Commitments and Contingencies |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 03, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies | Note 18. Commitments and Contingencies Legal Proceedings The Company is subject to a variety of claims and suits that arise from time to time in the ordinary course of its business. While management currently believes that resolving claims against the Company, individually or in aggregate, will not have a material adverse impact on its financial position, results of operations or statement of cash flows, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future. Were an unfavorable final outcome to occur, there exists the possibility of a material adverse impact on the Company’s financial position, results of operations or cash flows for the period in which the effect becomes reasonably estimable. Guarantees Outstanding Standby Letters of Credit and Performance Bonds As of October 3, 2026, the Company had standby letters of credit of $9.5 million and performance bonds of $2.0 million collateralized by restricted cash. Product Warranties The following table presents the changes in the Company’s warranty reserve during the three months ended October 3, 2026 (in millions):
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