XML 40 R29.htm IDEA: XBRL DOCUMENT

Note 10 - Leases (Tables)

3 Months Ended

Mar. 30, 2024

Notes Tables

Leases, Balance Sheet Information [Table Text Block]

(in thousands)	Classification		March 30, 2024				December 30, 2023
Assets
Operating lease assets	Operating lease right-of-use assets ⁽¹⁾		$	15,935			$	16,778
Finance lease assets	Property, plant and equipment, net ⁽¹⁾			9,063				247
Total lease assets			$	24,998			$	17,025
Liabilities
Current
Operating	Other accrued liabilities ⁽¹⁾		$	4,863			$	5,122
Finance	Other accrued liabilities ⁽¹⁾			7,981				11
Noncurrent
Operating	Long-term lease liabilities			12,509				13,160
Finance	Long-term lease liabilities			11				15
Total lease liabilities			$	25,364			$	18,308

Weighted-average remaining lease term (years)
Operating leases				5.4				5.5
Finance leases				0.3				1.7

Weighted-average discount rate
Operating leases				6.4	%			6.4	%
Finance leases				2.7	%			4.0	%

Lease, Cost [Table Text Block]

		Three Months Ended
(in thousands)		March 30, 2024				April 1, 2023
Operating leases		$	1,618			$	1,679
Variable lease expense			570				559
Short-term operating leases			1				6
Finance leases
Amortization of leased assets			21				26
Interest on lease liabilities			53				-
Sublease income			(3	)			(10	)
Net lease cost		$	2,260			$	2,260

Lessee, Lease, Liability, Maturity [Table Text Block]

		Operating				Finance
(in thousands)		leases				leases				Total
2024		$	4,410			$	8,038			$	12,448
2025			5,451				11				5,462
2026			2,809				3				2,812
2027			1,587				-				1,587
2028			1,270				-				1,270
Thereafter			5,538				-				5,538
Total lease payments			21,065				8,052				29,117
Less: Interest			(3,693	)			(60	)			(3,753	)
Present value of lease liabilities		$	17,372			$	7,992			$	25,364

Lease, Cash Flow Information [Table Text Block]

		Three Months Ended
(in thousands)		March 30, 2024				April 1, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	1,670			$	1,675
Financing cash flows from finance leases		$	8			$	24
Leased assets obtained in exchange for new finance lease liabilities		$	8,844			$	-
Leased assets obtained in exchange for new operating lease liabilities		$	1,049			$	95
Financing lease assets acquired in MCT acquisition		$	-			$	19
Operating lease assets acquired in MCT acquisition		$	-			$	130