Annual report [Section 13 and 15(d), not S-K Item 405]

Operating Leases (Tables)

v3.25.0.1
Operating Leases (Tables)
 12 Months Ended
Dec. 28, 2024
Leases, Operating [Abstract]  
Schedule of Classification of ROU Assets and Lease Liabilities
The following table summarizes the classification of ROU assets and lease liabilities in the Company’s consolidated balance sheet:
Leases Classification December 28,
2024		 December 30,
2023
Assets
ROU operating lease assets, net Other assets $ 21,177  $ 17,671 
Total ROU assets $ 21,177  $ 17,671 
Liabilities
Current:
Operating lease liabilities Other current liabilities $ 6,013  $ 7,278 
Noncurrent:
Operating lease liabilities Other long-term liabilities 10,191  5,141 
Total lease liabilities $ 16,204  $ 12,419 
Schedule of Supplemental Lease Information
The components of lease expense were as follows:
Year Ended
2024 2023 2022
Operating lease expense $ 8,305  $ 8,042  $ 8,606 
Total lease expense $ 8,305  $ 8,042  $ 8,606 
These leases generally provide that property taxes, insurance, and maintenance expenses are the responsibility of the Company. Such expenses are not included in the operating lease amounts outlined in the table above or in the rent expense amounts that follow. The total rent expense was approximately $8,191, $8,755, and $8,258 for the years ended 2024, 2023, and 2022, respectively.
The following table presents supplemental lease information:
Year Ended
2024 2023 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases $ 8,065  $ 8,227  $ 7,924 
ROU assets obtained in exchange for new operating lease liabilities $ 12,463  $ 5,699  $ 5,641 
The following table presents weighted-average remaining lease term and weighted-average discount rate for the Company's operating leases:
Year Ended
2024 2023
Weighted-average remaining lease term—operating leases
3.55 yrs.
1.99 yrs.
Weighted-average discount rate—operating leases 5.32  % 3.97  %
Schedule of Maturity of Lease Liabilities
The following table presents the maturity of the Company’s lease liabilities as of December 28, 2024:
Year ending
2025 $ 6,742 
2026 4,155 
2027 2,827 
2028 2,172 
2029 1,902 
2030 and thereafter 26 
17,824 
Less: imputed interest (1,620)
Present value $ 16,204