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F. LEASES
 12 Months Ended
Jun. 25, 2017
Leases [Abstract]  
LEASES

Premises occupied by Company-owned restaurants are leased for initial terms of five to ten years, and each has multiple renewal terms. Certain lease agreements contain either a provision requiring additional rent if sales exceed specified amounts or an escalation clause based upon a predetermined multiple.

 

The Company leases its 38,130 square foot corporate office facility with average annual lease payments of approximately $9.00 per square foot.  This lease began on January 2, 2017 and has a ten year term. 

 

Future minimum rental payments under active non-cancelable leases with initial or remaining terms of one year or more at June 25, 2017 were as follows (in thousands):

 

<BTB>   Operating
<S>   Leases
     
2018 $ 2,485
2019   2,246
2020   2,272
2021   2,347
2022   2,258
Thereafter   6,381
  $ 17,989

 

Future minimum sublease rental income under active non-cancelable leases with initial or remaining terms of one year or more at June 25, 2017 were as follows (in thousands):

 

<BTB>   Sublease Rental
<S>   Income
     
2018 $ 187
2019   162
2020   168
2021   174
2022   175
Thereafter   350
  $ 1,216

 

Rental expense consisted of the following (in thousands):

 

<TABLE><CAPTION>   Fiscal Year Ended
    June 25,   June 26,
    2017   2016
<S>        
Minimum rentals $                1,878 $                3,090
Sublease rentals                   (129)                   (257)
  $                1,749 $                2,833