Property and Equipment

3 Months Ended

Oct. 02, 2026

Property, Plant and Equipment [Abstract]

Property and equipment, net consisted of the following:


	Estimated Useful Lives (Years)	As of
		October 2, 2026		July 3, 2026
Computer equipment and software	3-4	$	162,346	$	160,411
Furniture and fixtures	5	11,661		11,692
Leasehold improvements	lesser of estimated useful life or lease term	74,095		73,780
Machinery and equipment	5-10	215,617		207,724

		463,719		453,607
Less: accumulated depreciation		(353,399)		(345,194)
Property and equipment, net		$	110,320	$	108,413

The $1,907 increase in property and equipment, net was primarily due to capital expenditures of $10,413 and offset by depreciation expense.

During the three months ended October 2, 2026 and September 26, 2025, the Company retired an immaterial amount of its property and equipment that were no longer in use by the Company.

Depreciation expense related to property and equipment for the first quarters ended October 2, 2026 and September 26, 2025 was $8,486 and $8,654, respectively.