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Leases (Tables)
 12 Months Ended
Dec. 29, 2024
Leases [Abstract]  
Balance Sheet Information, Lessee
The table below represents a summary of the balances recorded in the consolidated balance sheets related to the Company’s leases as of December 29, 2024 and December 31, 2023:

December 29, 2024December 31, 2023
Balance Sheet LocationOperating LeasesFinance LeasesOperating LeasesFinance Leases
(in thousands)
Operating lease right-of-use assets$76,815 $87,519 
 
Current portion of operating lease liabilities$12,296 $12,347 
Operating lease liabilities68,092 78,269 
Total operating lease liabilities$80,388 $90,616 
 
Property, plant and equipment, net$8,079 $7,236 
 
Accrued expenses$2,657 $2,587 
Other long-term liabilities5,797 5,035 
Total finance lease liabilities$8,454 $7,622 
Schedule of Lease Costs
Lease Costs

Fiscal Year
202420232022
(in thousands)
Finance lease cost:
Amortization of right-of-use assets$3,079 $2,808 $2,238 
Interest on lease liabilities457 319 164 
Operating lease cost19,495 18,850 18,916 
Short-term lease cost827 1,143 849 
Variable lease cost2,824 2,509 2,692 
Total lease cost$26,682 $25,629 $24,859 
Other Supplemental Information, Lessee
Other Supplemental Information

Fiscal Year
202420232022
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases$431 $237 $128 
Operating cash flows from operating leases17,246 15,552 18,080 
Financing cash flows from finance leases2,913 2,419 2,089 
Right-of-use assets obtained in exchange for new finance lease liabilities3,993 3,612 3,436 
Right-of-use assets obtained in exchange for new operating lease liabilities4,598 15,561 9,307 
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 December 29, 2024 and December 31, 2023:

End of Fiscal Year
 20242023
Weighted-average remaining lease term – finance leases (in years)3.613.70
Weighted-average remaining lease term – operating leases (in years)7.688.29
Weighted-average discount rate – finance leases6.44 %5.51 %
Weighted-average discount rate – operating leases6.39 %6.25 %
Lease Liability Maturity Schedule
A maturity analysis of lease payments under non-cancellable leases is presented as follows:

Fiscal YearOperating LeasesFinance Leases
(in thousands)
2025$16,724 $3,096 
202616,746 2,597 
202713,863 2,018 
202811,077 1,151 
20299,506 504 
Thereafter34,706 146 
Total future minimum lease payments (undiscounted)102,622 9,512 
Less: Present value discount(22,234)(1,058)
Total lease liabilities
$80,388 $8,454 
Lease Liability Maturity Schedule
A maturity analysis of lease payments under non-cancellable leases is presented as follows:

Fiscal YearOperating LeasesFinance Leases
(in thousands)
2025$16,724 $3,096 
202616,746 2,597 
202713,863 2,018 
202811,077 1,151 
20299,506 504 
Thereafter34,706 146 
Total future minimum lease payments (undiscounted)102,622 9,512 
Less: Present value discount(22,234)(1,058)
Total lease liabilities
$80,388 $8,454