Lease Commitments (Tables)

6 Months Ended

Jun. 29, 2019

The following table presents the classification of ROU assets and lease liabilities as of June 29, 2019:



Leases (in thousands)	Condensed Consolidated Balance Sheet Classification	June 29, 2019
Assets
Operating ROU assets	Right of use lease assets, net	$	23,280
Liabilities
Current operating lease liabilities	Accrued liabilities	$	7,349
Non-current operating lease liabilities	Non-current operating lease liabilities	18,643
Total lease liabilities		$	25,992



Other Information (in thousands)	Six Months Ended June 29, 2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flow payments for operating leases	$	(4,463	)
Leased assets obtained in exchange for operating lease liabilities	1,510

The following table represents the lease costs for the three and six months ended June 29, 2019:



Leases cost (in thousands)	Condensed Consolidated Statements of Net Income Classification	Three Months Ended June 29, 2019		Six Months Ended June 29, 2019
Short-term lease expenses	Cost of sales, SG&A expenses	$	148	$	301
Variable lease expenses	Cost of sales, SG&A expenses	187		381
Operating lease rent expenses	Cost of sales, SG&A expenses	2,215		4,408
Total operating lease costs	Cost of sales, SG&A expenses	$	2,550	$	5,090



Maturity of Lease Liabilities as of June 29, 2019 (in thousands)	Operating leases
2019 (excluding the six months ended June 29, 2019)	$	4,476
2020	7,594
2021	5,861
2022	4,829
2023	3,190
2024 and thereafter	3,147
Total lease payments	$	29,097

Present value of lease liabilities	$	25,992



Operating Lease Term and Discount Rate	June 29, 2019
Weighted-average remaining lease term (years)	4.26
Weighted-average discount rate	5.17	%