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Leases | 3 Months Ended
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Sep. 24, 2022
Leases [Abstract] |
Leases | 8. Leases Our leases mainly include our worldwide office and research and development facilities which are all classified as operating leases. Certain leases include renewal options that are under our discretion. The leases expire at various dates through fiscal year 2034, some of which include options to extend the lease for up to seven years. For the three months ended September 2022 and September 2021, we recorded approximately $3.3 million and $2.8 million, respectively, of operating leases expense. Our short-term leases are immaterial. As of September 2022 and June 2022, the components of leases are as follows (in millions):
|  | September |  |  | June |
|  | 2022 |  |  | 2022 |
Operating lease right-of-use assets |  | $ | 58.0 |  |  | $ | 61.2 |
Operating lease liabilities |  | $ | 7.4 |  |  | $ | 7.6 |
Operating lease liabilities, long-term |  |  | 48.7 |  |  |  | 51.5 |
Total operating lease liabilities |  | $ | 56.1 |  |  | $ | 59.1 |
Supplemental cash flow information related to leases, including from acquisitions, is as follows (in millions):
|  | Three Months Ended |
|  | September |
|  | 2022 |  |  | 2021 |
Cash paid for operating leases included in operating cash flows |  | $ | 2.7 |  |  | $ | 3.0 |
Supplemental non-cash information related to lease liabilities arising from obtaining right-of-use assets |  |  | 1.4 |  |  |  | 6.6 |
As of September 2022, the weighted average remaining lease term is 7.9 years, and the weighted average discount rate is 4.4%. Future minimum lease payments for the operating lease liabilities are as follows (in millions):
|  | Operating |
|  | Lease |
Fiscal Year |  | Payments |
Remainder of 2023 |  | $ | 3.9 |
2024 |  |  | 10.3 |
2025 |  |  | 9.0 |
2026 |  |  | 8.8 |
2027 |  |  | 8.1 |
Thereafter |  |  | 28.1 |
Total future minimum operating lease payments |  |  | 68.2 |
Less: interest |  |  | (12.1 | )
Total lease liabilities |  | $ | 56.1 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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