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SEGMENT INFORMATION (Tables)
 12 Months Ended
Jun. 24, 2020
Segment Information [Abstract]  
Schedule of Segment Reporting Information, by Segment The following tables reconcile our segment results to the consolidated results reported in accordance with GAAP:
 
Fiscal Year Ended June 24, 2020
 
Chili’s(2)
 
Maggiano’s
 
Other
 
Consolidated
Company sales
$
2,673.5

 
$
331.4

 
$
—

 
$
3,004.9

Royalties
33.7

 
0.2

 
—

 
33.9

Franchise fees and other revenues
24.5

 
15.2

 
—

 
39.7

Franchise and other revenues
58.2

 
15.4

 
—

 
73.6

Total revenues
2,731.7

 
346.8

 
—

 
3,078.5

 
 
 
 
 
 
 
 
Company restaurant expenses(1)
2,363.2

 
306.1

 
0.6

 
2,669.9

Depreciation and amortization
133.9

 
15.4

 
13.0

 
162.3

General and administrative
32.1

 
5.7

 
98.5

 
136.3

Other (gains) and charges
35.3

 
6.8

 
5.3

 
47.4

Total operating costs and expenses
2,564.5

 
334.0

 
117.4

 
3,015.9

 
 
 
 
 
 
 
 
Operating income (loss)
167.2

 
12.8

 
(117.4
)
 
62.6

Interest expenses
4.6

 
—

 
55.0

 
59.6

Other (income), net
(0.6
)
 
—

 
(1.3
)
 
(1.9
)
Income (loss) before income taxes
$
163.2

 
$
12.8

 
$
(171.1
)
 
$
4.9

 

 

 

 

Segment assets(3)
$
1,967.3

 
$
228.2

 
$
160.5

 
$
2,356.0

Payments for property and equipment
88.2

 
8.1

 
8.2

 
104.5


 
Fiscal Year Ended June 26, 2019
 
Chili’s
 
Maggiano’s
 
Other
 
Consolidated
Company sales
$
2,692.6

 
$
413.6

 
$
—

 
$
3,106.2

Royalties
52.8

 
0.3

 
—

 
53.1

Franchise fees and other revenues
36.8

 
21.8

 
—

 
58.6

Franchise and other revenues
89.6

 
22.1

 
—

 
111.7

Total revenues
2,782.2

 
435.7

 
—

 
3,217.9

 
 
 
 
 
 
 
 
Company restaurant expenses(1)
2,329.6

 
364.8

 
0.6

 
2,695.0

Depreciation and amortization
120.1

 
16.2

 
11.3

 
147.6

General and administrative
38.7

 
6.1

 
104.3

 
149.1

Other (gains) and charges(4)
(6.4
)
 
1.0

 
0.9

 
(4.5
)
Total operating costs and expenses
2,482.0

 
388.1

 
117.1

 
2,987.2

 
 
 
 
 
 
 
 
Operating income (loss)
300.2

 
47.6

 
(117.1
)
 
230.7

Interest expenses
3.2

 
0.3

 
58.1

 
61.6

Other (income), net
—

 
—

 
(2.7
)
 
(2.7
)
Income (loss) before income taxes
$
297.0

 
$
47.3

 
$
(172.5
)
 
$
171.8

 

 

 

 

Segment assets
$
1,002.8

 
$
163.9

 
$
91.6

 
$
1,258.3

Payments for property and equipment
129.1

 
10.8

 
27.7

 
167.6


 
Fiscal Year Ended June 27, 2018
 
Chili’s
 
Maggiano’s
 
Other
 
Consolidated
Company sales
$
2,628.3

 
$
413.2

 
$
—

 
$
3,041.5

Franchise and other revenues
71.9

 
22.0

 
—

 
93.9

Total revenues
2,700.2

 
435.2

 
—

 
3,135.4

 
 
 
 
 
 
 
 
Company restaurant expenses(1)
2,224.0

 
362.8

 
0.6

 
2,587.4

Depreciation and amortization
125.0

 
15.9

 
10.5

 
151.4

General and administrative
39.6

 
5.5

 
90.9

 
136.0

Other (gains) and charges
24.5

 
1.1

 
8.9

 
34.5

Total operating costs and expenses
2,413.1

 
385.3

 
110.9

 
2,909.3

 
 
 
 
 
 
 
 
Operating income (loss)
287.1

 
49.9

 
(110.9
)
 
226.1

Interest expenses
—

 
—

 
59.0

 
59.0

Other (income), net
—

 
—

 
(3.1
)
 
(3.1
)
Income (loss) before income taxes
$
287.1

 
$
49.9

 
$
(166.8
)
 
$
170.2

 
 
 
 
 
 
 
 
Payments for property and equipment
$
85.3

 
$
7.6

 
$
8.4

 
$
101.3

(1) 
Company restaurant expenses include Food and beverage costs, Restaurant labor and Restaurant expenses, including advertising expenses. Fiscal 2020 and fiscal 2019, are presented under the ASC 606 revenue accounting standard such that advertising contributions received from Chili’s franchisees are recorded as Franchise fees and other revenues, which differs from fiscal 2018 that included advertising contributions on a net basis within Company restaurant expenses.
(2) 
Chili’s segment information for fiscal 2020 includes the results of operations and fair value of assets and goodwill related to the 116 restaurants purchased from a former franchisee since the September 5, 2019 acquisition date. Refer to Note 3 - Chili's Restaurant Acquisition for further details.
(3) 
Segment assets for fiscal 2020 are presented in accordance with the newly adopted ASC 842 lease accounting standard that now include Operating lease assets. Refer to Note 4 - Leases for further details.
(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.