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

9 Months Ended

Sep. 28, 2019

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Components of Lease Expense

The components of lease expense for the three and nine months ended September 28, 2019 were as follows (in thousands):

	Three Months		Nine Months
	Ended		Ended
	September 28, 2019		September 28, 2019
Operating lease expense	$	925	$	2,696

Summary of Other Information Related to Leases

Other information related to leases as of and for the nine months ended September 28, 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	$	2,553
Right of use assets recognized in exchange for operating lease liabilities		779
Imputed interest - operating leases		381
Weighted average remaining lease term - operating leases (months)		53
Weighted average discount rate - operating leases (per annum)		4.91	%

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 September 28, 2019 (in thousands):

Fiscal year	Amount
2019 (remainder)	$	847
2020		2,968
2021		2,109
2022		1,540
2023		1,246
Thereafter		2,705
Total future minimum lease payments		11,415
Less: future interest		(1,449	)
Total	$	9,966
Reported as of September 28, 2019
Operating lease liability - short term	$	2,773
Operating lease liability - long term		7,193
Total	$	9,966

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