Quarterly report pursuant to Section 13 or 15(d)

Other Charges (Gains), net

Other Charges (Gains), net
4 Months Ended
Apr. 21, 2024
Other Income and Expenses [Abstract]  
Other Charges (Gains), net Other Charges (Gains), net
Other charges (Gains), net consisted of the following (in thousands):
Quarter Ended
April 21, 2024 April 16, 2023
Gain on sale leaseback, net
$ (7,425) $ — 
Litigation contingencies
420  4,300 
Restaurant closure costs, net
175  1,750 
Severance and executive transition
945  1,891 
Asset impairment
—  694 
Asset disposal and other, net
1,794  1,062 
Closed corporate office costs, net of sublease income 115  62 
Other charges (gains), net $ (3,976) $ 9,759 
During the first quarter of 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. The net proceeds of $23.4 million from the sale of 10 restaurant properties are included within cash flows from investing activities in the Condensed Consolidated Statements of Cash Flows for the first quarter ended April 21, 2024.