Leases (Tables)

9 Months Ended

Apr. 02, 2022

Leases [Abstract]

Schedule of lease cost

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

	Third Quarters Ended				Nine Months Ended
	April 2,		April 3,		April 2,		April 3,
	2022		2021		2022		2021
Operating lease cost	$	17,220	$	18,608	$	52,196	$	55,105
Variable lease cost		6,853		5,584		19,704		17,296
Total lease cost	$	24,073	$	24,192	$	71,900	$	72,401

Schedule of future minimum operating lease payments

Future minimum operating lease payments as of April 2, 2022, are as follows (in thousands):

Fiscal Year
Remainder of fiscal 2022	$	18,447
2023		62,316
2024		45,467
2025		35,680
2026		30,059
Thereafter		135,164
Total future operating lease payments		327,133
Total imputed interest on operating lease liabilities		(53,842)
Total operating lease liabilities	$	273,291

Schedule of other information pertaining to operating leases

Other information pertaining to operating leases consists of the following:

	Nine Months Ended
	April 2,		April 3,
	2022		2021
Operating Lease Term and Discount Rate
Weighted-average remaining lease term in years	8.8		9.2
Weighted-average discount rate	3.8	%	3.8	%

Schedule of supplemental cash flow information

Supplemental cash flow information related to the Company’s operating leases was as follows (in thousands):

	Nine Months Ended
	April 2,		April 3,
	2022		2021
Supplemental Cash Flow Information:
Cash paid for operating lease liabilities	$	43,109	$	44,219
Operating lease assets obtained from new operating lease liabilities		25,897		36,150