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Operating (Gains), Losses and Other Charges, Net | 3 Months Ended
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Mar. 25, 2020
Other Income and Expenses [Abstract] |
Operating (Gains), Losses and Other Charges, Net | Operating (Gains), Losses and Other Charges, Net Operating (gains), losses and other charges, net consisted of the following:
| Quarter Ended
| March 25, 2020 |  | March 27, 2019
| (In thousands)
Gains on sales of assets and other, net | $ | (1,070 | ) |  | $ | (9,475 | )
Restructuring charges and exit costs | 362 |  |  | 540 |
Impairment charges | 2,181 |  |  | — |
Operating (gains), losses and other charges, net | $ | 1,473 |  |  | $ | (8,935 | )
During the quarter ended March 25, 2020, gains on sales of assets and other, net were primarily related to the sales of two real estate parcels. During the quarter ended March 27, 2019, gains on sales of assets and other, net included a $7.5 million gain on the sale of one parcel of real estate and $2.2 million in gains on the sales of three company restaurants. As of December 25, 2019, we had recorded assets held for sale at their carrying amount of $1.9 million (comprised of property of $1.6 million, other assets of $0.2 million and goodwill of $0.1 million) related to four company restaurants and two pieces of real estate. During the quarter ended March 25, 2020, the two pieces of real estate were sold and the four company restaurants were reclassified out of assets held for sale, as they are no longer expected to be sold in the next 12 months. Restructuring charges and exit costs consisted of the following:
| Quarter Ended
| March 25, 2020 |  | March 27, 2019
| (In thousands)
Exit costs | $ | 44 |  |  | $ | 122 |
Severance and other restructuring charges | 318 |  |  | 418 |
Total restructuring charges and exit costs | $ | 362 |  |  | $ | 540 |
Exit cost liabilities were $0.2 million as of March 25, 2020 and December 25, 2019. As a result of the adoption of Accounting Standards Codification Topic 842, Leases ("Topic 842") exit cost liabilities related to lease costs are now included as a component of operating lease liabilities in our Condensed Consolidated Balance Sheets. As of March 25, 2020 and December 25, 2019, we had accrued severance and other restructuring charges of $0.6 million and $0.9 million, respectively. The balance as of March 25, 2020 is expected to be paid during the next 12 months. We review our property, right-of-use assets ("ROU assets") and definite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying value of certain long-lived and ROU assets may not be recoverable. Based on our review, we recorded impairment charges of $2.2 million for the quarter ended March 25, 2020 resulting from the impacts of the COVID-19 pandemic. The $2.2 million included $1.1 million related to property, $1.0 million related to operating lease right-of-use assets and less than $0.1 million related to finance lease right-of-use assets and reacquired franchise rights, respectively.

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