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OBLIGATIONS (Tables)
12 Months Ended
Dec. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Obligations

 

 

 

December 30,

2018

 

 

December 31,

2017

 

 

 

(in thousands)

 

Debt and capital software lease obligations:

 

 

 

 

 

 

 

 

Revolving line of credit

 

$

15,000

 

 

$

6,000

 

Capital software leases

 

 

424

 

 

 

654

 

 

 

 

15,424

 

 

 

6,654

 

Current portion of debt and capital software lease obligations

 

 

(15,316

)

 

 

(6,299

)

Long term portion of debt and capital software lease obligations

 

$

108

 

 

$

355

 

 

Summary of Capital Lease Liabilities

Following table summarizes the capital lease liabilities as of December 30, 2018 and December 31, 2017:

 

 

 

2018

 

 

2017

 

 

 

(In thousands)

 

Three-year design software lease dated July 2018 at an interest of 7.64%

 

$

115

 

 

$

 

Three-year design software lease dated December 2017 at an interest of

   6.48%

 

 

49

 

 

 

146

 

Two-year design software lease dated December 2017 at an interest of 6.30%

 

 

131

 

 

 

256

 

Three-year design software lease dated May 2017 at an interest of 5.48%

 

 

87

 

 

 

170

 

Three-year design software lease dated February 2017  at an interest of

   5.57%

 

 

42

 

 

 

82

 

 

 

$

424

 

 

$

654

 

Less: current portion

 

 

316

 

 

 

299

 

 

 

$

108

 

 

$

355

 

Schedule of Future Minimum Lease Commitments under the Company's Capital Leases

Future minimum lease commitments under the Company’s capital leases are as follows:

 

 

Capital leases

 

 

 

(in thousands)

 

Fiscal Years

 

 

 

 

2019

 

$

316

 

2020

 

 

108

 

 

 

$

424