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Leases | 12 Months Ended
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Jul. 03, 2021
Leases [Abstract] |
Leases | Note 12. Leases The Company is a lessee in several operating leases, primarily real estate facilities for office space. The Company's lease arrangements are composed of operating leases with various expiration dates through March 31, 2042. The Company's leases do not contain any material residual value guarantees. During the fiscal year ending on July 3, 2021, the total operating lease costs were $13.9 million. Total variable lease costs were immaterial during the fiscal year ending on July 3, 2021. The total operating costs were included in cost of revenues, research and development, and selling, general and administrative in the Company’s Consolidated Statements of Operations. As of July 3, 2021, the weighted-average remaining lease term was 7.7 years, and the weighted-average discount rate was 4.7%. During the fiscal year ending on July 3, 2021, cash paid for amounts included in the measurement of operating lease liabilities was $15.1 million; and operating ROU assets obtained in exchange of new operating lease liabilities was $15.4 million. The balance sheet information related to our operating leases is as follows (in millions):
|  |  | July 3, 2021
Other non-current assets |  |  | $ | 45.1 |
Total operating ROU assets |  |  | $ | 45.1 |
Other current liabilities |  |  | $ | 11.6 |
Other non-current liabilities |  |  | 30.8 |
Total operating lease liabilities |  |  | $ | 42.4 |
Future minimum operating lease payments as of July 3, 2021 are as follows (in millions):
|  |  | Operating Leases
Fiscal 2022 |  |  | $ | 11.7 |
Fiscal 2023 |  |  | 9.4 |
Fiscal 2024 |  |  | 6.8 |
Fiscal 2025 |  |  | 4.9 |
Fiscal 2026 |  |  | 3.8 |
Thereafter |  |  | 13.7 |
Total lease payments |  |  | 50.3 |
Less: Interest |  |  | (7.9) |
Present value of lease liabilities |  |  | $ | 42.4 |
Future minimum operating lease payments as of June 27, 2020, were as follows (in millions):
|  |  | Operating Leases
Fiscal 2021 |  |  | $ | 12.8 |
Fiscal 2022 |  |  | 10.2 |
Fiscal 2023 |  |  | 6.0 |
Fiscal 2024 |  |  | 4.6 |
Fiscal 2025 |  |  | 3.6 |
Thereafter |  |  | 7.5 |
Total lease payments |  |  | 44.7 |
Less: Interest |  |  | (4.9) |
Present value of lease liabilities |  |  | $ | 39.8 |

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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 http://asc.fasb.org/subtopic&trid=77888251 + Details
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