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Leases (Tables)

12 Months Ended

Jun. 28, 2020

Lease assets and liabilities as of June 28, 2020, and the corresponding balance sheet classifications, are as follows (in millions of U.S. Dollars):


Operating Leases:
Right-of-use asset ⁽¹⁾						$14.0

Current lease liability ⁽²⁾						5.2
Non-current lease liability ⁽³⁾						8.7
Total operating lease liabilities						13.9

Finance Leases:
Finance lease assets ⁽⁴⁾						15.4

Current portion of finance lease liabilities						3.6
Finance lease liabilities, less current portion						11.4
Total finance lease liabilities						15.0

⁽¹⁾ Within other assets on the consolidated balance sheets.

⁽²⁾ Within other current liabilities on the consolidated balance sheets.

⁽³⁾ Within other long-term liabilities on the consolidated balance sheets.

⁽⁴⁾ Within property and equipment, net on the consolidated balance sheets.

Cash flow information consisted of the following:


			Fiscal year ended
(in millions of U.S. Dollars)			June 28, 2020
Cash used in operating activities:
Cash paid for operating leases			$6.4
Cash paid for interest portion of financing leases			0.1
Cash used in financing activities:
Cash paid for principal portion of finance leases			0.8
Non-cash operating activities:
Operating lease additions due to adoption of ASC 842			12.2
Operating lease additions and modifications, net			7.6
Finance lease additions			15.7

Maturities of operating and finance lease liabilities as of June 28, 2020 were as follows (in millions of U.S. Dollars):

Maturities of operating and finance lease liabilities as of June 28, 2020 were as follows (in millions of U.S. Dollars):

Supplemental Disclosures


	Operating Leases		Finance Leases
Weighted average remaining lease term (in months) ⁽¹⁾	40		337
Weighted average discount rate ⁽²⁾	3.46	%	3.00	%

⁽¹⁾ Weighted average remaining lease term of finance leases without the 49-year ground lease is 31 months.

⁽²⁾ Weighted average discount rate of finance leases without the 49-year ground lease is 3.51%.

The aggregate future non-cancelable minimum rental payments on operating leases as of June 30, 2019, were as follows:


Fiscal Years Ending			(in millions of U.S. Dollars)
June 28, 2020			$4.1
June 27, 2021			2.3
June 26, 2022			1.2
June 25, 2023			0.7
June 30, 2024			—
Thereafter			—
Total future minimum rental payments			$8.3