v3.26.1
Property, plant and equipment, net
 12 Months Ended
Jun. 26, 2026
Property, Plant, and Equipment [Abstract]  
Property, plant and equipment, net Property, plant and equipment, net
The components of property, plant and equipment, net were as follows:
(in thousands)Land and
Land
Improvements		Building
and
Building
Improvements		Manufacturing
Equipment		Office
Equipment		Motor
Vehicles		ComputersConstruction
and
Machinery
Under
Installation		Total
As of June 26, 2026
Cost$68,675 $330,841 $512,821 $7,801 $1,410 $38,668 $82,006 $1,042,222 
Less: Accumulated depreciation(949)(102,041)(293,870)(5,892)(935)(23,189)— (426,876)
Less: Impairment reserve— — (279)— — — — (279)
Net book value$67,726 $228,800 $218,672 $1,909 $475 $15,479 $82,006 $615,067 
As of June 27, 2025
Cost$61,534 $222,640 $374,322 $6,395 $1,296 $30,736 $51,048 $747,971 
Less: Accumulated depreciation(635)(92,478)(248,833)(5,502)(904)(18,690)— (367,042)
Less: Impairment reserve— — (289)— — — — (289)
Net book value$60,899 $130,162 $125,200 $893 $392 $12,046 $51,048 $380,640 
Depreciation expense amounted to $67.5 million, $52.5 million and $48.2 million for the years ended June 26, 2026, June 27, 2025 and June 28, 2024, respectively, and has been allocated between cost of revenues and selling, general and administrative expenses in the consolidated statements of operations and comprehensive income.
The cost of fully depreciated property, plant and equipment written-off during the years ended June 26, 2026, June 27, 2025 and June 28, 2024 amounted to $6.5 million, $12.5 million and $10.7 million, respectively.
As of June 26, 2026, June 27, 2025 and June 28, 2024, the Company recognized impairment reserves for property, plant and equipment of $0.3 million, $0.3 million and $0.3 million, respectively.