Leases (Tables)

3 Months Ended

Apr. 02, 2021

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 2, 2021			January 1, 2021
Machinery and equipment	$	36		$	570
Computer equipment and software		659			806
Finance lease right-of-use assets, gross		695			1,376
Less accumulated depreciation		(615	)		(780	)
Finance lease right-of-use assets, net	$	80		$	596
Total finance lease liability	$	152		$	398
Weighted-average remaining lease term (in years)		1.4			0.9
Weighted-average discount rate		2.62	%		3.46	%

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 2, 2021		April 3, 2020
Amortization of finance lease right-of-use asset	$	36	$	117
Interest on finance lease liabilities		4		10
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		4		10
Financing cash flows		235		236

Supplemental Balance Sheet Information Related to Operating Leases

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

	April 2, 2021			January 1, 2021
Machinery and equipment	$	879		$	860
Computer equipment and software		168			462
Real property		13,460			12,956
Operating lease right-of-use assets, gross		14,507			14,278
Less accumulated depreciation		(5,841	)		(5,514	)
Operating lease right-of-use assets, net	$	8,666		$	8,764
Total operating lease liability	$	8,689		$	9,022
Weighted-average remaining lease term (in years)		5.0			5.2
Weighted-average discount rate		2.73	%		2.61	%

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 2, 2021		April 3, 2020
Operating lease cost	$	783	$	740
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		785		738
Right-of-use assets obtained in exchange for new operating lease liabilities		651		69

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 2, 2021 is as follows (in thousands):

As of April 2, 2021 12 Months Ended	Operating Leases			Finance Leases
March 2022	$	2,573		$	127
March 2023		2,395			14
March 2024		1,681			14
March 2025		826			—
March 2026		455			—
Thereafter		1,184			—
Total minimum lease payments, including interest	$	9,114		$	155
Less amounts representing interest		(425	)		(3	)
Total minimum lease payments	$	8,689		$	152