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Leases (Tables)
 6 Months Ended
Dec. 27, 2020
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:December 27, 2020June 28, 2020
Right-of-use asset (1)
$11.2 $12.3 
Current lease liability (2)
4.9 4.8 
Non-current lease liability (3)
6.5 7.5 
Total operating lease liabilities11.4 12.3 
Finance Leases:
Finance lease assets (4)
$11.2 $15.4 
Current portion of finance lease liabilities0.4 3.6 
Finance lease liabilities, less current portion10.2 11.4 
Total finance lease liabilities10.6 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:
Six months ended
(in millions of U.S. Dollars)December 27, 2020December 29, 2019
Cash used in operating activities:
Cash paid for operating leases$2.7 $2.6 
Cash paid for interest portion of financing leases (1)
0.1 — 
Cash used in financing activities:
Cash paid for principal portion of finance leases0.2 0.1 
Non-cash activities:
Operating lease additions due to adoption of ASC 842— 11.0 
Operating lease additions and modifications, net1.4 4.8 
Finance lease additions— 3.3 
Transfer of finance lease liability to accounts payable and accrued expenses (2)
4.2 — 
(1) Less than $0.1 million for the six months ended December 29, 2019.
(2) 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.
Operating LeasesFinance Leases
Weighted average remaining lease term (in months) (1)
35467
Weighted average discount rate (2)
3.28 %2.77 %
(1) Weighted average remaining lease term of finance leases without the 49-year ground lease is 71 months.
(2) Weighted average discount rate of finance leases without the 49-year ground lease is 3.40%.
Schedule of Maturities of Operating Lease Liabilities
Maturities of operating and finance lease liabilities as of December 27, 2020 were as follows (in millions of U.S. Dollars):
Fiscal Year EndingOperating LeasesFinance LeasesTotal
June 27, 2021 (remainder of fiscal 2021)$3.1 $0.3 $3.4 
June 26, 20224.3 0.6 4.9 
June 25, 20232.4 0.7 3.1 
June 30, 20241.0 0.7 1.7 
June 29, 20250.8 0.7 1.5 
Thereafter0.4 15.3 15.7 
Total lease payments12.0 18.3 30.3 
Imputed lease interest(0.6)(7.7)(8.3)
Total lease liabilities$11.4 $10.6 $22.0 
Schedule of Maturities of Finance Lease Liabilities
Maturities of operating and finance lease liabilities as of December 27, 2020 were as follows (in millions of U.S. Dollars):
Fiscal Year EndingOperating LeasesFinance LeasesTotal
June 27, 2021 (remainder of fiscal 2021)$3.1 $0.3 $3.4 
June 26, 20224.3 0.6 4.9 
June 25, 20232.4 0.7 3.1 
June 30, 20241.0 0.7 1.7 
June 29, 20250.8 0.7 1.5 
Thereafter0.4 15.3 15.7 
Total lease payments12.0 18.3 30.3 
Imputed lease interest(0.6)(7.7)(8.3)
Total lease liabilities$11.4 $10.6 $22.0