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Leases (Tables)
 12 Months Ended
Jun. 27, 2021
Leases [Abstract]  
Schedule of Lease Assets and Liabilities
Lease assets and liabilities and the corresponding balance sheet classifications are as follows (in millions of U.S. Dollars):
Operating Leases:June 27, 2021June 28, 2020
Right-of-use asset (1)
$12.1 $12.3 
Current lease liability (2)
4.5 4.8 
Non-current lease liability (3)
7.5 7.5 
Total operating lease liabilities12.0 12.3 
Finance Leases:
Finance lease assets (4)
$15.5 $15.4 
Current portion of finance lease liabilities5.2 3.6 
Finance lease liabilities, less current portion10.0 11.4 
Total finance lease liabilities15.2 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.
Schedule of Cash Flow Information
Cash flow information consisted of the following:
Fiscal years ended
(in millions of U.S. Dollars)June 27, 2021June 28, 2020
Cash used in operating activities:
Cash paid for operating leases$5.7 $5.5 
Cash paid for interest portion of financing leases0.3 0.1 
Cash used in financing activities:
Cash paid for principal portion of finance leases0.4 0.8 
Non-cash operating activities:
Operating lease additions due to adoption of ASC 842— 11.0 
Operating lease additions and modifications, net4.8 6.4 
Finance lease additions4.8 15.7 
Transfer of finance lease liability to accounts payable and accrued expenses (1)
4.2 — 
(1) In the first quarter of fiscal 2021, the Company executed the available bargain purchase option for certain finance leases relating to property and equipment, net, in order to purchase the assets.
Schedule of Maturities of Operating Lease Liabilities
Maturities of operating and finance lease liabilities as of June 27, 2021 were as follows (in millions of U.S. Dollars):
Fiscal Year EndingOperating LeasesFinance LeasesTotal
June 26, 2022$4.7 $5.5 $10.2 
June 25, 20233.6 0.7 4.3 
June 30, 20242.2 0.7 2.9 
June 29, 20251.2 0.7 1.9 
June 28, 20260.7 0.7 1.4 
Thereafter0.2 14.6 14.8 
Total lease payments12.6 22.9 35.5 
Imputed lease interest(0.6)(7.7)(8.3)
Total lease liabilities$12.0 $15.2 $27.2 
Schedule of Maturities of Finance Lease Liabilities
Maturities of operating and finance lease liabilities as of June 27, 2021 were as follows (in millions of U.S. Dollars):
Fiscal Year EndingOperating LeasesFinance LeasesTotal
June 26, 2022$4.7 $5.5 $10.2 
June 25, 20233.6 0.7 4.3 
June 30, 20242.2 0.7 2.9 
June 29, 20251.2 0.7 1.9 
June 28, 20260.7 0.7 1.4 
Thereafter0.2 14.6 14.8 
Total lease payments12.6 22.9 35.5 
Imputed lease interest(0.6)(7.7)(8.3)
Total lease liabilities$12.0 $15.2 $27.2 
Schedule of Weighted Average Remaining Lease Term and Discount Rates of Leases
Supplemental Disclosures
Operating LeasesFinance Leases
Weighted average remaining lease term (in months) (1)
35469
Weighted average discount rate (2)
2.85 %2.48 %
(1) Weighted average remaining lease term of finance leases without the 49-year ground lease is 65 months.
(2) Weighted average discount rate of finance leases without the 49-year ground lease is 1.24%.
Schedule of Future Minimum Rental Payments on Operating Leases
Future minimum rental income relating to the LED RELA is as follows (in millions of U.S. Dollars):
June 26, 20223.6 
June 25, 20232.4 
Total future minimum rental income6.0