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ACCRUED AND OTHER LIABILITIES - Schedule of Other Accrued Liabilities (Details) - USD ($)
$ in Millions
Jun. 24, 2020
Jun. 27, 2019
[5],[6]
Jun. 26, 2019
Accrued and other liabilities [Line Items]      
Property tax $ 22.9   $ 17.3
Insurance 20.7   17.9
Sales tax 13.3   14.6
Current installments of finance leases 12.2 [1]   9.7
Interest 7.5   7.5
Cyber security incident 3.4   0.8
Dividends(1) [2] 1.5   14.9
Deferred franchise and development fees 1.1   1.4
Deferred sale leaseback gains(2) [3] 0.0   19.3
Straight-line rent(2) [3] 0.0   5.1
Landlord contributions(2) [3] 0.0   2.7
Other(3) [4] 18.0   29.9
Other Accrued Liabilities, Current $ 100.6 $ 102.8 $ 141.1 [5],[6]
[1]
(1) 
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.
[2]
(1) 
Dividends included the current dividend payable on dividends previously accrued related to restricted share awards that will vest in the next year. Other liabilities contain the dividends accrued related to restricted shares that will vest after one year. No dividends were declared in the fourth quarter of fiscal 2020, refer to Note 15 - Shareholders’ Deficit for further details.
[3]
(2) 
Deferred sale leaseback gains at June 26, 2019 related to the current portion of the deferred gain on the sale leaseback transactions executed during the fiscal 2019. Upon the adoption of ASC 842, in fiscal 2020, the Deferred sale leaseback gains were eliminated as a cumulative effect adjustment to Retained earnings. Additionally, Straight-line rent and Landlord contributions balances were reclassified as a decrease to Operating lease assets upon the adoption of ASC 842. Refer to Note 4 - Leases for further details.
[4]
(3) 
Other primarily consisted of accruals for utilities and services, banquet deposits for Maggiano’s events, rent-related expenses, charitable donations, certain exit-related lease accruals and other various accruals. Accrual balances for certain exit-related lease accruals and rent-related expenses were reclassified as a decrease to Operating lease assets upon the adoption of ASC 842. Refer to Note 4 - Leases for further details.
[5]
(1) 
The following prior lease balances were reclassified into Operating lease assets upon adoption of ASC 842:
Current assets adjustment related to the prepaid rent.
Intangibles, net adjustment related to the favorable lease asset position.
Other accrued liabilities and Other liabilities balances adjustments related to the current and long-term portions of straight-line rent balances, unfavorable lease liability positions, exit-related lease accruals, and landlord contributions.
Additionally, Other accrued liabilities included $19.3 million of deferred gain on sale leaseback transactions that was eliminated as a cumulative effect adjustment to Retained earnings upon adoption, refer to (5) below, and Note 13 - Accrued and Other Liabilities at June 26, 2019 for further details.
[6]
(5) 
Deferred gain on sale leaseback transactions balance of $255.3 million, the related short-term deferred gain balance recorded within Other accrued liabilities of $19.3 million, and the associated Deferred income taxes, net of $68.6 million as described in (3) above, were eliminated upon ASC 842 adoption into Retained earnings as required by ASC 842 using the alternative transition method. No further gain will be amortized to Other (gains) and charges in the Consolidated Statements of Comprehensive Income effective fiscal 2020.