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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Jun. 28, 2023
Jun. 29, 2022
Jun. 30, 2021
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
Pay Versus Performance
 
 
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation
S-K,
we are providing the following information about the relationship between executive “compensation actually paid” and certain financial performance of the Company. For further information concerning the Company’s pay for performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to the
Compensation Discussion and Analysis
section of this Proxy Statement.
 
(a)
 
(b)
   
(c)
   
(d)
   
(e)
   
(f)
   
(g)
   
(h)
   
(i)
   
(j)
   
(k)
 
                                       
 
Value of Initial Fixed $100
Investment Based On:
   
Net
Income
(in millions)(7)
   
Pre-tax
Income
(in millions)(8)
 
   Year
 
Summary
Compensation
Table Total for
Mr. Roberts(1)
   
Compensation
Actually Paid to
Mr. Roberts(2)
   
Summary
Compensation
Table Total for
Mr. Hochman(1)
   
Compensation
Actually Paid to
Mr. Hochman(2)
   
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs(3)
   
Average
Compensation
Actually Paid
to Non-PEO
NEOs(4)
   
Total
Shareholder
Return(5)
   
Peer Group
Total
Shareholder
Return(5)(6)
 
                     
2023
                  $ 6,295,047     $ 8,012,657     $ 1,774,015     $ 1,942,847     $ 153.85     $ 163.00     $ 102.6     $ 90.8  
2022
  $ 5,933,303     $ (36,452,258   $ 1,826,257     $ 1,466,528     $ 1,272,805     $ (1,887,955   $ 95.24     $ 128.30     $ 117.6     $ 115.2  
2021
  $ 6,958,837     $ 54,264,076                     $ 1,531,194     $ 5,036,832     $ 262.86     $ 140.63     $ 131.6     $ 145.2  
 
1
The dollar amounts reported in column (b) are the amounts reported for Wyman Roberts, who served as the Company’s Chief Executive Officer for fiscal 2021 and part of fiscal 2022 and all of fiscal 2023 in the “Total” column of the Summary Compensation Table. The dollar amounts reported in column (d) are the amounts reported for Kevin Hochman, who served as the Company’s Chief Executive Officer for part of fiscal 2022 and all 
of fiscal 2023,
in the “Total” column of the Summary Compensation Table. Mr. Roberts retired from his position as CEO and President of Brinker and President of Chili’s Grill & Bar effective as of June 5, 2022. Mr. Hochman was appointed to serve as CEO and President of Brinker and President of Chili’s Grill & Bar effective as of June 6, 2022.
2
The dollar amounts reported in column
s
(c) and (e) represent the amount of “compensation actually paid” to Mr. Roberts and Mr. Hochman, as applicable, as computed in accordance with Item 402(v) of Regulation
S-K
and do not reflect the total compensation actually realized or received by such individual. In accordance with these rules, these amounts reflect “Total Compensation” as set forth in the Summary Compensation Table for each year, adjusted as shown below. Equity values are calculated in accordance with ASC Topic 718, and the methodologies applied in the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
 
    
Reported
Summary
Compensation
Table Total
    
[Less]
Value of “Stock
Awards”
Reported in
Summary
Compensation
Table
    
[Plus]
Fair Value at
Fiscal Year-
End of
Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
    
[Plus]
Change in Fair
Value from
Prior Fiscal
Year-End of
Outstanding
and Unvested
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years
   
[Plus]
Fair Value at
Vesting Date of
Stock Awards
Granted in
Fiscal Year that
Vested During
Fiscal Year
  
[Plus]
Change in Fair
Value from
Prior Fiscal
Year End to
Vesting Date of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Vested During
Fiscal Year
   
[Less]
Prior Year-End
Fair Value of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to Meet
Vesting
Conditions
During Fiscal
Year
  
Compensation
Actually Paid
to Mr. Roberts.
 
                 
2022
   $ 5,933,303      $ 4,499,980      $ 1,875,829      $ (33,933,038   $—    $ (5,828,372   $—    $ (36,452,258
2021
   $ 6,958,837      $ 4,349,982      $ 7,343,698      $ 40,911,107     $—    $ 3,400,416     $—    $ 54,264,076  
 
    
Reported
Summary
Compensation
Table Total
    
[Less]
Value of “Stock
Awards”
Reported in
Summary
Compensation
Table
    
[Plus]
Fair Value at
Fiscal Year-
End of
Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
    
[Plus]
Change in Fair
Value from
Prior Fiscal
Year-End
of
Outstanding
and Unvested
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years
    
[Plus]
Fair Value at
Vesting Date of
Stock Awards
Granted in
Fiscal Year that
Vested During
Fiscal Year
  
[Plus]
Change in Fair
Value from
Prior Fiscal
Year End to
Vesting Date of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Vested During
Fiscal Year
  
[Less]
Prior Year-End
Fair Value of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to Meet
Vesting
Conditions
During Fiscal
Year
  
Compensation
Actually Paid
to Mr. Hochman.
 
                 
2023
   $ 6,295,047      $ 3,809,892      $ 4,825,853      $ 701,649      $—    $—    $—    $ 8,012,657  
2022
   $ 1,826,257      $ 1,499,972      $ 1,140,243      $      $—    $—    $—    $ 1,466,528  
 
3
The dollar amounts reported in column (f) represent the average of the amounts reported for the Company’s other NEOs as a group (excluding Mr. Roberts and Mr. Hochman) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs included for these purposes in each applicable year are as follows: (i) for 2023, Mr. Taylor, Mr. Provost, Ms. White, Mr. Felix, Mr. Badgley and Mr. Allen; (ii) for 2022, Mr. Taylor, Mr. Provost, Mr. Badgley and Charles A. Lousignont; and (iii) for 2021, Mr. Taylor, Mr. Provost, Mr. Badgley and Douglas N. Comings.
4
The dollar amounts reported in column (g) represent the average amount of “compensation actually paid” to the NEOs as a group excluding Mr. Roberts and Mr. Hochman), as computed in accordance with Item 402(v) of Regulation
S-K.
In accordance with these rules, these amounts reflect “Total Compensation” as set forth in the Summary Compensation Table for each year, adjusted as shown below. Equity values are calculated in accordance with ASC Topic 718, and the methodologies applied in the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant.
 
    
Average
Reported
Summary
Compensation
Table Total
    
[Less] Average
Value of “Stock
Awards”
Reported in
Summary
Compensation
Table
    
[Plus]
Average
Fair Value at
Fiscal Year-
End of
Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
    
[Plus] Average
Change in Fair
Value from
Prior Fiscal
Year-End
of
Outstanding
and Unvested
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years
   
[Plus] Average
Fair Value at
Vesting Date of
Stock Awards
Granted in
Fiscal Year that
Vested During
Fiscal Year
    
[Plus] Average
Change in Fair
Value From
Prior Fiscal
Year End to
Vesting Date of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Vested During
Fiscal Year
   
[Less] Average
Prior Year-End
Fair Value of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to Meet
Vesting
Conditions
During Fiscal
Year
    
Average
Compensation
Actually Paid
Non-PEO NEOs
 
                 
2023
   $ 1,774,015      $ 612,256      $ 639,322      $ 140,327     $ 1,737      $ 80,740     $ 81,038      $ 1,942,847  
2022
   $ 1,272,805      $ 712,454      $ 296,989      $ (2,405,967   $      $ (339,328   $      $ (1,887,955
2021
   $ 1,531,194      $ 693,705      $ 1,144,256      $ 2,607,143     $      $ 447,944     $      $ 5,036,832  
 
5
Total Shareholder Return (TSR) is calculated by dividing (a) the sum of (i) the cumulative amount of dividends for the applicable
1-,
2-
or
3-
year measurement period, assuming dividend reinvestment, and (ii) the difference between the Company’s share price (or the index price) at the end of each of the Company’s fiscal years shown and the beginning of the measurement period, by (b) the Company’s share price (or the index price) at the beginning of the measurement period. The beginning of the measurement periods is June 24, 2020 for each year in the table.
6
The peer group used for this purpose is the S&P 500 Restaurants index.
7
The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial statements for the applicable year.
8
Pre-tax
income was the Company-selected metric. The dollar amounts reported represent the amount of
pre-tax
income reflected in the Company’s audited financial statements for the applicable year.
   
Company Selected Measure Name Pre-tax income    
Named Executive Officers, Footnote
3
The dollar amounts reported in column (f) represent the average of the amounts reported for the Company’s other NEOs as a group (excluding Mr. Roberts and Mr. Hochman) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs included for these purposes in each applicable year are as follows: (i) for 2023, Mr. Taylor, Mr. Provost, Ms. White, Mr. Felix, Mr. Badgley and Mr. Allen; (ii) for 2022, Mr. Taylor, Mr. Provost, Mr. Badgley and Charles A. Lousignont; and (iii) for 2021, Mr. Taylor, Mr. Provost, Mr. Badgley and Douglas N. Comings.
   
Peer Group Issuers, Footnote The peer group used for this purpose is the S&P 500 Restaurants index.    
Adjustment To PEO Compensation, Footnote
2
The dollar amounts reported in column
s
(c) and (e) represent the amount of “compensation actually paid” to Mr. Roberts and Mr. Hochman, as applicable, as computed in accordance with Item 402(v) of Regulation
S-K
and do not reflect the total compensation actually realized or received by such individual. In accordance with these rules, these amounts reflect “Total Compensation” as set forth in the Summary Compensation Table for each year, adjusted as shown below. Equity values are calculated in accordance with ASC Topic 718, and the methodologies applied in the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant.
 
    
Reported
Summary
Compensation
Table Total
    
[Less]
Value of “Stock
Awards”
Reported in
Summary
Compensation
Table
    
[Plus]
Fair Value at
Fiscal Year-
End of
Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
    
[Plus]
Change in Fair
Value from
Prior Fiscal
Year-End of
Outstanding
and Unvested
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years
   
[Plus]
Fair Value at
Vesting Date of
Stock Awards
Granted in
Fiscal Year that
Vested During
Fiscal Year
  
[Plus]
Change in Fair
Value from
Prior Fiscal
Year End to
Vesting Date of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Vested During
Fiscal Year
   
[Less]
Prior Year-End
Fair Value of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to Meet
Vesting
Conditions
During Fiscal
Year
  
Compensation
Actually Paid
to Mr. Roberts.
 
                 
2022
   $ 5,933,303      $ 4,499,980      $ 1,875,829      $ (33,933,038   $—    $ (5,828,372   $—    $ (36,452,258
2021
   $ 6,958,837      $ 4,349,982      $ 7,343,698      $ 40,911,107     $—    $ 3,400,416     $—    $ 54,264,076  
 
    
Reported
Summary
Compensation
Table Total
    
[Less]
Value of “Stock
Awards”
Reported in
Summary
Compensation
Table
    
[Plus]
Fair Value at
Fiscal Year-
End of
Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
    
[Plus]
Change in Fair
Value from
Prior Fiscal
Year-End
of
Outstanding
and Unvested
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years
    
[Plus]
Fair Value at
Vesting Date of
Stock Awards
Granted in
Fiscal Year that
Vested During
Fiscal Year
  
[Plus]
Change in Fair
Value from
Prior Fiscal
Year End to
Vesting Date of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Vested During
Fiscal Year
  
[Less]
Prior Year-End
Fair Value of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to Meet
Vesting
Conditions
During Fiscal
Year
  
Compensation
Actually Paid
to Mr. Hochman.
 
                 
2023
   $ 6,295,047      $ 3,809,892      $ 4,825,853      $ 701,649      $—    $—    $—    $ 8,012,657  
2022
   $ 1,826,257      $ 1,499,972      $ 1,140,243      $      $—    $—    $—    $ 1,466,528  
   
Non-PEO NEO Average Total Compensation Amount $ 1,774,015 $ 1,272,805 $ 1,531,194
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,942,847 (1,887,955) 5,036,832
Adjustment to Non-PEO NEO Compensation Footnote
4
The dollar amounts reported in column (g) represent the average amount of “compensation actually paid” to the NEOs as a group excluding Mr. Roberts and Mr. Hochman), as computed in accordance with Item 402(v) of Regulation
S-K.
In accordance with these rules, these amounts reflect “Total Compensation” as set forth in the Summary Compensation Table for each year, adjusted as shown below. Equity values are calculated in accordance with ASC Topic 718, and the methodologies applied in the valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of the grant.
 
    
Average
Reported
Summary
Compensation
Table Total
    
[Less] Average
Value of “Stock
Awards”
Reported in
Summary
Compensation
Table
    
[Plus]
Average
Fair Value at
Fiscal Year-
End of
Outstanding
and Unvested
Stock Awards
Granted in
Fiscal Year
    
[Plus] Average
Change in Fair
Value from
Prior Fiscal
Year-End
of
Outstanding
and Unvested
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years
   
[Plus] Average
Fair Value at
Vesting Date of
Stock Awards
Granted in
Fiscal Year that
Vested During
Fiscal Year
    
[Plus] Average
Change in Fair
Value From
Prior Fiscal
Year End to
Vesting Date of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Vested During
Fiscal Year
   
[Less] Average
Prior Year-End
Fair Value of
Option Awards
and Stock
Awards
Granted in
Prior Fiscal
Years that
Failed to Meet
Vesting
Conditions
During Fiscal
Year
    
Average
Compensation
Actually Paid
Non-PEO NEOs
 
                 
2023
   $ 1,774,015      $ 612,256      $ 639,322      $ 140,327     $ 1,737      $ 80,740     $ 81,038      $ 1,942,847  
2022
   $ 1,272,805      $ 712,454      $ 296,989      $ (2,405,967   $      $ (339,328   $      $ (1,887,955
2021
   $ 1,531,194      $ 693,705      $ 1,144,256      $ 2,607,143     $      $ 447,944     $      $ 5,036,832  
   
Compensation Actually Paid vs. Total Shareholder Return    
Compensation Actually Paid vs. Net Income    
Compensation Actually Paid vs. Company Selected Measure    
Total Shareholder Return Vs Peer Group    
Tabular List, Table
The list below represents the most important financial performance measures used to determine Compensation Actually Paid for fiscal year 2023 as further described in the
Compensation Discussion and Analysis
within the sections titled “Short-Term Incentives” and “Long-term Incentives”.
 
  1.
EBITDA
  2.
Revenues
  3.
Pre-tax
Income
   
Total Shareholder Return Amount $ 153.85 95.24 262.86
Peer Group Total Shareholder Return Amount 163 128.3 140.63
Net Income (Loss) $ 102,600,000 $ 117,600,000 $ 131,600,000
Company Selected Measure Amount 90,800,000 115,200,000 145,200,000
Measure:: 1      
Pay vs Performance Disclosure      
Name EBITDA    
Measure:: 2      
Pay vs Performance Disclosure      
Name Revenues    
Measure:: 3      
Pay vs Performance Disclosure      
Name Pre-tax Income    
Mr. Roberts [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount   $ 5,933,303 $ 6,958,837
PEO Actually Paid Compensation Amount   (36,452,258) 54,264,076
PEO Name Mr. Roberts    
Mr. Hochman [Member]      
Pay vs Performance Disclosure      
PEO Total Compensation Amount $ 6,295,047 1,826,257  
PEO Actually Paid Compensation Amount $ 8,012,657 1,466,528  
PEO Name Kevin Hochman    
PEO | Mr. Roberts [Member] | Value of "Stock Awards" Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   (4,499,980) (4,349,982)
PEO | Mr. Roberts [Member] | Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   1,875,829 7,343,698
PEO | Mr. Roberts [Member] | Change in Fair Value from Prior Fiscal YearEnd of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   (33,933,038) 40,911,107
PEO | Mr. Roberts [Member] | Change in Fair Value from Prior Fiscal Year End to Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years that Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   (5,828,372) 3,400,416
PEO | Mr. Hochman [Member] | Value of "Stock Awards" Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (3,809,892) (1,499,972)  
PEO | Mr. Hochman [Member] | Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 4,825,853 1,140,243  
PEO | Mr. Hochman [Member] | Change in Fair Value from Prior Fiscal YearEnd of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 701,649    
Non-PEO NEO | Average Value of "Stock Awards" Reported in Summary Compensation Table      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (612,256) (712,454) (693,705)
Non-PEO NEO | Average Fair Value at Fiscal YearEnd of Outstanding and Unvested Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 639,322 296,989 1,144,256
Non-PEO NEO | Average Change in Fair Value from Prior Fiscal YearEnd of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 140,327 (2,405,967) 2,607,143
Non-PEO NEO | Average Fair Value at Vesting Date of Stock Awards Granted in Fiscal Year that Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 1,737    
Non-PEO NEO | Average Change in Fair Value From Prior Fiscal YearEnd to Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years that Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 80,740 $ (339,328) $ 447,944
Non-PEO NEO | Average Prior YearEnd Fair Value of Option Awards and Stock Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (81,038)