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Operating Leases
6 Months Ended
Jun. 29, 2019
Leases [Abstract]  
OPERATING LEASES

 

6.  OPERATING LEASES

The Company leases machinery, equipment, vehicles, buildings and office space throughout its locations, which are classified as operating leases. Remaining terms on these leases range from less than one year to 11 years. For the six months ended June 29, 2019, operating lease costs totaled $1,818.

Supplemental balance sheet information related to operating leases is as follows:

 

 

June 29, 2019

 

Right-of-use assets

 

$

13,592

 

 

 

 

 

 

Current operating lease liabilities

 

$

3,100

 

Non-current operating lease liabilities

 

 

10,634

 

Total operating lease liabilities

 

$

13,734

 

 

 

 

 

 

Weighted average remaining lease term (in years):

 

 

5.8

 

 

 

 

 

 

Weighted average discount rate:

 

 

4.7

%

Supplemental cash flow and other information related to leases is as follows:

 

 

Six Months Ended

 

 

 

June 29, 2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

Operating cash flows from operating leases

 

$

1,825

 

ROU assets obtained in exchange for new operating lease liabilities

 

$

1,433

 

Maturities of lease liabilities are as follows:

 

 

June 29, 2019

 

2019 Remaining

 

$

1,841

 

2020

 

 

3,654

 

2021

 

 

3,517

 

2022

 

 

1,695

 

2023

 

 

1,335

 

2024

 

 

963

 

Thereafter

 

 

2,868

 

Total lease payments

 

 

15,873

 

Less: Imputed interest

 

 

(2,139

)

Total lease obligations

 

 

13,734

 

Less: Current lease liabilities

 

 

(3,100

)

Non-current lease liabilities

 

$

10,634