|12 Months Ended|
Jan. 01, 2022
|Operating Leases||Operating Leases
The Company is party to various leases all of which are illustrated in the table below:
The Company also leases certain equipment under various noncancellable operating lease agreements expiring through 2024.
Total rent expense under operating leases was approximately $6,771 and $5,533 for the years ended January 1, 2022 and December 26, 2020, respectively. Rent expense of approximately $122 and $211 was recognized for the years ended January 1, 2022 and December 26, 2020, respectively, in excess of cash paid for straight-line rent considerations. This amount is included in deferred rent as a part of other long-term liabilities at year-end.
Future minimum lease payments under these noncancellable operating leases are as follows:
The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.
Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef