The Company is a lessee in several operating leases, primarily real estate facilities for office space. The Company's lease arrangements are composed of operating leases with various expiration dates through March 31, 2042. The Company's leases do not contain any material residual value guarantees.



	June 27, 2026			June 28, 2025
Operating lease costs(1)	$	14.6		$	13.0

Cash paid for amounts included in the measurement of operating lease liabilities	$	14.9		$	13.0
Operating ROU assets obtained in exchange for operating lease obligations	$	20.5		$	8.5










Weighted-average remaining lease term	5.6 years			6.1 years
Weighted-average discount rate	6.4		%	6.0		%

(1) Total variable lease costs were immaterial during the fiscal years ended June 27, 2026 and June 28, 2025. The total operating lease costs were included in Cost of revenues, R&D and SG&A in the Consolidated Statements of Operations.


Fiscal Years
2027	$	12.6
2028	11.6
2029	8.8
2030	6.0
2031	4.2
Thereafter	8.3
Total lease payments	51.5
Less: Interest	(8.5)
Present value of lease liabilities	$	43.0

The Company’s ARO liability is primarily associated with leasehold improvements which the Company is contractually obligated to remove at the end of a lease to comply with the lease agreement. The Company derecognizes ARO liabilities when the related obligations are settled. As of June 27, 2026 and June 28, 2025, the Consolidated Balance Sheets included ARO balances of $0.5 million and $0.4 million, respectively, in Other current liabilities and $4.6 million and $3.5 million, respectively, in Other non-current liabilities.




	Balance at Beginning of Period		Liabilities Incurred		Liabilities Settled		Accretion Expense		Revisions to Estimates		Balance at End of Period
Year ended June 27, 2026	$	3.9	$	1.1	$	—	$	0.1	$	—	$	5.1
Year ended June 28, 2025	4.2		0.4		(0.8)		—		0.1		3.9