Leases (Tables)

9 Months Ended

Sep. 30, 2022

Supplemental Balance Sheet Information Related to Finance Leases

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

	September 30, 2022			December 31, 2021
Machinery and equipment	$	28		$	35
Computer equipment and software		16			506
Furniture and fixtures		475			475
Finance lease right-of-use assets, gross		519			1,016
Less accumulated depreciation		(139	)		(510	)
Finance lease right-of-use assets, net	$	380		$	506

Current finance lease obligations	$	167		$	127
Long-term finance lease obligations		252			382
Total finance lease liability	$	419		$	509
Weighted-average remaining lease term (in years)		2.5			3.2
Weighted-average discount rate		4.11	%		4.02	%

Supplemental Cash Flow Information Related to Finance Leases

Note 8 – Leases (Continued)

Finance Leases (Continued)

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

	Three Months Ended				Nine Months Ended
	September 30, 2022		October 1, 2021		September 30, 2022		October 1, 2021
Amortization of finance lease right-of-use asset	$	39	$	15	$	121	$	71
Interest on finance lease liabilities		5		1		13		6
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		5		1		13		6
Financing cash flows		40		36		85		314

Supplemental Balance Sheet Information Related to Operating Leases

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

	September 30, 2022			December 31, 2021
Machinery and equipment	$	762		$	760
Computer equipment and software		446			472
Real property		33,751			34,426
Operating lease right-of-use assets, gross		34,959			35,658
Less accumulated depreciation		(5,456	)		(4,348	)
Operating lease right-of-use assets, net	$	29,503		$	31,310

Current operating lease obligations	$	3,474		$	3,283
Long-term operating lease obligations		26,032			28,269
Total operating lease liability	$	29,506		$	31,552
Weighted-average remaining lease term (in years)		7.6			7.8
Weighted-average discount rate		4.04	%		3.56	%

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				Nine Months Ended
	September 30, 2022		October 1, 2021		September 30, 2022		October 1, 2021
Operating lease cost	$	1,167	$	931	$	3,471	$	2,571
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		1,103		846		3,069		2,432
Right-of-use assets obtained in exchange for new operating lease liabilities		126		15,212		1,166		19,219

Schedule of Maturities of Lease Liabilities under Operating and Finance Leases Having Initial or Remaining Non-Cancelable Lease Terms More Than One Year

Maturities of lease liabilities under operating and finance leases having initial or remaining non-cancelable lease terms more than one year as of September 30, 2022 is as follows (in thousands):

As of September 30, 2022 12 Months Ended	Operating Leases			Finance Leases
September 2023	$	5,179		$	181
September 2024		5,152			176
September 2025		4,224			85
September 2026		3,659			—
September 2027		3,671			—
Thereafter		13,099			—
Total future minimum lease payments	$	34,984		$	442
Less amounts representing interest		(5,478	)		(23	)
Present value of future minimum lease payments	$	29,506		$	419