v3.25.1

Intangibles (Tables)

9 Months Ended

Mar. 28, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The following tables present details of the Company’s intangibles:

(in thousands)			As of March 28, 2025						As of June 28, 2024
Software
Gross carrying amount			$	11,952					$	11,398
Accumulated amortization			(9,779)						(9,077)
Net			$	2,173					$	2,321

Schedule of Weighted-Average Remaining Life of Intangible Assets

The weighted-average remaining life of software was:

(years)			As of March 28, 2025						As of June 28, 2024
Software			1.4						2.1

Schedule of Estimated Future Amortization of Intangibles Assets

Based on the carrying amount of intangibles as of March 28, 2025, and assuming no future impairment of the underlying assets, the estimated future amortization during each fiscal year was as follows:

(in thousands)
2025 (remaining three months)			$	269
2026			781
2027			532
2028			358
2029			177
Thereafter			56
Total			$	2,173

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Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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