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Asset Impairment, Net
3 Months Ended
Aug. 24, 2014
Asset Impairment Charges [Abstract]  
Asset Impairment, Net
Asset Impairment, Net
During the fiscal quarters ended August 24, 2014 and August 25, 2013, we recognized long-lived asset impairment charges of $6.9 million ($4.3 million net of tax) and $1.0 million ($0.6 million net of tax), respectively. Impairment charges resulted primarily from the carrying value of restaurant assets exceeding the estimated fair market value, which is based on projected cash flows. These costs are included in asset impairments, net as a component of earnings from continuing operations in the accompanying consolidated statements of earnings. Impairment charges were measured based on the amount by which the carrying amount of these assets exceeded their fair value. Fair value is generally determined based on appraisals or sales prices of comparable assets and estimates of future cash flows.