousands):

 

 

March 28, 2025

 

 

December 27, 2024

 

Machinery and equipment

 

$

865

 

 

$

758

 

Computer equipment and software

 

 

446

 

 

 

446

 

Real property

 

 

42,288

 

 

 

47,648

 

Operating lease right-of-use assets, gross

 

 

43,599

 

 

 

48,852

 

Less accumulated depreciation

 

 

(12,552

)

 

 

(12,002

)

Operating lease right-of-use assets, net

 

$

31,047

 

 

$

36,850

 

 

 

 

 

 

 

 

Current operating lease obligations

 

$

3,560

 

 

$

3,894

 

Long-term operating lease obligations

 

 

33,118

 

 

 

34,807

 

Total operating lease liability

 

$

36,678

 

 

$

38,701

 

Weighted-average remaining lease term (in years)

 

 

7.1

 

 

 

7.1

 

Weighted-average discount rate

 

 

5.94

%

 

 

5.98

%

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 28, 2025

 

 

March 29, 2024

 

Operating lease cost

 

$

2,149

 

 

$

2,223

 

Cash paid for amounts included in the measurement of operating lease liabilities:

 

 

 

 

 

 

Operating cash flows

 

 

1,652

 

 

 

1,384

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

304

 

 

 

1,495

 

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 leases having initial or remaining non-cancelable lease terms more than one year as of March 28, 2025 is as follows (in thousands):

.

As of March 28, 2025
12 Months Ended

 

Operating Leases

 

March 2026

 

$

6,262

 

March 2027

 

 

4,508

 

March 2028

 

 

6,825

 

March 2029

 

 

6,747

 

March 2030

 

 

6,625

 

Thereafter

 

 

17,275

 

Total future minimum lease payments

 

$

48,242

 

Less amounts representing interest

 

 

(11,564

)

Total lease liability

 

$

36,678