Leases (Tables)

3 Months Ended

Apr. 03, 2020

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):

	April 3, 2020			January 3, 2020
Machinery and equipment	$	568		$	1,885
Computer equipment and software		883			912
Furniture and fixtures		—			102
Leasehold improvements		—			27
Finance lease right-of-use assets, gross		1,451			2,926
Less accumulated depreciation		734			1,059
Finance lease right-of-use assets, net	$	717		$	1,867
Total finance lease liability	$	689		$	926
Weighted-average remaining lease term (in years)		1.0			1.1
Weighted-average discount rate		6.02	%		6.17	%

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
	April 3, 2020		March 29, 2019
Amortization of finance lease right-of-use asset	$	117	$	161
Interest on finance lease liabilities		10		19
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		10		19
Financing cash flows		236		365
Right-of-use assets obtained in exchange for new finance lease liabilities		—		642

Supplemental Balance Sheet Information Related to Operating Leases

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

	April 3, 2020			January 3, 2020
Machinery and equipment	$	781		$	765
Computer equipment and software		462			462
Real property		11,089			11,116
Operating lease right-of-use assets, gross		12,332			12,343
Less accumulated depreciation		6,294			5,659
Operating lease right-of-use assets, net	$	6,038		$	6,684
Total operating lease liability	$	6,143		$	6,786
Weighted-average remaining lease term (in years)		2.1			2.3
Weighted-average discount rate		1.63	%		1.82	%

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
	April 3, 2020		March 29, 2019
Operating lease cost	$	740	$	611
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		738		601
Right-of-use assets obtained in exchange for new operating lease liabilities		69		1,464

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

Estimated future minimum lease payments under operating and finance leases having initial or remaining non-cancelable lease terms more than one year as of April 3, 2020 is as follows (in thousands):

As of April 3, 2020 12 Months Ended	Operating Leases		Finance Leases
March 2021	$	2,660	$	580
March 2022		1,480		119
March 2023		1,219		8
March 2024		792		8
March 2025		236		—
Thereafter		29		—
Total minimum lease payments, including interest	$	6,416	$	715
Less amounts representing interest		273		26
Total minimum lease payments	$	6,143	$	689