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REVENUE RECOGNITION (Tables)
3 Months Ended
Sep. 27, 2023
Revenue from Contract with Customer [Abstract]  
Changes in Deferred Franchise and Development Fees
The following table reflects the changes in deferred franchise and development fees between June 28, 2023 and September 27, 2023:
Deferred Franchise and Development Fees
Balance as of June 28, 2023$11.1 
Amount recognized to Franchise revenues(0.4)
Balance as of September 27, 2023$10.7 
Remaining Deferred Franchise and Development Fees to be Recognized
The following table illustrates franchise and development fees expected to be recognized in the future related to performance obligations that were unsatisfied or partially unsatisfied as of September 27, 2023:
Fiscal YearFranchise and Development Fees Revenue Recognition
Remainder of 2024$0.7 
20250.9 
20260.8 
20270.8 
20280.7 
Thereafter6.8 
$10.7 
Changes in the Gift Card Liability The following table reflects the changes in the Gift card liability between June 28, 2023 and September 27, 2023:
Gift Card Liability
Balance as of June 28, 2023$73.0 
Gift card sales18.1 
Gift card redemptions recognized to Company sales(23.8)
Gift card breakage recognized to Company sales(3.0)
Other0.6 
Balance as of September 27, 2023
$64.9