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Lease Commitments (Tables)
3 Months Ended
Mar. 28, 2020
Leases [Abstract]  
Supplemental balance sheet information related to leases
The following table presents the classification of ROU assets and lease liabilities at March 28, 2020 and December 28, 2019:
Leases
(in thousands)
Condensed Consolidated Balance Sheet Classification
March 28, 2020
December 28, 2019
Assets
 
 
 
Operating ROU assets
Right of use lease assets, net
$
20,611

$
21,918

Liabilities
 
 
 
Current operating lease liabilities
Accrued liabilities
$
7,073

$
7,259

Non-current operating lease liabilities
Non-current operating lease liabilities
$
15,960

$
17,166

Total lease liabilities
 
$
23,033

$
24,425













Components of lease expense and supplemental cash flow information
Other Information
(in thousands)
Three Months Ended
March 28, 2020
Cash paid for amounts included in the measurement of lease liabilities
 
Operating cash flow payments for operating leases
$
(2,242
)
Leased assets obtained in exchange for operating lease liabilities
848


The following table represents the lease costs for the three months ended March 28, 2020 and March 30, 2019:
Leases cost
(in thousands)
Condensed Consolidated Statements of Net Income Classification
Three Months Ended March 28, 2020
Three Months Ended
March 30, 2019
Short-term lease expenses
Cost of sales, SG&A expenses
$
117

$
153

Variable lease expenses
Cost of sales, SG&A expenses
318

194

Operating lease rent expenses
Cost of sales, SG&A expenses
2,173

2,193

Total operating lease costs
Cost of sales, SG&A expenses
$
2,608

$
2,540


Maturities of lease liabilities
Maturity of Lease Liabilities as of March 28, 2020
(in thousands)
Operating leases
2020 (excluding the three months ended March 28, 2020)
$
6,156

2021
6,620

2022
5,341

2023
3,590

2024
3,177

2025 and thereafter
498

Total lease payments
$
25,382

 
 
Present value of lease liabilities
$
23,033


Operating lease term and discount rate
Operating Lease Term and Discount Rate
March 28, 2020
Weighted-average remaining lease term (years)
3.90

Weighted-average discount rate
5.04
%