XML 22 R11.htm IDEA: XBRL DOCUMENT v3.20.2
LEASES
 9 Months Ended
Sep. 27, 2020
Leases [Abstract]  
Leases LEASES
 
At September 27, 2020, the weighted average remaining lease term and weighted average discount rate for operating leases was 3.7 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 September 27, 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 thirty-nine week period ended September 27, 2020, the Company's cash paid for operating leases was $1,612,201, and operating lease and short-term lease costs were $1,536,718 and $308,543, respectively.

The undiscounted annual future minimum lease payments consist of the following at:
 September 27,
2020
2020$2,189,099 
20212,182,674 
20221,745,835 
20231,216,053 
2024433,492 
Thereafter38,496 
Total lease payments7,805,649 
Interest(680,497)
Present value of lease liabilities$7,125,152