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Leases | 12 Months Ended
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Jun. 28, 2024
Leases [Abstract] |
Leases | Leases The Company enters into lease arrangements to facilitate its operations, including manufacturing, storage, as well as engineering, sales, marketing and administration resources. The Company measures its lease obligations in accordance with ASC 842, which requires lessees to record a ROU asset and lease liability for most lease arrangements. Finance leases are not material to the Company's consolidated financial statements and therefore are excluded from the following disclosures. S UPPLEMENTAL B ALANCE S HEET I NFORMATION Supplemental operating lease balance sheet information is summarized as follows:
|  | As of |  | As of
|  | June 28, 2024 |  | June 30, 2023
Operating lease right-of-use assets, net |  | $ | 60,860 |  |  | $ | 63,015 |
Accrued expenses(1) |  | $ | 11,614 |  |  | $ | 10,434 |
Operating lease liabilities |  | 62,584 |  |  | 66,797 |
Total operating lease liabilities |  | $ | 74,198 |  |  | $ | 77,231 |
(1) The short term portion of the Operating lease liabilities is included within Accrued expenses on the Consolidated Balance Sheet. O THER S UPPLEMENTAL I NFORMATION Other supplemental operating lease information is summarized as follows:
|  | For the Fiscal Year Ended |  | For the Fiscal Year Ended
|  | June 28, 2024 |  | June 30, 2023
Cash paid for amounts included in the measurement of operating lease liabilities |  | $ | 10,343 |  |  | $ | 10,756 |
Right-of-use assets obtained in exchange for new lease liabilities |  | $ | 7,249 |  |  | $ | 10,627 |
Weighted average remaining lease term |  | 6.4 years |  | 7.0 years
Weighted average discount rate |  | 5.50 | % |  | 5.17 | %
M ATURITIES OF L EASE C OMMITMENTS Maturities of operating lease commitments as of June 28, 2024 were as follows:
Fiscal Year |  | Totals
2025 |  | $ | 15,286 |
2026 |  | 13,524 |
2027 |  | 13,992 |
2028 |  | 12,579 |
2029 |  | 10,903 |
Thereafter |  | 22,906 |
Total lease payments |  | 89,190 |
Less: imputed interest |  | (14,992) |
Present value of operating lease liabilities |  | $ | 74,198 |
During fiscal 2024, 2023 and 2022 the Company recognized operating lease expense of $13,775, $13,763, and $14,332, respectively. There were no material restrictions, covenants, sale and leaseback transactions, variable lease payments or residual value guarantees imposed by the Company's leases at June 28, 2024.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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