XML 36 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2
Leases (Tables)
3 Months Ended
Oct. 01, 2022
Leases [Abstract]  
Schedule of lease cost

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

First Quarters Ended

October 1,

October 2,

2022

  

2021

Operating lease cost

$

16,566

$

17,847

Variable lease cost

6,313

6,118

Total lease cost

$

22,879

$

23,965

Schedule of future minimum operating lease payments

Future minimum operating lease payments as of October 1, 2022, are as follows (in thousands):

Fiscal Year

Remainder of fiscal 2023

$

48,296

2024

 

50,028

2025

 

39,406

2026

 

30,797

2027

 

20,424

Thereafter

 

110,738

Total future operating lease payments

299,689

Total imputed interest on operating lease liabilities

(48,169)

Total operating lease liabilities

$

251,520

Schedule of other information pertaining to operating leases

Other information pertaining to operating leases consists of the following:

First Quarters Ended

October 1,

October 2,

2022

  

2021

Operating Lease Term and Discount Rate

Weighted-average remaining lease term in years

8.5

9.0

Weighted-average discount rate

3.9

%

3.8

%

Schedule of supplemental cash flow information

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

First Quarters Ended

October 1,

October 2,

2022

  

2021

Supplemental Cash Flow Information:

Cash paid for operating lease liabilities

$

14,062

$

14,826

Operating lease assets obtained from new operating lease liabilities

20,796

7,578