Leases (Tables)

9 Months Ended

Oct. 02, 2020

Leases [Abstract]

Supplemental Balance Sheet Information Related to Finance Leases

Supplemental balance sheet information related to finance leases consisted of the following (dollars in thousands):

	October 2, 2020			January 3, 2020
Machinery and equipment	$	569		$	1,885
Computer equipment and software		827			912
Furniture and fixtures		—			102
Leasehold improvements		—			27
Finance lease right-of-use assets, gross		1,396			2,926
Less accumulated depreciation		756			1,059
Finance lease right-of-use assets, net	$	640		$	1,867
Total finance lease liability	$	495		$	926
Weighted-average remaining lease term (in years)		1.0			1.1
Weighted-average discount rate		3.71	%		6.17	%

Supplemental Cash Flow Information Related to Finance Leases

Supplemental cash flow information related to finance leases consisted of the following (dollars in thousands):

	Three Months Ended				Nine Months Ended
	October 2, 2020		September 27, 2019		October 2, 2020		September 27, 2019
Amortization of finance lease right-of-use asset	$	48	$	141	$	215	$	447
Interest on finance lease liabilities		7		17		25		58
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		7		17		25		58
Financing cash flows		109		317		455		998
Right-of-use assets obtained in exchange for new finance lease liabilities		—		—		22		679

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases consisted of the following (dollars in thousands):

	October 2, 2020			January 3, 2020
Machinery and equipment	$	845		$	765
Computer equipment and software		462			462
Real property		14,115			11,116
Operating lease right-of-use assets, gross		15,422			12,343
Less accumulated depreciation		7,697			5,659
Operating lease right-of-use assets, net	$	7,725		$	6,684
Total operating lease liability	$	7,786		$	6,786
Weighted-average remaining lease term (in years)		5.5			2.3
Weighted-average discount rate		2.49	%		1.82	%

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases was as follows (dollars in thousands):

	Three Months Ended				Nine Months Ended
	October 2, 2020		September 27, 2019		October 2, 2020		September 27, 2019
Operating lease cost	$	752	$	726	$	2,238	$	2,020
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		780		739		2,281		2,031
Right-of-use assets obtained in exchange for new operating lease liabilities		2,842		140		3,160		2,797

Schedule of Estimated Future Minimum Lease Payments under Operating and Finance Leases Having Initial or Remaining Non-Cancelable Lease Terms More Than One Year

Estimated future minimum lease payments under operating and finance leases having initial or remaining non-cancelable lease terms more than one year as of October 2, 2020 is as follows (in thousands):

As of October 2, 2020 12 Months Ended	Operating Leases		Finance Leases
September 2021	$	2,374	$	433
September 2022		1,632		51
September 2023		1,404		15
September 2024		896		8
September 2025		637		—
Thereafter		1,228		—
Total minimum lease payments, including interest	$	8,171	$	507
Less amounts representing interest		385		12
Total minimum lease payments	$	7,786	$	495