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LEASES (Tables)

12 Months Ended

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

X

- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for guaranteed leases having initial or remaining lease terms in excess of one year and the total minimum rentals to be received in the future.

+ References

No definition available.

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Tabular disclosure of information related to lessee's operating leases.

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- Definition

Tabular disclosure of supplemental balance sheet information related to operating leases.

+ References

No definition available.

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- Definition

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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

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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
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

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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

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