v3.22.4
Leases (Tables)
6 Months Ended
Dec. 30, 2022
Leases [Abstract]  
Schedule of Operating Lease Liabilities
As of December 30, 2022, the maturities of the Company’s operating lease liabilities were as follows:
(in thousands)
2023 (remaining six months)$1,236 
20241,297 
202549 
Total undiscounted lease payments2,582 
Less imputed interest(101)
Total present value of lease liabilities$2,481 (1)
(1)Includes current portion of operating lease liabilities of $2.0 million.
Summary of Additional Information Related to Operating and Finance Lease
The following summarizes additional information related to the Company’s operating leases:
 
As of
December 30, 2022
As of
June 24, 2022
Weighted-average remaining lease term (in years)1.41.8
Weighted-average discount rate3.5 %3.4 %
Schedule of Supplemental Cash Flow and Other Information Related to Leases The following table presents supplemental disclosure for the unaudited condensed consolidated statement of cash flows related to operating and finance leases for the three and six months ended December 30, 2022 and December 24, 2021:
Three Months EndedSix Months Ended
(in thousands)December 30,
2022
December 24,
2021
December 30,
2022
December 24,
2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$661 $709 $1,302 $1,398 
Financing cash flows from finance leases$$— $$— 
ROU assets obtained in exchange for lease liabilities$69 $— $69 $38