Lease Commitments (Tables)

3 Months Ended

Mar. 30, 2019

Leases [Abstract]

Supplemental balance sheet information related to leases

The following table presents the classification of ROU assets and lease liabilities as of March 30, 2019:

Leases (in thousands)	Condensed Consolidated Balance Sheet Classification	March 30, 2019
Assets
Operating ROU assets	Right of use lease assets, net	$	24,725
Liabilities
Current operating lease liabilities	Accrued liabilities	$	7,447
Non-current operating lease liabilities	Non-current operating lease liabilities	19,950
Total lease liabilities		$	27,397

Components of lease expense and supplemental cash flow information

Other Information (in thousands)	Three Months Ended March 30, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flow payments for operating leases	$	(2,253	)
Leased assets obtained in exchange for operating lease liabilities	859

The following table represents the lease costs for the three months ended March 30, 2019:

Leases cost (in thousands)	Condensed Consolidated Statements of Net Income Classification	March 30, 2019
Short-term lease expenses	Cost of sales, SG&A expenses	$	153
Variable lease expenses	Cost of sales, SG&A expenses	194
Operating lease rent expenses	Cost of sales, SG&A expenses	2,193
Total operating lease costs	Cost of sales, SG&A expenses	$	2,540

Maturities of lease liabilities

Maturity of Lease Liabilities as of March 30, 2019 (in thousands)	Operating leases
2019 (excluding the three months ended March 30, 2019)	$	6,574
2020	7,551
2021	5,779
2022	4,665
2023	3,062
2024 and thereafter	3,064
Total lease payments	$	30,695
Present value of lease Liabilities	$	27,397

Operating lease term and discount rate

Operating Lease Term and Discount Rate	March 30, 2019
Weighted-average remaining lease term (years)	4.40
Weighted-average discount rate	5.17	%