XML 55 R36.htm IDEA: XBRL DOCUMENT v3.20.4
Lease Commitments (Tables)
12 Months Ended
Dec. 26, 2020
Leases [Abstract]  
Supplemental balance sheet information related to leases
The following table presents the classification of ROU assets and lease liabilities as of December 26, 2020 and December 28, 2019:
Leases
(in thousands)
Consolidated Balance Sheet ClassificationDecember 26, 2020December 28, 2019
Assets
Operating ROU assetsRight of use assets, net$17,615 $21,918 
Liabilities
Current operating lease liabilitiesAccrued liabilities$6,811 $7,259 
Non-current operating lease liabilitiesNon-current operating lease liabilities12,950 17,166 
Total lease liabilities$19,761 $24,425 
Components of lease expense and supplemental cash flow information The following table represents the lease costs for 2020 and 2019:
Leases cost
(in thousands)
Consolidated Statements of Net Income ClassificationFiscal Year Ended December 26, 2020Fiscal Year Ended December 28, 2019
Short-term lease expensesCost of sales, SG&A expenses$512 $562 
Variable lease expensesCost of sales, SG&A expenses1,307 916 
Operating lease rent expensesCost of sales, SG&A expenses8,591 8,664 
Total operating lease costsCost of sales, SG&A expenses$10,410 $10,142 
Operating Lease Term and Discount RateFiscal Year Ended December 26, 2020Fiscal Year Ended December 28, 2019
Weighted-average remaining lease term (years)3.414.05
Weighted-average discount rate5.06 %5.11 %

Cash Flow Information related to Leases
(in thousands)
Fiscal Year Ended December 26, 2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flow payments for operating leases$(8,929)
Leased assets obtained in exchange for operating lease liabilities2,862 
Maturities of lease liabilities
Maturity of Lease Liabilities as of December 26, 2020
(in thousands)
Operating leases
2021$7,660 
20226,162 
20233,952 
20243,350 
2025262 
2026 and thereafter302 
Total lease payments$21,688 
Present value of lease liabilities$19,761