XML 22 R12.htm IDEA: XBRL DOCUMENT v3.25.1
Restructuring
9 Months Ended
Mar. 28, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
On January 29, 2025, the Company approved and initiated workforce reductions that eliminated approximately 145 positions resulting in an additional $4,931 of severance costs for the three months ended March 28, 2025. During the nine months ended March 28, 2025, the Company incurred $7,231 of severance costs.
The Company incurs restructuring and other charges in connection with management's decision to undertake certain actions to realign operating expenses through workforce reductions and the closure of certain Company facilities, businesses and product lines. All of the restructuring and other charges are classified as Operating expenses in the Consolidated Statements of Operations and Comprehensive Loss and any remaining restructuring obligations are expected to be paid within the next twelve months. The restructuring liability is classified as Accrued expenses in the Consolidated Balance Sheets.
The following table presents the detail of charges included in the Company’s liability for restructuring and other charges:
Severance & Related
Balance at June 28, 2024$8,758 
Restructuring charges7,231 
Cash paid(12,913)
Balance at March 28, 2025$3,076