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Leases (Tables)
3 Months Ended
Apr. 04, 2025
Leases [Abstract]  
Lease, Cost

The components of lease expense included in other operating expenses on the condensed consolidated statements of income were as follows:

 

 

Three Months Ended

 

(In thousands)

 

April 4,
2025

 

 

March 29,
2024

 

Operating lease cost

 

$

3,212

 

 

$

2,115

 

Variable lease cost

 

 

303

 

 

 

363

 

Short-term lease cost

 

 

356

 

 

 

307

 

Supplemental Cash Flow Information Related to Operating Lease

Supplemental cash flow information related to operating leases was as follows:

 

 

Three Months Ended

 

(In thousands)

 

April 4,
2025

 

 

March 29,
2024

 

Cash paid for amounts included in the measurement of operating
   lease liabilities

 

$

2,602

 

 

$

2,524

 

Supplemental Balance Sheet Information Related to Operating Lease

Supplemental balance sheet information related to operating leases was as follows:

 

April 4,
2025

 

 

March 29, 2024

 

Weighted Average Remaining Lease Term

13.6 years

 

 

5.9 years

 

Weighted Average Discount Rate

6.3%

 

 

5.2%

 

Maturities of Lease Liabilities

Maturities of operating lease liabilities as of April 4, 2025:

(In thousands)

 

Operating Leases

 

2025 (excluding the three months ended April 4, 2025)

 

$

5,190

 

2026

 

 

7,965

 

2027

 

 

6,633

 

2028

 

 

9,666

 

2029

 

 

9,390

 

Thereafter

 

 

89,052

 

Total lease payments

 

$

127,896

 

Less imputed interest

 

 

47,775

 

Total lease liability

 

$

80,121