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Leases (Tables)

6 Months Ended

Jul. 03, 2020

Supplemental Balance Sheet Information Related to Finance Leases

Supplemental balance sheet information related to finance leases consisted of the following (dollars in thousands):

	July 3, 2020			January 3, 2020
Machinery and equipment	$	568		$	1,885
Computer equipment and software		860			912
Furniture and fixtures		—			102
Leasehold improvements		—			27
Finance lease right-of-use assets, gross		1,428			2,926
Less accumulated depreciation		741			1,059
Finance lease right-of-use assets, net	$	687		$	1,867

Total finance lease liability	$	601		$	926
Weighted-average remaining lease term (in years)		2.0			1.1
Weighted-average discount rate		5.40	%		6.17	%

Supplemental Cash Flow Information Related to Finance Leases

Supplemental cash flow information related to finance leases consisted of the following (dollars in thousands):

	Three Months Ended				Six Months Ended
	July 3, 2020		June 28, 2019		July 3, 2020		June 28, 2019
Amortization of finance lease right-of-use asset	$	50	$	145	$	167	$	306
Interest on finance lease liabilities		8		22		18		41
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		8		22		18		41
Financing cash flows		110		316		346		681
Right-of-use assets obtained in exchange for new finance lease liabilities		22		37		22		679

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases consisted of the following (dollars in thousands):

	July 3, 2020			January 3, 2020
Machinery and equipment	$	837		$	765
Computer equipment and software		462			462
Real property		11,247			11,116
Operating lease right-of-use assets, gross		12,546			12,343
Less accumulated depreciation		6,959			5,659
Operating lease right-of-use assets, net	$	5,587		$	6,684

Total operating lease liability	$	5,675		$	6,786
Weighted-average remaining lease term (in years)		2.2			2.3
Weighted-average discount rate		1.75	%		1.82	%

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases was as follows (dollars in thousands):

	Three Months Ended				Six Months Ended
	July 3, 2020		June 28, 2019		July 3, 2020		June 28, 2019
Operating lease cost	$	746	$	683	$	1,486	$	1,294
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		763		691		1,501		1,292
Right-of-use assets obtained in exchange for new operating lease liabilities		249		1,193		318		2,657

Schedule of Estimated Future Minimum Lease Payments under Operating and Finance Leases Having Initial or Remaining Non-Cancelable Lease Terms More Than One Year

Estimated future minimum lease payments under operating and finance leases having initial or remaining non-cancelable lease terms more than one year as of July 3, 2020 is as follows (in thousands):

As of July 3, 2020 12 Months Ended	Operating Leases		Finance Leases
June 2021	$	2,473	$	510
June 2022		1,394		84
June 2023		1,216		14
June 2024		665		11
June 2025		171		—
Thereafter		—		—
Total minimum lease payments, including interest	$	5,919	$	619
Less amounts representing interest		244		18
Total minimum lease payments	$	5,675	$	601