v3.26.1
OTHER GAINS AND CHARGES
12 Months Ended
Jun. 24, 2026
Other Gains and Charges [Abstract]  
OTHER GAINS AND CHARGES
Other (gains) and charges in the Consolidated Statements of Comprehensive Income consist of the following:
Fiscal Years Ended
June 24, 2026June 25, 2025June 26, 2024
Restaurant-level impairment charges$5.7 $4.6 $12.3 
Litigation & claims, net3.4 22.4 6.6 
Restaurant closure asset write-offs and charges2.7 4.1 10.1 
Severance and other benefit charges1.7 2.4 0.5 
Enterprise system implementation costs— 14.1 14.0 
Lease contingencies— 1.7 0.8 
Lease modification gain, net(3.7)(5.1)(0.3)
Loss from natural disasters, net (of insurance recoveries)(2.2)(3.7)(0.4)
Other, net1.0 1.3 (0.4)
$8.6 $41.8 $43.2 
Restaurant-level impairment charges were primarily associated with the following long-lived assets:
Fiscal 2026 - five underperforming Maggiano’s restaurants totaling $5.4 million. Refer to Note 3 - Fair Value Measurements for further details.
Fiscal 2025 - 13 underperforming Chili’s restaurants.
Fiscal 2024 - 35 underperforming Chili’s restaurants.
Litigation & claims, net primarily relates to claims on alcohol service cases and legal contingencies. Fiscal 2026 is also inclusive of an insurance reimbursement related to a one-time settlement of an employment claim in fiscal 2025. Fiscal 2025 also includes one-time intellectual property claim settlements.
Restaurant closure asset write-offs and charges includes costs associated with the closure of certain Chili’s and Maggiano’s restaurants.
Severance and other benefit charges relates to changes in our management team and organizational structure.
Enterprise system implementation costs primarily consists of software subscription fees and certain other costs prior to implementation and post go-live support of the cloud-based Enterprise Resource Planning (“ERP”) system.
Lease contingencies includes expenses related to certain lease guarantees associated with divested brands when we have determined it is probable that the current lessee will default on the lease obligation. Refer to Note 8 - Commitments and Contingencies for additional information about our secondarily liable lease guarantees.
Lease modification gain, net in fiscal 2026 includes gains related to a lease termination fee received from a landlord associated with a closed Chili’s restaurant and the reduction of lease liabilities of one Maggiano’s restaurant and certain closed Chili’s restaurants. Lease modification gain, net in fiscal 2025 includes gains related to a lease termination fee received from a landlord associated with a closed Maggiano’s restaurant and the reduction of lease liabilities of certain closed Chili’s restaurants.
Loss from natural disasters, net (of insurance recoveries) in fiscal 2026 and fiscal 2025 primarily includes proceeds received from fiscal 2021 Winter Storm claim.