XML 38 R27.htm IDEA: XBRL DOCUMENT v3.21.1
Leases (Tables)
9 Months Ended
Mar. 28, 2021
Leases [Abstract]  
Schedule of Operating Lease Asset and Obligation Included in Condensed Consolidated Balance Sheets

The operating lease asset and obligation related to our El Paso warehouse lease included in the accompanying Condensed Consolidated Balance Sheets are presented below (in thousands):

 

 

 

March 28,

2021

 

Right-of Use Asset Under Operating Lease:

 

 

 

 

Other Long-Term Assets

 

$

3,490

 

Lease Obligation Under Operating Lease:

 

 

 

 

Current Liabilities: Accrued Liabilities: Other

 

$

366

 

Other Long-Term Liabilities

 

 

3,124

 

 

 

$

3,490

 

Schedule of Future Minimum Lease Payments Under Non-Cancelable Lease Including Options to Extend

Future minimum lease payments, by our fiscal year, including options to extend that are reasonably certain to be exercised, under this non-cancelable lease are as follows as of March 28, 2021 (in thousands):

 

2021 (for the remaining three months)

 

$

119

 

2022

 

 

484

 

2023

 

 

497

 

2024

 

 

509

 

2025

 

 

522

 

Thereafter

 

 

1,834

 

Total Future Minimum Lease Payments

 

 

3,965

 

Less: Imputed Interest

 

 

(475

)

Total Lease Obligations

 

$

3,490

 

Schedule of Cash Flow Information Related to Operating Lease

Cash flow information related to the operating lease is shown below (in thousands):

 

 

 

Nine Months Ended

 

 

 

March 28,

2021

 

Operating Cash Flows:

 

 

 

 

Cash Paid Related to Operating Lease Obligation

 

$

354

 

Schedule of Weighted Average Lease Term and Discount Rate for Operating Lease

The weighted average lease term and discount rate for the El Paso, Texas operating lease are shown below:

 

 

 

March 28,

2021

 

Weighted Average Remaining Lease Term (in years)

 

 

7.6

 

Weighted Average Discount Rate

 

 

3.3

%