Leases (Tables)
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12 Months Ended |
Jun. 25, 2026 |
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| Leases [Abstract] |
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| Supplemental information related to operating lease right-of-use assets and liabilities |
The following table provides supplemental information related to operating lease right-of-use assets and liabilities:
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June 25,
2026 |
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June 26,
2025 |
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Affected Line Item in Consolidated
Balance Sheet |
Assets |
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Operating lease right-of-use assets |
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$ |
24,584 |
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$ |
27,824 |
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Operating lease right-of-use assets |
Total lease right-of-use assets |
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$ |
24,584 |
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$ |
27,824 |
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Liabilities |
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Current: |
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Operating leases |
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$ |
5,228 |
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$ |
4,515 |
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Other accrued expenses |
Noncurrent: |
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Operating leases |
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20,648 |
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24,224 |
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Long-term operating lease liabilities |
Total lease liabilities |
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$ |
25,876 |
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$ |
28,739 |
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| Summary of company's total lease costs and other information arising from operating lease transactions |
The following tables summarize the Company’s total lease costs and other information arising from operating lease transactions:
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Year Ended
June 25, 2026 |
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Year Ended
June 26, 2025 |
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Year Ended
June 27, 2024 |
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Operating lease costs (a) |
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$ |
7,676 |
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$ |
7,379 |
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$ |
3,147 |
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Variable lease costs (b) |
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1,066 |
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1,282 |
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(25 |
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Total Lease Cost |
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$ |
8,742 |
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$ |
8,661 |
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$ |
3,122 |
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(a)Includes short-term leases which are immaterial. Variable lease costs consist of sales tax and lease overtime charges along with reimbursement to the lessor for property taxes and insurance which were recognized in the period incurred.
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| Summary of Supplemental cash flow and other information related to leases |
Supplemental cash flow and other information related to leases was as follows:
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Year Ended
June 25,
2026 |
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Year Ended
June 26,
2025 |
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Year Ended
June 27,
2024 |
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Operating cash flows information: |
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Cash paid for amounts included in measurements for lease
liabilities |
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$ |
6,559 |
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$ |
5,609 |
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$ |
2,636 |
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Non-cash activity: |
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Right-of-use assets obtained in exchange for new operating
lease obligations |
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$ |
1,862 |
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$ |
4,959 |
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$ |
23,000 |
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| Summary of other information |
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June 25,
2026 |
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June 26,
2025 |
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Weighted Average Remaining Lease Term (in years) |
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4.8 |
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5.7 |
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Weighted Average Discount Rate |
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6.7 |
% |
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6.7 |
% |
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| Summary of maturities of operating lease liabilities |
Maturities of operating lease liabilities as of June 25, 2026 are as follows:
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Fiscal Year Ending |
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June 24, 2027 |
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$ |
6,766 |
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June 29, 2028 |
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6,525 |
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June 28, 2029 |
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5,618 |
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June 27, 2030 |
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4,747 |
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June 26, 2031 |
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4,217 |
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Thereafter |
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2,446 |
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Total lease payments |
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30,319 |
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Less imputed interest |
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(4,443 |
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Present value of operating lease liabilities |
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$ |
25,876 |
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| Summary of operating lease revenue |
Leasing revenue is as follows:
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Year Ended
June 25,
2026 |
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Year Ended
June 26,
2025 |
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Year Ended
June 27,
2024 |
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Lease income related to lease payments |
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$ |
1,037 |
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$ |
1,479 |
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$ |
2,010 |
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| Undiscounted fixed lease consideration under non-cancelable tenant operating leases |
The future minimum, undiscounted fixed cash flows under non-cancelable tenant operating leases for each of the next five years and thereafter is presented below.
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Fiscal Year Ending |
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June 24, 2027 |
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$ |
1,397 |
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June 29, 2028 |
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831 |
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June 28, 2029 |
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765 |
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June 27, 2030 |
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757 |
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June 26, 2031 |
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763 |
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Thereafter |
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1,887 |
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$ |
6,400 |
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