Leases (Tables)

6 Months Ended

Jul. 04, 2026

The following table summarizes the amounts recognized in our Condensed Consolidated Balance Sheet related to leases:


	Condensed Consolidated Balance Sheet Classification	July 4, 2026		December 31, 2025
Assets
Operating lease assets	Right-of-use assets - operating leases	$	56,797	$	66,445
Finance lease assets	Property and equipment, net	56,480		37,117
Total lease assets		$	113,277	$	103,562
Liabilities
Current operating lease liabilities	Other current liabilities	$	24,963	$	28,920
Non-current operating lease liabilities	Lease liabilities - operating leases	33,112		38,798
Total operating lease liabilities		58,075		67,718
Current portion of finance lease liabilities	Current portion of long-term debt and finance lease liabilities	12,780		9,466
Non-current finance lease liabilities	Lease liabilities - finance leases	44,396		28,299
Total finance lease liabilities		57,176		37,765
Total lease liabilities		$	115,251	$	105,483

The components of lease cost recognized within our Condensed Consolidated Statements of Operations were as follows:


		Three Months Ended				Six Months Ended
	Condensed Consolidated Statements of Operations Classification	July 4, 2026		June 28, 2025		July 4, 2026		June 28, 2025
Operating lease cost	Operating expense	$	4,645	$	6,780	$	9,989	$	14,015
Operating lease cost	Selling expense	2,886		2,818		5,857		5,618
Operating lease cost	General and administrative expense	298		267		589		545
Finance lease cost:
Amortization of right-of-use assets	Depreciation and amortization	3,435		1,846		6,405		3,437
Interest expense on lease liabilities	Interest expense	692		260		1,256		461
Other lease cost (1)	Operating expense	3,193		3,309		6,174		6,412
Other lease cost (1)	Selling expense	620		496		1,262		1,041
Other lease cost (1)	General and administrative expense	34		8		86		21
Total lease cost		$	15,803	$	15,784	$	31,618	$	31,550

(1) Other lease cost includes short-term lease costs and variable lease costs.


Supplemental Cash Flow Information Related to Leases	Six Months Ended
	July 4, 2026		June 28, 2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(18,221)	$	(21,318)
Operating cash flows from finance leases	(1,256)		(461)
Financing cash flows from finance leases	(6,775)		(3,507)
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	8,640		7,849
Finance leases	26,186		10,155


Maturity Analysis of Lease Liabilities	As of July 4, 2026
	Operating Leases		Finance Leases
Remaining six months of 2026	$	15,177	$	7,960
2027	21,120		14,245
2028	12,194		13,205
2029	6,806		11,141
2030	3,323		7,459
2031	1,288		5,828
Thereafter	2,109		4,942
Total lease payments	62,017		64,780
Less interest	3,942		7,604
Total	$	58,075	$	57,176