Quarterly report pursuant to Section 13 or 15(d)

Borrowings (Tables)

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Borrowings (Tables)
6 Months Ended
Jul. 04, 2015
Debt Disclosure [Abstract]  
Present Value of Net Minimum Payments on Capital Leases
The present value of the net minimum payments on capital leases as of July 4, 2015 was as follows (in thousands):
 
Total minimum lease payments
18,463

Less amount representing interest
(8,687
)
Present value of net minimum lease payments
9,776

Current portion of capital leases payable
(339
)
Capital leases payable, net of current portion
$
9,437

Capital lease commitments as of July 4, 2015 were as follows (in thousands):
 
2015
$
541

2016
1,043

2017
989

2018
995

2019
1,009

2020 onwards
13,886

Total minimum payments required
18,463

Less amount representing interest
(8,687
)
Present value of minimum capital lease payments
$
9,776