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SEGMENT INFORMATION | 12 Months Ended
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Jun. 26, 2019
Segment Information [Abstract] |
SEGMENT INFORMATION | Our operating segments are Chili’s and Maggiano’s. The Chili’s segment includes the results of our Company-owned Chili’s restaurants in the United States and Canada as well as the results from our domestic and international franchise business. The Maggiano’s segment includes the results of our Company-owned Maggiano’s restaurants, and the first franchise location opened during fiscal 2019, all located in the United States. We do not rely on any major customers as a source of sales, and the customers and long-lived assets of our operating segments are predominantly in the United States. There were no material transactions amongst our operating segments. Presented in the below fiscal 2019 table, we have disaggregated revenues by operating segment and major source. Revenues are presented in two separate captions in the Consolidated Statements of Comprehensive Income to provide more clarity around Company-owned restaurant revenues and operating expenses trends: Company sales and Franchise and other revenues. Company sales include revenues generated by the operation of Company-owned restaurants including gift card redemptions. Franchise and other revenues include:
• | Royalties from franchises
• | Franchise fees and other revenues include royalties, advertising fees (effective fiscal 2019), Maggiano’s banquet service charge income, gift card breakage, digital entertainment revenues, gift card equalization,
delivery fee income, franchise and development fees, retail royalty revenues, merchandise income, and gift card discount costs from third-party gift card sales Our chief operating decision maker uses operating income as the measure for assessing performance of our segments. Operating income includes revenues and expenses directly attributable to segment-level results of operations. Company restaurant expenses include food and beverage costs, restaurant labor costs and restaurant expenses, including advertising expenses. The following tables reconcile our segment results to the consolidated results reported in accordance with GAAP:
| Fiscal Year Ended June 26, 2019
| ASC 606
| Chili’s |  | Maggiano’s |  | Other |  | Consolidated
Company sales | $ | 2,692.6 |  |  | $ | 413.6 |  |  | $ | — |  |  | $ | 3,106.2 |
Royalties | 52.8 |  |  | 0.3 |  |  | — |  |  | 53.1 |
Franchise fees and other revenues(1) | 36.8 |  |  | 21.8 |  |  | — |  |  | 58.6 |
Franchise and other revenues | 89.6 |  |  | 22.1 |  |  | — |  |  | 111.7 |
Total revenues | 2,782.2 |  |  | 435.7 |  |  | — |  |  | 3,217.9 |
Company restaurant expenses(1) | 2,329.6 |  |  | 364.8 |  |  | 0.6 |  |  | 2,695.0 |
Depreciation and amortization | 120.1 |  |  | 16.2 |  |  | 11.3 |  |  | 147.6 |
General and administrative | 38.7 |  |  | 6.1 |  |  | 104.3 |  |  | 149.1 |
Other gains and charges(2) | (6.4 | ) |  | 1.0 |  |  | 0.9 |  |  | (4.5 | )
Total operating costs and expenses | 2,482.0 |  |  | 388.1 |  |  | 117.1 |  |  | 2,987.2 |
Operating income (loss) | 300.2 |  |  | 47.6 |  |  | (117.1 | ) |  | 230.7 |
Interest expense | 3.2 |  |  | 0.3 |  |  | 58.1 |  |  | 61.6 |
Other, net | — |  |  | — |  |  | (2.7 | ) |  | (2.7 | )
Income (loss) before provision for income taxes | $ | 297.0 |  |  | $ | 47.3 |  |  | $ | (172.5 | ) |  | $ | 171.8 |
Segment assets(2) | $ | 1,002.8 |  |  | $ | 163.9 |  |  | $ | 91.6 |  |  | $ | 1,258.3 |
Payments for property and equipment | 129.1 |  |  | 10.8 |  |  | 27.7 |  |  | 167.6 |
| Fiscal Year Ended June 27, 2018
| Legacy GAAP
| Chili’s |  | Maggiano’s |  | Other |  | Consolidated
Company sales | $ | 2,628.3 |  |  | $ | 413.2 |  |  | $ | — |  |  | $ | 3,041.5 |
Franchise and other revenues | 71.9 |  |  | 22.0 |  |  | — |  |  | 93.9 |
Total revenues | 2,700.2 |  |  | 435.2 |  |  | — |  |  | 3,135.4 |
Company restaurant expenses(1) | 2,224.0 |  |  | 362.8 |  |  | 0.6 |  |  | 2,587.4 |
Depreciation and amortization | 125.0 |  |  | 15.9 |  |  | 10.5 |  |  | 151.4 |
General and administrative | 39.6 |  |  | 5.5 |  |  | 90.9 |  |  | 136.0 |
Other gains and charges | 24.5 |  |  | 1.1 |  |  | 8.9 |  |  | 34.5 |
Total operating costs and expenses | 2,413.1 |  |  | 385.3 |  |  | 110.9 |  |  | 2,909.3 |
Operating income (loss) | 287.1 |  |  | 49.9 |  |  | (110.9 | ) |  | 226.1 |
Interest expense | — |  |  | — |  |  | 59.0 |  |  | 59.0 |
Other, net | — |  |  | — |  |  | (3.1 | ) |  | (3.1 | )
Income (loss) before provision for income taxes | $ | 287.1 |  |  | $ | 49.9 |  |  | $ | (166.8 | ) |  | $ | 170.2 |
Segment assets | $ | 1,122.2 |  |  | $ | 151.0 |  |  | $ | 74.1 |  |  | $ | 1,347.3 |
Payments for property and equipment | 85.3 |  |  | 7.6 |  |  | 8.4 |  |  | 101.3 |
| Fiscal Year Ended June 28, 2017
| Legacy GAAP
| Chili’s |  | Maggiano’s |  | Other |  | Consolidated
Company sales | $ | 2,653.3 |  |  | $ | 409.2 |  |  | $ | — |  |  | $ | 3,062.5 |
Franchise and other revenues | 66.7 |  |  | 21.6 |  |  | — |  |  | 88.3 |
Total revenues | 2,720.0 |  |  | 430.8 |  |  | — |  |  | 3,150.8 |
Company restaurant expenses(1) | 2,220.6 |  |  | 361.7 |  |  | 0.4 |  |  | 2,582.7 |
Depreciation and amortization | 129.3 |  |  | 16.2 |  |  | 10.9 |  |  | 156.4 |
General and administrative | 37.0 |  |  | 6.2 |  |  | 89.6 |  |  | 132.8 |
Other gains and charges | 13.2 |  |  | 0.8 |  |  | 8.7 |  |  | 22.7 |
Total operating costs and expenses | 2,400.1 |  |  | 384.9 |  |  | 109.6 |  |  | 2,894.6 |
Operating income (loss) | 319.9 |  |  | 45.9 |  |  | (109.6 | ) |  | 256.2 |
Interest expense | — |  |  | — |  |  | 49.6 |  |  | 49.6 |
Other, net | — |  |  | — |  |  | (1.9 | ) |  | (1.9 | )
Income (loss) before provision for income taxes | $ | 319.9 |  |  | $ | 45.9 |  |  | $ | (157.3 | ) |  | $ | 208.5 |
Payments for property and equipment | $ | 76.0 |  |  | $ | 13.3 |  |  | $ | 13.3 |  |  | $ | 102.6 |
(1) | Company restaurant expenses includes Cost of sales, Restaurant labor and Restaurant expenses, including advertising. With the adoption of ASC 606, for the fiscal year ended June 26, 2019, advertising contributions received from Chili’s franchisees are recorded as Franchise fees and other revenues within Total revenues, which differs from the fiscal years ended June 27, 2018 and June 28, 2017 that includes Chili’s franchise advertising contributions recorded on a net basis within Company restaurant expenses.
(2) During the fiscal year ended June 26, 2019 we completed sale leaseback transactions of 151 Chili’s restaurant properties, and one Maggiano’s property. As part of this transaction, we sold the related restaurant fixed assets, net of accumulated depreciation, totaling $185.3 million. Additionally, Chili’s recognized $26.8 million, and Maggiano’s recognized $0.5 million of net gain on the sale, that consists of the immediate gain recognized upon sale, a certain portion of the deferred gain, partially offset by related transaction costs incurred in Other (gains) and charges in the Consolidated Statements of Comprehensive Income. Refer to Note 3 - Sale Leaseback Transactions for further details.

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- Definition Segment Information [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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