Operating (Gains), Losses and Other Charges, Net

Operating (gains), losses and other charges, net are comprised of the following:



	Quarter Ended						Three Quarters Ended
	September 28, 2016			September 30, 2015			September 28, 2016			September 30, 2015
	(In thousands)
Pension settlement loss	$	—		$	—		$	24,297		$	—
Gains on sales of assets and other, net	(77		)	(23		)	(764		)	(43		)
Restructuring charges and exit costs	326			332			832			1,094
Impairment charges	—			577			—			671
Operating (gains), losses and other charges, net	$	249		$	886		$	24,365		$	1,722

The pre-tax pension settlement loss of $24.3 million related to the completion of the Pension Plan liquidation during the three quarters ended September 28, 2016. See Note 9 for details on the Pension Plan liquidation. Gains on sales of assets and other, net of $0.8 million for the three quarters ended September 28, 2016 primarily related to restaurants sold to franchisees.

Restructuring charges and exit costs were comprised of the following:



	Quarter Ended				Three Quarters Ended
	September 28, 2016		September 30, 2015		September 28, 2016		September 30, 2015
	(In thousands)
Exit costs	$	154	$	43	$	269	$	583
Severance and other restructuring charges	172		289		563		511
Total restructuring charges and exit costs	$	326	$	332	$	832	$	1,094

The components of the change in accrued exit cost liabilities are as follows:



	(In thousands)
Balance, December 30, 2015	$	2,043
Exit costs ⁽¹⁾	269
Payments, net of sublease receipts	(378		)
Interest accretion	91
Balance, September 28, 2016	2,025
Less current portion included in other current liabilities	748
Long-term portion included in other noncurrent liabilities	$	1,277


(1)	Included as a component of operating (gains), losses and other charges, net.

As of September 28, 2016 and December 30, 2015, we had accrued severance and other restructuring charges of $0.3 million and $0.4 million, respectively. The balance as of September 28, 2016 is expected to be paid during the next 12 months.

Impairment charges of $0.7 million for the three quarters ended September 30, 2015 resulted primarily from the impairment of a restaurant identified as assets held for sale.