XML 22 R11.htm IDEA: XBRL DOCUMENT v3.20.2
LEASES
 6 Months Ended
Jun. 28, 2020
Leases [Abstract]  
Leases LEASES
 
At June 28, 2020, the weighted average remaining lease term and weighted average discount rate for operating leases was 3.9 years and 5.0%, respectively. The Company's future operating lease obligations that have not yet commenced are immaterial. For the thirteen week period ended June 28, 2020, the Company's cash paid for operating leases was $601,248, and operating lease and short-term lease costs were $525,679 and $108,359, respectively. For the twenty-six week period ended June 28, 2020, the Company's cash paid for operating leases was $1,106,779, and operating lease and short-term lease costs were $1,016,698 and $234,737, respectively.

The undiscounted annual future minimum lease payments consist of the following at:
 June 28,
2020
2020$2,084,202  
20212,149,647  
20221,860,054  
20231,260,651  
2024612,394  
Thereafter89,124  
Total lease payments8,056,072  
Interest(872,844) 
Present value of lease liabilities$7,183,228