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Note 9 - Leases | 12 Months Ended
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Dec. 30, 2023
Notes to Financial Statements |
Lessee, Operating Leases [Text Block] | Note 9 - Leases We have operating leases for corporate offices, sales offices, research and development facilities, storage facilities, and a data center, all of which are leased under operating leases that expire at various times through 2029. Our leases have remaining lease terms of less than 1 year to 5 years, some of which include options to extend for up to 5 years, and some of which include options to terminate within 1 year. The weighted-average remaining lease term was 3.3 years and the weighted-average discount rate was 5.8% as of December 30, 2023. We recorded fixed operating lease expense of $7.8 million, $7.6 million, and $7.9 million, respectively, for fiscal 2023, 2022, and 2021. The following table presents the lease balance classifications within the Consolidated Balance Sheets and summarizes their activity during fiscal 2023:
Operating lease right-of-use assets |  | (In thousands) |
Balance as of December 31, 2022 |  | $ | 17,590 |
Right-of-use assets obtained for new lease contracts during the period |  |  | 3,718 |
Amortization of right-of-use assets during the period |  |  | (6,764 | )
Adjustments for present value and foreign currency effects |  |  | (57 | )
Balance as of December 30, 2023 |  | $ | 14,487 |
Operating lease liabilities |  | (In thousands) |
Balance as of December 31, 2022 |  | $ | 20,072 |
Lease liabilities incurred for new lease contracts during the period |  |  | 3,718 |
Accretion of lease liabilities |  |  | 1,003 |
Operating cash used for payments on lease liabilities |  |  | (8,344 | )
Adjustments for present value and foreign currency effects |  |  | (139 | )
Balance as of December 30, 2023 |  |  | 16,310 |
Less: Current portion of operating lease liabilities (included in Accrued liabilities) |  |  | (5,571 | )
Long-term operating lease liabilities, net of current portion |  | $ | 10,739 |
Lease obligations for facilities restructured prior to the adoption of Topic 842 totaled approximately $4.5 million at December 30, 2023 and continued to be recorded in Other long-term liabilities on our Consolidated Balance Sheets. Maturities of operating lease liabilities as of December 30, 2023 are as follows:
Fiscal year |  | (In thousands) |
2024 |  | $ | 6,502 |
2025 |  |  | 5,049 |
2026 |  |  | 3,412 |
2027 |  |  | 1,750 |
2028 |  |  | 1,235 |
Thereafter |  |  | 201 |
Total lease payments |  |  | 18,149 |
Less: amount representing interest |  |  | (1,839 | )
Total lease liabilities |  | $ | 16,310 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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