Acquisitions (Notes)

3 Months Ended

Sep. 26, 2020

Business Combination Disclosure [Text Block]

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 three months ended September 26, 2020, the Company recorded operating lease expense of $2.4 million.

Leases are included in the following Condensed Consolidated Balance Sheet lines:



	September 26, 2020		June 27, 2020
	(in thousands)
Other assets	$	52,070	$	54,610

Accrued expenses	$	10,673	$	10,445
Other liabilities	$	46,105	$	48,314

Future minimum lease payments under non-cancelable operating leases as of September 26, 2020 are as follows:



	Operating Lease Obligations
Fiscal Year	(in thousands)
Remainder of 2021	$	9,399
2022	11,513
2023	9,622
2024	8,429
2025	6,777
Thereafter	17,324
Total	63,064
Less imputed interest	6,286
Total	$	56,778

Future minimum lease payments under non-cancelable operating leases as of September 28, 2019 are as follows:



	Operating Lease Obligations
Fiscal Year	(in thousands)
Remainder of 2020	$	9,051
2021	11,647
2022	10,665
2023	9,549
2024	8,215
Thereafter	22,064
Total	71,191
Less imputed interest	8,204
Total	$	62,987

Other information related to leases as of September 26, 2020 are as follows:



	Three Months Ended
	September 26, 2020			September 28, 2019
Supplemental cash flow information:
Operating cash flows used for operating leases, in thousands	$	2,994		$	2,863

Weighted-average remaining lease term - operating leases, in years	6			7
Weighted-average discount rate - operating leases	3.28		%	3.45		%