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Consolidated Balance Sheets (Unaudited) - USD ($)
shares in Millions, $ in Millions
Dec. 29, 2021
Jun. 30, 2021
Current assets    
Cash and cash equivalents $ 15.6 $ 23.9
Accounts receivable, net 91.8 65.2
Inventories 32.7 28.9
Restaurant supplies 55.0 52.6
Prepaid expenses 18.5 13.6
Income taxes receivable, net 7.0 23.0
Total current assets 220.6 207.2
Property and equipment, at cost    
Land 43.4 33.1
Buildings and leasehold improvements 1,664.4 1,595.2
Furniture and equipment 859.4 818.1
Construction-in-progress 19.7 14.9
Gross property and equipment 2,586.9 2,461.3
Less accumulated depreciation and amortization (1,746.6) (1,686.5)
Net property and equipment 840.3 774.8
Other assets    
Operating lease assets 1,095.2 1,007.4
Goodwill 194.9 188.2
Deferred income taxes, net 53.6 50.9
Intangibles, net 29.2 21.1
Other 23.5 25.3
Total other assets 1,396.4 1,292.9
Total assets 2,457.3 2,274.9
Current liabilities    
Accounts payable 118.8 127.7
Gift card liability 135.2 106.4
Accrued payroll 73.5 122.4
Operating lease liabilities 113.1 97.7
Other accrued liabilities 128.8 117.4
Total current liabilities 569.4 571.6
Long-term debt and finance leases, less current installments 1,047.3 917.9
Long-term operating lease liabilities, less current portion 1,086.6 1,006.7
Other liabilities 81.4 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 44.6 45.9
Common stock (250.0 million authorized shares; $0.10 par value; 70.3 million shares issued; and 44.6 million shares outstanding at December 29, 2021, and 45.9 million shares outstanding at June 30, 2021) $ 7.0 $ 7.0
Additional paid-in capital 683.7 685.4
Accumulated other comprehensive loss (5.2) (4.7)
Accumulated deficit $ (225.3) $ (266.1)
Treasury stock, shares 25.7 24.4
Treasury stock, at cost (25.7 million shares at December 29, 2021, and 24.4 million shares at June 30, 2021) $ (787.6) $ (724.9)
Total shareholders’ deficit (327.4) (303.3)
Total liabilities and shareholders’ deficit $ 2,457.3 $ 2,274.9