v3.26.3
Leases (Tables)
 9 Months Ended
Oct. 04, 2026
Leases [Abstract]  
Balance Sheet Information, Lessee
The table below represents a summary of the balances recorded in the consolidated condensed balance sheets related to the Company’s leases as of October 4, 2026 and December 28, 2025:
October 4, 2026December 28, 2025
Balance Sheet LocationOperating LeasesFinance LeasesOperating LeasesFinance Leases
(in thousands)
Operating lease right-of-use assets$90,513 $78,191 
   
Current portion of operating lease liabilities$13,096 $15,748 
Operating lease liabilities81,744 67,205 
Total operating lease liabilities$94,840 $82,953 
   
Property, plant and equipment, net$10,480 $9,574 
      
Accrued expenses$3,501 $3,155 
Other long-term liabilities7,368 6,817 
Total finance lease liabilities$10,869 $9,972 
Schedule of Lease Costs
Lease Costs
Three Months EndedNine Months Ended
October 4, 2026September 28, 2025October 4, 2026September 28, 2025
(in thousands)
Finance lease cost:
Amortization of right-of-use assets$1,008 $883 $3,071 $2,600 
Interest on lease liabilities160 137 502 413 
Operating lease cost4,540 5,152 14,878 15,271 
Short-term lease cost108 116 379 412 
Variable lease cost768 1,007 2,246 2,496 
Total lease cost$6,584 $7,295 $21,076 $21,192 
Other Supplemental Information, Lessee
Other Supplemental Information
Three Months EndedNine Months Ended
October 4, 2026September 28, 2025October 4, 2026September 28, 2025
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for finance leases$143 $132 $471 $397 
Operating cash flows for operating leases4,806 4,696 15,846 13,743 
Financing cash flows for finance leases933 738 2,855 2,282 
Right-of-use assets obtained in exchange for new finance lease liabilities462 559 4,057 1,545 
Right-of-use assets obtained in exchange for new operating lease liabilities (1)
24,486 691 25,655 6,318 
Weighted Average Lease Term and Discount Rate, Lessee
The table below presents the weighted average remaining lease terms and discount rates for finance and operating leases as of October 4, 2026 and December 28, 2025:
October 4, 2026December 28, 2025
Weighted-average remaining lease term – finance leases (in years)3.924.07
Weighted-average remaining lease term – operating leases (in years)13.387.05
Weighted-average discount rate – finance leases5.70 %6.52 %
Weighted-average discount rate – operating leases6.96 %6.33 %
Lease Liability Maturity Schedule
A maturity analysis of lease payments under non-cancellable leases is presented as follows:
Fiscal YearOperating LeasesFinance Leases
(in thousands)
2026 (excluding the nine months ended October 4, 2026)
$4,762 $1,054 
202717,869 3,845 
202814,183 2,887 
202911,825 1,899 
20308,906 1,185 
Thereafter95,729 1,245 
Total future minimum lease payments (undiscounted)153,274 12,115 
Less: Present value discount(58,434)(1,246)
Total lease liabilities$94,840 $10,869 
Lease Liability Maturity Schedule
A maturity analysis of lease payments under non-cancellable leases is presented as follows:
Fiscal YearOperating LeasesFinance Leases
(in thousands)
2026 (excluding the nine months ended October 4, 2026)
$4,762 $1,054 
202717,869 3,845 
202814,183 2,887 
202911,825 1,899 
20308,906 1,185 
Thereafter95,729 1,245 
Total future minimum lease payments (undiscounted)153,274 12,115 
Less: Present value discount(58,434)(1,246)
Total lease liabilities$94,840 $10,869