Nature of Business, Basis of Presentation and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 29, 2019

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Components of Lease Expense

The components of lease expense for the three and six months ended June 29, 2019 were as follows (in thousands):

	Three Months		Six Months
	Ended		Ended
	June 29, 2019		June 29, 2019
Operating lease expense	$	924	$	1,771

Summary of Other Information Related to Leases

Other information related to leases as of and for the six months ended June 29, 2019 was as follows (in thousands, except as indicated):

Supplemental Cash Flows Information	Amount
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used by operating leases	$	1,582
Right of use assets recognized in exchange for operating lease liabilities		698
Imputed interest - operating leases		254
Weighted average remaining lease term - operating leases (months)		61
Weighted average discount rate - operating leases (per annum)		4.88	%

Summary of Maturity Analysis of Leases

The following table presents a maturity analysis of the Company’s leases (all of which are operating leases), showing the undiscounted annual cash flows for each of the periods presented with a reconciliation to the operating lease liabilities recognized in the Statement of Financial Position as of June 29, 2019 (in thousands):

Fiscal year	Amount
2019 (remainder)	$	1,833
2020		2,949
2021		2,096
2022		1,544
2023		1,249
Thereafter		2,706
Total future minimum lease payments		12,377
Less: future interest		(1,515	)
Total	$	10,862
Reported as of June 29, 2019
Operating lease liability - short term	$	2,845
Operating lease liability - long term		8,017
Total	$	10,862

Future Minimum Lease Payments

Future minimum lease payments as of December 29, 2018 for the leases then in effect, as reported under previous guidance, was as follows (in thousands):

Fiscal year	Amount
2019	$	3,002
2020		1,891
2021		1,051
2022		970
2023		750
Thereafter		696
Total	$	8,360