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LEASES

9 Months Ended

Sep. 26, 2021

LEASES

For operating leases, the weighted average remaining lease term was 2.9 years and 3.5 years at September 26, 2021 and December 27, 2020, respectively. The weighted average discount rate was 4.9% at September 26, 2021 and December 27, 2020. The Company's future operating lease obligations that have not yet commenced are immaterial.

The supplement cash flow information related to the Company's operating leases were as follows:


	Thirteen Weeks Ended				Thirty-nine Weeks Ended
	September 26, 2021		September 27, 2020		September 26, 2021		September 27, 2020
Cash paid for operating leases	$	579,844	$	601,248	$	1,739,688	$	1,612,201
Operating lease costs	$	519,496	$	525,679	$	1,565,289	$	1,536,718
Short-term lease costs	$	75,406	$	108,359	$	108,514	$	308,543

The undiscounted annual future minimum lease payments consist of the following at:


	September 26, 2021
Less than one year	$	585,149
One to two years	2,215,659
Two to three years	1,660,916
Three to four years	1,038,580
Four to five years	311,375

Total lease payments	5,811,679
Interest	(384,875)
Present value of lease liabilities	$	5,426,804