Leases (Tables)

3 Months Ended

Apr. 01, 2022

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):

	April 1, 2022			December 31, 2021
Machinery and equipment	$	33		$	35
Computer equipment and software		19			506
Furniture and fixtures		475			475
Finance lease right-of-use assets, gross		527			1,016
Less accumulated depreciation		(66	)		(510	)
Finance lease right-of-use assets, net	$	461		$	506
Total finance lease liability	$	489		$	509
Weighted-average remaining lease term (in years)		3.0			3.2
Weighted-average discount rate		4.06	%		4.02	%

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
	April 1, 2022		April 2, 2021
Amortization of finance lease right-of-use asset	$	43	$	36
Interest on finance lease liabilities		3		4
Cash paid for amounts included in the measurement of finance lease liabilities:
Operating cash flows		3		4
Financing cash flows		18		235

Supplemental Balance Sheet Information Related to Operating Leases

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

	April 1, 2022			December 31, 2021
Machinery and equipment	$	808		$	760
Computer equipment and software		472			472
Real property		34,911			34,426
Operating lease right-of-use assets, gross		36,191			35,658
Less accumulated depreciation		(5,161	)		(4,348	)
Operating lease right-of-use assets, net	$	31,030		$	31,310
Total operating lease liability	$	31,370		$	31,552
Weighted-average remaining lease term (in years)		7.5			7.8
Weighted-average discount rate		3.59	%		3.56	%

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
	April 1, 2022		April 2, 2021
Operating lease cost	$	1,138	$	783
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows		932		785
Right-of-use assets obtained in exchange for new operating lease liabilities		675		651

Schedule of Maturities of Lease Liabilities under Operating and Finance Leases Having Initial or Remaining Non-Cancelable Lease Terms More Than One Year

Maturities of lease liabilities under operating and finance leases having initial or remaining non-cancelable lease terms more than one year as of April 1, 2022 is as follows (in thousands):

As of April 1, 2022 12 Months Ended	Operating Leases			Finance Leases
March 2023	$	5,266		$	168
March 2024		5,521			183
March 2025		4,918			170
March 2026		3,703			—
March 2027		3,634			—
Thereafter		13,211			—
Total future minimum lease payments	$	36,253		$	521
Less amounts representing interest		(4,883	)		(32	)
Present value of future minimum lease payments	$	31,370		$	489
Current lease obligations		(3,608	)		(151	)
Long-term lease obligations	$	27,762		$	338