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Leases | 3 Months Ended
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Apr. 01, 2022
Leases [Abstract] |
Leases | LEASES We determine whether an arrangement contains a lease at inception. We have operating leases for office space, apartments, vehicles, and machinery and equipment. Our operating leases have lease terms of less than one year to ten years. We do not separate lease components from non-lease components (e.g., common area maintenance, property taxes and insurance) but account for both components in a contract as a single lease component. The components of lease expense are as follows:
|  | Three Months Ended |  |
(In thousands) |  | April 1, 2022 |  | April 2, 2021 |  |  |  |
Operating lease expense |  | $ | 3,673 |  |  | $ | 1,825 |  |  |  |  |
Variable lease expense |  | 130 |  |  | 203 |  |  |  |  |
Short-term lease expense |  | 13,669 |  |  | 13,448 |  |  |  |  |
Total lease expense |  | $ | 17,472 |  |  | $ | 15,476 |  |  |  |  |
Supplemental balance sheet information related to our operating leases is as follows:
(In thousands) |  | April 1, 2022 |  | December 31, 2021
Right-of-use assets |  | $ | 42,074 |  |  | $ | 43,651 |
Current lease liabilities (recorded in Other accrued liabilities) |  | $ | 11,979 |  |  | $ | 11,983 |
Long-term lease liabilities (recorded in Operating lease liability) |  | 33,167 |  |  | 34,536 |
Total operating lease liabilities |  | $ | 45,146 |  |  | $ | 46,519 |
Additional right-of-use assets of $1.9 million were recognized as non-cash asset additions that resulted from new operating lease liabilities during the first three months of 2022. The weighted average remaining lease term and discount rate for our operating leases at April 1, 2022 was 5.2 years and 3.7%, respectively. Maturities of lease liabilities at April 1, 2022 were as follows:
(In thousands) |  | Payments due
2022 (remainder of the year) |  | $ | 9,842 |
2023 |  | 13,121 |
2024 |  | 8,607 |
2025 |  | 4,565 |
2026 |  | 3,889 |
After 2026 |  | 10,480 |
Total minimum lease payments |  | 50,504 |
Less: Imputed interest |  | (5,358) |
Total operating lease liabilities |  | $ | 45,146 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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