Impairment of Long-Lived Assets, Store Closings, Discontinued Operations and Property Held for Sale (Tables)

12 Months Ended

Aug. 26, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Restructuring and Asset Impairment Charges

The Company recognized the following impairment charges and gains on asset disposals to income from operations:

	Fiscal Year Ended
	August 26, 2020		August 28, 2019
	(In thousands, except per share data)
Net provision for asset impairments and restaurant closings	$	10,193	$	5,603
Net gain on disposition of property and equipment	(11,557)		(12,832)
Total	$	(1,364)	$	(7,229)
Effect on EPS:
Basic	$	0.05	$	0.24
Assuming dilution	$	0.05	$	0.24

Schedule of Assets and Liabilities of Discontinued Operations

The following table sets forth the assets and liabilities for all discontinued operations:  

	August 26, 2020		August 28, 2019
	(In thousands)
Property and equipment	$	1,715	$	1,813
Assets related to discontinued operations—non-current	$	1,715	$	1,813
Accrued expenses and other liabilities	17		14
Liabilities related to discontinued operations—current	$	17	$	14

Schedule of Discontinued Operations Income Statement

The following table sets forth the sales and pretax losses reported for all discontinued locations in fiscal 2020 and fiscal 2019: 

	Fiscal Year Ended
	August 26, 2020		August 28, 2019
	(In thousands, except locations)
Sales	$	—	$	—
Pretax loss	$	(29)	$	(7)
Income tax benefit on discontinued operations	$	—	$	—
Loss on discontinued operations	$	(29)	$	(7)
Discontinued locations closed during the period	—		—

Discontinued Operations

The following table summarizes discontinued operations for fiscal 2020 and 2019:  

	Fiscal Year Ended
	August 26, 2020		August 28, 2019
	(In thousands, except per share data)
Discontinued operating losses	$	(29)	$	(7)
Net loss	$	(29)	$	(7)
Income tax benefit (expense) from discontinued operations	—		—
Loss from discontinued operations, net of income taxes	$	(29)	$	(7)
Effect on EPS from discontinued operations—decrease—basic	$	0.00	$	0.00

The liability for our abandoned leases were as follows (in thousands):

	August 26, 2020		August 28, 2019
Short-term lease liability	$	365	$	—
Long-term lease liability	2,348		—
Accrued expenses and other liabilities	2,088		1,441
Total	$	4,801	$	1,441

Disclosure of Long Lived Assets Held-for-sale

A roll forward of property held for sale for fiscal 2020, and 2019 is provided below (in thousands):  

Balance as of August 29, 2018	$	19,469
Disposals	(6,036)
Net transfers to property held for sale	3,055
Balance as of August 28, 2019	$	16,488
Disposals	(9,590)
Net transfers to (from) property held for sale	4,351
Balance as of August 26, 2020	$	11,249