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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