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Leases (Tables)
 12 Months Ended
Jan. 02, 2022
Leases [Abstract]  
Balance Sheet Information, Lessee
The table below represents a summary of the balances recorded in the consolidated balance sheets related to our leases as of January 2, 2022 and January 3, 2021:

January 2, 2022January 3, 2021
Balance Sheet LocationOperating LeasesFinance LeasesOperating LeasesFinance Leases
(in thousands)
Operating lease right-of-use assets$90,561 $98,013 
 
Current portion of operating lease liabilities$14,588 $13,555 
Operating lease liabilities77,905 86,468 
Total operating lease liabilities$92,493 $100,023 
 
Property, plant and equipment, net$6,547 $6,138 
 
Accrued expenses$1,837 $1,496 
Other long-term liabilities3,201 2,688 
Total finance lease liabilities$5,038 $4,184 
Schedule of Lease Cost
Lease Costs

Fiscal Year
202120202019
(in thousands)
Finance lease cost:
Amortization of right-of-use assets$2,653 $1,251 $890 
Interest on lease liabilities140 86 51 
Operating lease cost21,581 25,213 24,246 
Short-term lease cost977 525 2,057 
Variable lease cost2,831 3,970 3,665 
Total lease cost$28,182 $31,045 $30,909 
Other Supplemental Information, Lessee
Other Supplemental Information

Fiscal Year
202120202019
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases$108 $86 $51 
Operating cash flows from operating leases22,210 22,206 22,597 
Financing cash flows from finance leases2,282 1,727 1,255 
Right-of-use assets obtained in exchange for new finance lease liabilities3,259 2,546 2,240 
Right-of-use assets obtained in exchange for new operating lease liabilities13,330 2,504 12,655 
Weighted Average Lease Term And Discount Rate, Lessee
The table below presents the weighted average remaining lease terms and discount rates for finance and operating leases as of January 2, 2022 and January 3, 2021:

End of Fiscal Year
 20212020
Weighted-average remaining lease term – finance leases (in years)3.203.35
Weighted-average remaining lease term – operating leases (in years)9.9710.61
Weighted-average discount rate – finance leases2.82 %2.64 %
Weighted-average discount rate – operating leases5.87 %5.98 %
Lease Liability Maturity Schedule
A maturity analysis of lease payments under non-cancellable leases is presented as follows:

Fiscal YearOperating LeasesFinance Leases
(in thousands)
2022$17,883 $1,919 
202313,734 1,541 
202412,189 1,161 
202510,455 466 
202610,655 150 
Thereafter60,618 49 
Total future minimum lease payments (undiscounted)125,534 5,286 
Less: Present value discount(33,041)(248)
Total lease liability$92,493 $5,038 
Lease Liability Maturity Schedule
A maturity analysis of lease payments under non-cancellable leases is presented as follows:

Fiscal YearOperating LeasesFinance Leases
(in thousands)
2022$17,883 $1,919 
202313,734 1,541 
202412,189 1,161 
202510,455 466 
202610,655 150 
Thereafter60,618 49 
Total future minimum lease payments (undiscounted)125,534 5,286 
Less: Present value discount(33,041)(248)
Total lease liability$92,493 $5,038