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Leases
 6 Months Ended
Jun. 27, 2020
Leases [Abstract]  
Leases Leases
The Company has operating and finance leases for leased office and manufacturing facilities and equipment leases. We have concluded that when an agreement grants us the right to substantially all of the economic benefits associated with an identified asset, and we are able to direct the use of that asset throughout the term of the agreement, we have a lease. We lease certain facilities and office equipment under finance leases, and we lease certain production facilities, office equipment and vehicles under operating leases. Some of our leases include options to extend or terminate the leases and these options have been included in the relevant lease term to the extent that they are reasonably certain to be exercised.
The weighted-average remaining term for the Company's operating and financing leases are approximately 7 years and 2 years, respectively. The weighted-average discount rates for the Company's operating and financing leases are approximately 3.3% and 5.3%, respectively.
The following is a summary of the Company's ROU assets and liabilities:
(In thousands)June 27, 2020December 31, 2019
Operating Leases:
Operating Right-of-Use Assets, Gross$29,784  $28,788  
Less Accumulated Right-of-Use Asset Impairment1,710  1,019  
Less Accumulated Amortization6,292  4,167  
Operating Right-of-Use Assets, Net$21,782  $23,602  
Short-term Operating Lease Liabilities$4,818  $4,517  
Long-term Operating Lease Liabilities19,749  21,039  
Operating Lease Liabilities$24,567  $25,556  
Finance Leases:
Finance Right-of-Use Assets, Gross$3,484  $3,484  
Less Accumulated Amortization1,529  1,020  
Finance Right-of-Use Assets, Net — Included in Other Assets$1,955  $2,464  
Short-term Finance Lease Liabilities — Included in Accrued Expenses and Other Current Liabilities
$2,001  $1,922  
Long-term Finance Lease Liabilities — Included in Other Liabilities
1,798  2,815  
Finance Lease Liabilities$3,799  $4,737  
The following is a summary of the Company's total lease costs:
Six Months EndedThree Months Ended
(In thousands)June 27, 2020June 29, 2019June 27, 2020June 29, 2019
Finance Lease Cost:
Amortization of Right-of-Use Assets$510  $510  $255  $255  
Interest on Lease Liabilities120  167  5781
Total Finance Lease Cost630  677  312  336  
Operating Lease Cost2,643  2,406  1,1951,201  
Right-of-Use Asset Impairment691  —  —  —  
Variable Lease Cost633  679  361309
Short-term Lease Cost (excluding month-to-month)114  85  4738
Less Sublease and Rental (Income) Expense(737) (517) (406) (305) 
Total Operating Lease Cost3,344  2,653  1,197  1,243  
Total Net Lease Cost$3,974  $3,330  $1,509  $1,579  

The following is a summary of the Company's maturity of lease liabilities:
(In thousands)Operating LeasesFinance Leases
2020$2,690  $1,073  
20215,579  2,181  
20225,427  743  
20234,060  —  
20242,995  —  
Thereafter6,293  —  
Total Lease Payments27,044  3,997  
Less: Interest2,477  198  
Total Lease Liability$24,567  $3,799  
Leases Leases
The Company has operating and finance leases for leased office and manufacturing facilities and equipment leases. We have concluded that when an agreement grants us the right to substantially all of the economic benefits associated with an identified asset, and we are able to direct the use of that asset throughout the term of the agreement, we have a lease. We lease certain facilities and office equipment under finance leases, and we lease certain production facilities, office equipment and vehicles under operating leases. Some of our leases include options to extend or terminate the leases and these options have been included in the relevant lease term to the extent that they are reasonably certain to be exercised.
The weighted-average remaining term for the Company's operating and financing leases are approximately 7 years and 2 years, respectively. The weighted-average discount rates for the Company's operating and financing leases are approximately 3.3% and 5.3%, respectively.
The following is a summary of the Company's ROU assets and liabilities:
(In thousands)June 27, 2020December 31, 2019
Operating Leases:
Operating Right-of-Use Assets, Gross$29,784  $28,788  
Less Accumulated Right-of-Use Asset Impairment1,710  1,019  
Less Accumulated Amortization6,292  4,167  
Operating Right-of-Use Assets, Net$21,782  $23,602  
Short-term Operating Lease Liabilities$4,818  $4,517  
Long-term Operating Lease Liabilities19,749  21,039  
Operating Lease Liabilities$24,567  $25,556  
Finance Leases:
Finance Right-of-Use Assets, Gross$3,484  $3,484  
Less Accumulated Amortization1,529  1,020  
Finance Right-of-Use Assets, Net — Included in Other Assets$1,955  $2,464  
Short-term Finance Lease Liabilities — Included in Accrued Expenses and Other Current Liabilities
$2,001  $1,922  
Long-term Finance Lease Liabilities — Included in Other Liabilities
1,798  2,815  
Finance Lease Liabilities$3,799  $4,737  
The following is a summary of the Company's total lease costs:
Six Months EndedThree Months Ended
(In thousands)June 27, 2020June 29, 2019June 27, 2020June 29, 2019
Finance Lease Cost:
Amortization of Right-of-Use Assets$510  $510  $255  $255  
Interest on Lease Liabilities120  167  5781
Total Finance Lease Cost630  677  312  336  
Operating Lease Cost2,643  2,406  1,1951,201  
Right-of-Use Asset Impairment691  —  —  —  
Variable Lease Cost633  679  361309
Short-term Lease Cost (excluding month-to-month)114  85  4738
Less Sublease and Rental (Income) Expense(737) (517) (406) (305) 
Total Operating Lease Cost3,344  2,653  1,197  1,243  
Total Net Lease Cost$3,974  $3,330  $1,509  $1,579  

The following is a summary of the Company's maturity of lease liabilities:
(In thousands)Operating LeasesFinance Leases
2020$2,690  $1,073  
20215,579  2,181  
20225,427  743  
20234,060  —  
20242,995  —  
Thereafter6,293  —  
Total Lease Payments27,044  3,997  
Less: Interest2,477  198  
Total Lease Liability$24,567  $3,799