Note 4 - Leases |
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| Lessee, Operating Leases [Text Block] |
Note 4 – Leases
The Company primarily leases office and manufacturing facilities in addition to vehicles, which have remaining terms of less than year to ten years, months, eight days.
Leases recorded on the balance sheet consist of the following (in thousands):
Other information related to lease term and discount rate is as follows:
The components of lease expense are as follows (in thousands):
Right of use assets obtained in exchange for new operating lease liability during the three fiscal months ended April 4, 2026 were $0.4 million. The Company paid $1.4 million and $1.3 million for its operating leases for each of the three fiscal months ended April 4, 2026 and March 29, 2025, which are included in operating cash flows on the consolidated condensed statements of cash flows.
Undiscounted maturities of operating lease payments as of April 4, 2026 are summarized as follows (in thousands):
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