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Lease Commitments (Tables)
12 Months Ended
Dec. 28, 2019
Leases [Abstract]  
Supplemental balance sheet information related to leases
The following table presents the classification of ROU assets and lease liabilities as of December 28, 2019:
Leases
(in thousands)
Consolidated Balance Sheet Classification
December 28, 2019
Assets
 
 
Operating ROU assets
Right of use lease assets, net
$
21,918

Liabilities
 
 
Current operating lease liabilities
Accrued liabilities
$
7,259

Non-current operating lease liabilities
Non-current operating lease liabilities
17,166

Total lease liabilities
 
$
24,425


Components of lease expense and supplemental cash flow information
Other Information
(in thousands)
Fiscal Year Ended December 28, 2019
Cash paid for amounts included in the measurement of lease liabilities
 
Operating cash flow payments for operating leases
$
(8,936
)
Leased assets obtained in exchange for operating lease liabilities
3,962


The following table represents the lease costs for 2019:
Leases cost
(in thousands)
Consolidated Statements of Net Income Classification
Fiscal Year Ended December 28, 2019
Short-term lease expenses
Cost of sales, SG&A expenses
$
562

Variable lease expenses
Cost of sales, SG&A expenses
916

Operating lease rent expenses
Cost of sales, SG&A expenses
8,664

Total operating lease costs
Cost of sales, SG&A expenses
$
10,142


Maturities of lease liabilities
Maturity of Lease Liabilities as of December 28, 2019
(in thousands)
Operating leases
2020
$8,207
2021
6,383

2022
5,297

2023
3,518

2024
3,165

2025 and thereafter
458

Total lease payments
$27,028
 
 
Present value of lease liabilities
24,425


Operating lease term and discount rate

Operating Lease Term and Discount Rate
Fiscal Year Ended December 28, 2019
Weighted-average remaining lease term (years)
4.05

Weighted-average discount rate
5.11
%

Schedule of future minimum rental payments for operating leases
Under ASC 840, future minimum payments for all non-cancellable operating leases with initial terms of one year or more at December 29, 2018 are as follows:
(in thousands)
Fiscal Year Ended
December 29, 2018
2019
9,133

2020
7,590

2021
5,574

2022
4,590

2023
2,946

2024 and thereafter
2,774

Total
$32,607