REVENUE RECOGNITION (Tables)

6 Months Ended

Dec. 25, 2024

Revenue from Contract with Customer [Abstract]

Changes in Deferred Franchise and Development Fees

The following table reflects the changes in deferred franchise and development fees between June 26, 2024 and December 25, 2024:

	Deferred Franchise and Development Fees
Balance as of June 26, 2024	$	9.7
Additions	0.8
Amount recognized to Franchise revenues	(0.7)
Balance as of December 25, 2024	$	9.8

Remaining Deferred Franchise and Development Fees to be Recognized

The following table illustrates franchise and development fees expected to be recognized in the future related to performance obligations that were unsatisfied or partially unsatisfied as of December 25, 2024:

Fiscal Year	Franchise and Development Fees Revenue Recognition
Remainder of 2025	$	0.4
2026	0.8
2027	0.8
2028	0.7
2029	0.6
Thereafter	6.5
	$	9.8

Changes in the Gift Card Liability

Deferred Gift Card Revenues

Total deferred revenues related to our gift cards include the full value of unredeemed gift card balances less recognized breakage and the unamortized portion of third party fees. The following table reflects the changes in the Gift card liability between June 26, 2024 and December 25, 2024:

	Gift Card Liability
Balance as of June 26, 2024	$	64.8
Gift card sales	70.8
Gift card redemptions recognized to Company sales	(48.2)
Gift card breakage recognized to Company sales	(5.4)
Other	(1.3)
Balance as of December 25, 2024	$	80.7