XML 57 R40.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Leases (Tables) | 6 Months Ended
--- | ---
Dec. 30, 2023
Leases [Abstract] |
Schedule of Operating Leases | Lease expense and cash flow information are as follows (in millions):
| Three Months Ended |  | Six Months Ended
| December 30, 2023 |  | December 31, 2022 |  | December 30, 2023 |  | December 31, 2022
Operating lease costs (1) | $ | 3.3 |  |  | $ | 3.2 |  |  | $ | 6.6 |  |  | $ | 6.5 |
Cash paid for amounts included in the measurement of operating lease liabilities | 3.2 |  |  | 3.6 |  |  | 7.8 |  |  | 8.2 |
Operating ROU assets obtained in exchange for operating lease obligations | 1.5 |  |  | 2.3 |  |  | 2.6 |  |  | 3.0 |
(1)Total variable lease costs were immaterial during the six months ended December 30, 2023 and December 31, 2022. The total operating costs were included in Cost of revenues, R&D, and SG&A in the Consolidated Statements of Operations.
Schedule of Balance Sheet Information Related to Operating Leases | Balance sheet information related to our operating leases is as follows (in millions):
|  | December 30, 2023 |  | July 1, 2023
Operating ROU assets (Other non-current assets) |  | $ | 37.5 |  |  | $ | 40.4 |
Other current liabilities |  | $ | 10.0 |  |  | $ | 10.1 |
Other non-current liabilities |  | 27.0 |  |  | 29.4 |
Total operating lease liabilities |  | $ | 37.0 |  |  | $ | 39.5 |
Weighted-average remaining lease term |  | 6.5 years |  | 6.8 years
Weighted-average discount rate |  | 4.8 | % |  | 4.8 | %
Schedule of Minimum Operating Lease Payments | Future minimum operating lease payments as of December 30, 2023 are as follows (in millions):
|  |  | Operating Leases
Remainder of 2024 |  |  | $ | 4.9 |
Fiscal 2025 |  |  | 10.3 |
Fiscal 2026 |  |  | 7.9 |
Fiscal 2027 |  |  | 6.0 |
Fiscal 2028 |  |  | 4.1 |
Thereafter |  |  | 9.9 |
Total lease payments |  |  | 43.1 |
Less: Interest |  |  | (6.1) |
Present value of lease liabilities |  |  | $ | 37.0 |

X
- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Assets And Liabilities, Lessee [Table Text Block] + References No definition available. + Details
Name: | viav_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | viav_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration