Leases

12 Months Ended

Dec. 30, 2023

Leases [Abstract]

Leases

Leases

The Company leases certain facilities, vehicles, and equipment which expire on various dates through 2041. The following table includes supplemental information with regards to the Company’s operating leases:

(In thousands, except lease term and discount rate)	2023			2022
Operating lease right-of-use assets	$	35,170		$	22,892
Current portion of operating lease liabilities	7,893			4,942
Noncurrent operating lease liabilities	26,683			16,880
Total operating lease liabilities	$	34,576		$	21,822
Weighted average discount rate	3.55		%	3.35		%
Weighted average remaining lease term (in years)	5.24			6.03

Some of the Company’s leases include variable lease costs such as taxes, insurance, etc. These costs are immaterial for disclosure.

The following table presents certain information related to operating lease costs and cash paid during the period:

	For the Year Ended
(In thousands)	December 30, 2023		December 31, 2022
Operating lease costs	$	9,705	$	8,220
Short term lease costs	3,843		4,086
Total lease costs	$	13,548	$	12,306
Cash paid for amounts included in the measurement of lease liabilities	$	9,276	$	7,787

Maturities of the Company’s operating leases are as follows:

(In thousands)	Amount
2024	$	8,909
2025	8,124
2026	7,110
2027	6,210
2028	3,222
2029 and thereafter	4,646
Total lease payments	38,221
Less imputed interest	(3,645)
Total lease obligations	34,576
Less current obligations	(7,893)
Noncurrent lease obligations	$	26,683