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Leases
 12 Months Ended
Jul. 03, 2020
Leases [Abstract]  
Leases LeasesThe Company enters into lease arrangements to facilitate its operations, including manufacturing, storage, as well as engineering, sales, marketing, and administration resources. As described in Note B to the consolidated financial statements, effective July 1, 2019, the Company adopted ASC 842 using the optional transition method and, as a result, did not recast prior period unaudited consolidated comparative financial statements. As such, all prior period amounts and disclosures are presented under ASC 840, Leases (Topic 840). Finance leases are not material to the Company's consolidated financial statements and therefore are excluded from the following disclosures.
SUPPLEMENTAL BALANCE SHEET INFORMATION
Supplemental operating lease balance sheet information is summarized as follows:
As of
July 3, 2020
Operating lease right-of-use assets$60,613 
Accrued expenses(1)
$6,950 
Operating lease liabilities66,981 
Total operating lease liabilities$73,931 
        (1) The short term portion of the Operating lease liabilities is included within Accrued expenses on the Consolidated Balance Sheet.
OTHER SUPPLEMENTAL INFORMATION
Other supplemental operating lease information is summarized as follows:
For the Fiscal Year Ended
July 3, 2020
Cash paid for amounts included in the measurement of operating lease liabilities
$6,929 
Right-of-use assets obtained in exchange for new lease liabilities
$19,942 
Weighted average remaining lease term9.3 years
Weighted average discount rate4.91 %
MATURITIES OF LEASE COMMITMENTS
Maturities of operating lease commitments as of July 3, 2020 were as follows:
Fiscal YearTotals
2021$9,572 
202210,741 
202310,272 
20249,333 
20259,356 
Thereafter44,763 
Total lease payments94,037 
Less: imputed interest(20,106)
Present value of operating lease liabilities$73,931 
        
As previously disclosed in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2019, future minimum lease payments for non-cancelable operating leases were as follows:
Fiscal YearTotals
2020$10,205 
20218,949 
20228,280 
20237,414 
20246,496 
Thereafter28,286 
Total minimum lease payments$69,630 
During fiscal 2020 and 2019, the Company recognized operating lease expense of $10,029 and $8,710, respectively. There were no material restrictions, covenants, sale and leaseback transactions, variable lease payments or residual value guarantees imposed by the Company's leases at July 3, 2020.