Leases

3 Months Ended

Sep. 30, 2023

Leases [Abstract]

Leases

Note 12. Leases

The Company is a lessee in several operating leases, primarily real estate facilities for office space. The Company's lease arrangements are comprised of operating leases with various expiration dates through March 31, 2042. The Company's leases do not contain any material residual value guarantees.

Lease expense, cash flow and balance sheet information related to our operating leases are as follows (in millions):

	September 30, 2023			October 1, 2022
Operating lease costs(1)	$	3.3		$	3.3
Cash paid for amounts included in the measurement of operating lease liabilities	4.6			4.6
Operating ROU assets obtained in exchange for operating lease obligations	0.9			0.7
Operating ROU assets (Other non-current assets)	38.1			41.6
Other current liabilities	10.0			9.8
Other non-current liabilities	27.6			30.5
Total operating lease liabilities	$	37.6		$	40.3
Weighted-average remaining lease term	6.7 years			7.0 years
Weighted-average discount rate	4.8		%	4.6		%

(1) Total variable lease costs were immaterial during the three months ended September 30, 2023 and October 1, 2022. The total operating costs were included in Cost of revenues, R&D, and SG&A in the Consolidated Statements of Operations.

Future minimum operating lease payments as of September 30, 2023 are as follows (in millions):

	Operating Leases
Remainder of 2024	$	7.7
Fiscal 2025	9.6
Fiscal 2026	7.2
Fiscal 2027	5.6
Fiscal 2028	3.9
Thereafter	9.8
Total lease payments	43.8
Less: Interest	(6.2)
Present value of lease liabilities	$	37.6