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LEASES
 12 Months Ended
Jun. 27, 2026
Leases [Abstract]  
LEASES LEASES
The Company has several commitments under operating and financing leases for warehouses, manufacturing facilities, office buildings, and equipment with initial terms that expire at various dates during the next 1 year to 10 years.
The Company has some leases that include an extension clause. Management has considered the likelihood of exercising each extension option included and estimated the duration of the extension option, for those leases management determined to be reasonably certain, in calculating the lease term for measurement of the right of use asset and liability.
For operating leases, management assumed a discount rate of 4.0% to 9.5% . The weighted average discount rate is disclosed in the tables below.

The components of lease cost were as follows as of June 27, 2026 and June 28, 2025 (in thousands):

Year EndedYear Ended
Lease costClassificationJune 27, 2026June 28, 2025
Operating lease costCost of sales$6,204 $5,135 
Operating lease costSelling, general and administrative expenses755 732 
Financing lease costCost of sales1,696 3,369 
Financing lease costSelling, general and administrative expenses66 171 
Total lease cost$8,721 $9,407 
Fixed lease cost$7,276 $6,335 
Short-term lease cost1,445 3,072 
Total lease cost$8,721 $9,407 
Amounts reported in the Consolidated Balance Sheet as of June 27, 2026 and June 28, 2025 were (in thousands, except weighted average lease term and discount rate):
June 27, 2026June 28, 2025
Operating Leases:
Operating lease right of use assets$26,550 $11,347
Operating lease liabilities (1)
$26,550 $11,347
Weighted-average remaining lease term (in years)
Operating leases6.973.29
Weighted-average discount rate
Operating leases7.96%4.07%
Financing Leases (2):
Financing lease right of use assets$10,183 $2,244
Financing lease liabilities$7,620 $1,912
Weighted-average remaining lease term (in years)
Financing leases2.472.35
Weighted-average discount rate
Financing leases8.40%10.11%

(1) The current portion of the total operating lease liabilities of $6.4 million is classified under Other Current Liabilities, resulting in $20.1 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 $10.2 million is classified under Other Long-term Assets. The current portion of the total finance lease liabilities of $3.6 million is classified under Other Current Liabilities, resulting in $4.0 million classified in Other Long-term Liabilities section of the condensed consolidated balance sheet.

Future lease payments under non-cancellable leases as of June 27, 2026 are as follows (in thousands):
Fiscal Years EndingOperating LeasesFinance Leases
2027$6,430 $3,647 
20285,866 3,083 
20294,468 1,534 
20303,963 50 
20313,774 — 
Thereafter10,541 — 
Total undiscounted lease payments35,042 8,314 
Less: present value discount(8,492)(694)
Total lease liabilities$26,550 $7,620 
LEASES LEASES
The Company has several commitments under operating and financing leases for warehouses, manufacturing facilities, office buildings, and equipment with initial terms that expire at various dates during the next 1 year to 10 years.
The Company has some leases that include an extension clause. Management has considered the likelihood of exercising each extension option included and estimated the duration of the extension option, for those leases management determined to be reasonably certain, in calculating the lease term for measurement of the right of use asset and liability.
For operating leases, management assumed a discount rate of 4.0% to 9.5% . The weighted average discount rate is disclosed in the tables below.

The components of lease cost were as follows as of June 27, 2026 and June 28, 2025 (in thousands):

Year EndedYear Ended
Lease costClassificationJune 27, 2026June 28, 2025
Operating lease costCost of sales$6,204 $5,135 
Operating lease costSelling, general and administrative expenses755 732 
Financing lease costCost of sales1,696 3,369 
Financing lease costSelling, general and administrative expenses66 171 
Total lease cost$8,721 $9,407 
Fixed lease cost$7,276 $6,335 
Short-term lease cost1,445 3,072 
Total lease cost$8,721 $9,407 
Amounts reported in the Consolidated Balance Sheet as of June 27, 2026 and June 28, 2025 were (in thousands, except weighted average lease term and discount rate):
June 27, 2026June 28, 2025
Operating Leases:
Operating lease right of use assets$26,550 $11,347
Operating lease liabilities (1)
$26,550 $11,347
Weighted-average remaining lease term (in years)
Operating leases6.973.29
Weighted-average discount rate
Operating leases7.96%4.07%
Financing Leases (2):
Financing lease right of use assets$10,183 $2,244
Financing lease liabilities$7,620 $1,912
Weighted-average remaining lease term (in years)
Financing leases2.472.35
Weighted-average discount rate
Financing leases8.40%10.11%

(1) The current portion of the total operating lease liabilities of $6.4 million is classified under Other Current Liabilities, resulting in $20.1 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 $10.2 million is classified under Other Long-term Assets. The current portion of the total finance lease liabilities of $3.6 million is classified under Other Current Liabilities, resulting in $4.0 million classified in Other Long-term Liabilities section of the condensed consolidated balance sheet.

Future lease payments under non-cancellable leases as of June 27, 2026 are as follows (in thousands):
Fiscal Years EndingOperating LeasesFinance Leases
2027$6,430 $3,647 
20285,866 3,083 
20294,468 1,534 
20303,963 50 
20313,774 — 
Thereafter10,541 — 
Total undiscounted lease payments35,042 8,314 
Less: present value discount(8,492)(694)
Total lease liabilities$26,550 $7,620