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Leases (Tables)
6 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Lease Cost
The components of lease cost for the three months and six months ended December 31, 2022 and were (in thousands): 
Three Months EndedSix Months Ended
December 31, 2022January 1, 2022December 31, 2022January 1, 2022
Lease costClassification
Operating lease costCost of sales$2,441 $1,598 $3,775 $3,031 
Operating lease costSelling, general and administrative expenses$367 $250 $551 $558 
Financing lease costCost of sales$1,859 $617 $2,759 $1,051 
Financing lease costSelling, general and administrative expenses$77 $17 $115 $27 
Total lease cost$4,744 $2,482 $7,200 $4,667 
Fixed lease cost$4,435 $2,081 $6,656 $3,858 
Short-term lease cost $309 $401 $544 $809 
Total lease cost$4,744 $2,482 $7,200 $4,667 
Schedule of Lease Assets and Liabilities
Amounts reported in the Consolidated Balance Sheet as of December 31, 2022 were (in thousands, except weighted average lease term and discount rate):
December 31, 2022July 2, 2022
Operating Leases:
Operating lease right of use assets$18,652 $16,731 
Operating lease liabilities (1)
$18,652 $16,731 
Weighted-average remaining lease term (in years)
Operating leases4.845.28
Weighted-average discount rate
Operating leases4.0 %4.0 %
Financing Leases (2):
Financing lease right of use assets$10,258 $12,464 
Financing lease liabilities$9,006 $11,211 
Weighted-average remaining lease term (in years)
Financing leases2.082.56
Weighted-average discount rate
Financing leases8.8 %8.8 %
(1) The current portion of the total operating lease liabilities of $5.6 million is classified under Other Current Liabilities, resulting in $13.1 million classified under Operating Lease Liabilities in the Long-term Liabilities section of the condensed consolidated balance sheet.
(2) The total finance lease right of use assets of $10.3 million is classified under Other Long-term Assets. The current portion of the total finance lease liabilities of $4.4 million is classified under Current portion of debt, net, resulting in $4.6 million classified in Other Long-term Liabilities section of the condensed consolidated balance sheet.
Other information related to leases was as follows (in thousands):
Six Months Ended
December 31, 2022January 1, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$3,128 $1,924 
Financing cash flows used in financing leases$1,970 $1,077 
Schedule of Maturities of Operating Leases Liability
Future lease payments under non-cancellable leases as of December 31, 2022 are as follows (in thousands):
Fiscal Years EndingOperating LeasesFinance Leases
2023 (1)
$2,877 $2,607 
20245,048 3,960 
20253,987 2,539 
20263,365 107 
20272,464 71 
Thereafter3,240 — 
Total undiscounted lease payments20,981 9,284 
Less: present value discount(2,329)(278)
Total lease liabilities$18,652 $9,006 
(1) Represents estimated lease payments for the remaining six-month period ending July 1, 2023.
Schedule of Maturities of Finance Leases Liability
Future lease payments under non-cancellable leases as of December 31, 2022 are as follows (in thousands):
Fiscal Years EndingOperating LeasesFinance Leases
2023 (1)
$2,877 $2,607 
20245,048 3,960 
20253,987 2,539 
20263,365 107 
20272,464 71 
Thereafter3,240 — 
Total undiscounted lease payments20,981 9,284 
Less: present value discount(2,329)(278)
Total lease liabilities$18,652 $9,006 
(1) Represents estimated lease payments for the remaining six-month period ending July 1, 2023.