SEGMENT INFORMATION (Tables)

6 Months Ended

Dec. 29, 2021

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


	Thirteen Week Period Ended December 29, 2021
	Chili’s(1)		Maggiano’s		Other		Consolidated
Company sales	$	791.9	$	112.6	$	—	$	904.5
Royalties	8.6		0.1		—		8.7
Franchise fees and other revenues	7.7		4.9		—		12.6
Franchise and other revenues	16.3		5.0		—		21.3
Total revenues	808.2		117.6		—		925.8

Food and beverage costs	224.8		28.0		—		252.8
Restaurant labor	277.6		37.8		—		315.4
Restaurant expenses	205.0		31.5		0.2		236.7
Depreciation and amortization	35.4		3.4		2.8		41.6
General and administrative	7.2		1.9		24.0		33.1
Other (gains) and charges	2.2		—		4.2		6.4
Total operating costs and expenses	752.2		102.6		31.2		886.0
Operating income (loss)	56.0		15.0		(31.2)		39.8
Interest expenses	1.4		0.1		9.7		11.2
Other income, net	(0.2)		—		(0.3)		(0.5)
Income (loss) before income taxes	$	54.8	$	14.9	$	(40.6)	$	29.1


	Thirteen Week Period Ended December 23, 2020
	Chili’s		Maggiano’s		Other		Consolidated
Company sales	$	683.0	$	63.2	$	—	$	746.2
Royalties	7.6		0.1		—		7.7
Franchise fees and other revenues	5.8		1.0		—		6.8
Franchise and other revenues	13.4		1.1		—		14.5
Total revenues	696.4		64.3		—		760.7

Food and beverage costs	183.7		15.2		—		198.9
Restaurant labor	233.4		22.4		—		255.8
Restaurant expenses	188.7		22.1		0.5		211.3
Depreciation and amortization	30.8		3.4		3.0		37.2
General and administrative	5.4		1.3		23.3		30.0
Other (gains) and charges	4.4		0.8		0.2		5.4
Total operating costs and expenses	646.4		65.2		27.0		738.6
Operating income (loss)	50.0		(0.9)		(27.0)		22.1
Interest expenses	1.4		0.1		12.9		14.4
Other income, net	(0.2)		—		(0.3)		(0.5)
Income (loss) before income taxes	$	48.8	$	(1.0)	$	(39.6)	$	8.2


	Twenty-Six Week Period Ended December 29, 2021
	Chili’s(1)		Maggiano’s		Other		Consolidated
Company sales	$	1,565.2	$	198.9	$	—	$	1,764.1
Royalties	17.6		0.2		—		17.8
Franchise fees and other revenues	13.0		7.3		—		20.3
Franchise and other revenues	30.6		7.5		—		38.1
Total revenues	1,595.8		206.4		—		1,802.2

Food and beverage costs	438.2		48.9		—		487.1
Restaurant labor	551.1		69.2		—		620.3
Restaurant expenses	409.6		58.1		0.3		468.0
Depreciation and amortization	68.4		6.8		5.7		80.9
General and administrative	15.2		3.9		50.5		69.6
Other (gains) and charges	5.0		0.2		5.7		10.9
Total operating costs and expenses	1,487.5		187.1		62.2		1,736.8
Operating income (loss)	108.3		19.3		(62.2)		65.4
Interest expenses	2.8		0.2		20.7		23.7
Other income, net	(0.3)		—		(0.5)		(0.8)
Income (loss) before income taxes	$	105.8	$	19.1	$	(82.4)	$	42.5

Segment assets	$	2,073.4	$	235.9	$	148.0	$	2,457.3
Segment goodwill	156.5		38.4		—		194.9
Payments for property and equipment	65.4		5.0		3.7		74.1


	Twenty-Six Week Period Ended December 23, 2020
	Chili’s		Maggiano’s		Other		Consolidated
Company sales	$	1,358.0	$	116.4	$	—	$	1,474.4
Royalties	14.2		0.1		—		14.3
Franchise fees and other revenues	10.7		1.4		—		12.1
Franchise and other revenues	24.9		1.5		—		26.4
Total revenues	1,382.9		117.9		—		1,500.8

Food and beverage costs	364.5		27.9		—		392.4
Restaurant labor	461.6		42.2		—		503.8
Restaurant expenses	370.1		42.9		0.8		413.8
Depreciation and amortization	61.4		7.0		6.2		74.6
General and administrative	10.8		2.6		47.1		60.5
Other (gains) and charges	8.0		0.9		0.3		9.2
Total operating costs and expenses	1,276.4		123.5		54.4		1,454.3
Operating income (loss)	106.5		(5.6)		(54.4)		46.5
Interest expenses	2.8		0.1		26.1		29.0
Other income, net	(0.3)		—		(0.6)		(0.9)
Income (loss) before income taxes	$	104.0	$	(5.7)	$	(79.9)	$	18.4

Payments for property and equipment	$	32.8	$	1.0	$	3.3	$	37.1

(1)Chili’s segment information for fiscal 2022 includes the results of operations and the preliminary fair value of assets related to the 60 restaurants purchased from two former franchisees subsequent to the acquisition dates. Refer to Note 2 - Chili’s Restaurant Acquisitions for further details.