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LEASES (Tables) | 12 Months Ended
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Jun. 25, 2023
LEASES [Abstract] |
Future Minimum Rental Payments for Guaranteed Leases | Future minimum rental payments for guaranteed leases with initial or remaining terms of one year or more at June 25, 2023 were as follows (in thousands):
|  | Guaranteed Leases |
2024 |  | $ | 333 |
2025 |  |  | 252 |
2026 |  |  | 108 |
2027 |  |  | 87 |
2028 |  |  | 87 |
Thereafter |  |  | — |
|  | $ | 867 |
Components of Total Lease Expense | The components of total lease expense for the fiscal years ended June 25, 2023 and 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 25, 2023 |  |  | Fiscal Year Ended June 26, 2022 |
Operating lease cost |  | $ | 494 |  |  | $ | 498 |
Sublease income |  |  | (186 | ) |  |  | (186 | )
Total lease expense, net of sublease income |  | $ | 308 |  |  | $ | 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 25, 2023 |  |  | Fiscal Year Ended June 26, 2022 |
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 558 |  |  | $ | 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 25, 2023 |  |  | Fiscal Year Ended June 26, 2022 |
Operating lease right of use asset, net |  | $ | 1,227 |  |  | $ | 1,664 |
Operating lease liabilities, current |  |  | 463 |  |  |  | 490 |
Operating lease liabilities, net of current portion |  |  | 958 |  |  |  | 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 25, 2023 |  |  | Fiscal Year Ended June 26, 2022 |
Weighted average remaining lease term |  | 2.1 Years |  |  |  | 3.1 Years |
Weighted average discount rate |  |  | 4.0 | % |  |  | 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 |
2024 |  | $ | 511 |
2025 |  |  | 433 |
2026 |  |  | 382 |
2027 |  |  | 191 |
2028 |  |  | — |
Thereafter |  |  | — |
Total operating lease payments |  | $ | 1,517 |
Less: imputed interest |  | $ | (96 | )
Total operating lease liability |  | $ | 1,421 |
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 25, 2023 were as follows (in thousands):
|  | Sublease Rental Income |
2024 |  | $ | 128 |
2025 |  |  | 53 |
|  | $ | 181 |
Components of Rental Expense | Rental expense consisted of the following (in thousands):
|  | Fiscal Year Ended |
|  | June 25, 2023 |  |  | June 26, 2022 |
Minimum rentals |  | $ | 494 |  |  | $ | 498 |
Sublease rentals |  |  | (186 | ) |  |  | (186 | )
|  | $ | 308 |  |  | $ | 312 |

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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 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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