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Leases (Tables)

6 Months Ended

Jul. 02, 2021

Supplemental Balance Sheet Information Related to Finance Leases

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

	July 2, 2021			January 1, 2021
Machinery and equipment	$	36		$	570
Computer equipment and software		581			806
Finance lease right-of-use assets, gross		617			1,376
Less accumulated depreciation		(558	)		(780	)
Finance lease right-of-use assets, net	$	59		$	596

Total finance lease liability	$	110		$	398
Weighted-average remaining lease term (in years)		1.3			0.9
Weighted-average discount rate		2.08	%		3.46	%

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 2, 2021		July 3, 2020		July 2, 2021		July 3, 2020
Amortization of finance lease right-of-use asset	$	20	$	50	$	56	$	167
Interest on finance lease liabilities		1		8		5		18
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		1		8		5		18
Financing cash flows		43		110		278		346
Right-of-use assets obtained in exchange for new finance lease liabilities		—		22		—		22

Supplemental Balance Sheet Information Related to Operating Leases

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

	July 2, 2021			January 1, 2021
Machinery and equipment	$	900		$	860
Computer equipment and software		472			462
Real property		15,974			12,956
Operating lease right-of-use assets, gross		17,346			14,278
Less accumulated depreciation		(6,103	)		(5,514	)
Operating lease right-of-use assets, net	$	11,243		$	8,764

Total operating lease liability	$	11,419		$	9,022
Weighted-average remaining lease term (in years)		5.7			5.2
Weighted-average discount rate		2.51	%		2.61	%

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 2, 2021		July 3, 2020		July 2, 2021		July 3, 2020
Operating lease cost	$	857	$	746	$	1,640	$	1,486
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		801		763		1,586		1,501
Right-of-use assets obtained in exchange for new operating lease liabilities		3,356		249		4,007		318

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 2, 2021 is as follows (in thousands):

As of July 2, 2021 12 Months Ended	Operating Leases			Finance Leases
June 2022	$	3,008		$	86
June 2023		2,919			14
June 2024		2,006			11
June 2025		1,112			—
June 2026		690			—
Thereafter		2,263			—
Total minimum lease payments, including interest	$	11,998		$	111
Less amounts representing interest		(579	)		(1	)
Total minimum lease payments	$	11,419		$	110