Leases (Tables)

6 Months Ended

Mar. 28, 2025

The following table presents the maturity analysis of lease liabilities (in thousands):


	March 28, 2025
	Operating Leases
Remainder of Fiscal 2025	$	6,579
Fiscal 2026	10,320
Fiscal 2027	7,603
Fiscal 2028	7,014
Fiscal 2029	5,657
Thereafter	9,661
Total undiscounted lease payments	46,834
Less: imputed interest	(6,403)
Total lease liabilities	$	40,431

The components of lease income were as follows (in thousands):


	Fiscal Quarter Ended				Fiscal Year-To-Date Ended
	March 28, 2025		March 29, 2024		March 28, 2025		March 29, 2024
Operating Lease Income
Variable operating lease income	$	6,318	$	7,023	$	14,765	$	13,338
Fixed operating lease income	982		795		1,940		1,607

The following table presents the maturity analysis of fixed lease payments due to Dolby (in thousands):


	March 28, 2025
	Operating Leases		Sales-Type Leases
Remainder of Fiscal 2025	$	200	$	620
Fiscal 2026	932		220
Fiscal 2027	—		220
Fiscal 2028 and thereafter	—		220


Total undiscounted cash flows	$	1,132	1,280
Less: Carrying value of lease receivables			(181)
Difference			$	1,099

The following table presents the maturity analysis of fixed lease payments due to Dolby (in thousands):


	March 28, 2025
	Operating Leases		Sales-Type Leases
Remainder of Fiscal 2025	$	200	$	620
Fiscal 2026	932		220
Fiscal 2027	—		220
Fiscal 2028 and thereafter	—		220


Total undiscounted cash flows	$	1,132	1,280
Less: Carrying value of lease receivables			(181)
Difference			$	1,099

Dolby Laboratories, Inc. 10-Q