Leases (Tables)

9 Months Ended

Mar. 28, 2020

Leases [Abstract]

Schedule of lease cost

The components of lease cost related to the Company’s operating leases were as follows (in thousands):

	Third Quarter		Nine Months
	Ended		Ended
	March 28, 2020
Operating lease cost	$	19,257	$	57,633
Variable lease cost		5,496		15,594
Total lease cost	$	24,753	$	73,227

Schedule of future minimum operating lease payments

Future minimum operating lease payments as of March 28, 2020 are as follows (in thousands):

Fiscal Year
Remainder of fiscal 2020	$	19,735
2021		58,995
2022		49,061
2023		42,079
2024		32,965
Thereafter		167,259
Total future operating lease payments		370,094
Total imputed interest on operating lease liabilities		(67,059)
Total operating lease liabilities	$	303,035

Minimum operating lease commitments principally for buildings

Prior to the Company’s adoption of ASC 842, future minimum operating lease payments as of June 29, 2019 were as follows (in thousands) on an undiscounted basis and excluding non-lease components:

Fiscal Year
2020	$	68,710
2021		52,225
2022		42,069
2023		32,245
2024		23,305
Thereafter		85,196
Total lease payments	$	303,750

Schedule of other information pertaining to operating leases

Operating Lease Term and Discount Rate
Weighted-average remaining lease term in years	9.6
Weighted-average discount rate	3.8	%

Schedule of supplemental cash flow information

Supplemental cash flow information related to the Company’s operating leases for the nine months ended March 28, 2020 was as follows (in thousands):

Supplemental Cash Flow Information:
Cash paid for operating lease liabilities	$	46,418
Operating lease assets obtained from new operating lease liabilities		30,750