Leases (Tables)

6 Months Ended

Jul. 01, 2022

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):

	July 1, 2022			December 31, 2021
Machinery and equipment	$	30		$	35
Computer equipment and software		17			506
Furniture and fixtures		475			475
Finance lease right-of-use assets, gross		522			1,016
Less accumulated depreciation		(102	)		(510	)
Finance lease right-of-use assets, net	$	420		$	506
Total finance lease liability	$	461		$	509
Weighted-average remaining lease term (in years)		2.7			3.2
Weighted-average discount rate		4.09	%		4.02	%

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				Six Months Ended
	July 1, 2022		July 2, 2021		July 1, 2022		July 2, 2021
Amortization of finance lease right-of-use asset	$	39	$	20	$	82	$	56
Interest on finance lease liabilities		5		1		8		5
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		5		1		8		5
Financing cash flows		27		43		45		278

Supplemental Balance Sheet Information Related to Operating Leases

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

	July 1, 2022			December 31, 2021
Machinery and equipment	$	782		$	760
Computer equipment and software		446			472
Real property		34,108			34,426
Operating lease right-of-use assets, gross		35,336			35,658
Less accumulated depreciation		(4,973	)		(4,348	)
Operating lease right-of-use assets, net	$	30,363		$	31,310
Total operating lease liability	$	30,588		$	31,552
Weighted-average remaining lease term (in years)		7.4			7.8
Weighted-average discount rate		3.66	%		3.56	%

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				Six Months Ended
	July 1, 2022		July 2, 2021		July 1, 2022		July 2, 2021
Operating lease cost	$	1,166	$	857	$	2,304	$	1,640
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		1,034		801		1,966		1,586
Right-of-use assets obtained in exchange for new operating lease liabilities		2,081		3,356		2,756		4,007

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

Maturities of lease liabilities under operating and finance leases having initial or remaining non-cancelable lease terms more than one year as of July 1, 2022 is as follows (in thousands):

As of July 1, 2022 12 Months Ended	Operating Leases			Finance Leases
June 2023	$	5,340		$	181
June 2024		5,392			179
June 2025		4,624			128
June 2026		3,700			—
June 2027		3,655			—
Thereafter		12,613			—
Total future minimum lease payments	$	35,324		$	488
Less amounts representing interest		(4,736	)		(27	)
Present value of future minimum lease payments	$	30,588		$	461
Current lease obligations		(3,708	)		(166	)
Long-term lease obligations	$	26,880		$	295