XML 15 R3.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Millions, $ in Millions
Mar. 24, 2021
Jun. 24, 2020
Current assets    
Cash and cash equivalents $ 63.6 $ 43.9
Accounts receivable, net 66.6 52.3
Inventories 27.1 27.3
Restaurant supplies 52.0 51.6
Prepaid expenses 11.6 13.9
Income taxes receivable, net 31.5 35.4
Total current assets 252.4 224.4
Property and equipment, at cost    
Land 33.1 34.2
Buildings and leasehold improvements 1,556.8 1,534.4
Furniture and equipment 804.7 785.7
Construction-in-progress 14.5 24.4
Gross property and equipment 2,409.1 2,378.7
Less accumulated depreciation and amortization (1,657.5) (1,573.4)
Net property and equipment 751.6 805.3
Other assets    
Operating lease assets 1,025.8 1,054.6
Goodwill 188.1 187.6
Deferred income taxes, net 47.5 38.2
Intangibles, net 21.5 23.0
Other 22.1 22.9
Total other assets 1,305.0 1,326.3
Total assets 2,309.0 2,356.0
Current liabilities    
Accounts payable 121.4 104.9
Gift card liability 110.9 109.9
Accrued payroll 112.0 65.2
Operating lease liabilities 117.2 117.3
Other accrued liabilities 116.3 100.6
Total current liabilities 577.8 497.9
Long-term debt and finance leases, less current installments 1,017.0 1,208.5
Long-term operating lease liabilities, less current portion 1,023.7 1,061.6
Other liabilities 81.1 67.1
Commitments and contingencies (Note 14)
Shareholders’ deficit    
Common stock, shares authorized 250.0  
Common stock, par value per share $ 0.10  
Common stock, shares issued 70.3 70.3
Common stock, shares outstanding 45.7 45.0
Common stock (250.0 million authorized shares; $0.10 par value; 70.3 million shares issued and 45.7 million shares outstanding at March 24, 2021, and 70.3 million shares issued and 45.0 million shares outstanding at June 24, 2020) $ 7.0 $ 7.0
Additional paid-in capital 677.4 669.4
Accumulated other comprehensive loss (5.1) (6.2)
Accumulated deficit $ (340.9) $ (397.5)
Treasury stock, shares 24.6 25.3
Treasury stock, at cost (24.6 million shares at March 24, 2021, and 25.3 million shares at June 24, 2020) $ (729.0) $ (751.8)
Total shareholders’ deficit (390.6) (479.1)
Total liabilities and shareholders’ deficit $ 2,309.0 $ 2,356.0