OTHER GAINS AND CHARGES

12 Months Ended

Jun. 28, 2023

Other (gains) and charges in the Consolidated Statements of Comprehensive Income consist of the following:


	Fiscal Years Ended
	June 28, 2023		June 29, 2022		June 30, 2021
Restaurant level impairment charges	$	12.1	$	8.5	$	3.0
Restaurant closure asset write-offs and charges	8.3		3.7		2.4
Enterprise system implementation costs	4.7		2.4		—
Severance and other benefit charges	3.7		—		0.5
Lease contingencies	2.0		3.1		2.2
Remodel-related asset write-off	1.1		4.9		2.3
Loss from natural disasters, net of (insurance recoveries)	0.8		1.1		2.9
Gain on sale of assets, net	(3.7)		—		(0.3)

Other	3.7		7.5		6.0
	$	32.7	$	31.2	$	19.0

Restaurant level impairment charges primarily associated with the following long-lived assets:

•Fiscal 2023 - 38 underperforming Chili’s restaurants. Refer to Note 4 - Fair Value Measurements for further details.

•Fiscal 2022 - 30 underperforming Chili’s and two underperforming Maggiano’s restaurants.

•Fiscal 2021 - 11 underperforming Chili’s and three underperforming Maggiano’s restaurants.

Restaurant closure asset write-offs and charges includes costs associated with the closure of certain Chili’s and Maggiano’s restaurants.

Enterprise system implementation costs primarily consists of software subscription fees, certain consulting fees, and contract labor associated with the ongoing enterprise system implementation that are not capitalized.

Severance and other benefit charges relates to changes in our management team and organizational structure in fiscal 2023 and the elimination of certain Maggiano’s banquet manager positions in fiscal 2021.

Lease contingencies includes expenses related to lease guarantees and certain sublease receivables for divested brands when we have determined it is probable that the current lessee will default on the lease obligation. Refer to Note 9 - Commitments and Contingencies for additional information about our secondarily liable lease guarantees.

Remodel-related asset write-off relates to assets that are removed or discarded in connection with Chili’s and Maggiano’s remodel projects.

Loss from natural disasters, net of (insurance recoveries) primarily relates to the following natural disasters:

•Fiscal 2023 - Hurricane Ian in September 2022 and the Winter Storm in December 2022.

•Fiscal 2022 - Hurricane Ida in August 2021.

•Fiscal 2021 - Winter Storm Uri in February 2021.

Gain on sale of assets, net in fiscal 2023 relates to sale of three land parcels for previously closed Chili’s restaurants.