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Lease Commitments (Tables) | 12 Months Ended
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Dec. 28, 2024
Leases [Abstract] |
Supplemental balance sheet information related to leases | The following table presents the classification of right of use assets and lease liabilities as of December 28, 2024 and December 30, 2023:
|  |  | Fiscal Year Ended
(in thousands) | Consolidated Balance Sheet Classification |  | December 28, 2024 |  | December 30, 2023
Operating Leases |  |  |  |  |
Right of use assets - operating lease | Right of use lease assets |  | $ | 71,513 |  |  | $ | 60,991 |
Current operating lease liabilities | Accrued liabilities |  | 13,626 |  |  | 11,676 |
Non-current operating lease liabilities | Non-current lease liabilities |  | 60,558 |  |  | 49,180 |
Total operating lease liabilities |  |  | $ | 74,184 |  |  | $ | 60,856 |
Finance Leases |  |  |  |  |
Right of use assets - finance lease | Right of use lease assets |  | $ | 698 |  |  | $ | 1,379 |
Current finance lease liabilities | Accrued liabilities |  | 274 |  |  | 434 |
Non-current finance lease liabilities | Non-current lease liabilities |  | 1 |  |  | 292 |
Total finance lease liabilities |  |  | $ | 275 |  |  | $ | 726 |
Components of lease expense and supplemental cash flow information | The following table represents the lease costs for 2024, 2023, and 2022:
|  |  | Fiscal Year Ended
(in thousands) | Consolidated Statements of Net Income Classification |  | December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
Operating lease expenses | Cost of sales, Selling, general, and administrative expenses |  | $ | 17,310 |  |  | $ | 15,817 |  |  | $ | 14,071 |
Finance lease: |  |  |  |  |  |  |
Finance lease expenses | Cost of sales |  | 96 |  |  | 219 |  |  | 112 |
Interest on lease liabilities | Other (income) expense, net |  | 8 |  |  | 19 |  |  | 13 |
Short-term lease expenses | Cost of sales, Selling, general, and administrative expenses |  | 1,170 |  |  | 1,229 |  |  | 1,130 |
Variable lease expenses | Cost of sales, Selling, general, and administrative expenses |  | 1,151 |  |  | 1,034 |  |  | 1,091 |
Total lease costs | Cost of sales, Selling, general, and administrative expenses |  | $ | 19,735 |  |  | $ | 18,318 |  |  | $ | 16,417 |
| Fiscal Year Ended
| December 28, 2024 |  | December 30, 2023
Weighted-average remaining lease term (years) |  |  |
Operating leases | 8.67 |  | 8.38
Finance leases | 1.00 |  | 1.69
Weighted-average discount rate |  |  |
Operating leases | 5.39 | % |  | 5.39 | %
Finance leases | 2.00 | % |  | 1.90 | %
| Fiscal Year Ended
(in thousands) | December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |
Operating cash flow - payments on operating leases | $ | (13,258) |  |  | $ | (14,518) |  |  | $ | (12,298) |
Operating cash flow - interest payments on finance leases | (8) |  |  | (19) |  |  | (13) |
Financing cash flow - payments on finance lease obligations | (280) |  |  | (1,164) |  |  | (719) |
Leased assets obtained in exchange of new lease obligations, including leases acquired: |  |  |  |  |
Operating leases | $ | 26,785 |  |  | $ | 16,689 |  |  | $ | 37,760 |
Finance leases | — |  |  | — |  |  | 2,502 |
Maturities of operating lease liabilities |
Maturity of lease liabilities as of December 28, 2024 (in thousands) | Operating Leases |  | Finance Leases
2025 | $ | 17,270 |  |  | $ | 277 |
2026 | 11,053 |  |  | 1 |
2027 | 10,523 |  |  | — |
2028 | 9,909 |  |  | — |
2029 | 8,378 |  |  | — |
2030 and thereafter | 36,337 |  |  | — |
Total lease payments | $ | 93,470 |  |  | $ | 278 |
Less: Imputed interest | (19,286) |  |  | (3) |
Present value of lease liabilities | $ | 74,184 |  |  | $ | 275 |
Maturities of finance lease liabilities |
Maturity of lease liabilities as of December 28, 2024 (in thousands) | Operating Leases |  | Finance Leases
2025 | $ | 17,270 |  |  | $ | 277 |
2026 | 11,053 |  |  | 1 |
2027 | 10,523 |  |  | — |
2028 | 9,909 |  |  | — |
2029 | 8,378 |  |  | — |
2030 and thereafter | 36,337 |  |  | — |
Total lease payments | $ | 93,470 |  |  | $ | 278 |
Less: Imputed interest | (19,286) |  |  | (3) |
Present value of lease liabilities | $ | 74,184 |  |  | $ | 275 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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