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Leases (Tables)
12 Months Ended
Sep. 24, 2021
Leases [Abstract]  
Lease Cost Components, Supplemental Cash Flow Information and Supplemental Balance Sheet Information Schedules The components of lease expense were as follows (in thousands):
Fiscal Year Ended
September 24,
2021
September 25,
2020
Lease cost
Operating lease cost$19,261 $23,570 
Variable lease cost755 1,175 
Total lease cost$20,016 $24,745 
Supplemental cash flow information related to leases was as follows (in thousands):
Fiscal Year Ended
September 24,
2021
September 25,
2020
Other information
Cash paid for amounts included in the measurement of operating lease liabilities$19,173 $22,043 
Right-of-use assets obtained in exchange for operating lease obligations5,225 34,198 
Supplemental balance sheet information related to leases was as follows:
September 24,
2021
September 25,
2020
Operating Leases
Weighted-average remaining lease term5.8 years6.5 years
Weighted-average discount rate3.1 %3.1 %
The components of lease income were as follows (in millions):
Fiscal Year Ended
September 24,
2021
September 25,
2020
Operating Lease Income
Variable operating lease income$9.5 $10.4 
Fixed operating lease income4.2 3.7 
Maturities of Lessee Lease Liabilities after Adoption of 842 Schedule The following tables presents the maturity analysis of lease liabilities (in thousands):
September 24, 2021
Operating Leases
Fiscal 2022$17,767 
Fiscal 202316,173 
Fiscal 202413,617 
Fiscal 20259,531 
Fiscal 20265,973 
Thereafter17,128 
Total undiscounted lease payments80,189 
Less: imputed interest(8,071)
Total lease liabilities$72,118 
Maturities of Lessor Operating Lease Payments Schedule The following table presents the maturity analysis of fixed lease payments due to Dolby (in thousands):
September 24, 2021
Operating LeasesSales-Type Leases
Fiscal 2022$2,524 $1,624 
Fiscal 20232,452 1,623 
Fiscal 2024889 810 
Fiscal 2025212 397 
Fiscal 2026— 396 
Thereafter— — 
Total undiscounted cash flows$6,077 4,850 
Less: present value of lease payments (recognized as lease receivables)(3,766)
Difference$1,084 
Maturities of Lessor Sales-Type Lease Payments Schedule The following table presents the maturity analysis of fixed lease payments due to Dolby (in thousands):
September 24, 2021
Operating LeasesSales-Type Leases
Fiscal 2022$2,524 $1,624 
Fiscal 20232,452 1,623 
Fiscal 2024889 810 
Fiscal 2025212 397 
Fiscal 2026— 396 
Thereafter— — 
Total undiscounted cash flows$6,077 4,850 
Less: present value of lease payments (recognized as lease receivables)(3,766)
Difference$1,084