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Leases (Tables) | 12 Months Ended
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Jun. 27, 2020
Leases [Abstract] |
Schedule of lease cost | The components of lease cost related to the Company’s operating leases were as follows (in thousands):
​ | ​ | ​ | ​
​ | ​ | Year Ended
​ | ​ | June 27, 2020
Operating lease cost | ​ | $ | 75,748
Variable lease cost | ​ | ​ | 20,804
Total lease cost | ​ | $ | 96,552
Schedule of future minimum operating lease payments | Future minimum operating lease payments as of June 27, 2020, are as follows (in thousands):
​ | ​ | ​ | ​ | ​
Fiscal Year | ​ | ​ | ​ | ​
2021 | ​ | $ | 61,497 | ​
2022 | ​ |  | 52,951 | ​
2023 | ​ |  | 44,975 | ​
2024 | ​ |  | 34,665 | ​
2025 | ​ | ​ | 29,215 | ​
Thereafter | ​ |  | 152,229 | ​
Total future operating lease payments | ​ | ​ | 375,532 | ​
Total imputed interest on operating lease liabilities | ​ | ​ | (68,500) | ​
Total operating lease liabilities | ​ | $ | 307,032 | ​
Minimum operating lease commitments principally for buildings | Prior to the Company’s adoption of ASC 842, future minimum operating lease payments as of June 29, 2019 were as follows (in thousands) on an undiscounted basis and excluding non-lease components:
​ | ​ | ​ | ​ | ​
Fiscal Year | ​ | ​ | ​ | ​
2020 | ​ | $ | 68,710 | ​
2021 | ​ |  | 52,225 | ​
2022 | ​ |  | 42,069 | ​
2023 | ​ |  | 32,245 | ​
2024 | ​ |  | 23,305 | ​
Thereafter | ​ |  | 85,196 | ​
Total lease payments | ​ | $ | 303,750 | ​
Schedule of other information pertaining to operating leases | Other information pertaining to operating leases consists of the following:
​ | ​ | ​ | ​
Operating Lease Term and Discount Rate | ​ | ​ | ​
Weighted-average remaining lease term in years | ​ | 9.9 | ​
Weighted-average discount rate | ​ | 3.9 | %
Schedule of supplemental cash flow information | Supplemental cash flow information related to the Company’s operating leases for the year ended June 27, 2020, was as follows (in thousands):
​ | ​ | ​ | ​
Supplemental Cash Flow Information: | ​ | ​ | ​
Cash paid for operating lease liabilities | ​ | $ | 60,957
Operating lease assets obtained from new operating lease liabilities | ​ | ​ | 51,747

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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