Property and Equipment

12 Months Ended

Jun. 28, 2024

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following:


	Estimated Useful Lives (Years)	As of
		June 28, 2024		June 30, 2023
Computer equipment and software	3-4	$	138,366	$	125,297
Furniture and fixtures	5	21,694		20,729
Leasehold improvements	lesser of estimated useful life or lease term	72,420		70,305
Machinery and equipment	5-10	150,991		136,504

		383,471		352,835
Less: accumulated depreciation		(273,118)		(233,281)
Property and equipment, net		$	110,353	$	119,554

The $9,201 decrease in Property and equipment, net was primarily due to depreciation expense and was partially offset by current year additions. During fiscal 2024 and 2023, the Company retired $1,308 and $1,056, 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 28, 2024, June 30, 2023 and July 1, 2022 was $40,369, $43,777 and $33,150, respectively.