XML 26 R11.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Other Charges (Gains), net | 6 Months Ended
--- | ---
Jul. 14, 2024
Other Income and Expenses [Abstract] |
Other Charges (Gains), net | Other Charges (Gains), net Other charges (gains), net consisted of the following (in thousands):
|  | Twelve Weeks Ended |  | Twenty-Eight Weeks Ended
|  | July 14, 2024 |  | July 9, 2023 |  | July 14, 2024 |  | July 9, 2023
Gain on sale of restaurant property |  | $ | — |  |  | $ | (14,586) |  |  | $ | (7,425) |  |  | $ | (14,586) |
Litigation contingencies |  | 356 |  |  | 1,240 |  |  | 776 |  |  | 5,540 |
Restaurant closure costs, net |  | 423 |  |  | (112) |  |  | 597 |  |  | 1,638 |
Severance and executive transition |  | 137 |  |  | 962 |  |  | 1,082 |  |  | 2,854 |
Asset impairment |  | 1,128 |  |  | 1,693 |  |  | 1,128 |  |  | 2,387 |
Asset disposal and other, net |  | 825 |  |  | 83 |  |  | 2,620 |  |  | 1,144 |
Closed corporate office costs, net of sublease income |  | 62 |  |  | 113 |  |  | 177 |  |  | 175 |
Other charges (gains), net |  | $ | 2,931 |  |  | $ | (10,607) |  |  | $ | (1,045) |  |  | $ | (848) |
Gain on Sale of Restaurant Property During the first quarter of fiscal 2024, the Company sold ten restaurant properties for total proceeds of $23.9 million in a sale-leaseback transaction that resulted in a gain, net of expenses of $7.4 million. During the second quarter of fiscal 2023, the Company sold nine restaurant properties for total proceeds of $28.5 million in a sale-leaseback transaction that resulted in a gain, net of expenses of $14.6 million. Severance and Executive Transition During the quarter and year to date periods of fiscal 2024, the Company incurred costs primarily related to a reduction in force of Team Members. During the second quarter and year to date periods of fiscal 2023, the Company incurred severance and executive transition costs associated with changes in leadership positions. Asset Impairment During the second quarter of fiscal 2024, the Company recognized non-cash impairment charges primarily related to the closure of two locations. During the second quarter and year to date periods of fiscal 2023, the Company recognized non-cash impairment charges primarily related to impairments of long-lived assets at four underperforming locations and the closed corporate office. See Note 7. Fair Value Measurements. Asset Disposal and Other Asset disposals and other relate primarily to terminated capital projects.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration