v3.25.1
Leases (Tables)
9 Months Ended
Mar. 30, 2025
Leases [Abstract]  
Components of Total Lease Expense
The components of total lease expense for the three and nine months ended March 30, 2025 and March 24, 2024, where operating lease cost is included in general and administrative expense and sublease income is included in revenues in the accompanying Condensed Consolidated Statements of Income, are as follows (in thousands):
 
  
Three Months Ended
 
Nine Months Ended
  
March 30, 2025
 
March 24, 2024
 
March 30, 2025
 
March 24, 2024
Operating lease cost
 $88  $104  $295  $344 
Sublease income
  (7)  (23)  (53)  (108)
Total lease expense, net of sublease income
 $81  $81  $242  $236 
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:
 
  
March 30, 2025
 
June 30, 2024
Weighted average remaining lease term
 1.9 Years  
1.5 Years
 
Weighted average discount rate
  4.2%  4.0%
Maturities of Operating Lease Liabilities
Remaining operating lease liabilities with enforceable contract terms that are greater than one year mature as follows (in thousands):
 
  
Operating Leases
Fiscal Year 2025
  
96
 
Fiscal Year 2026
  
388
 
Fiscal Year 2027
  
197
 
Fiscal Year 2028
  
6
 
Fiscal Year 2029
  
6
 
Thereafter
  
1
 
Total operating lease payments
 
$
694
 
Less: imputed interest
  
(27
)
Total operating lease liability
 
$
667