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ACCRUED AND OTHER LIABILITIES (Schedule of Other Accrued Liabilities) (Details) - USD ($)
$ in Millions
Sep. 25, 2019
Jun. 27, 2019
Jun. 26, 2019
Other accrued liabilities [Line Items]      
Property tax $ 25.1   $ 17.3
Insurance 19.5   17.9
Dividends(1) 15.5 [1]   14.9
Sales tax 15.1   14.6
Interest 14.9   7.5
Current installments of finance leases 10.2 [2]   9.7
Deferred franchise and development fees (refer to Note 4 - Revenue Recognition) 1.4   1.4
Cyber security incident 0.5   0.8
Deferred liabilities and sale leaseback gains 0.0 [3]   19.3
Straight-line rent(2) 0.0 [3]   5.1
Landlord contributions(2) 0.0 [3]   2.7
Other(3) 22.4 [4]   29.9
Other accrued liabilities $ 124.6 $ 102.8 $ 141.1
[1]
Dividends included the current dividend payable on shares outstanding and current dividends previously accrued related to restricted share awards that will vest in the next year. Other liabilities contains the dividends accrued related to restricted shares that will vest after one year period. Refer to Note 11 - Shareholders’ Deficit for further details.
[2]
Finance lease assets are recorded in Property and equipment, at cost, and the related current and long-term lease liabilities are recorded within Other accrued liabilities and Long-term debt and finance leases, less current installments, respectively.
[3] Straight-line rent, and Landlord contributions balances were reclassified to Operating lease assets upon the adoption of ASC 842 during the thirteen week period ended September 25, 2019. Additionally, upon ASC 842 adoption, the Deferred sale leaseback gains was eliminated as a cumulative effect adjustment to Retained earnings. Refer to Note 3 - Leases for further details.
[4]
Other primarily consisted of accruals for utilities and services, banquet deposits for Maggiano’s events, certain exit-related lease accruals, rent-related expenses and other various accruals. During the thirteen week period ended September 25, 2019, accrual balances for certain exit-related lease accruals and rent-related expenses were reclassified to Operating lease assets upon the adoption of ASC 842 during the thirteen week period ended September 25, 2019. Refer to Note 3 - Leases for further details.