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Leases (Tables)
12 Months Ended
Dec. 29, 2025
Leases [Abstract]  
Components of Lease Expense

The components of lease expense were as follows:

 

 

 

For the Year Ended

 

 

 

December 29, 2025

 

 

December 30, 2024

 

 

January 1, 2024

 

 

 

(In thousands)

 

Operating lease cost

 

$

15,218

 

 

$

14,933

 

 

$

9,527

 

Variable lease cost

 

 

1,290

 

 

 

1,055

 

 

 

930

 

Short-term lease cost

 

 

677

 

 

 

409

 

 

 

311

 

Finance lease costs:

 

 

 

 

 

 

 

 

 

Amortization of right-of-use assets

 

 

1,652

 

 

 

1,372

 

 

 

1,374

 

Interest on lease liabilities

 

 

554

 

 

 

354

 

 

 

373

 

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

 

 

 

For the Year Ended

 

 

 

December 29, 2025

 

 

December 30, 2024

 

 

January 1, 2024

 

 

 

(In thousands)

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

Operating cash flows for operating leases

 

$

14,469

 

 

$

13,926

 

 

$

9,039

 

Right-of-use assets obtained in exchange for new lease obligations:

 

 

 

 

 

 

 

 

 

Operating leases

 

$

12,700

 

 

$

2,796

 

 

$

77,041

 

Finance leases

 

 

4,682

 

 

 

 

 

 

 

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

 

 

 

 

 

As of

 

 

 

Balance Sheet Location

 

December 29, 2025

 

 

December 30, 2024

 

 

 

 

 

(In thousands)

 

Assets:

 

 

 

 

 

 

 

 

Operating leases

 

Operating lease right-of-use assets

 

$

80,914

 

 

$

78,252

 

Finance leases

 

Property, plant, and equipment, net

 

 

13,652

 

 

 

10,621

 

Total lease assets

 

 

 

$

94,566

 

 

$

88,873

 

Liabilities:

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

Operating leases

 

Other current liabilities

 

$

8,909

 

 

$

7,556

 

Finance leases

 

Other current liabilities

 

 

1,117

 

 

 

814

 

Long-term:

 

 

 

 

 

 

 

 

Operating leases

 

Operating lease liabilities

 

 

87,524

 

 

 

77,509

 

Finance leases

 

Other long-term liabilities

 

 

15,829

 

 

 

11,985

 

Total lease liabilities

 

 

 

$

113,379

 

 

$

97,864

 

 

 

 

As of

 

 

December 29, 2025

 

December 30, 2024

Weighted average remaining lease term (years):

 

 

 

 

 

 

 

 

Operating leases

 

11.3

 

 

 

12.5

 

 

Finance leases

 

11.6

 

 

 

11.6

 

 

Weighted average discount rate:

 

 

 

 

 

 

 

 

Operating leases

 

 

6.22

 

%

 

 

6.24

 

%

Finance leases

 

 

3.70

 

 

 

 

2.69

 

 

 

Maturities of Lease Liabilities

Maturities of lease liabilities for the next five years and thereafter are as follows:

 

 

 

Operating Leases

 

 

Finance Leases

 

 

 

(In thousands)

 

2026

 

$

14,537

 

 

$

1,698

 

2027

 

 

12,432

 

 

 

1,717

 

2028

 

 

11,338

 

 

 

1,733

 

2029

 

 

10,389

 

 

 

1,750

 

2030

 

 

10,413

 

 

 

1,780

 

Thereafter

 

 

79,270

 

 

 

12,395

 

Total lease payments

 

 

138,379

 

 

 

21,073

 

Less: Imputed interest

 

 

(41,946

)

 

 

(4,127

)

Total

 

$

96,433

 

 

$

16,946