F. LEASES

12 Months Ended

Jun. 24, 2018

Leases [Abstract]

LEASES

NOTE F - LEASES:

Premises occupied by Company-owned restaurants are leased for initial terms of five to ten years, and each has multiple renewal terms. Certain lease agreements contain either a provision requiring additional rent if sales exceed specified amounts or an escalation clause based upon a predetermined multiple.

The Company leases its 19,576 square foot corporate office facility with average annual lease payments of approximately $17.50 per square foot.  This lease began on January 2, 2017 and has a ten year term.

Future minimum rental payments under active non-cancelable leases with initial or remaining terms of one year or more at June 24, 2018 were as follows (in thousands):

<BTB>		Operating
<S>		Leases
2019	$	2,007
2020		2,024
2021		2,091
2022		2,035
2023		1,833
Thereafter		4,264
	$	14,254

Future minimum sublease rental income under active non-cancelable leases with initial or remaining terms of one year or more at June 24, 2018 were as follows (in thousands):

		Sublease Rental Income
2019	$	162
2020		168
2021		174
2022		175
2023		177
Thereafter		181
	$	1,037

Rental expense consisted of the following (in thousands):

	Fiscal Year Ended
	Year Ended			Year Ended
	June 24,			June 25,
	2018			2017
Minimum rentals	$	1,114		$	1,878
Sublease rentals		(161	)		(129	)
	$	953		$	1,749