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CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Jun. 25, 2025
Jun. 26, 2024
Current assets    
Cash and cash equivalents $ 18.9 $ 64.6
Accounts receivable, net 73.4 60.6
Inventories 35.2 34.5
Restaurant supplies 54.9 53.8
Prepaid expenses 24.6 20.6
Total current assets 207.0 234.1
Property and equipment, at cost    
Land 44.9 41.6
Buildings and leasehold improvements 1,755.2 1,670.2
Furniture and equipment 845.3 830.6
Construction-in-progress 71.8 41.0
Gross property and equipment 2,717.2 2,583.4
Less accumulated depreciation and amortization (1,764.5) (1,703.7)
Net property and equipment 952.7 879.7
Other assets    
Operating lease assets [1] 1,149.1 1,095.2
Goodwill 194.7 194.8
Deferred income taxes, net 101.4 113.9
Intangibles, net 17.4 19.9
Other 56.3 55.5
Total other assets 1,518.9 1,479.3
Total assets 2,678.6 2,593.1
Current liabilities    
Accounts payable 168.5 160.6
Gift card liability 57.2 64.8
Accrued payroll 156.2 130.8
Operating lease liabilities [1] 114.6 114.1
Other accrued liabilities 172.6 144.7
Income taxes payable, net 6.5 7.3
Total current liabilities 675.6 622.3
Long-term debt and finance leases, less current installments 426.0 786.3
Long-term operating lease liabilities, less current portion [1] 1,135.3 1,084.5
Other liabilities 70.8 60.6
Commitments and contingencies (Note 8)
Shareholders’ equity    
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 44.5 45.0
Common stock (250.0 million authorized shares; $0.10 par value; 60.3 million shares issued and 44.5 million shares outstanding at June 25, 2025, and 60.3 million shares issued and 45.0 million shares outstanding at June 26, 2024) $ 6.0 $ 6.0
Additional paid-in capital 714.5 707.8
Accumulated other comprehensive loss (6.4) (6.3)
Retained earnings (Accumulated deficit) $ 186.5 $ (196.6)
Treasury stock, shares 15.8 15.3
Treasury stock, at cost (15.8 million shares at June 25, 2025, and 15.3 million shares at June 26, 2024) $ (529.7) $ (471.5)
Total shareholders’ equity 370.9 39.4
Total liabilities and shareholders’ equity $ 2,678.6 $ 2,593.1
[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.