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Property, plant and equipment, net
 12 Months Ended
Jun. 28, 2024
Property, Plant and Equipment [Abstract]  
Property, plant and equipment, net Property, plant and equipment, net
The components of property, plant and equipment, net were as follows:
(in thousands)Land and
Land
Improvements		Building
and
Building
Improvements		Manufacturing
Equipment		Office
Equipment		Motor
Vehicles		ComputersConstruction
and
Machinery
Under
Installation		Total
As of June 28, 2024
Cost$61,297 $208,731 $316,867 $6,500 $1,101 $27,660 $12,243 $634,399 
Less: Accumulated depreciation(328)(82,964)(216,667)(5,521)(870)(20,520)— (326,870)
Less: Impairment reserve— — (289)— — — — (289)
Net book value$60,969 $125,767 $99,911 $979 $231 $7,140 $12,243 $307,240 
As of June 30, 2023
Cost$60,424 $200,039 $289,390 $6,362 $1,081 $24,951 $15,450 $597,697 
Less: Accumulated depreciation(71)(73,558)(189,284)(5,136)(852)(17,873)— (286,774)
Less: Impairment reserve— — (573)— — — — (573)
Net book value$60,353 $126,481 $99,533 $1,226 $229 $7,078 $15,450 $310,350 
Depreciation expense amounted to $48.2 million, $42.5 million and $37.2 million for the years ended June 28, 2024, June 30, 2023 and June 24, 2022, respectively, and has been allocated between cost of revenues and selling, general and administrative expenses in the consolidated statements of operations and comprehensive income.
The cost of fully depreciated property, plant and equipment written-off during the years ended June 28, 2024, June 30, 2023 and June 24, 2022 amounted to $10.7 million, $16.5 million and $25.1 million, respectively.
As of June 28, 2024, June 30, 2023 and June 24, 2022, the Company recognized impairment reserves for property, plant and equipment of $0.3 million, $0.6 million and $0.6 million, respectively.
During the year ended June 28, 2024, no borrowing costs capitalized, and during the year ended June 30, 2023, the Company had a de minimis amount of borrowing costs capitalized. During year ended June 24, 2022, the Company had capitalized $0.9 million of borrowing cost.