Leases

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Leases

NOTE 2 – LEASES

For the three- and six-month periods ended June 30, 2023 and June 24, 2022, cash paid for amounts included in the measurement of operating lease liabilities was $85 and $168 and $81 and $161, respectively, and lease right-of-use assets obtained in exchange for new operating lease liabilities were $119 and $227 and $81 and $156, respectively. The weighted-average remaining lease term was four years as of both June 30, 2023 and December 31, 2022, and the weighted-average discount rate was 3.1% and 2.6%, respectively.

The following table summarizes the Partnership's operating lease cost, variable lease cost not included in the lease liability and total lease cost for the:

	Three Months Ended				Six Months Ended
	June 30, 2023		June 24, 2022		June 30, 2023		June 24, 2022
Operating lease cost	$	84	$	81	$	167	$	163
Variable lease cost		17		17		34		32
Total lease cost	$	101	$	98	$	201	$	195

The Partnership's future undiscounted cash outflows for operating leases are summarized below as of:

	June 30, 2023
2023	$	165
2024		294
2025		234
2026		177
2027		114
Thereafter		114
Total lease payments		1,098
Less: Interest		81
Total present value of lease liabilities	$	1,017

While the rights and obligations for leases that have not yet commenced are not significant, the Partnership regularly enters into new branch office leases.