Lease (Notes)

12 Months Ended

Jun. 27, 2020

Leases of Lessee Disclosure [Abstract]

LEASES

The Company's lease obligations consist of operating leases for domestic and international office facilities, data centers, and equipment. These leases expire at various dates through fiscal year 2031. For the year ended June 27, 2020, the Company recorded operating lease expense of $12.3 million. For each of the years ended June 29, 2019 and June 30, 2018, the Company recorded rent expense of $10.2 million.

Leases are included in the following Consolidated Balance Sheet lines:



	June 27, 2020
	(in thousands)
Other assets	$	54,610

Accrued expenses	$	10,445
Other liabilities	$	48,314

Maturities of lease liabilities as of June 27, 2020 are as follows:



	Operating Lease Obligations
Fiscal Year	(in thousands)
2021	$	12,144
2022	10,971
2023	9,759
2024	8,697
2025	6,891
Thereafter	17,083
Total	65,545
Less imputed interest	6,786
Total	$	58,759

Future minimum lease payments under non-cancelable operating leases as of June 29, 2019, based on the previous lease standard, are as follows:



	Operating Lease Obligations
Fiscal Year	(in thousands)
2021	$	15,068
2022	13,368
2023	7,689
2024	7,205
2025	4,229
Thereafter	5,893
Total	$	53,452

Other information related to leases as of June 27, 2020 are as follows:



Supplemental cash flow information:
Operating cash flows used for operating leases, in thousands	$	12,020

Weighted-average remaining lease term - operating leases, in years	7
Weighted-average discount rate - operating leases	3.36		%