Property and Equipment

12 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following:


	Estimated Useful Lives (Years)	As of
		June 30, 2023		July 1, 2022
Computer equipment and software	3-4	$	125,297	$	113,930
Furniture and fixtures	5	20,729		19,958
Leasehold improvements	lesser of estimated useful life or lease term	70,305		66,117
Machinery and equipment	5-10	136,504		117,073

		352,835		317,078
Less: accumulated depreciation		(233,281)		(189,887)
Property and equipment, net		$	119,554	$	127,191

The $7,637 decrease in property and equipment, net was primarily due to depreciation expense and was partially offset by current year additions. During fiscal 2023 and 2022, the Company retired $1,056 and $805, respectively, of computer equipment and software, furniture, and fixtures, leasehold improvements, and machinery and equipment that were no longer in use by the Company.

Depreciation expense related to property and equipment for the fiscal years ended June 30, 2023, July 1, 2022 and July 2, 2021 was $43,777, $33,150 and $25,912, respectively.