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Leases (Tables)
 9 Months Ended
Mar. 30, 2023
Leases [Abstract]  
Supplemental information related to operating lease right-of-use assets and liabilities

The following table provides supplemental information related to operating lease right-of-use assets and liabilities:

 

March 30,
2023

 

 

June 30,
2022

 

 

March 24,
2022

 

 

Affected Line Item in Consolidated Balance Sheet

Assets

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets

$

6,582

 

 

$

2,303

 

 

$

2,570

 

 

Operating lease right-of-use assets

Total lease right-of-use assets

$

6,582

 

 

$

2,303

 

 

$

2,570

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

Operating leases

$

1,752

 

 

$

1,258

 

 

$

1,355

 

 

Other accrued expenses

Noncurrent:

 

 

 

 

 

 

 

 

 

 

Operating leases

 

4,905

 

 

 

1,076

 

 

 

1,241

 

 

Long-term operating lease liabilities

Total lease liabilities

$

6,657

 

 

$

2,334

 

 

$

2,596

 

 

 
Summary of company's total lease costs and other information arising from operating lease transactions

The following tables summarize the Company’s total lease costs and other information arising from operating lease transactions:

 

 

For the Quarter Ended

 

 

For the Thirty-Nine Weeks Ended

 

 

March 30,
2023

 

 

March 24,
2022

 

 

March 30,
2023

 

 

March 24,
2022

 

Operating lease costs (a)

 

$

529

 

 

$

470

 

 

$

1,544

 

 

$

1,384

 

Variable lease costs (b)

 

 

74

 

 

 

15

 

 

 

189

 

 

 

51

 

Total lease cost

 

$

603

 

 

$

485

 

 

$

1,733

 

 

$

1,435

 

 

(a)
Includes short-term leases which are immaterial.
(b)
Variable lease costs consist of sales tax and lease overtime charges.
Summary of Supplemental cash flow and other information related to leases

Supplemental cash flow and other information related to leases was as follows:

 

 

For the Thirty-Nine Weeks Ended

 

 

March 30,
2023

 

 

March 24,
2022

 

Operating cash flows information:

 

 

 

 

 

 

Cash paid for amounts included in measurements for lease liabilities

 

$

1,249

 

 

$

1,199

 

 

 

 

 

 

 

 

Non-cash activity:

 

 

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease obligations

 

$

5,458

 

 

$

167

 
Summary of other information

 

March 30,
2023

 

 

June 30,
2022

 

 

March 24,
2022

 

Weighted average remaining lease term (in years)

 

 

4.6

 

 

 

2.3

 

 

 

2.4

 

Weighted average discount rate

 

 

6.6

%

 

 

4.3

%

 

 

4.2

%

 

 
Summary of maturities of operating lease liabilities

Maturities of operating lease liabilities as of March 30, 2023 are as follows:

 

Fiscal year ending

 

 

 

June 29, 2023 (excluding the thirty-nine weeks ended March 30, 2023)

 

$

636

 

June 27, 2024

 

 

1,918

 

June 26, 2025

 

 

1,541

 

June 25, 2026

 

 

1,347

 

June 24, 2027

 

 

1,158

 

June 29, 2028

 

 

1,000

 

Thereafter

 

 

139

 

Total lease payment

 

 

7,739

 

Less imputed interest

 

 

(1,082

)

Present value of operating lease liabilities

 

$

6,657

 
Summary of operating lease revenue

 

For the Quarter Ended

 

 

For the Thirty-Nine Weeks Ended

 

 

March 30,
2023

 

 

March 24,
2022

 

 

March 30,
2023

 

 

March 24,
2022

 

Lease income related to lease payments

 

$

419

 

 

$

402

 

 

$

1,224

 

 

$

1,220

 
Undiscounted fixed lease consideration under non-cancelable tenant operating leases

The future minimum, undiscounted fixed cash flows under non-cancelable tenant operating leases for each of the next five years are as follows:

 

Fiscal Year Ending

 

 

 

June 29, 2023 (excluding the thirty-nine weeks ended March 30, 2023)

 

$

465

 

June 27, 2024

 

 

1,869

 

June 26, 2025

 

 

1,282

 

June 25, 2026

 

 

697

 

June 24, 2027

 

 

614

 

June 29, 2028

 

 

—

 

 

$

4,927