v3.26.1
Severance liabilities (Tables)
 12 Months Ended
Jun. 26, 2026
Retirement Benefits [Abstract]  
Schedule of Severance Liabilities
The following table provides information regarding severance liabilities:
Years Ended
(in thousands)June 26,
2026		June 27,
2025
Changes in severance liabilities
Balance, beginning of the fiscal year$31,225 $24,093 
Current service cost3,341 2,975 
Interest cost865 966 
Benefit paid(685)(2,001)
Unrealized loss (gain) on exchange rate(855)3,306 
Actuarial (gain) loss on obligation204 1,886 
Balance, end of the fiscal year$34,095 $31,225 
Schedule of Future Maturities of Severance Liabilities
The following table sets forth our severance liabilities as of June 26, 2026:
(in thousands)
2027$2,319 
20282,830 
20292,997 
20303,782 
20313,362 
Thereafter18,805 
Total$34,095 
Schedule of Severance Liabilities Recognized in Balance Sheet
The amount recognized in the consolidated balance sheets under current liabilities and non-current liabilities were determined as follows:
(in thousands)As of June 26,
2026		As of June 27,
2025
Current liabilities$2,319 $— 
Non-current liabilities$31,776 $31,225 
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets
The following table provides information regarding accumulated benefit obligations:
(in thousands)As of June 26,
2026		As of June 27,
2025
Accumulated benefit obligations$24,616 $22,140 
Schedule of Principal Actuarial Assumptions Used
The principal actuarial assumptions used were as follows:
Weighted average actuarial assumptions used to determine severance liabilities
Years Ended
June 26, 2026June 27, 2025June 28, 2024
Discount rate
3.1% - 4.0%
2.9% - 4.1%
3.9% - 5.5%
Future salary increases
3.5% - 10.0%
3.5% - 10.0%
3.5% - 10.0%