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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Sep. 29, 2024
Summary of Significant Accounting Policies [Abstract]  
Financial Assets and Financial Liabilities Measured at Fair Value
The following table summarizes the Company’s financial assets and financial liabilities measured at fair value at September 29, 2024:

Fair Value Measurements
 
Level 1
   
Level 2
   
Level 3
   
Total
 
U.S. Treasury bills
 
$
7,050,421
   
$
   
$
   
$
7,050,421
 
 
 
$
7,050,421
   
$
   
$
   
$
7,050,421
 
Allowance for Credit Losses
Changes in the allowance for credit losses from continuing operations consisted of the following (in thousands):

 
 
September 29, 2024
   
September 24, 2023
 
Beginning balance
 
$
57
   
$
58
 
Provision (recovery) for credit losses
   
(17
)
   
25
 
Amounts written off
   
     
(72
)
Ending balance
 
$
40
   
$
11
 
Total Revenues
Total revenues consist of the following (in thousands):

   
Three Months Ended
 
   
September 29, 2024
   
September 24, 2023
 
Franchise royalties
 
$
1,121
   
$
1,225
 
Supplier and distributor incentive revenues
   
1,192
     
1,100
 
Franchise license fees
   
28
     
101
 
Area development exclusivity fees and foreign master license fees    
3
     
4
 
Advertising fund contributions     464       422  
Supplier convention funds
    217       187  
Rental income
   
23
     
46
 
Other
    2       2  
   
$
3,050
   
$
3,087