Leases (Tables)

3 Months Ended

Mar. 29, 2025

Leases [Abstract]

Summary of components of lease expense

The components of lease expense for the fiscal quarters ended March 29, 2025 and March 30, 2024 were as follows (in thousands):


		Fiscal Quarter Ended
		March 29, 2025			March 30, 2024
Operating lease expense		$	2,162		$	2,163
Finance lease amortization of assets			210			212
Finance lease interest on lease liabilities			68			84
Short-term lease expense			97			56
Variable lease expense			199			158
Total lease expense		$	2,736		$	2,673

Schedule of supplemental lease information

Operating and finance lease right-of-use assets and lease-related liabilities as of March 29, 2025 and December 31, 2024 were as follows (in thousands):


		March 29, 2025			December 31, 2024			Classification

Lease right-of-use assets:
Operating leases		$	27,154		$	28,259		Operating lease right-of-use assets
Finance leases			3,064			3,261		Other assets
Total lease right-of-use assets		$	30,218		$	31,520

Lease-related liabilities
Current
Operating leases		$	7,100		$	7,176		Current operating lease liabilities
Finance leases			768			779		Accrued expenses and other current liabilities
Non-current
Operating leases			20,951			22,138		Non-current operating lease liabilities
Finance leases			2,501			2,678		Other long-term liabilities
Total lease liabilities		$	31,320		$	32,771

The table below presents supplemental information related to leases as of March 29, 2025 and December 31, 2024:


		March 29, 2025				December 31, 2024
Weighted-average remaining lease term (years)
Finance leases			4.2				4.4
Operating leases			5.2				5.3
Weighted-average discount rate
Finance leases			8.2	%			8.2	%
Operating leases			5.5	%			5.4	%

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):


		Fiscal Quarter Ended
		March 29, 2025			March 30, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases		$	1,829		$	1,794

Schedule of maturities of operating lease liabilities

The following table summarizes fiscal year maturities of operating lease liabilities as of March 29, 2025 (in thousands):


		Operating Leases			Finance Leases			Total
Remainder of fiscal year 2025		$	6,482		$	765		$	7,247
2026			7,129			939			8,068
2027			5,323			863			6,186
2028			3,967			851			4,818
2029			3,396			367			3,763
Thereafter			6,032			74			6,106
Total lease payments			32,329			3,859			36,188
Less: Interest			(4,278)			(590)			(4,868)
Present value of lease liability		$	28,051		$	3,269		$	31,320