Leases

6 Months Ended

Jul. 04, 2023

Leases [Abstract]

Leases

Leases

Supplemental balance sheet information related to leases is as follows (in thousands):

Classification		July 4, 2023		January 3, 2023
Assets
Operating	Operating lease assets, net	$	184,186	$	183,392
Finance	Property and equipment	4,285		5,258
Total leased assets		$	188,471	$	188,650
Liabilities
Current lease liabilities
Operating	Current operating lease liabilities	$	29,123	$	28,581
Finance	Accrued expenses and other current liabilities	2,261		2,210
Long-term lease liabilities
Operating	Long-term operating lease liabilities	186,897		187,320
Finance	Other long-term liabilities	2,405		3,520
Total lease liabilities		$	220,686	$	221,631

Sublease income recognized in the Condensed Consolidated Statements of Operations was $0.8 million and $1.6 million for both of the second quarters of 2023 and 2022 and the first two quarters of 2023 and 2022, respectively.

Supplemental disclosures of cash flow information related to leases are as follows (in thousands):

	Fiscal Quarter Ended				Two Fiscal Quarters Ended
	July 4, 2023		June 28, 2022		July 4, 2023		June 28, 2022
Cash paid for lease liabilities:
Operating leases	$	10,565	$	10,415	$	21,087	$	20,859
Finance leases	638		599		1,402		1,213
	$	11,203	$	11,014	$	22,489	$	22,072
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	6,759	$	4,275	$	13,774	$	8,107
Finance leases	35		121		177		843
	$	6,794	$	4,396	$	13,951	$	8,950

Leases

Leases

Supplemental balance sheet information related to leases is as follows (in thousands):

Classification		July 4, 2023		January 3, 2023
Assets
Operating	Operating lease assets, net	$	184,186	$	183,392
Finance	Property and equipment	4,285		5,258
Total leased assets		$	188,471	$	188,650
Liabilities
Current lease liabilities
Operating	Current operating lease liabilities	$	29,123	$	28,581
Finance	Accrued expenses and other current liabilities	2,261		2,210
Long-term lease liabilities
Operating	Long-term operating lease liabilities	186,897		187,320
Finance	Other long-term liabilities	2,405		3,520
Total lease liabilities		$	220,686	$	221,631

Sublease income recognized in the Condensed Consolidated Statements of Operations was $0.8 million and $1.6 million for both of the second quarters of 2023 and 2022 and the first two quarters of 2023 and 2022, respectively.

Supplemental disclosures of cash flow information related to leases are as follows (in thousands):

	Fiscal Quarter Ended				Two Fiscal Quarters Ended
	July 4, 2023		June 28, 2022		July 4, 2023		June 28, 2022
Cash paid for lease liabilities:
Operating leases	$	10,565	$	10,415	$	21,087	$	20,859
Finance leases	638		599		1,402		1,213
	$	11,203	$	11,014	$	22,489	$	22,072
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	6,759	$	4,275	$	13,774	$	8,107
Finance leases	35		121		177		843
	$	6,794	$	4,396	$	13,951	$	8,950