PROPERTY, EQUIPMENT, ASSETS HELD FOR SALE, OPERATING LEASES, AND SALE-LEASEBACK TRANSACTIONS (Tables)

3 Months Ended

Sep. 04, 2012

PROPERTY, EQUIPMENT, ASSETS HELD FOR SALE, OPERATING LEASES, AND SALE-LEASEBACK TRANSACTIONS [Abstract]

Schedule of property, plant and equipment, net

Property and equipment, net, is comprised of the following (in thousands):

	September 4, 2012		June 5, 2012
Land	$	238,849	$	244,498
Buildings		482,341		494,537
Improvements		421,403		421,143
Restaurant equipment		273,208		276,576
Other equipment		91,341		95,400
Construction in progress and other*		23,351		26,473
		1,530,493		1,558,627
Less accumulated depreciation		590,783		592,022
	$	939,710	$	966,605

* Included in Construction in progress and other as of September 4, 2012 and June 5, 2012 are $18.4 million and $21.8 million, respectively, of assets held for sale that are not classified as such in the Condensed Consolidated Balance Sheets as we do not expect to sell these assets within the next 12 months. These assets primarily consist of parcels of land upon which we have no intention to build restaurants.

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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