XML 40 R29.htm IDEA: XBRL DOCUMENT v3.26.1
Leases (Tables)
9 Months Ended
Mar. 28, 2026
Leases [Abstract]  
Schedule of Lease Cost
The components of lease cost for the three months and nine months ended March 28, 2026 and March 29, 2025 were (in thousands): 
Three Months EndedNine Months Ended
March 28, 2026March 29, 2025March 28, 2026March 29, 2025
Lease costClassification
Operating lease costCost of sales$1,478 $654 $4,704 $2,827 
Operating lease costSelling, general and administrative expenses$194 $33 $561 $132 
Financing lease costCost of sales$629 $1,268 $935 $3,868 
Financing lease costSelling, general and administrative expenses$21 $183 $45 $549 
Total lease cost$2,322 $2,138 $6,245 $7,376 
Fixed lease cost$2,133 $1,078 $5,216 $4,936 
Short-term lease cost 189 1,060 $1,029 $2,440 
Total lease cost$2,322 $2,138 $6,245 $7,376 
Schedule of Lease Assets and Liabilities
Amounts reported in the Consolidated Balance Sheet as of March 28, 2026 and June 28, 2025 were (in thousands, except weighted average lease term and discount rate):
March 28, 2026June 28, 2025
Operating Leases:
Operating lease right of use assets$27,810 $11,347
Operating lease liabilities (1)
$27,810 $11,347
Weighted-average remaining lease term (in years)
Operating leases7.083.29
Weighted-average discount rate
Operating leases7.88%4.07%
Financing Leases (2):
Financing lease right of use assets$10,428 $2,244
Financing lease liabilities$8,402 $1,912
Weighted-average remaining lease term (in years)
Financing leases2.702.35
Weighted-average discount rate
Financing leases8.47%10.11%
(1) The current portion of the total operating lease liabilities of $6.7 million is classified under Other Current Liabilities resulting in $21.2 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 $10.4 million is classified under Other Long-term Assets. The current portion of the total finance lease liabilities of $3.8 million is classified under Other Current Liabilities, resulting in $4.6 million classified in Other Long-term Liabilities section of the condensed consolidated balance sheet.
Schedule of Maturities of Operating Leases Liability
Future lease payments under non-cancellable leases as of March 28, 2026 are as follows (in thousands):
Fiscal Years EndingOperating LeasesFinance Leases
2026 (1)$1,713 $957 
20276,489 3,639 
20285,866 3,075 
20294,468 1,529 
20303,963 50 
Thereafter14,314 — 
Total undiscounted lease payments$36,813 $9,250 
Less: present value discount(9,003)(848)
Total lease liabilities$27,810 $8,402 
(1) Represents estimated lease payments for the remaining nine-month period ending June 27, 2026.
Schedule of Maturities of Finance Leases Liability
Future lease payments under non-cancellable leases as of March 28, 2026 are as follows (in thousands):
Fiscal Years EndingOperating LeasesFinance Leases
2026 (1)$1,713 $957 
20276,489 3,639 
20285,866 3,075 
20294,468 1,529 
20303,963 50 
Thereafter14,314 — 
Total undiscounted lease payments$36,813 $9,250 
Less: present value discount(9,003)(848)
Total lease liabilities$27,810 $8,402 
(1) Represents estimated lease payments for the remaining nine-month period ending June 27, 2026.