| LEASES The following is a summary of the Company’s lease cost. | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended | | Year-To-Date Ended | | (In millions) | July 4,
2026 | | June 28,
2025 | | July 4,
2026 | | June 28,
2025 | | Operating lease cost | $ | 8.9 | | | $ | 7.5 | | | $ | 17.0 | | | $ | 14.9 | | | Variable lease cost | 2.8 | | | 3.6 | | | 5.7 | | | 6.6 | | | Short-term lease cost | — | | | 0.3 | | | 0.7 | | | 0.7 | | | Sublease income | (2.4) | | | (2.6) | | | (4.5) | | | (4.7) | | | Total lease cost | $ | 9.3 | | | $ | 8.8 | | | $ | 18.9 | | | $ | 17.5 | |
The following is a summary of the Company’s supplemental cash flow information related to leases. | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended | | Year-To-Date Ended | | (In millions) | July 4,
2026 | | June 28,
2025 | | July 4,
2026 | | June 28,
2025 | | Cash paid for operating lease liabilities | $ | 13.4 | | | $ | 10.7 | | | $ | 20.9 | | | $ | 19.8 | | | Operating lease assets obtained in exchange for lease liabilities | 9.2 | | | 7.0 | | | 23.1 | | | 11.0 | |
The Company did not enter into any real estate leases with commencement dates subsequent to July 4, 2026.
|