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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Jun. 26, 2019
Jun. 27, 2018
Jun. 28, 2017
Revenues      
Revenues $ 3,217.9 $ 3,135.4 $ 3,150.8
Total revenues 3,217.9 3,135.4 3,150.8
Operating costs and expenses      
Cost of sales 823.0 796.0 791.3
Restaurant labor 1,059.7 1,033.9 1,017.9
Restaurant expenses (Note 1) 812.3 757.5 773.5
Company restaurant expenses [1] 2,695.0 2,587.4 2,582.7
Depreciation and amortization 147.6 151.4 156.4
General and administrative 149.1 136.0 132.8
Other (gains) and charges (4.5) [2] 34.5 22.7
Total operating costs and expenses 2,987.2 2,909.3 2,894.6
Operating income 230.7 226.1 256.2
Interest expense 61.6 59.0 49.6
Other (income), net (2.7) (3.1) (1.9)
Income before provision for income taxes 171.8 170.2 208.5
Provision for income taxes 16.9 44.3 57.7
Net income $ 154.9 $ 125.9 $ 150.8
Basic net income per share:      
Basic net income per share $ 4.04 $ 2.75 $ 2.98
Diluted net income per share:      
Diluted net income per share $ 3.96 $ 2.72 $ 2.94
Basic weighted average shares outstanding 38.3 45.7 50.6
Diluted weighted average shares outstanding 39.1 46.3 51.2
Other comprehensive income (loss)      
Foreign currency translation adjustment $ 0.2 $ 0.2 $ (0.3)
Other comprehensive income (loss) 0.2 0.2 (0.3)
Comprehensive income 155.1 126.1 150.5
Company sales [Member]      
Revenues      
Revenues, from contract with customer, excluding assessed tax 3,106.2    
Revenues   3,041.5 3,062.5
Total revenues   3,041.5 3,062.5
Franchise and other revenues [Member]      
Revenues      
Revenues, from contract with customer, excluding assessed tax $ 111.7    
Revenues   93.9 88.3
Total revenues   $ 93.9 $ 88.3
[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.