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Leases (Tables)
 6 Months Ended
Jul. 03, 2021
Leases [Abstract]  
Lease Balance Sheet Information As of July 3, 2021 and December 31, 2020, the Company’s operating lease components with initial or remaining terms in excess of one year were classified on the condensed consolidated balance sheet as follows, together with certain supplemental balance sheet information:
(In thousands, except lease term and discount rate)
ClassificationJuly 3, 2021December 31, 2020
Assets
Right-of-use assetsRight-of-use assets$59,117 $45,924 
Liabilities
Short-term lease liabilityOther accrued liabilities9,230 9,960 
Long-term lease liabilityLong-term lease liability53,747 39,730 
Total lease liabilities$62,977 $49,690 
Lease Term and Discount Rate
Weighted average remaining lease term (years)9.87.9
Weighted average discount rate4.6 %5.0 %
Components of Lease Expense The components of lease expense for the three and six months ended July 3, 2021 and June 27, 2020 are as follows:
Three months endedSix months ended
(In thousands)
July 3, 2021June 27, 2020July 3, 2021June 27, 2020
Operating lease cost$3,409 $3,111 $6,808 $6,652 
Lease Cash Flow Information The Company combines the amortization of the right-of-use assets and the change in the operating lease liability in the same line item in the condensed consolidated statement of cash flows. Other information related to the Company’s operating leases for the six months ended July 3, 2021 and June 27, 2020 are as follows:
(In thousands)
July 3, 2021June 27, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from leases$5,431 $5,336 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$19,406 $2,047 
Lessee, Operating Lease, Liability, Maturity [Table Text Block] Future minimum lease payments for noncancellable operating leases as of July 3, 2021, were as follows:
(In thousands)Operating Leases
Remaining 2021$6,885 
202210,121 
20238,507 
20247,069 
20256,328 
Thereafter40,152 
Total79,062 
Less: Interest16,085 
Present value of lease liabilities$62,977