XML 97 R37.htm IDEA: XBRL DOCUMENT
v3.21.2

LEASES (Tables) | 12 Months Ended
--- | ---
Jul. 03, 2021
Leases [Abstract] |
Lease, Cost | The components of lease expense were as follows as of July 3, 2021 and June 27, 2020 (in thousands):
|  | Year Ended |  | Year Ended
Lease cost | Classification | July 3, 2021 |  | June 27, 2020
Operating lease cost | Cost of sales | $ | 4,818 |  |  | $ | 4,511 |
Operating lease cost | Selling, general and administrative expenses | 1,270 |  |  | 1,266 |
Total lease cost |  | $ | 6,088 |  |  | $ | 5,777 |
Fixed lease cost |  | $ | 4,943 |  |  | $ | 5,335 |
Short-term lease cost |  | $ | 1,145 |  |  | $ | 442 |
Total lease cost |  | $ | 6,088 |  |  | $ | 5,777 |
Lessee, Operating Lease, Disclosure | Amounts reported in the Consolidated Balance Sheet as of July 3, 2021 and June 27, 2020 were (in thousands, except weighted average lease term and discount rate):
| July 3, 2021 |  | June 27, 2020
Operating Leases: |  |  |
Operating lease right of use assets | $ | 15,745 |  |  | $ | 17,568 |
Operating lease liabilities (1) | 15,653 |  |  | 17,173 |
Weighted-average remaining lease term (in years) |  |  |
Operating leases | 5.95 |  | 6.46
Weighted-average discount rate |  |  |
Operating leases | 4.05 | % |  | 4.07 | %
(1) For fiscal year 2021 and 2020, the current portion of the total operating lease liabilities is classified under Other Current Liabilities. Other information related to leases was as follows (in thousands):
| July 3, 2021 |  | June 27, 2020
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | 4,976 |  |  | 4,237 |
Lessee, Operating Lease, Liability, Maturity | Future lease payments under non-cancellable leases as of July 3, 2021 are as follows (in thousands):
Fiscal Years Ending |  | Operating Leases
2022 |  | $ | 4,225 |
2023 |  | 3,140 |
2024 |  | 2,526 |
2025 |  | 2,427 |
2026 |  | 1,865 |
Thereafter |  | 4,125 |
Total undiscounted lease payments |  | 18,308 |
Less: present value discount |  | 2,655 |
Total lease liabilities |  | $ | 15,653 |

X
- 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 http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=121580752&loc=d3e38371-112697 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41499-112717 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121555522&loc=d3e12069-110248 Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121549808&loc=d3e36991-112694 + Details
Name: | us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration