XML 43 R34.htm IDEA: XBRL DOCUMENT

Operating Leases (Tables)

6 Months Ended

Jun. 27, 2025

Leases [Abstract]

Supplemental Balance Sheet Information Related to Operating Leases

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


		June 27, 2025				December 27, 2024
Machinery and equipment		$	877			$	758
Computer equipment and software			446				446
Real property			44,450				47,648
Operating lease right-of-use assets, gross			45,773				48,852
Less accumulated depreciation			(12,746	)			(12,002	)
Operating lease right-of-use assets, net		$	33,027			$	36,850

Current operating lease obligations		$	5,103			$	3,894
Long-term operating lease obligations			35,417				34,807
Total operating lease liability		$	40,520			$	38,701
Weighted-average remaining lease term (in years)			6.8				7.1
Weighted-average discount rate			6.00	%			5.98	%

Supplemental Cash Flow Information Related to Operating Leases

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


		Three Months Ended								Six Months Ended
		June 27, 2025				June 28, 2024				June 27, 2025				June 28, 2024
Operating lease cost		$	1,798			$	2,089			$	3,947			$	4,312
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows			1,661				1,481				3,313				2,865
Right-of-use assets obtained in exchange for new operating lease liabilities			1,629				1,991				1,933				3,486

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

Estimated future maturities of lease liabilities under operating and finance leases having initial or remaining non-cancelable lease terms more than one year as of June 27, 2025 is as follows (in thousands):

.


As of June 27, 2025 12 Months Ended		Operating Leases
June 2026		$	7,303
June 2027			8,041
June 2028			6,843
June 2029			6,923
June 2030			6,514
Thereafter			15,981
Total future minimum lease payments			51,605
Less amounts representing interest			(11,085	)
Total lease liability		$	40,520