Debt

3 Months Ended

Oct. 02, 2026

Debt Disclosure [Abstract]

Debt

Debt

REVOLVING CREDIT FACILITY

The Company has a five year revolving credit facility (the "Revolver") that matures on November 4, 2030. The borrowing capacity as defined under the Revolver as of October 2, 2026 is $850,000 less outstanding borrowings of $341,500 and outstanding letters of credit of $6,245. During the first quarter ended October 2, 2026, the Company made repayments of $100,000 and no additional borrowings. As of October 2, 2026, the Company was in compliance with all covenants and conditions under the Revolver. The Company incurred interest expense of $5,406 and $7,886 for the first quarters ended October 2, 2026 and September 26, 2025, respectively.

On November 4, 2025, the Company entered into Amendment No. 7 to the Revolver. This amendment extended the maturity date of the credit facility by five years to November 4, 2030 with a borrowing capacity of $850,000. Refer to Exhibit 10.1 on Form 8-K filed by the Company with the SEC on November 4, 2025.

As of October 2, 2026, the Company's outstanding balance of unamortized deferred financing costs was $4,204, which is being amortized to Other expense, net in the Consolidated Statements of Operations and Comprehensive Income (Loss) on a straight line basis over the term of the Revolver.