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Leases (Tables)
12 Months Ended
Jan. 01, 2021
Leases [Abstract]  
Lease, Cost

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

 

 

 

Fiscal Year

 

 

Fiscal Year

 

(In thousands)

 

2020

 

 

2019

 

Operating lease cost

 

$

6,973

 

 

$

7,395

 

Variable lease cost

 

 

1,158

 

 

 

1,479

 

Short-term lease cost

 

 

573

 

 

 

405

 

Supplemental Cash Flow Information Related to Operating Lease

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

 

 

 

Fiscal Year

 

 

Fiscal Year

 

(In thousands)

 

2020

 

 

2019

 

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

 

$

6,968

 

 

$

7,522

 

Supplemental Balance Sheet Information Related to Operating Lease

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

 

 

 

Fiscal Year

 

 

Fiscal Year

 

 

 

2020

 

 

2019

 

Weighted Average Remaining Lease Term

 

4.5 years

 

 

5.2 years

 

Weighted Average Discount Rate

 

4.2%

 

 

4.4%

 

Maturities of Lease Liabilities

Maturities of operating lease liabilities as of January 1, 2021:

 

 

 

Operating

 

(In thousands)

 

Leases

 

2021

 

 

6,555

 

2022

 

 

5,340

 

2023

 

 

3,672

 

2024

 

 

2,252

 

2025

 

 

1,491

 

2026

 

 

1,507

 

2027

 

 

1,466

 

Total lease payments

 

$

22,283

 

Less imputed interest

 

 

(1,953

)

Total lease liability

 

$

20,330