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Impairment and Disposal of Assets, Net
9 Months Ended
Feb. 28, 2016
Asset Impairment Charges [Abstract]  
Impairment and Disposal of Assets, Net
Impairments and Disposal of Assets, Net
Impairments and disposal of assets, net in our accompanying consolidated statements of earnings are comprised of the following:
 
Three Months Ended
 
Nine Months Ended
(in millions)
February 28, 2016
 
February 22, 2015
 
February 28, 2016
 
February 22, 2015
Restaurant impairments
$

 
$
0.3

 
$
9.2

 
$
34.1

Disposal gains
(2.1
)
 
(3.7
)
 
(5.3
)
 
(3.9
)
Other

 
4.2

 

 
16.9

Impairments and disposal of assets, net
$
(2.1
)
 
$
0.8

 
$
3.9

 
$
47.1


Restaurant impairments for the nine months ended February 28, 2016 were primarily related to underperforming restaurants and restaurant assets involved in individual sale-leaseback transactions. For the quarter and nine months ended February 22, 2015, restaurant impairments were primarily related to underperforming restaurants.
Disposal gains during the quarters and nine months ended February 28, 2016 and February 22, 2015 were primarily related to the sale of land parcels and sale-leaseback transactions.
Other impairment charges for the quarter ended February 22, 2015 related to the expected disposal of excess land parcels adjacent to our corporate headquarters which are held for sale. During the nine months ended February 22, 2015, we also recognized impairments related to our lobster aquaculture project and a corporate airplane in connection with the closure of our aviation department.
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. These amounts are included in impairments and disposal of assets, net as a component of earnings from continuing operations in the accompanying consolidated statements of earnings.