Leases (Tables)
|
9 Months Ended |
Oct. 02, 2021 |
|---|
| Leases [Abstract] |
|
| Summary of ROU Assets and Liabilities |
The following is a summary of the Company's ROU assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
October 2, 2021 |
|
December 31, 2020 |
|
|
| Operating Leases: |
|
|
|
|
|
| Operating Right-of-Use Assets, Gross |
$ |
30,324 |
|
|
$ |
28,678 |
|
|
|
| Less Accumulated Right-of-Use Asset Impairment |
1,710 |
|
|
1,710 |
|
|
|
| Less Accumulated Amortization |
11,029 |
|
|
8,015 |
|
|
|
| Operating Right-of-Use Assets, Net |
$ |
17,585 |
|
|
$ |
18,953 |
|
|
|
| Short-term Operating Lease Liabilities |
$ |
7,124 |
|
|
$ |
4,998 |
|
|
|
| Long-term Operating Lease Liabilities |
13,314 |
|
|
16,637 |
|
|
|
| Operating Lease Liabilities |
$ |
20,438 |
|
|
$ |
21,635 |
|
|
|
|
|
|
|
|
|
| Finance Leases: |
|
|
|
|
|
| Finance Right-of-Use Assets, Gross |
$ |
177 |
|
|
$ |
3,484 |
|
|
|
| Less Accumulated Amortization |
83 |
|
|
2,039 |
|
|
|
| Finance Right-of-Use Assets, Net — Included in Other Assets |
$ |
94 |
|
|
$ |
1,445 |
|
|
|
Short-term Finance Lease Liabilities — Included in Accrued Expenses and Other Current Liabilities |
$ |
94 |
|
|
$ |
2,081 |
|
|
|
Long-term Finance Lease Liabilities — Included in Other Liabilities |
2 |
|
|
734 |
|
|
|
| Finance Lease Liabilities |
$ |
96 |
|
|
$ |
2,815 |
|
|
|
|
| Summary of Lease Costs and Cash Paid |
The following is a summary of the Company's total lease costs:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended |
|
Three Months Ended |
| (In thousands) |
October 2, 2021 |
|
September 26, 2020 |
|
October 2, 2021 |
|
September 26, 2020 |
| Finance Lease Cost: |
|
|
|
|
|
|
|
| Amortization of Right-of-Use Assets |
$ |
550 |
|
|
$ |
765 |
|
|
$ |
23 |
|
|
$ |
255 |
|
| Interest on Lease Liabilities |
78 |
|
|
170 |
|
|
10 |
|
|
50 |
|
| Total Finance Lease Cost |
628 |
|
|
935 |
|
|
33 |
|
|
305 |
|
| Operating Lease Cost |
4,297 |
|
|
3,957 |
|
|
1,614 |
|
|
1,314 |
|
| Right-of-Use Asset Impairment |
— |
|
|
691 |
|
|
— |
|
|
— |
|
| Variable Lease Cost |
1,135 |
|
|
1,010 |
|
|
390 |
|
|
377 |
|
| Short-term Lease Cost (excluding month-to-month) |
104 |
|
|
155 |
|
|
28 |
|
|
41 |
|
| Less Sublease and Rental (Income) Expense |
(943) |
|
|
(1,085) |
|
|
(321) |
|
|
(348) |
|
| Total Operating Lease Cost |
4,593 |
|
|
4,728 |
|
|
1,711 |
|
|
1,384 |
|
| Total Net Lease Cost |
$ |
5,221 |
|
|
$ |
5,663 |
|
|
$ |
1,744 |
|
|
$ |
1,689 |
|
|
| Summary of Maturity of Lease Liabilities, Operating Leases |
The following is a summary of the Company's maturity of lease liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
Operating Leases |
|
Finance Leases |
Remainder of 2021 |
|
$ |
1,876 |
|
|
$ |
24 |
|
2022 |
|
7,299 |
|
|
73 |
|
2023 |
|
3,813 |
|
|
— |
|
2024 |
|
2,886 |
|
|
— |
|
2025 |
|
2,807 |
|
|
— |
|
| Thereafter |
|
3,360 |
|
|
— |
|
| Total Lease Payments |
|
22,041 |
|
|
97 |
|
| Less: Interest |
|
1,603 |
|
|
1 |
|
| Total Lease Liability |
|
$ |
20,438 |
|
|
$ |
96 |
|
|
| Summary of Maturity of Lease Liabilities, Financing Leases |
The following is a summary of the Company's maturity of lease liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (In thousands) |
|
Operating Leases |
|
Finance Leases |
Remainder of 2021 |
|
$ |
1,876 |
|
|
$ |
24 |
|
2022 |
|
7,299 |
|
|
73 |
|
2023 |
|
3,813 |
|
|
— |
|
2024 |
|
2,886 |
|
|
— |
|
2025 |
|
2,807 |
|
|
— |
|
| Thereafter |
|
3,360 |
|
|
— |
|
| Total Lease Payments |
|
22,041 |
|
|
97 |
|
| Less: Interest |
|
1,603 |
|
|
1 |
|
| Total Lease Liability |
|
$ |
20,438 |
|
|
$ |
96 |
|
|