Acquisition of Chuy’s (Tables)

9 Months Ended

Feb. 23, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Preliminary Allocation of the Purchase Price

The preliminary allocation of the purchase price is as follows:

	Balances at				Balances at
(in millions)	October 11, 2024		Adjustments		February 23, 2025
Cash and cash equivalents	$	35.4	$	—	$	35.4
Other current assets	10.9		(0.1)		10.8
Land, buildings and equipment	204.3		(6.7)		197.6
Operating lease right-of-use assets	337.7		(3.5)		334.2
Trademark	198.4		—		198.4
Other assets	6.1		0.1		6.2
Goodwill	262.9		(0.5)		262.4
Total assets acquired	$	1,055.7	$	(10.7)	$	1,045.0
Current liabilities	35.2		(1.3)		33.9
Deferred income taxes	43.0		(0.9)		42.1
Operating lease liabilities - non-current	328.4		(8.5)		319.9
Total liabilities assumed	$	406.6	$	(10.7)	$	395.9
Net assets acquired	$	649.1	$	—	$	649.1