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Leases (Tables)
3 Months Ended
Sep. 25, 2025
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:

 

September 25,
2025

 

 

June 26,
2025

 

 

September 26,
2024

 

 

Affected Line Item in Consolidated Balance Sheets

Assets

 

 

 

 

 

 

 

 

 

 

Operating lease right-of-use assets

$

27,187

 

 

$

27,824

 

 

$

28,034

 

 

Operating lease right-of-use assets

Total lease right-of-use assets

$

27,187

 

 

$

27,824

 

 

$

28,034

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

 

 

Operating leases

$

4,805

 

 

$

4,515

 

 

$

3,383

 

 

Other accrued expenses

Noncurrent:

 

 

 

 

 

 

 

 

 

 

Operating leases

 

23,497

 

 

 

24,224

 

 

 

25,167

 

 

Long-term operating lease liabilities

Total lease liabilities

$

28,302

 

 

$

28,739

 

 

$

28,550

 

 

 

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

 

 

September 25,
2025

 

 

September 26,
2024

 

Operating lease costs (a)

 

$

1,900

 

 

$

1,742

 

Variable lease costs (b)

 

 

348

 

 

 

172

 

Total lease cost

 

$

2,248

 

 

$

1,914

 

 

(a)
Includes short-term leases which are immaterial.
(b)
Variable lease costs consist of property taxes, sales tax and insurance.
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 Quarter Ended

 

 

September 25,
2025

 

 

September 26,
2024

 

Operating cash flows information:

 

 

 

 

 

 

Cash paid for amounts included in measurements for lease liabilities

 

$

1,493

 

 

$

1,073

 

 

 

 

 

 

 

 

Non-cash activity:

 

 

 

 

 

 

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

 

$

577

 

 

$

1,714

 

Summary of other information

 

September 25,
2025

 

 

June 26,
2025

 

 

September 26,
2024

 

Weighted average remaining lease term (in years)

 

 

5.4

 

 

 

5.7

 

 

 

6.3

 

Weighted average discount rate

 

 

6.7

%

 

 

6.7

%

 

 

6.8

%

 

 

Summary of maturities of operating lease liabilities

Maturities of operating lease liabilities as of September 25, 2025 are as follows:

 

Fiscal Year Ending

 

 

 

June 25, 2026 (excluding the quarter ended September 25, 2025)

 

$

4,916

 

June 24, 2027

 

 

6,432

 

June 29, 2028

 

 

6,286

 

June 28, 2029

 

 

5,367

 

June 27, 2030

 

 

4,493

 

June 26, 2031

 

 

4,036

 

Thereafter

 

 

2,348

 

Total lease payments

 

 

33,878

 

Less imputed interest

 

 

(5,576

)

Present value of operating lease liabilities

 

$

28,302

 

Summary of operating lease revenue

Leasing revenue is as follows:

 

 

For the Quarter Ended

 

 

September 25,
2025

 

 

September 26,
2024

 

Lease income related to lease payments

 

$

230

 

 

$

479

 

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 and thereafter are as follows:

 

Fiscal Year Ending

 

 

 

June 25, 2026 (excluding the quarter ended September 25, 2025)

 

$

916

 

June 24, 2027

 

 

1,225

 

June 29, 2028

 

 

639

 

June 28, 2029

 

 

560

 

June 27, 2030

 

 

544

 

June 26, 2031

 

 

556

 

Thereafter

 

 

1,887

 

 

$

6,327