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Related Party Transactions (Tables)

9 Months Ended

Mar. 28, 2025

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

A summary of the related party activity between the Company and NEC is as follows:

			Three Months Ended												Nine Months Ended
(In thousands)			March 28, 2025						March 29, 2024						March 28, 2025						March 29, 2024
Transition services received			$	1,131					$	1,152					$	3,026					$	2,236
Research and development services received			—						3,220						5,401						4,303
Purchase of inventories			12,407						4,783						35,746						4,783

As of March 28, 2025, the Company’s outstanding related party balances with NEC included in the unaudited condensed consolidated balance sheets are as follows:

(In thousands)
Accounts receivable, net						$	1,102
Accounts payable						38,511
Other current liabilities						13,213

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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