GOODWILL AND INTANGIBLES (Tables)

12 Months Ended

Jun. 29, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

There have been no impairments of Goodwill for the fiscal years ended June 29, 2022, June 30, 2021 and June 24, 2020. The changes in the carrying amount of Goodwill by segment are as follows:


	June 29, 2022						June 30, 2021
	Chili’s		Maggiano’s		Consolidated		Chili’s		Maggiano’s		Consolidated
Balance at beginning of year	$	149.8	$	38.4	$	188.2	$	149.2	$	38.4	$	187.6
Changes in goodwill:
Additions(1)	7.2		—		7.2		—		—		—
Foreign currency translation adjustment	(0.3)		—		(0.3)		0.6		—		0.6
Balance at end of year	$	156.7	$	38.4	$	195.1	$	149.8	$	38.4	$	188.2

(1)In the fiscal year ended June 29, 2022, we acquired 68 domestic Chili’s restaurants previously owned by three franchise partners. Refer to Note 2 - Chili's Restaurant Acquisitions for further information.

Schedule of Intangible Assets

Intangible assets, net are as follows:


	June 29, 2022						June 30, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-lived intangible assets
Chili’s reacquired franchise rights(1)	$	29.3	$	(12.2)	$	17.1	$	20.0	$	(9.2)	$	10.8
Chili’s other	0.4		(0.4)		—		0.4		(0.4)		—
	$	29.7	$	(12.6)	$	17.1	$	20.4	$	(9.6)	$	10.8

Indefinite-lived intangible assets
Chili’s liquor licenses	$	9.4					$	9.4
Maggiano’s liquor licenses	0.9						0.9
	$	10.3					$	10.3

(1)Additions, net of accumulated amortization, of $8.4 million in fiscal 2022 were recorded related to reacquired franchise rights associated with the 68 acquired Chili’s restaurants previously owned by three franchise partners. Refer to Note 2 - Chili's Restaurant Acquisitions for further information.

Definite-lived Intangibles Amortization Expense

Amortization expenses for all definite-lived intangible assets were recorded in Depreciation and amortization in the Consolidated Statements of Comprehensive Income as follows:


	Fiscal Years Ended
	June 29, 2022		June 30, 2021		June 24, 2020
Definite-lived intangible amortization expense	$	3.0	$	2.0	$	1.9