v3.26.1
Leases
 12 Months Ended
Dec. 27, 2025
Leases [Abstract]  
Leases LEASES
Leases as Lessee

Balance sheet information related to right-of-use assets and liabilities is as follows:
Balance Sheet Location20252024
Operating Leases:
Operating lease right-of-use assetsOperating lease right-of-use assets$23,649 $25,368 
Current portion of operating lease liabilitiesCurrent portion of operating lease liabilities$4,553 $3,804 
Noncurrent portion of operating lease liabilitiesOperating lease liabilities20,200 22,295 
Total operating lease liabilities$24,753 $26,099 
Finance Leases:
Finance lease right-of-use assetsProperty, plant, and equipment, net$381 $498 
Current portion of finance lease liabilitiesCurrent portion of long-term debt$150 $142 
Noncurrent portion of finance lease liabilitiesLong-term debt154 314 
Total financing lease liabilities$304 $456 

Lease cost recognized in the consolidated financial statements is summarized as follows:
20252024
Operating lease cost$6,311 $5,803 
Variable lease cost806 819 
Total lease cost$7,117 $6,622 
Finance lease cost:
     Amortization of lease assets$98 $54 
     Interest on lease liabilities21 14 
Total finance lease costs$119 $68 
Other supplemental information related to leases is summarized as follows:
20252024
Weighted average remaining lease term (in years):
     Operating leases5.316.35
     Finance leases1.982.96
Weighted average discount rate:
     Operating leases7.29 %6.82 %
     Finance leases5.62 %5.58 %
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows from operating leases$6,241 $5,789 
     Operating cash flows from finance leases21 14 
     Financing cash flows from finance leases152 70 

The following table summarizes the Company's undiscounted future minimum lease payments under non-cancellable contractual obligations for operating and financing lease liabilities as of year end:

Fiscal YearOperating LeasesFinance Leases
2026$6,212 $162 
20276,381 141 
20285,822 18 
20294,987 — 
20301,991 — 
Thereafter4,756 — 
Total future minimum lease payments (undiscounted)30,149 321 
Less: Present value discount(5,396)(17)
Total lease liability$24,753 $304 

Leases as Lessor

The Company leases or subleases to third parties certain excess space in its facilities, which are included as fixed assets. The leases are accounted for as operating leases and the lease or sublease income is included in other operating expense, net. The Company recognizes lease income on a straight-line basis as collectability is probable, including any escalation or lease incentives, as applicable, and the Company continues to recognize the underlying asset which is included in property, plant and equipment, net on the Company's consolidated balance sheets. The leases do not have any residual value guarantees. The Company has elected the practical expedient to combine all non-lease components as a combined component. The nature of the Company’s sublease agreements do not provide for variable lease payments or options to purchase.

Lease income and sublease income related to fixed lease payments is recognized in other operating expense, net in the in the consolidated statements of operations because they are not ordinary activities of the Company and is summarized as follows:

20252024
Operating lease income$2,162 $1,879 
The following table summarizes the Company's undiscounted lease payments to be received under operating leases including amounts to be paid by the Company to the head lessor for the next five years and thereafter as of 2025:

Fiscal YearGross Lease PaymentsPayments to Head LessorNet Lease Payments
2026$2,177 $430 $1,747 
20272,221 438 1,783 
20282,265 447 1,818 
20292,311 456 1,855 
20302,357 465 1,892 
Thereafter9,475 1,808 7,667 
Total$20,806 $4,044 $16,762 
Leases LEASES
Leases as Lessee

Balance sheet information related to right-of-use assets and liabilities is as follows:
Balance Sheet Location20252024
Operating Leases:
Operating lease right-of-use assetsOperating lease right-of-use assets$23,649 $25,368 
Current portion of operating lease liabilitiesCurrent portion of operating lease liabilities$4,553 $3,804 
Noncurrent portion of operating lease liabilitiesOperating lease liabilities20,200 22,295 
Total operating lease liabilities$24,753 $26,099 
Finance Leases:
Finance lease right-of-use assetsProperty, plant, and equipment, net$381 $498 
Current portion of finance lease liabilitiesCurrent portion of long-term debt$150 $142 
Noncurrent portion of finance lease liabilitiesLong-term debt154 314 
Total financing lease liabilities$304 $456 

Lease cost recognized in the consolidated financial statements is summarized as follows:
20252024
Operating lease cost$6,311 $5,803 
Variable lease cost806 819 
Total lease cost$7,117 $6,622 
Finance lease cost:
     Amortization of lease assets$98 $54 
     Interest on lease liabilities21 14 
Total finance lease costs$119 $68 
Other supplemental information related to leases is summarized as follows:
20252024
Weighted average remaining lease term (in years):
     Operating leases5.316.35
     Finance leases1.982.96
Weighted average discount rate:
     Operating leases7.29 %6.82 %
     Finance leases5.62 %5.58 %
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows from operating leases$6,241 $5,789 
     Operating cash flows from finance leases21 14 
     Financing cash flows from finance leases152 70 

The following table summarizes the Company's undiscounted future minimum lease payments under non-cancellable contractual obligations for operating and financing lease liabilities as of year end:

Fiscal YearOperating LeasesFinance Leases
2026$6,212 $162 
20276,381 141 
20285,822 18 
20294,987 — 
20301,991 — 
Thereafter4,756 — 
Total future minimum lease payments (undiscounted)30,149 321 
Less: Present value discount(5,396)(17)
Total lease liability$24,753 $304 

Leases as Lessor

The Company leases or subleases to third parties certain excess space in its facilities, which are included as fixed assets. The leases are accounted for as operating leases and the lease or sublease income is included in other operating expense, net. The Company recognizes lease income on a straight-line basis as collectability is probable, including any escalation or lease incentives, as applicable, and the Company continues to recognize the underlying asset which is included in property, plant and equipment, net on the Company's consolidated balance sheets. The leases do not have any residual value guarantees. The Company has elected the practical expedient to combine all non-lease components as a combined component. The nature of the Company’s sublease agreements do not provide for variable lease payments or options to purchase.

Lease income and sublease income related to fixed lease payments is recognized in other operating expense, net in the in the consolidated statements of operations because they are not ordinary activities of the Company and is summarized as follows:

20252024
Operating lease income$2,162 $1,879 
The following table summarizes the Company's undiscounted lease payments to be received under operating leases including amounts to be paid by the Company to the head lessor for the next five years and thereafter as of 2025:

Fiscal YearGross Lease PaymentsPayments to Head LessorNet Lease Payments
2026$2,177 $430 $1,747 
20272,221 438 1,783 
20282,265 447 1,818 
20292,311 456 1,855 
20302,357 465 1,892 
Thereafter9,475 1,808 7,667 
Total$20,806 $4,044 $16,762