Other Expense (Income) (Notes)

9 Months Ended

Sep. 27, 2020

Other Income and Expenses [Abstract]

Other Expense (Income)

Other Expense (Income)

In the three months ended September 27, 2020, the Company recorded other expense, net, of $0.5 million which consisted of a net gain related to adjustments to insurance recoveries from previous property damage at its restaurants of $0.2 million, loss on one sale-leaseback transaction of $0.4 million and a loss on disposal of assets of $0.3 million. In the nine months ended September 27, 2020, the Company recorded other income, net of $1.4 million, which consisted of gains related to insurance recoveries from property damage at four of its restaurants of $1.7 million, net gain on eleven sale-leaseback transactions of $0.2 million and a loss on disposal of assets of $0.5 million.

In the nine months ended September 29, 2019, the Company recorded other income of $1.8 million which consisted of a $1.9 million gain from a settlement with BKC for their approval of new restaurant development by other franchisees which unfavorably impacted the Company's restaurants, a $0.3 million gain on three sale-leaseback transactions, a $0.1 million gain related to an insurance recovery from a fire at one of its restaurants in the prior year, and a loss on a disposal of restaurant equipment of $0.6 million.