XML 48 R34.htm IDEA: XBRL DOCUMENT v3.21.2
Leases (Tables)
12 Months Ended
Jul. 02, 2021
Leases [Abstract]  
Summary of Supplemental Balance Sheet Information
Supplemental operating lease balance sheet information is summarized as follows:
As ofAs of
July 2, 2021July 3, 2020
Operating lease right-of-use assets$66,373 $60,613 
Accrued expenses(1)
$10,020 $6,950 
Operating lease liabilities71,508 66,981 
Total operating lease liabilities$81,528 $73,931 
    (1) The short term portion of the Operating lease liabilities is included within Accrued expenses on the Consolidated Balance Sheet.
Other supplemental operating lease information is summarized as follows:
For the Fiscal Year EndedFor the Fiscal Year Ended
July 2, 2021July 3, 2020
Cash paid for amounts included in the measurement of operating lease liabilities
$7,923 $6,929 
Right-of-use assets obtained in exchange for new lease liabilities
$15,076 $19,942 
Weighted average remaining lease term8.2 years9.3 years
Weighted average discount rate4.66 %4.91 %
Schedule of Operating Lease Maturity
Maturities of operating lease commitments as of July 2, 2021 were as follows:
Fiscal YearTotals
2022$13,626 
202312,997 
202412,137 
202511,571 
20269,682 
Thereafter40,017 
Total lease payments100,030 
Less: imputed interest(18,502)
Present value of operating lease liabilities$81,528 
Minimum Lease Payments under Non Cancelable Operating Leases
As previously disclosed in the Company's Annual Report on Form 10-K for the fiscal year ended July 3, 2020, maturities of operating lease commitments 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