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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Mar. 27, 2024
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 27, 2024
| Chili's |  | Maggiano's |  | Corporate |  | Consolidated
Company sales | $ | 988.4 |  |  | $ | 120.5 |  |  | $ | — |  |  | $ | 1,108.9 |
Franchise revenues | 11.2 |  |  | 0.2 |  |  | — |  |  | 11.4 |
Total revenues | 999.6 |  |  | 120.7 |  |  | — |  |  | 1,120.3 |
Food and beverage costs | 249.3 |  |  | 28.5 |  |  | — |  |  | 277.8 |
Restaurant labor | 331.3 |  |  | 39.3 |  |  | — |  |  | 370.6 |
Restaurant expenses | 268.7 |  |  | 34.6 |  |  | 0.1 |  |  | 303.4 |
Depreciation and amortization | 36.6 |  |  | 3.4 |  |  | 2.6 |  |  | 42.6 |
General and administrative | 10.8 |  |  | 2.4 |  |  | 32.9 |  |  | 46.1 |
Other (gains) and charges | 5.7 |  |  | 0.2 |  |  | 4.0 |  |  | 9.9 |
Total operating costs and expenses | 902.4 |  |  | 108.4 |  |  | 39.6 |  |  | 1,050.4 |
Operating income (loss) | 97.2 |  |  | 12.3 |  |  | (39.6) |  |  | 69.9 |
Interest expenses | 0.8 |  |  | 0.1 |  |  | 15.3 |  |  | 16.2 |
Other income, net | — |  |  | — |  |  | (0.2) |  |  | (0.2) |
Income (loss) before income taxes | $ | 96.4 |  |  | $ | 12.2 |  |  | $ | (54.7) |  |  | $ | 53.9 |
| Thirteen Week Period Ended March 29, 2023
| Chili's |  | Maggiano's |  | Corporate |  | Consolidated
Company sales | $ | 953.2 |  |  | $ | 119.7 |  |  | $ | — |  |  | $ | 1,072.9 |
Franchise revenues | 10.2 |  |  | 0.1 |  |  | — |  |  | 10.3 |
Total revenues | 963.4 |  |  | 119.8 |  |  | — |  |  | 1,083.2 |
Food and beverage costs | 257.9 |  |  | 29.6 |  |  | — |  |  | 287.5 |
Restaurant labor | 322.0 |  |  | 39.2 |  |  | — |  |  | 361.2 |
Restaurant expenses | 247.5 |  |  | 33.1 |  |  | 0.3 |  |  | 280.9 |
Depreciation and amortization | 36.7 |  |  | 3.3 |  |  | 2.5 |  |  | 42.5 |
General and administrative | 8.8 |  |  | 2.0 |  |  | 29.8 |  |  | 40.6 |
Other (gains) and charges | 2.2 |  |  | 0.4 |  |  | 3.7 |  |  | 6.3 |
Total operating costs and expenses | 875.1 |  |  | 107.6 |  |  | 36.3 |  |  | 1,019.0 |
Operating income (loss) | 88.3 |  |  | 12.2 |  |  | (36.3) |  |  | 64.2 |
Interest expenses | 1.0 |  |  | — |  |  | 13.2 |  |  | 14.2 |
Other income, net | — |  |  | — |  |  | (0.6) |  |  | (0.6) |
Income (loss) before income taxes | $ | 87.3 |  |  | $ | 12.2 |  |  | $ | (48.9) |  |  | $ | 50.6 |
| Thirty-Nine Week Period Ended March 27, 2024
| Chili's |  | Maggiano's |  | Corporate |  | Consolidated
Company sales | $ | 2,803.1 |  |  | $ | 371.5 |  |  | $ | — |  |  | $ | 3,174.6 |
Franchise revenues | 31.8 |  |  | 0.5 |  |  | — |  |  | 32.3 |
Total revenues | 2,834.9 |  |  | 372.0 |  |  | — |  |  | 3,206.9 |
Food and beverage costs | 721.6 |  |  | 88.1 |  |  | — |  |  | 809.7 |
Restaurant labor | 955.3 |  |  | 119.5 |  |  | — |  |  | 1,074.8 |
Restaurant expenses | 785.5 |  |  | 103.0 |  |  | 0.4 |  |  | 888.9 |
Depreciation and amortization | 108.3 |  |  | 9.8 |  |  | 7.7 |  |  | 125.8 |
General and administrative | 31.0 |  |  | 6.9 |  |  | 93.8 |  |  | 131.7 |
Other (gains) and charges | 10.3 |  |  | 0.6 |  |  | 8.6 |  |  | 19.5 |
Total operating costs and expenses | 2,612.0 |  |  | 327.9 |  |  | 110.5 |  |  | 3,050.4 |
Operating income (loss) | 222.9 |  |  | 44.1 |  |  | (110.5) |  |  | 156.5 |
Interest expenses | 2.5 |  |  | 0.2 |  |  | 47.2 |  |  | 49.9 |
Other income, net | (0.1) |  |  | — |  |  | (0.2) |  |  | (0.3) |
Income (loss) before income taxes | $ | 220.5 |  |  | $ | 43.9 |  |  | $ | (157.5) |  |  | $ | 106.9 |
Segment assets | $ | 2,111.4 |  |  | $ | 252.7 |  |  | $ | 131.6 |  |  | $ | 2,495.7 |
Payments for property and equipment | 121.3 |  |  | 12.3 |  |  | 7.3 |  |  | 140.9 |
| Thirty-Nine Week Period Ended March 29, 2023 |  |  |
| Chili's |  | Maggiano's |  | Corporate |  | Consolidated |  |  |
Company sales | $ | 2,663.1 |  |  | $ | 365.3 |  |  | $ | — |  |  | $ | 3,028.4 |  |  |  |
Franchise revenues | 28.9 |  |  | 0.4 |  |  | — |  |  | 29.3 |  |  |  |
Total revenues | 2,692.0 |  |  | 365.7 |  |  | — |  |  | 3,057.7 |  |  |  |
Food and beverage costs | 772.5 |  |  | 93.9 |  |  | — |  |  | 866.4 |  |  |  |
Restaurant labor | 908.7 |  |  | 117.7 |  |  | — |  |  | 1,026.4 |  |  |  |
Restaurant expenses | 718.5 |  |  | 99.0 |  |  | 0.6 |  |  | 818.1 |  |  |  |
Depreciation and amortization | 108.7 |  |  | 9.8 |  |  | 7.7 |  |  | 126.2 |  |  |  |
General and administrative | 26.8 |  |  | 6.0 |  |  | 82.9 |  |  | 115.7 |  |  |  |
Other (gains) and charges | 10.9 |  |  | 1.2 |  |  | 7.7 |  |  | 19.8 |  |  |  |
Total operating costs and expenses | 2,546.1 |  |  | 327.6 |  |  | 98.9 |  |  | 2,972.6 |  |  |  |
Operating income (loss) | 145.9 |  |  | 38.1 |  |  | (98.9) |  |  | 85.1 |  |  |  |
Interest expenses | 2.9 |  |  | 0.2 |  |  | 37.3 |  |  | 40.4 |  |  |  |
Other income, net | — |  |  | — |  |  | (1.3) |  |  | (1.3) |  |  |  |
Income (loss) before income taxes | $ | 143.0 |  |  | $ | 37.9 |  |  | $ | (134.9) |  |  | $ | 46.0 |  |  |  |
Payments for property and equipment | $ | 119.4 |  |  | $ | 10.7 |  |  | $ | 6.5 |  |  | $ | 136.6 |  |  |  |

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- 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 -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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