Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Components of lease expense

The components of lease expense are as follows:

(In thousands)	December 31, 2022		January 1, 2022		January 2, 2021
Operating Lease Cost	$	5,870	$	5,895	$	5,602
Short-Term Lease Cost	697		674		671
Finance Lease Cost:
ROU asset amortization	1,026		1,045		1,157
Interest on lease liabilities	52		46		74
Total Finance Lease Cost	1,078		1,091		1,231
Total Lease Costs	$	7,645	$	7,660	$	7,504

Supplemental cash flow information related to leases is as follows:

(In thousands)	December 31, 2022		January 1, 2022		January 2, 2021
Cash Paid for Amounts Included in the Measurement of Lease Liabilities:
Operating cash flows from operating leases	$	6,159	$	12,474	$	5,782
Operating cash flows from finance leases	$	51	$	46	$	74
Financing cash flows from finance leases	$	1,002	$	1,044	$	1,139
ROU Assets Obtained in Exchange for Lease Obligations:
Operating leases	$	4,002	$	7,247	$	2,560
Finance leases	$	1,468	$	1,147	$	622

Supplemental balance sheet information

Supplemental balance sheet information related to leases is as follows:

(In thousands)	Balance Sheet Line Item	December 31, 2022		January 1, 2022
Operating Leases:
ROU assets	Other current assets	$	—	$	2,341
ROU assets	Other assets	22,642		24,998
Total operating lease assets		$	22,642	$	27,339
Short-term liabilities	Other current liabilities	$	4,458	$	4,596
Long-term liabilities	Other long-term liabilities	17,817		19,959
Total operating lease liabilities		$	22,275	$	24,555
Finance Leases:
ROU assets, at cost	Property, plant, and equipment, at cost	$	3,901	$	4,076
ROU assets accumulated amortization	Accumulated depreciation and amortization	(1,994)		(2,489)
ROU assets, net	Property, plant, and equipment, net	$	1,907	$	1,587
Short-term obligations	Short-term obligations and current maturities of long-term obligations	$	981	$	862
Long-term obligations	Long-term obligations	959		748
Total finance lease liabilities		$	1,940	$	1,610

	December 31, 2022		January 1, 2022
Weighted Average Remaining Lease Term (in years):
Operating leases	8.0		8.7
Finance leases	2.2		2.1
Weighted Average Discount Rate:
Operating leases	3.88	%	3.82	%
Finance leases	3.79	%	2.55	%

Future lease payments for operating lease liabilities

As of December 31, 2022, future lease payments for lease liabilities are as follows:

	Operating		Finance
(In thousands)	Leases		Leases
2023	$	5,220	$	1,036
2024	4,247		685
2025	3,086		301
2026	2,312		3
2027	1,989		—
2028 and Thereafter	9,338		—
Total Future Lease Payments	26,192		2,025
Less: Imputed Interest	(3,917)		(85)
Present Value of Lease Payments	$	22,275	$	1,940

Future lease payments for finance lease liabilities

As of December 31, 2022, future lease payments for lease liabilities are as follows:

	Operating		Finance
(In thousands)	Leases		Leases
2023	$	5,220	$	1,036
2024	4,247		685
2025	3,086		301
2026	2,312		3
2027	1,989		—
2028 and Thereafter	9,338		—
Total Future Lease Payments	26,192		2,025
Less: Imputed Interest	(3,917)		(85)
Present Value of Lease Payments	$	22,275	$	1,940