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REVENUE RECOGNITION (Tables) | 6 Months Ended
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Dec. 25, 2024
Revenue from Contract with Customer [Abstract] |
Changes in Deferred Franchise and Development Fees | The following table reflects the changes in deferred franchise and development fees between June 26, 2024 and December 25, 2024:
| Deferred Franchise and Development Fees
Balance as of June 26, 2024 | $ | 9.7 |  |  |
Additions | 0.8 |  |  |
Amount recognized to Franchise revenues | (0.7) |  |  |
Balance as of December 25, 2024 | $ | 9.8 |  |  |
Remaining Deferred Franchise and Development Fees to be Recognized | 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 December 25, 2024:
Fiscal Year | Franchise and Development Fees Revenue Recognition
Remainder of 2025 | $ | 0.4 |
2026 | 0.8 |
2027 | 0.8 |
2028 | 0.7 |
2029 | 0.6 |
Thereafter | 6.5 |
| $ | 9.8 |
Changes in the Gift Card Liability | 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 between June 26, 2024 and December 25, 2024:
| Gift Card Liability
Balance as of June 26, 2024 | $ | 64.8 |  |  |
Gift card sales | 70.8 |  |  |
Gift card redemptions recognized to Company sales | (48.2) |  |  |
Gift card breakage recognized to Company sales | (5.4) |  |  |
Other | (1.3) |  |  |
Balance as of December 25, 2024 | $ | 80.7 |  |  |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 + Details
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