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

OPERATING LEASES (Tables)

v3.26.1
OPERATING LEASES (Tables)
 12 Months Ended
Jan. 03, 2026
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 January 3,
2026		 December 28,
2024
Assets
ROU operating lease assets, net Other assets $ 22,954  $ 21,177 
Total ROU assets $ 22,954  $ 21,177 
Liabilities
Current:
Operating lease liabilities Other current liabilities $ 5,650  $ 6,013 
Noncurrent:
Operating lease liabilities Other long-term liabilities 12,306  10,191 
Total lease liabilities $ 17,956  $ 16,204 
Schedule of Supplemental Lease Information
The components of lease expense were as follows:
Year Ended
2025 2024 2023
Operating lease expense $ 7,975  $ 8,305  $ 8,042 
Total lease expense $ 7,975  $ 8,305  $ 8,042 
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 $8,323, $8,191, and $8,755 for the years ended 2025, 2024, and 2023, respectively.
The following table presents supplemental lease information:
Year Ended
2025 2024 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases $ 8,009  $ 8,065  $ 8,227 
ROU assets obtained in exchange for new operating lease liabilities $ 8,643  $ 12,463  $ 5,699 
The following table presents weighted-average remaining lease term and weighted-average discount rate for the Company's operating leases:
Year Ended
2025 2024
Weighted-average remaining lease term—operating leases
3.58 yrs.
3.55 yrs.
Weighted-average discount rate—operating leases 5.20  % 5.32  %
Schedule of Maturity of Lease Liabilities
The following table presents the maturity of the Company’s lease liabilities as of January 3, 2026:
Year ending
2026 $ 6,404 
2027 5,198 
2028 3,970 
2029 3,142 
2030 803 
2031 and thereafter 122 
19,639 
Less: imputed interest (1,683)
Present value $ 17,956