Lease Commitments (Tables)

9 Months Ended

Sep. 28, 2019

The following table presents the classification of ROU assets and lease liabilities as of September 28, 2019:



Leases (in thousands)	Condensed Consolidated Balance Sheet Classification	September 28, 2019
Assets
Operating ROU assets	Right of use lease assets, net	$	21,598
Liabilities
Current operating lease liabilities	Accrued liabilities	$	6,926
Non-current operating lease liabilities	Non-current operating lease liabilities	17,237
Total lease liabilities		$	24,163



Other Information (in thousands)	Nine Months Ended September 28, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flow payments for operating leases	$	(6,762	)
Leased assets obtained in exchange for operating lease liabilities	2,051

The following table represents the lease costs for the three and nine months ended ended September 28, 2019:



Leases cost (in thousands)	Condensed Consolidated Statements of Net Income Classification	Three Months Ended September 28, 2019		Nine Months Ended September 28, 2019
Short-term lease expenses	Cost of sales, SG&A expenses	$	86	$	387
Variable lease expenses	Cost of sales, SG&A expenses	239		621
Operating lease rent expenses	Cost of sales, SG&A expenses	2,131		6,539
Total operating lease costs	Cost of sales, SG&A expenses	$	2,456	$	7,547



Maturity of Lease Liabilities as of September 28, 2019 (in thousands)	Operating leases
2019 (excluding the nine months ended September 28, 2019)	$	2,155
2020	7,571
2021	5,878
2022	4,873
2023	3,252
2024 and thereafter	3,253
Total lease payments	$	26,982

Present value of lease liabilities	$	24,163



Operating Lease Term and Discount Rate	September 28, 2019
Weighted-average remaining lease term (years)	4.19
Weighted-average discount rate	5.18	%