Leases (Tables)

12 Months Ended

Jun. 27, 2026

Lease expense and cash flow information related to our operating leases is as follows (in millions):



	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.

Lessee, Operating Lease, Liability, Maturity

Future minimum operating lease payments as of June 27, 2026 are as follows (in millions):


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

Schedule of Asset Retirement Obligations

A summary of the activity in the ARO accrual is outlined below (in millions):




	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