Impairment and Other (Gains) Charges, Net

12 Months Ended

Oct. 03, 2021

Restructuring and Related Activities [Abstract]

Impairment and Other (Gains) Charges, Net

IMPAIRMENT AND OTHER (GAINS) CHARGES, NET

Impairment and other (gains) charges, net, in the accompanying consolidated statements of earnings is comprised of the following in each fiscal year (in thousands): 

	2021		2020		2019
Gains on disposition of property and equipment, net (1)	(6,888)		(9,768)		(6,244)
Costs of closed restaurants and other (2)	1,907		1,872		8,628
Accelerated depreciation (3)	1,592		235		1,616
Restructuring costs (4)	7		1,168		8,455
	$	(3,382)	$	(6,493)	$	12,455

________________________

(1)In 2021, 2020 and 2019 gains on disposition of property and equipment primarily related to the sales of restaurant properties, in addition to the sale of one of our corporate office buildings in 2020.

(2)In 2021, 2020 and 2019 costs of closed restaurants primarily include lease termination and impairment charges on future lease commitments and expected ancillary cost, net of anticipated sublease rentals, as a result of our decision to close restaurants, ongoing costs associated with closed restaurants, and canceled project costs.

(3)In 2021, 2020, and 2019 accelerated depreciation primarily related to facility improvements, restaurant remodels, and information technology assets.

(4)In 2020 and 2019 restructuring costs include charges resulting from a plan that management initiated to reduce our general and administrative costs, which was completed in the third quarter of 2020. In fiscal 2019, charges also include costs resulting from the exploration of strategic alternatives, which was concluded in the third quarter of 2019.