Quarterly report pursuant to Section 13 or 15(d)

Other (Gains) Charges

v3.19.3
Other (Gains) Charges
 9 Months Ended
Oct. 06, 2019
Other Income and Expenses [Abstract]  
Other (Gains) Charges
Other (Gains) Charges
Other (gains) charges consist of the following (in thousands):
 
 
Twelve Weeks Ended
 
Forty Weeks Ended
 
 
October 6, 2019
 
October 7, 2018
 
October 6, 2019
 
October 7, 2018
Asset impairment
 
$
—

 
$
—

 
$
14,064

 
$
9,643

Executive transition and severance
 
594

 
—

 
2,958

 
—

Restaurant closure gains
 
(3,922
)
 
—

 
(2,617
)
 
—

Board and stockholder matter costs
 
1,311

 
—

 
2,463

 
—

Litigation contingencies
 
—

 
—

 
—

 
4,000

Reorganization costs
 
—

 
520

 
—

 
3,273

Spiral menu disposal
 
—

 
—

 
—

 
506

Executive retention
 
260

 
—

 
620

 
—

Other (gains) charges
 
$
(1,757
)
 
$
520

 
$
17,488

 
$
17,422


In second quarter 2019, the Company determined 29 Company-owned restaurants were impaired and recognized a non-cash impairment charge of $14.1 million. In second quarter 2018, the Company determined eight Company-owned restaurants were impaired and recognized a non-cash impairment charge of $9.6 million. The Company recognized the non-cash impairment charges included in asset impairment above resulting from the continuing and projected future results of these restaurants, primarily through projected cash flows. Non-cash impairment charges resulting from restaurant closures are included within restaurant closure gains.