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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Mar. 26, 2025
Mar. 27, 2024
Cash flows from operating activities    
Net income $ 276.1 $ 98.0
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 148.7 125.8
Stock-based compensation 23.1 16.5
Deferred income taxes, net 12.6 (12.9)
Non-cash other (gains) and charges 11.6 10.1
Net loss on disposal of assets 8.6 3.2
Other 1.9 2.1
Changes in assets and liabilities:    
Accounts receivable, net 2.2 11.6
Inventories (1.1) 1.5
Restaurant supplies (2.0) (0.4)
Prepaid expenses 0.1 (9.0)
Income taxes (4.4) 2.5
Operating lease assets, net of liabilities (2.0) (2.9)
Other assets (0.3) (0.4)
Accounts payable 8.8 26.7
Gift card liability (5.2) (7.0)
Accrued payroll 17.7 5.4
Other accrued liabilities (8.6) 7.8
Other liabilities 5.2 1.8
Net cash provided by operating activities 493.0 280.4
Cash flows from investing activities    
Payments for property and equipment (185.4) (140.9)
Proceeds from note receivable 0.0 1.3
Proceeds from sale of assets 0.0 0.9
Insurance recoveries 0.0 0.7
Net cash used in investing activities (185.4) (138.0)
Cash flows from financing activities    
Borrowings on revolving credit facility 670.0 304.0
Payments on revolving credit facility (580.0) (414.0)
Payments on long-term debt (366.3) (14.4)
Purchases of treasury stock (86.3) (25.6)
Proceeds from issuance of treasury stock 8.0 8.9
Payments for debt issuance costs (0.1) (0.7)
Payments of dividends 0.0 (0.2)
Net cash used in financing activities (354.7) (142.0)
Net change in cash and cash equivalents (47.1) 0.4
Cash and cash equivalents at beginning of period 64.6 15.1
Cash and cash equivalents at end of period 17.5 15.5
Supplemental disclosure of cash flow information:    
Income taxes paid, net 43.4 19.2
Interest paid, net of amounts capitalized 51.7 38.7
Accrued capital expenditures $ 30.4 $ 10.5