v3.25.4
Leases
12 Months Ended
Jan. 03, 2026
Leases [Abstract]  
Leases Leases
The Company enters into operating and finance lease commitments primarily for its manufacturing and office space, vehicles, and equipment that expire on various dates through 2041, some of which include assumed options to extend the lease term for up to 10 years. In addition, the Company leases land associated with certain of its buildings in Canada and China under long-term leases expiring in 2032 to 2071. The lease in Canada also includes an assumed option to extend the term for up to 10 years.
The components of lease expense are as follows:
(In thousands)January 3, 2026December 28, 2024December 30, 2023
Operating Lease Cost (a)
$10,333 $8,153 $6,355 
Short-Term Lease Cost833 810 698 
Finance Lease Cost:
ROU asset amortization$1,198 $1,168 $1,103 
Interest on lease liabilities96 100 74 
Total Finance Lease Cost1,294 1,268 1,177 
Total Lease Costs$12,460 $10,231 $8,230 
(a) Includes variable lease costs of $904,000 in 2025, $747,000 in 2024, and $961,000 in 2023.
    
Supplemental cash flow information related to leases is as follows:
(In thousands)January 3, 2026December 28, 2024December 30, 2023
Cash Paid for Amounts Included in the Measurement of Lease Liabilities:
Operating cash flows from operating leases$9,096 $8,282 $6,475 
Operating cash flows from finance leases$96 $100 $74 
Financing cash flows from finance leases$1,216 $1,169 $1,100 
ROU Assets Obtained in Exchange for Lease Obligations:
Operating leases (a)
$13,171 $17,496 $8,120 
Finance leases$1,156 $1,598 $989 
(a) Includes ROU assets of $4,425,000 in 2025 and $10,847,000 in 2024 obtained in connection with the Company's acquisitions.

Supplemental balance sheet information related to leases is as follows:
(In thousands)Balance Sheet Line ItemJanuary 3, 2026December 28, 2024
Operating Leases:
ROU assetsOther assets$43,243 $36,484 
Total operating lease assets$43,243 $36,484 
Short-term liabilitiesOther current liabilities$8,202 $6,548 
Long-term liabilitiesOther long-term liabilities33,072 27,768 
Total operating lease liabilities$41,274 $34,316 
Finance Leases:
ROU assets, at costProperty, plant, and equipment, at cost$4,197 $4,077 
ROU assets accumulated amortizationAccumulated depreciation and amortization(2,448)(2,094)
ROU assets, netProperty, plant, and equipment, net$1,749 $1,983 
Short-term obligations
Current maturities of long-term obligations
$983 $1,075 
Long-term obligationsLong-term obligations798 948 
Total finance lease liabilities$1,781 $2,023 
  January 3, 2026December 28, 2024
Weighted Average Remaining Lease Term (in years):
Operating leases7.58.0
Finance leases2.02.1
Weighted Average Discount Rate:
Operating leases4.63%4.52%
Finance leases5.07%5.11%

As of January 3, 2026, future lease payments for lease liabilities are as follows:
OperatingFinance
(In thousands)LeasesLeases
2026$9,802 $1,045 
20278,292 595 
20286,006 227 
20294,685 
20304,314 — 
2031 and Thereafter
16,351 — 
Total Future Lease Payments49,450 1,869 
Less: Imputed Interest(8,176)(88)
Present Value of Lease Payments$41,274 $1,781 

As of January 3, 2026, the Company had no significant operating and finance leases that had not yet commenced.
Leases Leases
The Company enters into operating and finance lease commitments primarily for its manufacturing and office space, vehicles, and equipment that expire on various dates through 2041, some of which include assumed options to extend the lease term for up to 10 years. In addition, the Company leases land associated with certain of its buildings in Canada and China under long-term leases expiring in 2032 to 2071. The lease in Canada also includes an assumed option to extend the term for up to 10 years.
The components of lease expense are as follows:
(In thousands)January 3, 2026December 28, 2024December 30, 2023
Operating Lease Cost (a)
$10,333 $8,153 $6,355 
Short-Term Lease Cost833 810 698 
Finance Lease Cost:
ROU asset amortization$1,198 $1,168 $1,103 
Interest on lease liabilities96 100 74 
Total Finance Lease Cost1,294 1,268 1,177 
Total Lease Costs$12,460 $10,231 $8,230 
(a) Includes variable lease costs of $904,000 in 2025, $747,000 in 2024, and $961,000 in 2023.
    
Supplemental cash flow information related to leases is as follows:
(In thousands)January 3, 2026December 28, 2024December 30, 2023
Cash Paid for Amounts Included in the Measurement of Lease Liabilities:
Operating cash flows from operating leases$9,096 $8,282 $6,475 
Operating cash flows from finance leases$96 $100 $74 
Financing cash flows from finance leases$1,216 $1,169 $1,100 
ROU Assets Obtained in Exchange for Lease Obligations:
Operating leases (a)
$13,171 $17,496 $8,120 
Finance leases$1,156 $1,598 $989 
(a) Includes ROU assets of $4,425,000 in 2025 and $10,847,000 in 2024 obtained in connection with the Company's acquisitions.

Supplemental balance sheet information related to leases is as follows:
(In thousands)Balance Sheet Line ItemJanuary 3, 2026December 28, 2024
Operating Leases:
ROU assetsOther assets$43,243 $36,484 
Total operating lease assets$43,243 $36,484 
Short-term liabilitiesOther current liabilities$8,202 $6,548 
Long-term liabilitiesOther long-term liabilities33,072 27,768 
Total operating lease liabilities$41,274 $34,316 
Finance Leases:
ROU assets, at costProperty, plant, and equipment, at cost$4,197 $4,077 
ROU assets accumulated amortizationAccumulated depreciation and amortization(2,448)(2,094)
ROU assets, netProperty, plant, and equipment, net$1,749 $1,983 
Short-term obligations
Current maturities of long-term obligations
$983 $1,075 
Long-term obligationsLong-term obligations798 948 
Total finance lease liabilities$1,781 $2,023 
  January 3, 2026December 28, 2024
Weighted Average Remaining Lease Term (in years):
Operating leases7.58.0
Finance leases2.02.1
Weighted Average Discount Rate:
Operating leases4.63%4.52%
Finance leases5.07%5.11%

As of January 3, 2026, future lease payments for lease liabilities are as follows:
OperatingFinance
(In thousands)LeasesLeases
2026$9,802 $1,045 
20278,292 595 
20286,006 227 
20294,685 
20304,314 — 
2031 and Thereafter
16,351 — 
Total Future Lease Payments49,450 1,869 
Less: Imputed Interest(8,176)(88)
Present Value of Lease Payments$41,274 $1,781 

As of January 3, 2026, the Company had no significant operating and finance leases that had not yet commenced.