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Property and Equipment, Net
 12 Months Ended
Jul. 02, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

4. PROPERTY AND EQUIPMENT, net

Property and equipment, net of accumulated depreciation, consisted of the following (in thousands):

 

 

July 2,

 

 

June 30,

 

 

 

2022

 

 

2021

 

Furniture and fixtures

 

$

47,501

 

 

$

47,587

 

Equipment

 

 

50,191

 

 

 

50,231

 

Software

 

 

41,880

 

 

 

41,575

 

Leasehold improvements

 

 

51,386

 

 

 

49,651

 

Assets under finance lease

 

 

680

 

 

 

681

 

 

 

 

191,638

 

 

 

189,725

 

Less accumulated depreciation

 

 

(163,196

)

 

 

(151,941

)

Net property and equipment

 

$

28,442

 

 

$

37,784

 

 

In the second quarter fiscal 2021, we sold our corporate office and Dallas distribution center properties and land with a total net book value of $18.9 million in a sale-leaseback transaction (see further discussion in Note 8 below). Gains related to the sale or other disposal of such assets are presented in Reorganization items, net on our Consolidated Statement of Operations (See Note 2).