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Leases (Tables)
6 Months Ended
Jul. 03, 2026
Leases [Abstract]  
Lease, Cost

The components of lease expense included in other operating expenses on the condensed consolidated statements of income were as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands)

 

July 3,
2026

 

 

July 4,
2025

 

 

July 3,
2026

 

 

July 4,
2025

 

Operating lease cost

 

$

3,256

 

 

$

2,896

 

 

$

6,451

 

 

$

6,108

 

Variable lease cost

 

 

407

 

 

 

414

 

 

 

1,036

 

 

 

717

 

Short-term lease cost

 

 

281

 

 

 

381

 

 

 

547

 

 

 

737

 

 

Supplemental Cash Flow Information Related to Operating Lease

Supplemental cash flow information related to operating leases was as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands)

 

July 3,
2026

 

 

July 4,
2025

 

 

July 3,
2026

 

 

July 4,
2025

 

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

 

$

2,122

 

 

$

1,678

 

 

$

5,231

 

 

$

4,280

 

 

Supplemental Balance Sheet Information Related to Operating Lease

Supplemental balance sheet information related to operating leases was as follows:

 

 

 

July 3,
2026

 

July 4,
2025

Weighted Average Remaining Lease Term

 

12.9 years

 

13.5 years

Weighted Average Discount Rate

 

6.3%

 

6.3%

 

Maturities of Lease Liabilities

Maturities of operating lease liabilities as of July 3, 2026:

 

 

 

Operating

 

(In thousands)

 

Leases

 

2026 (excluding the six months ended July 3, 2026)

 

$

4,177

 

2027

 

 

8,381

 

2028

 

 

11,107

 

2029

 

 

9,668

 

2030

 

 

9,097

 

Thereafter

 

 

80,132

 

Total lease payments

 

 

122,562

 

Less imputed interest

 

 

41,841

 

Total lease liability

 

$

80,721