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Impairment and Exit Costs | 12 Months Ended
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Dec. 31, 2023
Impairments and Exit Costs [Abstract] |
Impairments and Exit Costs | Impairments and Exit Costs The components of Provision for impaired assets and restaurant closings are as follows for the periods indicated:
| FISCAL YEAR
(dollars in thousands) | 2023 |  | 2022 |  | 2021
Impairment losses |  |  |  |  |
U.S. | $ | 39,812 |  |  | $ | 3,942 |  |  | $ | 11,945 |
International | 600 |  |  | 1,537 |  |  | 1,186 |
Corporate | — |  |  | 7 |  |  | 270 |
Total impairment losses | 40,412 |  |  | 5,486 |  |  | 13,401 |
Restaurant closure (benefit) charges |  |  |  |  |
U.S. | (7,143) |  |  | 478 |  |  | 422 |
International | 305 |  |  | — |  |  | (86) |
Total restaurant closure (benefit) charges | (6,838) |  |  | 478 |  |  | 336 |
Provision for impaired assets and restaurant closings | $ | 33,574 |  |  | $ | 5,964 |  |  | $ | 13,737 |
2023 Closure Initiative - During the fourteen weeks ended December 31, 2023, the Company recognized asset impairments and closure charges in connection with the closure of three U.S. and two international Aussie Grill restaurants and the decision to close 36 predominantly older, underperforming U.S. restaurants (the “2023 Closure Initiative”). All remaining restaurant closures under the 2023 Closure Initiative were completed in February 2024, with an estimated $8 million to $11 million of related severance and closure charges to be recorded during the thirteen weeks ended March 31, 2024. Following is a summary of the 2023 Closure Initiative charges recognized in the Consolidated Statements of Operations and Comprehensive Income for the periods indicated (dollars in thousands):
DESCRIPTION |  | CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME CLASSIFICATION |  |  |  | FOURTEEN WEEKS AND FISCAL YEAR ENDED |  |  |  |
|  |  |  | DECEMBER 31, 2023 |  |  |  |
Property, fixtures and equipment impairments |  | Provision for impaired assets and restaurant closings |  |  |  | $ | 23,934 |  |  |  |  |
Lease right-of-use asset impairments and closure charges |  | Provision for impaired assets and restaurant closings |  |  |  | 10,266 |  |  |  |  |
Severance and other expenses |  | General and administrative |  |  |  | 622 |  |  |  |  |
Lease remeasurement gains |  | Other restaurant operating |  |  |  | (2,450) |  |  |  |  |
|  |  |  |  |  | $ | 32,372 |  |  |  |  |
During 2023, the Company recognized a lease termination gain of $6.7 million, net of related asset impairments, in connection with the closure of one U.S. restaurant. The remaining impairment and closure charges during the periods presented resulted primarily from locations identified for closure or relocation. Accrued Closed Facility Liabilities Rollforward - The following table is a rollforward of the Company’s closed facility lease-related liabilities and other accrued costs associated with closure and restructuring initiatives for the period indicated:
| FISCAL YEAR
(dollars in thousands) | 2023
Balance, beginning of the period | $ | 5,476 |
Additions | 3,340 |
Cash payments | (1,142) |
Accretion | 317 |
Adjustments | (1,737) |
Balance, end of the period | $ | 6,254 |

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- Definition Impairments, Exit Costs and Disposals [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for the details of the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. Disclosure may also include a description of the impaired asset and facts and circumstances leading to the impairment, amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired asset is reported. + References No definition available. + Details
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