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CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Jun. 26, 2024
Jun. 28, 2023
Current assets    
Cash and cash equivalents $ 64.6 $ 15.1
Accounts receivable, net 60.6 60.9
Inventories 34.5 34.5
Restaurant supplies 53.8 55.6
Prepaid expenses 20.6 17.2
Total current assets 234.1 183.3
Property and equipment, at cost    
Land 41.6 42.4
Buildings and leasehold improvements 1,670.2 1,635.7
Furniture and equipment 830.6 765.8
Construction-in-progress 41.0 30.1
Gross property and equipment 2,583.4 2,474.0
Less accumulated depreciation and amortization (1,703.7) (1,665.7)
Net property and equipment 879.7 808.3
Other assets    
Operating lease assets [1] 1,095.2 1,134.9
Goodwill 194.8 195.0
Deferred income taxes, net 113.9 93.4
Intangibles, net 19.9 23.9
Other 55.5 48.2
Total other assets 1,479.3 1,495.4
Total assets 2,593.1 2,487.0
Current liabilities    
Accounts payable 160.6 125.7
Gift card liability 64.8 73.0
Accrued payroll 130.8 106.1
Operating lease liabilities [1] 114.1 112.4
Other accrued liabilities 144.7 116.3
Income taxes payable 7.3 2.4
Total current liabilities 622.3 535.9
Long-term debt and finance leases, less current installments 786.3 912.2
Long-term operating lease liabilities, less current portion [1] 1,084.5 1,125.8
Other liabilities 60.6 57.4
Commitments and contingencies (Note 8)
Shareholders’ equity (deficit)    
Common stock, shares authorized 250.0  
Common stock, par value per share $ 0.10  
Common stock, shares issued 60.3 60.3
Common stock, shares outstanding 45.0 44.6
Common stock $ 6.0 $ 6.0
Additional paid-in capital 707.8 690.0
Accumulated other comprehensive loss (6.3) (6.0)
Accumulated deficit $ (196.6) $ (351.9)
Treasury stock, shares 15.3 15.7
Treasury stock, at cost $ (471.5) $ (482.4)
Total shareholders’ equity (deficit) 39.4 (144.3)
Total liabilities and shareholders’ equity (deficit) $ 2,593.1 $ 2,487.0
[1] Operating lease assets are recorded in Operating lease assets and the related current and long-term lease liabilities are recorded within Operating lease liabilities and Long-term operating lease liabilities, less current portion, respectively.