v3.26.1
LEASES (Tables)
6 Months Ended
Jun. 27, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense
The components of lease expense for the fiscal quarter and two fiscal quarters ended June 27, 2026 and June 28, 2025 were as follows (in thousands):
Fiscal Quarter EndedTwo Fiscal Quarters Ended
June 27, 2026June 28, 2025June 27, 2026June 28, 2025
Operating lease expense$2,450 $2,164 $4,737 $4,326 
Finance lease amortization of assets219 211 435 421 
Finance lease interest on lease liabilities58 67 116 135 
Short-term lease expense67 96 139 193 
Variable lease expense228 168 462 367 
Total lease expense$3,022 $2,706 $5,889 $5,442 
Schedule of Supplemental Lease Information
Operating and finance lease right-of-use assets and lease-related liabilities as of June 27, 2026 and December 31, 2025 were as follows (in thousands):
June 27, 2026December 31, 2025Classification
Lease right-of-use assets:
Operating leases$30,332 $30,723 Operating lease right-of-use assets
Finance leases2,641 2,714 Other assets
Total lease right-of-use assets$32,973 $33,437 
Lease-related liabilities:
Current
Operating leases$6,892 $7,630 Current operating lease liabilities
Finance leases885 815 Accrued expenses and other current liabilities
Non-current
Operating leases24,314 23,964 Non-current operating lease liabilities
Finance leases1,978 2,125 Other long-term liabilities
Total lease liabilities$34,069 $34,534 
The table below presents supplemental information related to leases as of June 27, 2026 and December 31, 2025:
June 27, 2026December 31, 2025
Weighted-average remaining lease term (years):
Finance leases3.33.6
Operating leases5.64.9
Weighted-average discount rate:
Finance leases7.9 %8.1 %
Operating leases6.3 %5.9 %
The table below presents supplemental information related to the cash flows for operating leases recorded on the condensed consolidated statements of cash flows (in thousands):
Two Fiscal Quarters Ended
June 27, 2026June 28, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$3,751 $3,666 
Schedule of Maturities of Operating Lease Liabilities
The following table summarizes fiscal year maturities of operating lease liabilities as of June 27, 2026 (in thousands):
Operating LeasesFinance LeasesTotal
Remainder of fiscal year 2026$4,631 $545 $5,176 
20277,745 1,049 8,794 
20286,400 977 7,377 
20295,769 492 6,261 
20304,572 161 4,733 
Thereafter8,101 17 8,118 
Total lease payments37,218 3,241 40,459 
Less: Interest(6,012)(378)(6,390)
Present value of lease liability$31,206 $2,863 $34,069 
Schedule of Maturities of Finance Lease Liabilities
The following table summarizes fiscal year maturities of operating lease liabilities as of June 27, 2026 (in thousands):
Operating LeasesFinance LeasesTotal
Remainder of fiscal year 2026$4,631 $545 $5,176 
20277,745 1,049 8,794 
20286,400 977 7,377 
20295,769 492 6,261 
20304,572 161 4,733 
Thereafter8,101 17 8,118 
Total lease payments37,218 3,241 40,459 
Less: Interest(6,012)(378)(6,390)
Present value of lease liability$31,206 $2,863 $34,069