Leases K

12 Months Ended

Jun. 28, 2025

Leases [Abstract]

Leases

11. Leases

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

	Years Ended
	June 28,		June 29,		July 1,
	2025		2024		2023
Operating lease cost	$	64,349	$	63,514	$	67,478
Variable lease cost		33,036		29,560		21,422
Total lease cost	$	97,385	$	93,074	$	88,900

Future minimum operating lease payments as of June 28, 2025, are as follows (in thousands):

Fiscal Year
2026	$	60,682
2027		41,206
2028		29,736
2029		21,986
2030		14,800
Thereafter		212,104
Total future operating lease payments		380,514
Total imputed interest on operating lease liabilities		(164,818)
Total operating lease liabilities	$	215,696

Other information pertaining to operating leases consists of the following:

		Years Ended
		June 28,			June 29,			July 1,
		2025			2024			2023
Operating Lease Term and Discount Rate
Weighted-average remaining lease term in years		14.0			7.5			8.2
Weighted-average discount rate		4.1	%		3.8	%		3.8	%
Supplemental Cash Flow Information (in thousands)
Cash paid for operating lease liabilities	$	58,474		$	57,572		$	58,111
Operating lease assets obtained from new operating lease liabilities	$	92,647		$	47,668		$	48,038