SEGMENT INFORMATION (Tables)

9 Months Ended

Mar. 25, 2020

Segment Reporting [Abstract]

Segment Information Schedule

The following tables reconcile our segment results to our consolidated results reported in accordance with GAAP:

	Thirteen Week Period Ended March 25, 2020
	Chili’s(1)			Maggiano’s		Other			Consolidated
Company sales	$	748.7		$	91.7	$	—		$	840.4
Royalties	9.4			0.1		—			9.5
Franchise fees and other revenues	6.3			3.8		—			10.1
Franchise and other revenues	15.7			3.9		—			19.6
Total revenues	764.4			95.6		—			860.0
Company restaurant expenses	648.4			84.3		0.1			732.8
Depreciation and amortization	36.5			3.8		3.2			43.5
General and administrative	5.9			1.1		16.3			23.3
Other (gains) and charges	14.9			2.4		2.0			19.3
Total operating costs and expenses	705.7			91.6		21.6			818.9
Operating income (loss)	58.7			4.0		(21.6		)	41.1
Interest expenses	1.1			—		13.2			14.3
Other (income), net	(0.1		)	—		(0.3		)	(0.4		)
Income (loss) before provision for income taxes	$	57.7		$	4.0	$	(34.5	)	$	27.2

	Thirteen Week Period Ended March 27, 2019
	Chili’s			Maggiano’s		Other			Consolidated
Company sales	$	709.8		$	101.8	$	—		$	811.6
Royalties	13.4			0.1		—			13.5
Franchise fees and other revenues	9.5			4.7		—			14.2
Franchise and other revenues	22.9			4.8		—			27.7
Total revenues	732.7			106.6		—			839.3
Company restaurant expenses	604.1			91.2		0.1			695.4
Depreciation and amortization	29.8			3.9		2.7			36.4
General and administrative	10.5			1.3		29.0			40.8
Other (gains) and charges	(3.0		)	—		(0.5		)	(3.5		)
Total operating costs and expenses	641.4			96.4		31.3			769.1
Operating income (loss)	91.3			10.2		(31.3		)	70.2
Interest expenses	0.6			—		14.7			15.3
Other (income), net	—			—		(0.6		)	(0.6		)
Income (loss) before provision for income taxes	$	90.7		$	10.2	$	(45.4	)	$	55.5

	Thirty-Nine Week Period Ended March 25, 2020
	Chili’s(1)			Maggiano’s		Other			Consolidated
Company sales	$	2,154.6		$	297.2	$	—		$	2,451.8
Royalties	31.1			0.2		—			31.3
Franchise fees and other revenues	17.4			14.8		—			32.2
Franchise and other revenues	48.5			15.0		—			63.5
Total revenues	2,203.1			312.2		—			2,515.3
Company restaurant expenses	1,885.0			266.6		0.4			2,152.0
Depreciation and amortization	99.3			11.8		9.8			120.9
General and administrative	23.5			4.3		68.1			95.9
Other (gains) and charges	23.9			2.5		4.3			30.7
Total operating costs and expenses	2,031.7			285.2		82.6			2,399.5
Operating income (loss)	171.4			27.0		(82.6		)	115.8
Interest expenses	3.1			—		41.1			44.2
Other (income), net	(0.4		)	—		(1.0		)	(1.4		)
Income (loss) before provision for income taxes	$	168.7		$	27.0	$	(122.7	)	$	73.0
Segment assets(2)	$	2,081.7		$	245.1	$	258.6		$	2,585.4
Segment goodwill	149.0			38.4		—			187.4
Payments for property and equipment	68.9			6.2		6.9			82.0

	Thirty-Nine Week Period Ended March 27, 2019
	Chili’s			Maggiano’s		Other			Consolidated
Company sales	$	1,990.7		$	310.7	$	—		$	2,301.4
Royalties	39.5			0.1		—			39.6
Franchise fees and other revenues	26.6			16.2		—			42.8
Franchise and other revenues	66.1			16.3		—			82.4
Total revenues	2,056.8			327.0		—			2,383.8
Company restaurant expenses	1,734.3			275.2		0.5			2,010.0
Depreciation and amortization	89.8			11.8		7.9			109.5
General and administrative	28.4			4.5		77.1			110.0
Other (gains) and charges(3)	(13.9		)	—		1.5			(12.4		)
Total operating costs and expenses	1,838.6			291.5		87.0			2,217.1
Operating income (loss)	218.2			35.5		(87.0		)	166.7
Interest expenses	2.3			0.2		43.8			46.3
Other (income), net	—			—		(2.2		)	(2.2		)
Income (loss) before provision for income taxes	$	215.9		$	35.3	$	(128.6	)	$	122.6
Payments for property and equipment	$	96.1		$	8.1	$	23.8		$	128.0

⁽¹⁾  Chili’s segment information for fiscal 2020 includes the results of operations and fair value of assets and goodwill related to the 116 restaurants since the September 5, 2019 acquisition date. Refer to Note 3 - Chili’s Restaurant Acquisition for further details.

⁽²⁾  Segment assets for fiscal 2020 are presented in accordance with the newly adopted ASC 842 that now include Operating lease assets. Refer to Note 4 - Leases for further details.

⁽³⁾ 

Other (gains) and charges during the thirty-nine week period ended March 27, 2019 included the net impact from our completed sale leaseback transactions of 149 Company-owned Chili’s restaurant properties. Chili’s recognized a $22.0 million gain on the sale, including a certain portion of the deferred gain, net of related transaction costs incurred in Other (gains) and charges in the Consolidated Statements of Comprehensive Income (Unaudited). Refer to Note 4 - Leases for further details.