Acquisitions (Notes)

3 Months Ended

Sep. 28, 2019

Business Combinations [Abstract]

Business Combination Disclosure [Text Block]

LEASES

The Company's lease obligations consist of operating leases for domestic and international office facilities, data centers, and equipment. These leases expire at various dates through fiscal year 2031. For the three months ended September 28, 2019, the Company recorded operating lease expense of $2.9 million.

Leases are included in the following Condensed Consolidated Balance Sheet lines:

	September 28, 2019
	(in thousands)
Other assets	$	58,881
Accrued expenses	$	10,024
Other liabilities	$	53,099

Future minimum lease payments under non-cancelable operating leases as of September 28, 2019 are as follows:

	Operating Lease Obligations
Fiscal Year	(in thousands)
Remainder of 2020	$	9,051
2021	11,647
2022	10,665
2023	9,549
2024	8,215
Thereafter	22,064
Total	71,191
Less imputed interest	8,204
Total	$	62,987

Other information related to leases as of September 28, 2019 are as follows:

	Three Months Ended
	September 28, 2019
Supplemental cash flow information	(in thousands)
Operating cash flows used for operating leases	$	2,863
Weighted-average remaining lease term - operating leases, in years	7
Weighted-average discount rate - operating leases	3.45		%

The incremental borrowing rate used by the Company is based on the most recent June 2017 debt offering of the Company's 3.450% senior unsecured and unsubordinated notes.