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REVENUE RECOGNITION
 12 Months Ended
Jun. 25, 2025
Revenue Recognition [Abstract]  
REVENUE RECOGNITION
Deferred Franchise and Development Fees
Our deferred franchise and development fees consist of the unrecognized fees received from franchisees. Recognition of these fees in subsequent periods is based on satisfaction of the contractual performance obligations of the active contracts with franchisees. We also expect to earn subsequent period royalties and advertising fees related to our franchise contracts; however, due to the variability and uncertainty of these future revenues based upon a sales-based measure, these future revenues are not yet estimable as the performance obligations remain unsatisfied. Deferred franchise and development fees are classified within Other accrued liabilities for the current portion expected to be recognized within the next 12 months and Other liabilities for the long-term portion in the Consolidated Balance Sheets.
The following table reflects the changes in deferred franchise and development fees for the fiscal years ended on June 25, 2025 and June 26, 2024:
June 25, 2025June 26, 2024
Beginning balance$9.7 $11.1 
Additions1.5 0.6 
Amount recognized to Franchise revenues(1.4)(2.0)
Ending balance$9.8 $9.7 
The following table illustrates franchise and development fees expected to be recognized in the future related to performance obligations that were unsatisfied or partially unsatisfied as of June 25, 2025:
Fiscal YearFranchise and Development Fees Revenue Recognition
2026$0.8 
20270.8 
20280.7 
20290.6 
20300.5 
Thereafter6.4 
$9.8 
Deferred Gift Card Revenues
Total deferred revenues related to our gift cards include the full value of unredeemed gift card balances less recognized breakage and the unamortized portion of third-party fees. The following table reflects the changes in the Gift card liability for fiscal years ended on June 25, 2025 and June 26, 2024:
June 25, 2025June 26, 2024
Beginning balance$64.8 $73.0 
Gift card sales122.8 122.2 
Gift card redemptions recognized to Company sales(120.4)(119.5)
Gift card breakage recognized to Company sales
(10.0)(11.1)
Other— 0.2 
Ending balance$57.2 $64.8