Operating (Gains), Losses and Other Charges, Net

12 Months Ended

Dec. 28, 2022

Other Income and Expenses [Abstract]

Operating (Gains), Losses and Other Charges, Net

Operating (Gains), Losses and Other Charges, Net

Operating (gains), losses and other charges, net consists of the following:

	Fiscal Year Ended
	December 28, 2022		December 29, 2021		December 30, 2020
	(In thousands)
Gains on sales of assets and other, net	$	(3,378)	$	(47,822)	$	(4,678)
Restructuring charges and exit costs	1,410		1,275		2,403
Impairment charges	963		442		4,083
Operating (gains), losses and other charges, net	$	(1,005)	$	(46,105)	$	1,808

Gains on sales of assets and other, net of $3.4 million for the year ended December 28, 2022 were primarily related to the sales of two parcels of real estate. Gains on sales of assets and other, net of $47.8 million for the year ended December 29, 2021 were primarily related to the sales of three parcels of real estate. Gains on sales of assets and other, net of $4.7 million for the year ended December 30, 2020 were primarily related to the sales of parcels of real estate.

Restructuring charges and exit costs consists of the following: 

	Fiscal Year Ended
	December 28, 2022		December 29, 2021		December 30, 2020
	(In thousands)
Exit costs	$	86	$	323	$	204
Severance and other restructuring charges	1,324		952		2,199
Total restructuring charges and exit costs	$	1,410	$	1,275	$	2,403

Exit costs primarily consists of costs related to closed restaurants. Exit cost liabilities related to lease costs are included as a component of operating lease liabilities in our Consolidated Balance Sheets. See Note 9.

Severance and other restructuring charges for the year ended December 28, 2022 primarily consist of severance costs. Severance and other restructuring charges for the year ended December 29, 2021 were primarily related to the relocation of certain support functions to our support center in the Dallas, Texas area. Severance and other restructuring charges for the year ended December 30, 2020 were primarily related to positions eliminated as a cost reduction effort in response to the COVID-19 pandemic. As of December 28, 2022 and December 29, 2021, we had accrued severance and other restructuring charges of $0.7 million and $0.1 million, respectively. The balance as of December 28, 2022 is expected to be paid during the next 12 months.

We recorded impairment charges of $1.0 million for the year ended December 28, 2022 primarily resulting from underperforming units. The $1.0 million included $0.6 million related to property, $0.3 million related to operating lease ROU assets, and less than $0.1 million related to finance lease ROU assets. We recorded impairment charges of $0.4 million for the year ended December 29, 2021 primarily resulting from an underperforming unit. The $0.4 million included $0.3 million related to property, $0.1 million related to finance lease ROU assets, and less than $0.1 million related to operating lease ROU

assets. We recorded impairment charges of $4.1 million for the year ended December 30, 2020 resulting from the impacts of the COVID-19 pandemic. The $4.1 million included $2.4 million related to property, $1.6 million related to operating lease ROU assets, $0.1 million related to reacquired franchise rights and less than $0.1 million related to finance lease ROU assets.