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Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Millions, $ in Millions
Sep. 29, 2021
Jun. 30, 2021
Current assets    
Cash and cash equivalents $ 31.2 $ 23.9
Accounts receivable, net 59.5 65.2
Inventories 29.5 28.9
Restaurant supplies 53.4 52.6
Prepaid expenses 18.1 13.6
Income taxes receivable, net 25.6 23.0
Total current assets 217.3 207.2
Property and equipment, at cost    
Land 38.3 33.1
Buildings and leasehold improvements 1,623.6 1,595.2
Furniture and equipment 836.7 818.1
Construction-in-progress 15.9 14.9
Gross property and equipment 2,514.5 2,461.3
Less accumulated depreciation and amortization (1,715.1) (1,686.5)
Net property and equipment 799.4 774.8
Other assets    
Operating lease assets 1,041.0 1,007.4
Goodwill 188.1 188.2
Deferred income taxes, net 42.6 50.9
Intangibles, net 25.3 21.1
Other 25.7 25.3
Total other assets 1,322.7 1,292.9
Total assets 2,339.4 2,274.9
Current liabilities    
Accounts payable 112.4 127.7
Gift card liability 102.2 106.4
Accrued payroll 97.6 122.4
Operating lease liabilities 109.3 97.7
Other accrued liabilities 125.7 117.4
Total current liabilities 547.2 571.6
Long-term debt and finance leases, less current installments 999.7 917.9
Long-term operating lease liabilities, less current portion 1,037.2 1,006.7
Other liabilities 80.8 82.0
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  
Common stock, shares outstanding 45.4 45.9
Common stock (250.0 million authorized shares; $0.10 par value; 70.3 million shares issued; and 45.4 million shares outstanding at September 29, 2021, and 45.9 million shares outstanding at June 30, 2021) $ 7.0 $ 7.0
Additional paid-in capital 679.4 685.4
Accumulated other comprehensive loss (5.1) (4.7)
Accumulated deficit $ (252.9) $ (266.1)
Treasury stock, shares 24.9 24.4
Treasury stock, at cost (24.9 million shares at September 29, 2021, and 24.4 million shares at June 30, 2021) $ (753.9) $ (724.9)
Total shareholders’ deficit (325.5) (303.3)
Total liabilities and shareholders’ deficit $ 2,339.4 $ 2,274.9