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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 24, 2020
Jun. 26, 2019
Jun. 27, 2018
Revenues      
Total revenues $ 3,078.5 $ 3,217.9 $ 3,135.4
Operating costs and expenses      
Food and beverage costs 798.6 823.0 796.0
Restaurant labor 1,045.5 1,059.7 1,033.9
Restaurant expenses 825.8 812.3 757.5
Depreciation and amortization 162.3 147.6 151.4
General and administrative 136.3 149.1 136.0
Other (gains) and charges 47.4 (4.5) [1] 34.5
Total operating costs and expenses 3,015.9 2,987.2 2,909.3
Operating income 62.6 230.7 226.1
Interest expenses 59.6 61.6 59.0
Other (income), net (1.9) (2.7) (3.1)
Income before income taxes 4.9 171.8 170.2
Provision (benefit) for income taxes (19.5) 16.9 44.3
Net income $ 24.4 $ 154.9 $ 125.9
Basic net income per share:      
Basic net income per share $ 0.64 $ 4.04 $ 2.75
Diluted net income per share:      
Diluted net income per share $ 0.63 $ 3.96 $ 2.72
Basic weighted average shares outstanding 38.2 38.3 45.7
Diluted weighted average shares outstanding 38.9 39.1 46.3
Other comprehensive income (loss)      
Foreign currency translation adjustment $ (0.6) $ 0.2 $ 0.2
Other comprehensive income (loss) (0.6) 0.2 0.2
Comprehensive income 23.8 155.1 126.1
Company sales [Member]      
Revenues      
Revenues 3,004.9 3,106.2 3,041.5
Franchise and other revenues [Member]      
Revenues      
Revenues $ 73.6 $ 111.7 $ 93.9
[1]
(4) 
Other (gains) and charges in fiscal 2019 included the net impact from our completed sale leaseback transactions of 151 Company-owned Chili’s restaurant properties and one Maggiano’s property. As part of this transaction, we sold the related restaurant fixed assets, net of accumulated depreciation, totaling $185.3 million. Chili’s recognized a $26.8 million, and Maggiano’s recognized a $0.5 million gain on the sale, including a certain portion of the deferred gain, net of related transaction costs incurred in Other (gains) and charges in the Consolidated Statements of Comprehensive Income. Refer to Note 4 - Leases for further details.