XML 51 R39.htm IDEA: XBRL DOCUMENT v3.24.3
Leases (Tables)
 3 Months Ended
Sep. 28, 2024
Leases [Abstract]  
Schedule of Operating Leases
Lease expense and cash flow information related to our operating leases is as follows (in millions):
Three Months Ended
September 28, 2024September 30, 2023
Operating lease costs (1)
$3.3 $3.3 
Cash paid for amounts included in the measurement of operating lease liabilities$4.7 $4.6 
Operating ROU assets obtained in exchange for operating lease obligations$1.7 $0.9 
Weighted-average remaining lease term6.1 years6.7 years
Weighted-average discount rate5.7 %4.8 %
(1)Total variable lease costs were immaterial during the three months ended September 28, 2024 and September 30, 2023. The total operating costs were included in Cost of revenues, R&D, and SG&A in the Consolidated Statements of Operations.
Schedule of Minimum Operating Lease Payments
Future minimum operating lease payments as of September 28, 2024 are as follows (in millions):
Operating Leases
Remainder of 2025$7.6 
Fiscal 20269.9 
Fiscal 20277.6 
Fiscal 20285.3 
Fiscal 20293.4 
Thereafter8.8 
Total lease payments42.6 
Less: Interest(7.3)
Present value of lease liabilities$35.3