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Leases (Tables) | 9 Months Ended
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Mar. 26, 2023
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: | March 26, 2023 |  | June 26, 2022
Right-of-use asset (1) | $70.0 |  |  | $48.5 |
Current lease liability (2) | 5.7 |  |  | 4.6 |
Non-current lease liability (3) | 72.9 |  |  | 43.6 |
Total operating lease liabilities | $78.6 |  |  | $48.2 |
Finance Leases: |  |  |
Finance lease assets (4) | $9.8 |  |  | $10.3 |
Current portion of finance lease liabilities | 0.5 |  |  | 0.5 |
Finance lease liabilities, less current portion | 9.3 |  |  | 9.6 |
Total finance lease liabilities | $9.8 |  |  | $10.1 |
(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 (1):
| Nine months ended
(in millions of U.S. Dollars) | March 26, 2023 |  | March 27, 2022
Cash (used in) provided by operating activities: |  |  |
Cash paid for operating leases | ($4.7) |  |  | ($5.8) |
Cash received from tenant improvement allowance on operating lease | 7.4 |  |  | — |
Cash paid for interest portion of financing leases | (0.2) |  |  | (0.2) |
Cash used in financing activities: |  |  |
Cash paid for principal portion of finance leases | (0.4) |  |  | (0.4) |
(1) See Note 5, "Financial Statement Details," for non-cash activities related to leases.
| Operating Leases | Finance Leases
Weighted average remaining lease term (in months) (1) | 146 | 470
Weighted average discount rate (2) | 4.62 | % | 2.69 | %
(1) Weighted average remaining lease term of finance leases excluding the 49-year ground lease is 42 months. (2) Weighted average discount rate of finance leases excluding the 49-year ground lease is 3.55%.
Schedule of Maturities of Operating Lease Liabilities | Maturities of operating and finance lease liabilities as of March 26, 2023 were as follows (in millions of U.S. Dollars):
Fiscal Year Ending | Operating Leases | Finance Leases | Total
June 25, 2023 (remainder of fiscal 2023) | $1.8 |  | $0.3 |  | $2.1 |
June 30, 2024 | 10.3 |  | 0.7 |  | 11.0 |
June 29, 2025 | 11.1 |  | 0.7 |  | 11.8 |
June 28, 2026 | 10.8 |  | 0.7 |  | 11.5 |
June 27, 2027 | 9.5 |  | 0.4 |  | 9.9 |
Thereafter | 81.2 |  | 14.1 |  | 95.3 |
Total lease payments | 124.7 |  | 16.9 |  | 141.6 |
Future tenant improvement allowances | (14.1) |  | — |  | (14.1) |
Imputed lease interest | (32.0) |  | (7.1) |  | (39.1) |
Total lease liabilities | $78.6 |  | $9.8 |  | $88.4 |
Schedule of Maturities of Finance Lease Liabilities | Maturities of operating and finance lease liabilities as of March 26, 2023 were as follows (in millions of U.S. Dollars):
Fiscal Year Ending | Operating Leases | Finance Leases | Total
June 25, 2023 (remainder of fiscal 2023) | $1.8 |  | $0.3 |  | $2.1 |
June 30, 2024 | 10.3 |  | 0.7 |  | 11.0 |
June 29, 2025 | 11.1 |  | 0.7 |  | 11.8 |
June 28, 2026 | 10.8 |  | 0.7 |  | 11.5 |
June 27, 2027 | 9.5 |  | 0.4 |  | 9.9 |
Thereafter | 81.2 |  | 14.1 |  | 95.3 |
Total lease payments | 124.7 |  | 16.9 |  | 141.6 |
Future tenant improvement allowances | (14.1) |  | — |  | (14.1) |
Imputed lease interest | (32.0) |  | (7.1) |  | (39.1) |
Total lease liabilities | $78.6 |  | $9.8 |  | $88.4 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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