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v3.22.2.2

LEASES (Tables) | 12 Months Ended
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Jun. 26, 2022
LEASES [Abstract] |
Components of Total Lease Expense | The components of total lease expense for the fiscal year ended June 26, 2022, the majority of which is included in general and administrative expense in the accompanying Consolidated Statements of Income, are as follows (in thousands):
|  | Fiscal Year Ended June 26, 2022 |
Operating lease cost |  | $ | 498 |
Sublease income |  |  | (186 | )
Total lease expense, net of sublease income |  | $ | 312 |
Supplemental Cash Flow Information Related to Operating Leases | Supplemental cash flow information related to operating leases is included in the table below (in thousands):
|  | Fiscal Year Ended June 26, 2022 |
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 551 |
Supplemental Balance Sheet Information Related to Operating Leases | Supplemental balance sheet information related to operating leases is included in the table below (in thousands):
|  | Fiscal Year Ended June 26, 2022 |
Operating lease right of use assets, net |  | $ | 1,664 |
Operating lease liabilities, current |  |  | 490 |
Operating lease liabilities, net of current portion |  |  | 1,421 |
Weighted Average Remaining Lease Term and Weighted Average Discount Rate | Weighted average remaining lease term and weighted average discount rate for operating leases are as follows:
|  | Fiscal Year Ended June 26, 2022 |
Weighted average remaining lease term |  | 3.1 Years |
Weighted average discount rate |  |  | 4.0% |
Maturities of Operating Lease Liabilities | Operating lease liabilities with enforceable contract terms that are greater than one year mature as follows (in thousands):
|  | Operating Leases |
2023 |  | $ | 558 |
2024 |  |  | 511 |
2025 |  |  | 433 |
2026 |  |  | 382 |
Thereafter |  |  | 191 |
Total operating lease payments |  | $ | 2,075 |
Less: imputed interest |  | $ | (164 | )
Total operating lease liability |  | $ | 1,911 |
Future Minimum Rental Payments For Operating Leases | Future minimum rental payments under active non-cancelable leases with initial or remaining terms of one year or more at June 26, 2022 were as follows (in thousands):
|  | Operating Leases |
2023 |  | $ | 1,056 |
2024 |  |  | 845 |
2025 |  |  | 685 |
2026 |  |  | 490 |
2027 |  |  | 278 |
Thereafter |  |  | 86 |
|  | $ | 3,440 |
Future Minimum Sublease Rental Income | Future minimum sublease rental income under active non-cancelable leases with initial or remaining terms of one year or more at June 26, 2022 were as follows (in thousands):
|  | Sublease Rental Income |
2023 |  | $ | 177 |
2024 |  |  | 128 |
2025 |  |  | 53 |
|  | $ | 358 |
Components of Rental Expense | Rental expense consisted of the following (in thousands):
|  | Fiscal Year Ended |
|  | June 26, 2022 |  |  | June 27, 2021 |
Minimum rentals |  | $ | 498 |  |  | $ | 705 |
Sublease rentals |  |  | (186 | ) |  |  | (200 | )
|  | $ | 312 |  |  | $ | 505 |

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References No definition available. + Details
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- Definition Tabular disclosure of information related to lessee's operating leases. + References No definition available. + Details
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- Definition Tabular disclosure of supplemental balance sheet information related to operating leases. + References No definition available. + Details
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- Definition Tabular disclosure of rental expense from operating leases for each period for which an income statement is presented with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included. + References No definition available. + 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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