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Leases (Tables)

6 Months Ended

Jun. 29, 2024

Leases [Abstract]

Summary of components of lease expense

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Fiscal Quarter Ended

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Two Fiscal Quarters Ended

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June 29, 2024

July 1, 2023

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June 29, 2024

July 1, 2023

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Operating lease expense

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$

2,129

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$

2,317

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$

4,292

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$

4,668

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Finance lease amortization of assets

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212

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156

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424

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265

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Finance lease interest on lease liabilities

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80

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68

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164

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120

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Short-term lease expense

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64

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96

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120

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150

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Variable lease expense

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122

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268

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280

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595

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Total lease expense

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$

2,607

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$

2,905

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$

5,280

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$

5,798

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Schedule of supplemental lease information

Operating and finance lease right-of-use assets and lease-related liabilities as of June 29, 2024 and December 31, 2023 were as follows (in thousands):

​	​	​	​	​	​	​	​	​
​	​	June 29, 2024		​	December 31, 2023		​	Classification
​	​	​	​	​	​	​	​	​
Lease right-of-use assets:	​	​	​	​	​	​	​	​
Operating leases	​	$	26,993	​	$	30,788	​	Operating lease right-of-use assets
Finance leases	​	​	3,675	​	​	3,912	​	Other assets
Total lease right-of-use assets	​	$	30,668	​	$	34,700	​	​
​	​	​	​	​	​	​	​	​
Lease-related liabilities	​	​	​	​	​	​	​	​
Current	​	​	​	​	​	​	​	​
Operating leases	​	$	6,631	​	$	7,133	​	Current operating lease liabilities
Finance leases	​	​	786	​	​	746	​	Accrued expenses and other current liabilities
Non-current	​	​	​	​	​	​	​	​
Operating leases	​	​	21,449	​	​	24,787	​	Non-current operating lease liabilities
Finance leases	​	​	3,053	​	​	3,285	​	Other long-term liabilities
Total lease liabilities	​	$	31,919	​	$	35,951	​	​

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The table below presents supplemental information related to leases as of June 29, 2024 and December 31, 2023:

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​	​	​	​	​	​	​	​	​
​		June 29, 2024			​	December 31, 2023
Weighted-average remaining lease term (years)	​	​	​	​	​	​	​	​
Finance leases	​	​	4.8	​	​	​	5.2	​
Operating leases	​	​	5.4	​	​	​	5.7	​
Weighted-average discount rate	​	​	​	​	​	​	​	​
Finance leases	​	​	8.2	%	​	​	8.2	%
Operating leases	​	​	5.0	%	​	​	5.1	%

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The table below presents supplemental information related to the cash flows for operating leases recorded on the condensed consolidated statements of cash flows (in thousands):

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​	​	​	​	​	​	​	​
​	​	Two Fiscal Quarters Ended					​
​		June 29, 2024			July 1, 2023		​
Cash paid for amounts included in the measurement of lease liabilities:	​	​	​	​	​	​	​
Operating cash flows for operating leases	​	$	3,578	​	$	3,781	​

Schedule of maturities of operating lease liabilities

The following table summarizes fiscal year maturities of operating lease liabilities as of June 29, 2024 (in thousands):

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​	​	​	​	​	​	​	​	​	​
​		Operating Leases		​	Finance Leases		​	Total
Remainder of fiscal year 2024	​	$	4,139	​	$	542	​	$	4,681
2025	​	​	7,339	​	​	1,030	​	​	8,369
2026	​	​	5,831	​	​	934	​	​	6,765
2027	​	​	4,109	​	​	858	​	​	4,967
2028	​	​	3,114	​	​	845	​	​	3,959
Thereafter	​	​	7,626	​	​	436	​	​	8,062
Total lease payments	​	​	32,158	​	​	4,645	​	​	36,803
Less: Interest	​	​	(4,078)	​	​	(806)	​	​	(4,884)
Present value of lease liability	​	$	28,080	​	$	3,839	​	$	31,919

Schedule of maturities of finance lease liabilities

The following table summarizes fiscal year maturities of operating lease liabilities as of June 29, 2024 (in thousands):

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​	​	​	​	​	​	​	​	​	​
​		Operating Leases		​	Finance Leases		​	Total
Remainder of fiscal year 2024	​	$	4,139	​	$	542	​	$	4,681
2025	​	​	7,339	​	​	1,030	​	​	8,369
2026	​	​	5,831	​	​	934	​	​	6,765
2027	​	​	4,109	​	​	858	​	​	4,967
2028	​	​	3,114	​	​	845	​	​	3,959
Thereafter	​	​	7,626	​	​	436	​	​	8,062
Total lease payments	​	​	32,158	​	​	4,645	​	​	36,803
Less: Interest	​	​	(4,078)	​	​	(806)	​	​	(4,884)
Present value of lease liability	​	$	28,080	​	$	3,839	​	$	31,919

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X

- Definition

Tabular disclosure of supplemental lease information including weighted-average lease term, weighted average discount rate, and miscellaneous financial statement information.

+ References

No definition available.

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- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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