Operating (Gains), Losses and Other Charges, Net

Operating (gains), losses and other charges, net are comprised of the following:



	Quarter Ended					Two Quarters Ended
	June 28, 2017		June 29, 2016			June 28, 2017			June 29, 2016
	(In thousands)
Pension settlement loss	$	—	$	24,297		$	—		$	24,297
Software implementation costs	1,544		—			3,668			—
Losses (gains) on sales of assets and other, net	205		(43		)	(1,235		)	(687		)
Restructuring charges and exit costs	297		(13		)	396			506
Operating (gains), losses and other charges, net	$	2,046	$	24,241		$	2,829		$	24,116

Software implementation costs of $3.7 million for the two quarters ended June 28, 2017 were the result of our investment in a new cloud-based Enterprise Resource Planning system. Gains on sales of assets and other, net of $1.2 million for the two quarters ended June 28, 2017 primarily related to real estate sold to a franchisee. The pre-tax pension settlement loss of $24.3 million related to the completion of the liquidation of the Advantica Pension Plan (the "Pension Plan") during the two quarters ended June 29, 2016. Gains on sales of assets and other, net of $0.7 million for the two quarters ended June 29, 2016 primarily related to restaurants sold to franchisees.

Restructuring charges and exit costs were comprised of the following:



	Quarter Ended					Two Quarters Ended
	June 28, 2017		June 29, 2016			June 28, 2017		June 29, 2016
	(In thousands)
Exit costs	$	295	$	(36	)	$	326	$	115
Severance and other restructuring charges	2		23			70		391
Total restructuring charges and exit costs	$	297	$	(13	)	$	396	$	506

The components of the change in accrued exit cost liabilities are as follows:



	(In thousands)
Balance, December 28, 2016	$	1,896
Exit costs ⁽¹⁾	326
Payments, net of sublease receipts	(928		)
Interest accretion	49
Balance, June 28, 2017	1,343
Less current portion included in other current liabilities	319
Long-term portion included in other noncurrent liabilities	$	1,024


(1)	Included as a component of operating (gains), losses and other charges, net.

As of June 28, 2017 and December 28, 2016, we had accrued severance and other restructuring charges of $0.2 million and $0.4 million, respectively. The balance as of June 28, 2017 is expected to be paid during the next 12 months.