XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.22.1

SEGMENT INFORMATION (Tables) | 9 Months Ended
--- | ---
Mar. 30, 2022
Segment Reporting [Abstract] |
Segment Information Tables | The following tables reconcile our segment results to our consolidated results reported in accordance with GAAP:
| Thirteen Week Period Ended March 30, 2022
| Chili’s(1) |  | Maggiano’s |  | Other |  | Consolidated
Company sales | $ | 863.3 |  |  | $ | 97.3 |  |  | $ | — |  |  | $ | 960.6 |
Royalties | 7.8 |  |  | 0.1 |  |  | — |  |  | 7.9 |
Franchise fees and other revenues | 8.5 |  |  | 3.4 |  |  | — |  |  | 11.9 |
Franchise and other revenues | 16.3 |  |  | 3.5 |  |  | — |  |  | 19.8 |
Total revenues | 879.6 |  |  | 100.8 |  |  | — |  |  | 980.4 |
Food and beverage costs | 245.6 |  |  | 24.7 |  |  | — |  |  | 270.3 |
Restaurant labor | 295.0 |  |  | 34.1 |  |  | — |  |  | 329.1 |
Restaurant expenses | 215.2 |  |  | 28.7 |  |  | 0.2 |  |  | 244.1 |
Depreciation and amortization | 35.9 |  |  | 3.4 |  |  | 2.9 |  |  | 42.2 |
General and administrative | 9.5 |  |  | 2.3 |  |  | 27.4 |  |  | 39.2 |
Other (gains) and charges | 5.2 |  |  | 0.0 |  |  | 0.9 |  |  | 6.1 |
Total operating costs and expenses | 806.4 |  |  | 93.2 |  |  | 31.4 |  |  | 931.0 |
Operating income (loss) | 73.2 |  |  | 7.6 |  |  | (31.4) |  |  | 49.4 |
Interest expenses | 1.2 |  |  | 0.1 |  |  | 9.8 |  |  | 11.1 |
Other income, net | — |  |  | — |  |  | (0.4) |  |  | (0.4) |
Income (loss) before income taxes | $ | 72.0 |  |  | $ | 7.5 |  |  | $ | (40.8) |  |  | $ | 38.7 |
| Thirteen Week Period Ended March 24, 2021
| Chili’s |  | Maggiano’s |  | Other |  | Consolidated
Company sales | $ | 749.0 |  |  | $ | 64.7 |  |  | $ | — |  |  | $ | 813.7 |
Royalties | 7.7 |  |  | — |  |  | — |  |  | 7.7 |
Franchise fees and other revenues | 6.3 |  |  | 0.7 |  |  | — |  |  | 7.0 |
Franchise and other revenues | 14.0 |  |  | 0.7 |  |  | — |  |  | 14.7 |
Total revenues | 763.0 |  |  | 65.4 |  |  | — |  |  | 828.4 |
Food and beverage costs | 198.7 |  |  | 15.2 |  |  | — |  |  | 213.9 |
Restaurant labor | 248.7 |  |  | 22.1 |  |  | — |  |  | 270.8 |
Restaurant expenses | 194.2 |  |  | 21.7 |  |  | 0.2 |  |  | 216.1 |
Depreciation and amortization | 31.0 |  |  | 3.4 |  |  | 3.0 |  |  | 37.4 |
General and administrative | 7.0 |  |  | 1.3 |  |  | 25.4 |  |  | 33.7 |
Other (gains) and charges | 3.1 |  |  | 0.3 |  |  | 0.9 |  |  | 4.3 |
Total operating costs and expenses | 682.7 |  |  | 64.0 |  |  | 29.5 |  |  | 776.2 |
Operating income (loss) | 80.3 |  |  | 1.4 |  |  | (29.5) |  |  | 52.2 |
Interest expenses | 1.4 |  |  | — |  |  | 12.7 |  |  | 14.1 |
Other income, net | (0.1) |  |  | — |  |  | (0.2) |  |  | (0.3) |
Income (loss) before income taxes | $ | 79.0 |  |  | $ | 1.4 |  |  | $ | (42.0) |  |  | $ | 38.4 |
| Thirty-Nine Week Period Ended March 30, 2022
| Chili’s(1) |  | Maggiano’s |  | Other |  | Consolidated
Company sales | $ | 2,428.5 |  |  | $ | 296.2 |  |  | $ | — |  |  | $ | 2,724.7 |
Royalties | 25.4 |  |  | 0.3 |  |  | — |  |  | 25.7 |
Franchise fees and other revenues | 21.5 |  |  | 10.7 |  |  | — |  |  | 32.2 |
Franchise and other revenues | 46.9 |  |  | 11.0 |  |  | — |  |  | 57.9 |
Total revenues | 2,475.4 |  |  | 307.2 |  |  | — |  |  | 2,782.6 |
Food and beverage costs | 683.8 |  |  | 73.6 |  |  | — |  |  | 757.4 |
Restaurant labor | 846.1 |  |  | 103.3 |  |  | — |  |  | 949.4 |
Restaurant expenses | 624.8 |  |  | 86.8 |  |  | 0.5 |  |  | 712.1 |
Depreciation and amortization | 104.3 |  |  | 10.2 |  |  | 8.6 |  |  | 123.1 |
General and administrative | 24.7 |  |  | 6.2 |  |  | 77.9 |  |  | 108.8 |
Other (gains) and charges | 10.2 |  |  | 0.2 |  |  | 6.6 |  |  | 17.0 |
Total operating costs and expenses | 2,293.9 |  |  | 280.3 |  |  | 93.6 |  |  | 2,667.8 |
Operating income (loss) | 181.5 |  |  | 26.9 |  |  | (93.6) |  |  | 114.8 |
Interest expenses | 4.0 |  |  | 0.3 |  |  | 30.5 |  |  | 34.8 |
Other income, net | (0.3) |  |  | — |  |  | (0.9) |  |  | (1.2) |
Income (loss) before income taxes | $ | 177.8 |  |  | $ | 26.6 |  |  | $ | (123.2) |  |  | $ | 81.2 |
Segment assets | $ | 2,120.7 |  |  | $ | 227.6 |  |  | $ | 110.5 |  |  | $ | 2,458.8 |
Segment goodwill | 156.7 |  |  | 38.4 |  |  | — |  |  | 195.1 |
Payments for property and equipment | 96.7 |  |  | 6.8 |  |  | 5.5 |  |  | 109.0 |
| Thirty-Nine Week Period Ended March 24, 2021 |  |  |
| Chili’s |  | Maggiano’s |  | Other |  | Consolidated |  |  |
Company sales | $ | 2,107.0 |  |  | $ | 181.1 |  |  | $ | — |  |  | $ | 2,288.1 |  |  |  |
Royalties | 21.9 |  |  | 0.1 |  |  | — |  |  | 22.0 |  |  |  |
Franchise fees and other revenues | 17.0 |  |  | 2.1 |  |  | — |  |  | 19.1 |  |  |  |
Franchise and other revenues | 38.9 |  |  | 2.2 |  |  | — |  |  | 41.1 |  |  |  |
Total revenues | 2,145.9 |  |  | 183.3 |  |  | — |  |  | 2,329.2 |  |  |  |
Food and beverage costs | 563.2 |  |  | 43.1 |  |  | — |  |  | 606.3 |  |  |  |
Restaurant labor | 710.3 |  |  | 64.3 |  |  | — |  |  | 774.6 |  |  |  |
Restaurant expenses | 564.6 |  |  | 64.6 |  |  | 0.7 |  |  | 629.9 |  |  |  |
Depreciation and amortization | 92.4 |  |  | 10.4 |  |  | 9.2 |  |  | 112.0 |  |  |  |
General and administrative | 17.8 |  |  | 3.9 |  |  | 72.5 |  |  | 94.2 |  |  |  |
Other (gains) and charges | 11.1 |  |  | 1.2 |  |  | 1.2 |  |  | 13.5 |  |  |  |
Total operating costs and expenses | 1,959.4 |  |  | 187.5 |  |  | 83.6 |  |  | 2,230.5 |  |  |  |
Operating income (loss) | 186.5 |  |  | (4.2) |  |  | (83.6) |  |  | 98.7 |  |  |  |
Interest expenses | 4.2 |  |  | 0.1 |  |  | 38.8 |  |  | 43.1 |  |  |  |
Other income, net | (0.4) |  |  | — |  |  | (0.8) |  |  | (1.2) |  |  |  |
Income (loss) before income taxes | $ | 182.7 |  |  | $ | (4.3) |  |  | $ | (121.6) |  |  | $ | 56.8 |  |  |  |
Payments for property and equipment | $ | 56.3 |  |  | $ | 1.4 |  |  | $ | 4.7 |  |  | $ | 62.4 |  |  |  |
(1)Chili’s segment information for fiscal 2022 includes the results of operations and the fair values of assets related to the 66 restaurants purchased from three former franchisees subsequent to the acquisition dates. Refer to Note 2 - Chili’s Restaurant Acquisitions for further details.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration