Leases (Tables)

9 Months Ended

Jun. 27, 2020

The components of lease cost reflected in the Consolidated Statement of Operations for the three and six months ended March 31, 2021 and March 28, 2020 were as follows:

(in thousands)	Three months ended						Six months ended
	March 31, 2021			March 28, 2020			March 31, 2021			March 28, 2020
Operating lease cost	$	9,565		$	10,386		$	18,956		$	19,143
Short-term lease cost		610			1,017			1,158			2,890
Variable lease cost		2,476			575			4,863			2,490
Sublease income		(1,131	)		(1,013	)		(2,215	)		(2,025	)
Total lease cost	$	11,520		$	10,965		$	22,762		$	22,498

Supplemental cash flow information related to leases for the three and six months ended March 31, 2021 was as follows:

(in thousands)	Three months ended				Six months ended
	March 31, 2021		March 28, 2020		March 31, 2021		March 28, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	14,016	$	9,642	$	28,076	$	15,140
Financing cash flows from financing leases	$	—	$	—	$	279	$	—
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases⁽¹⁾	$	53	$	87	$	647	$	5,468
Financing leases	$	—	$	—	$	—	$	1,500

(1)

In the three months ended March 31, 2021, operating right-of-use assets also increased by $10.8 million from modifications and extensions to existing leases and by $1.3 million from assets obtained through acquisitions. In the three months ended March 28, 2020, operating right-of-use assets decreased by $1.3 million due to lease incentives being earned for a right-of-use asset obtained in the first quarter of 2020.

Supplemental balance sheet information related to leases as of March 31, 2021 was as follows:

	As of March 31, 2021
Weighted-average remaining lease term - operating leases	12.3 years
Weighted-average remaining lease term - financing leases	4.5 years
Weighted-average discount rate - operating leases		5.5	%
Weighted-average discount rate - financing leases		3.0	%

Schedule of Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of March 31, 2021 were as follows:

(in thousands)
Remainder of 2021	$	19,703
2022		34,768
2023		25,111
2024		22,057
2025		19,185
Thereafter		171,047
Total future lease payments	$	291,871
Less: imputed interest		(85,487	)
Total lease liability	$	206,384