| Leases |
Leases The Company's leasing arrangements primarily consist of operating leases for its facilities which include corporate, sales and marketing and research and development offices and equipment under various non-cancelable lease arrangements. The operating leases expire at various dates through 2030. The Company currently has two sublease agreements for space at its headquarters. In addition, as of July 22, 2025, the Company has amended the lease for its headquarters to provide the landlord with the right to take back space under certain circumstances. At June 28, 2025, the Company's weighted average discount rate was 4.39%, while the weighted average remaining lease term was 4.69 years. The components of lease expense were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 28, 2025 | | June 29, 2024 | | June 28, 2025 | | June 29, 2024 | | Operating lease cost | $ | 1,433 | | | $ | 1,203 | | | $ | 2,889 | | | $ | 2,561 | | | Variable lease cost | 658 | | | 862 | | | 1,283 | | | 1,953 | | | Sublease income | (445) | | | (621) | | | (924) | | | (991) | | | Right-of-use asset impairment | — | | | 867 | | | — | | | 867 | | | Net lease cost | $ | 1,646 | | | $ | 2,311 | | | $ | 3,248 | | | $ | 4,390 | |
Supplemental cash flow information related to leases was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 28, 2025 | | June 29, 2024 | | June 28, 2025 | | June 29, 2024 | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | | | Operating cash flows from operating leases | $ | 1,868 | | | $ | 1,534 | | | $ | 3,353 | | | $ | 3,242 | | Right-of-use assets obtained in exchange for operating lease liabilities (non-cash) | $ | — | | | $ | 811 | | | $ | — | | | $ | 811 | | | Right-of-use asset reductions related to operating lease modifications (non-cash) | $ | — | | | $ | (1,883) | | | $ | — | | | $ | (1,883) | |
Maturities of operating lease liabilities and sublease payments were as follows as of June 28, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | Operating Lease Payments | | Sublease Payments | | Net | | Remainder of 2025 | $ | 2,485 | | | $ | (467) | | | $ | 2,018 | | | 2026 | 5,896 | | | (1,033) | | | 4,863 | | | 2027 | 5,315 | | | (1,064) | | | 4,251 | | | 2028 | 5,474 | | | (1,096) | | | 4,378 | | | 2029 | 5,638 | | | (1,129) | | | 4,509 | | | Thereafter | 1,936 | | | (385) | | | 1,551 | | | Total minimum lease payments | $ | 26,744 | | | $ | (5,174) | | | $ | 21,570 | | | Less: imputed interest | 3,054 | | | | | | | Present value of future minimum lease payments | $ | 23,690 | | | | | | Less: current portion of operating lease liabilities (Note 8) | 4,621 | | | | | | | Long-term lease liabilities | $ | 19,069 | | | | | |
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