Leases (Tables)

9 Months Ended

Apr. 01, 2023

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 1,		April 2,		April 1,		April 2,
	2023		2022		2023		2022
Operating lease cost	$	14,354	$	17,220	$	47,836	$	52,196
Variable lease cost		5,043		6,853		17,071		19,704
Total lease cost	$	19,397	$	24,073	$	64,907	$	71,900

Schedule of future minimum operating lease payments

Future minimum operating lease payments as of April 1, 2023, are as follows (in thousands):

Fiscal Year
Remainder of fiscal 2023	$	17,356
2024		55,302
2025		44,128
2026		34,699
2027		22,835
Thereafter		116,335
Total future operating lease payments		290,655
Total imputed interest on operating lease liabilities		(46,267)
Total operating lease liabilities	$	244,388

Schedule of other information pertaining to operating leases

Other information pertaining to operating leases consists of the following:

	Nine Months Ended
	April 1,		April 2,
	2023		2022
Operating Lease Term and Discount Rate
Weighted-average remaining lease term in years	8.4		8.8
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 1,		April 2,
	2023		2022
Supplemental Cash Flow Information:
Cash paid for operating lease liabilities	$	43,030	$	43,109
Operating lease assets obtained from new operating lease liabilities		34,318		25,897