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Leases (Tables)
12 Months Ended
Jun. 26, 2022
Leases [Abstract]  
Components of Lease Expense
The components of lease expense were as follows for the years ended June 26, 2022, June 27, 2021, and June 28, 2020:
Year Ended
June 26,
2022
June 27,
2021
June 28,
2020
(in thousands)
Financing lease cost:
Amortization of right-of-use assets$7,439 $7,131 $3,613 
Interest on lease liabilities658 697 506 
Total finance lease cost$8,097 $7,828 $4,119 
Operating lease cost$69,250 $51,519 $46,101 
Variable lease cost259,041 219,040 91,851 
Supplemental Cash Flow Information
Supplemental cash flow information related to leases was as follows as of June 26, 2022, June 27, 2021, and June 28, 2020:
Year Ended
June 26,
2022
June 27,
2021
June 28,
2020
(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases$64,808 $63,895 $50,223 
Financing cash flows paid for principal portion of finance leases11,513 5,952 3,539 
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$121,580 $48,993 $108,816 
Finance leases13,868 29,497 3,019 
June 26, 2022June 27, 2021
Weighted-Average Remaining Lease TermWeighted-Average Discount RateWeighted-Average Remaining Lease TermWeighted-Average Discount Rate
(in years)(in years)
Operating leases5.43.05 %5.52.30 %
Finance leases6.42.01 %5.31.69 %
Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases were as follows as of June 26, 2022 and June 27, 2021:
June 26,
2022
June 27,
2021
(in thousands)
Operating leases
Other assets$226,648 $173,784 
Accrued expenses and other current liabilities$54,110 $45,310 
Other long-term liabilities164,613 118,385 
Total operating lease liabilities$218,723 $163,695 
Finance Leases
Property and Equipment, net$42,153 $44,054 
Current portion of long-term debt and lease liabilities$7,381 $11,349 
Long-term debt and lease liabilities, less current portion35,990 29,398 
Total finance lease liabilities$43,371 $40,747 
Maturities of Finance Lease Liabilities
As of June 26, 2022, the maturities of lease liabilities are as follows:
Operating LeasesFinance Leases
(in thousands)
2023$58,785 $8,094 
202446,383 7,861 
202534,910 7,124 
202628,305 7,165 
202721,643 6,790 
Thereafter50,754 9,657 
Total lease payments$240,780 $46,691 
Less imputed interest(22,057)(3,320)
Total$218,723 $43,371 
Maturities of Operating Lease Liabilities
As of June 26, 2022, the maturities of lease liabilities are as follows:
Operating LeasesFinance Leases
(in thousands)
2023$58,785 $8,094 
202446,383 7,861 
202534,910 7,124 
202628,305 7,165 
202721,643 6,790 
Thereafter50,754 9,657 
Total lease payments$240,780 $46,691 
Less imputed interest(22,057)(3,320)
Total$218,723 $43,371