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Employee Benefit Plans (Tables)
12 Months Ended
Jun. 28, 2024
Retirement Benefits [Abstract]  
Schedule of Expected Benefit Payments
The following table reflects the total pension benefits expected to be paid from the Plan, which is funded from contributions by participants and the Company.
Fiscal Year Total
2025$788 
2026935 
2027969 
20281,312 
20291,463 
Thereafter (next 5 years)6,314 
Total$11,781 
Schedule of Net Benefit Costs
The following table outlines the components of net periodic benefit cost of the Plan for the fiscal years ended June 28, 2024 and June 30, 2023:
Fiscal Years Ended
 June 28, 2024June 30, 2023
Service cost$965 $1,068 
Interest cost481 463 
Expected return on assets(400)(379)
Amortization of prior service cost(203)(203)
Amortization net of loss(18)— 
Settlement loss recognized(354)(509)
Net periodic benefit cost$471 $440 
Schedule of Assumptions Used
The following table reflects the related actuarial assumptions used to determine net periodic benefit cost of the Plan for the fiscal years ended June 28, 2024 and June 30, 2023:
Fiscal Years Ended
 June 28, 2024June 30, 2023
Discount rate1.30 %1.95 %
Expected rate of return on Plan assets1.30 %1.95 %
Expected inflation1.20 %1.00 %
Rate of compensation increases2.50 %1.50 %
Schedule of Changes in Projected Benefit Obligations The following table presents the change in projected benefit obligation for the periods presented:
Fiscal Years Ended
 June 28, 2024June 30, 2023
Projected benefit obligation, beginning$24,710 $25,509 
Service cost965 1,068 
Interest cost481 463 
Employee contributions1,235 1,439 
Actuarial (loss) gain629 (516)
Benefits paid(881)(246)
Settlements (5,239)(4,770)
Plan amendment20 — 
Foreign exchange (gain) loss(42)1,763 
Projected benefit obligation at end of year$21,878 $24,710 
Schedule of Changes in Fair Value of Plan Assets
The following table presents the change in Plan assets for the periods presented:
Fiscal Years Ended
 June 28, 2024June 30, 2023
Fair value of Plan assets, beginning$20,559 $20,849 
Actual return on Plan assets246 700 
Company contributions988 1,158 
Employee contributions1,235 1,439 
Benefits paid(881)(246)
Settlements(5,239)(4,770)
Foreign exchange (loss) gain(35)1,429 
Fair value of Plan assets at end of year$16,873 $20,559 
Schedule of Net Funded Status
The following table presents the Company's reconciliation of funded status for the period presented:
As of
June 28, 2024June 30, 2023
Projected benefit obligation at end of year$21,878 $24,710 
Fair value of plan assets at end of year16,873 20,559 
Funded status$(5,005)$(4,151)