v3.25.4
Leases (Tables)
12 Months Ended
Jan. 03, 2026
Leases  
Schedule of operating leases and finance leases on the balance sheets

Operating leases and a finance lease are included in the accompanying consolidated balance sheets in the following line items (in thousands):

January 3,

  ​ ​ ​

December 28,

2026

  ​ ​ ​

2024

Right-of-use assets:

Operating lease right-of-use assets

$

50,983

$

55,431

Finance lease right-of-use assets

773

Total lease right-of-use assets

$

50,983

$

56,204

Operating lease liabilities:

Current portion of operating lease liabilities

$

16,697

$

17,963

Long-term operating lease liabilities, net of current portion

34,636

37,697

Total operating lease liabilities

$

51,333

$

55,660

Finance lease liabilities:

Current portion of finance lease liabilities

$

$

726

Long-term finance lease liabilities, net of current portion

Total finance lease liabilities

$

$

726

Schedule of supplemental information related to leases

The following table shows supplemental information related to leases (in thousands):

Fiscal 2025

  ​ ​ ​

Fiscal 2024

Fiscal 2023

Operating cash flow information:

Cash paid for amounts included in the measurement of operating lease liabilities

$

20,023

$

19,795

$

18,678

Cash paid for amounts included in the measurement of finance lease liabilities

$

732

$

1,099

$

1,099

The components of operating lease costs were as follows:

Cost of goods sold

$

13,200

$

12,548

$

11,852

Selling, general and administrative expenses

6,952

6,839

6,909

Total operating lease costs

$

20,152

$

19,387

$

18,761

The components of finance lease costs were as follows:

Depreciation of finance right-of-use assets

$

773

$

1,058

$

1,058

Interest on finance lease liabilities

6

30

54

Total finance lease costs

$

779

$

1,088

$

1,112

Total net lease costs

$

20,931

$

20,475

$

19,873

Schedule of weighted average remaining lease term and weighted average discount rate

January 3,

December 28,

2026

2024

Weighted average remaining lease term (years)

Operating leases

4.5

4.3

Finance lease

0.7

Weighted average discount rate

Operating leases

4.35%

3.77%

Finance lease

2.30%

Future minimum lease payments under operating leases

As of January 3, 2026, the maturities of lease liabilities were as follows (in thousands):

Operating Leases

 

Finance Lease

Total Maturities of Lease Liabilities

Fiscal year:

2026

$

18,514

$

$

18,514

2027

14,684

14,684

2028

 

9,229

 

 

9,229

2029

 

4,341

 

 

4,341

2030

 

2,182

 

 

2,182

Thereafter

 

7,897

 

 

7,897

Total undiscounted future minimum lease payments

56,847

56,847

Less: Imputed interest

(5,514)

(5,514)

Total present value of future lease liabilities

$

51,333

$

$

51,333

Future minimum lease payments under finance leases

As of January 3, 2026, the maturities of lease liabilities were as follows (in thousands):

Operating Leases

 

Finance Lease

Total Maturities of Lease Liabilities

Fiscal year:

2026

$

18,514

$

$

18,514

2027

14,684

14,684

2028

 

9,229

 

 

9,229

2029

 

4,341

 

 

4,341

2030

 

2,182

 

 

2,182

Thereafter

 

7,897

 

 

7,897

Total undiscounted future minimum lease payments

56,847

56,847

Less: Imputed interest

(5,514)

(5,514)

Total present value of future lease liabilities

$

51,333

$

$

51,333