BRINKER INTERNATIONAL, INC. Consolidated Financial Statements Table of Contents Page Report of Independent Registered Public Accounting Firm (KPMG LLP, Dallas, TX, PCAOB ID: 185) 39 Management’s Report on Internal Control over Financial Reporting 43 Consolidated Statements of Comprehensive Income - Fiscal Years Ended June 24, 2026, June 25, 2025 and June 26, 2024 44 Consolidated Balance Sheets - June 24, 2026 and June 25, 2025 45 Consolidated Statements of Cash Flows - Fiscal Years Ended June 24, 2026, June 25, 2025, and June 26, 2024 46 Consolidated Statements of Shareholders’ Equity (Deficit) - Fiscal Years Ended June 24, 2026, June 25, 2025, and June 26, 2024 47 Notes to Consolidated Financial Statements 48 38 Table of Contents Report of Independent Registered Public Accounting Firm To the Shareholders and Board of Directors Brinker International, Inc.: Opinion on the Consolidated Financial Statements We have audited the accompanying consolidated balance sheets of Brinker International, Inc. and subsidiaries (the Company) as of June 24, 2026 and June 25, 2025, the related consolidated statements of comprehensive income, shareholders’ equity (deficit), and cash flows for each of the fiscal years in the three-year period ended June 24, 2026, and the related notes (collectively, the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of June 24, 2026 and June 25, 2025, and the results of its operations and its cash flows for each of the fiscal years in the three-year period ended June 24, 2026, in conformity with U.S. generally accepted accounting principles. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of June 24, 2026, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission, and our report dated August 19, 2026 expressed an unqualified opinion on the effectiveness of the Company’s internal control over financial reporting. Basis for Opinion These consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion. Critical Audit Matter The critical audit matter communicated below is a matter arising from the current period audit of the consolidated financial statements that was communicated or required to be communicated to the audit committee and that: (1) relates to accounts or disclosures that are material to the consolidated financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of a critical audit matter does not alter in any way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates. Sufficiency of audit evidence over Company sales As discussed in Notes 1 and 14 to the consolidated financial statements, the Company generated $5,750.9 million in Company sales for the fiscal year ended June 24, 2026. Company sales include revenues generated by the operation of Company-owned restaurants including food and beverage sales, net of discounts, delivery, gift card breakage, digital entertainment revenues, merchandise income, Maggiano’s banquet service charge income, and are net of gift card discount costs from third-party gift card sales. Revenues are recorded from the 39 Table of Contents sale of food, beverages and alcohol, net of discounts, upon delivery to the customer. The processing and recording of Company sales relies on multiple information technology (IT) systems. We identified the evaluation of the sufficiency of audit evidence over Company sales as a critical audit matter. Evaluating the sufficiency of audit evidence required subjective auditor judgment to determine the revenue streams over which procedures were to be performed as well as to assess the nature and extent of audit evidence obtained because of the number of revenue streams and the highly automated nature of certain processes to record revenue that involve interfacing significant volumes of data across multiple IT systems. Additionally, the complexity of the IT environment required the involvement of IT professionals with specialized skills and knowledge. The following are the primary procedures we performed to address this critical audit matter. We applied auditor judgment to determine the nature and extent of procedures to be performed over each revenue stream, including the IT systems tested. We evaluated the design and tested the operating effectiveness of certain internal controls related to the Company sales process, including involving IT professionals with specialized skills and knowledge, who assisted in testing certain IT systems and related controls that are used by the Company in its revenue recognition process. We performed a software-assisted data analysis to test relationships among certain revenue transactions, and for a selection of transactions, we compared the revenue recognized to underlying documentation, including third-party documentation. We evaluated the sufficiency of audit evidence obtained by assessing the results of procedures performed, including the appropriateness of the nature and extent of such evidence. /s/ KPMG LLP We have served as the Company’s auditor since 1984. Dallas, Texas August 19, 2026 40 Table of Contents Report of Independent Registered Public Accounting Firm To the Shareholders and Board of Directors Brinker International, Inc.: Opinion on Internal Control Over Financial Reporting We have audited Brinker International, Inc. and subsidiaries' (the Company) internal control over financial reporting as of June 24, 2026, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of June 24, 2026, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated balance sheets of the Company as of June 24, 2026 and June 25, 2025, the related consolidated statements of comprehensive income, shareholders’ equity (deficit), and cash flows for each of the fiscal years in the three-year period ended June 24, 2026, and the related notes (collectively, the consolidated financial statements), and our report dated August 19, 2026 expressed an unqualified opinion on those consolidated financial statements. Basis for Opinion The Company’s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Management's report. Our responsibility is to express an opinion on the Company’s internal control over financial reporting based on our audit. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit of internal control over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audit also included performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. Definition and Limitations of Internal Control Over Financial Reporting A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements. 41 Table of Contents Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. /s/ KPMG LLP Dallas, Texas August 19, 2026 42 Table of Contents MANAGEMENT’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING Management of the Company is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. The Company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that: •Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company; •Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and •Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Company’s assets that could have a material effect on the financial statements. We have assessed the effectiveness of our internal control over financial reporting based on the framework in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on our assessment, we concluded that our internal control over financial reporting was effective as of June 24, 2026. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. In addition, projections of any evaluation of effectiveness to future periods are subject to the risks that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. The effectiveness of our internal control over financial reporting as of June 24, 2026 has been audited by KPMG LLP, an independent registered public accounting firm, as stated in its attestation report which is included herein. 43 Table of Contents BRINKER INTERNATIONAL, INC. Consolidated Statements of Comprehensive Income (In millions, except per share amounts) Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Revenues Company sales $ 5,750.9 $ 5,335.3 $ 4,371.1 Franchise revenues 56.5 48.9 44.0 Total revenues 5,807.4 5,384.2 4,415.1 Operating costs and expenses Food and beverage costs 1,487.6 1,350.6 1,107.6 Restaurant labor 1,810.2 1,717.3 1,467.3 Restaurant expenses 1,426.7 1,333.9 1,212.9 Depreciation and amortization 218.7 206.6 170.8 General and administrative 235.7 222.0 183.7 Other (gains) and charges 8.6 41.8 43.2 Total operating costs and expenses 5,187.5 4,872.2 4,185.5 Operating income 619.9 512.0 229.6 Interest expenses 40.5 53.1 65.0 Other income, net (1.5) (1.1) (0.3) Income before income taxes 580.9 460.0 164.9 Provision for income taxes 93.9 76.9 9.6 Net income $ 487.0 $ 383.1 $ 155.3 Basic net income per share $ 11.16 $ 8.60 $ 3.49 Diluted net income per share $ 10.87 $ 8.32 $ 3.40 Basic weighted average shares outstanding 43.6 44.6 44.4 Diluted weighted average shares outstanding 44.8 46.1 45.7 Other comprehensive income (loss) Foreign currency translation adjustment $ (0.3) $ (0.1) $ (0.3) Comprehensive income $ 486.7 $ 383.0 $ 155.0 See accompanying Notes to Consolidated Financial Statements 44 Table of Contents BRINKER INTERNATIONAL, INC. Consolidated Balance Sheets (In millions, except per share amounts) June 24, 2026 June 25, 2025 ASSETS Current assets Cash and cash equivalents $ 110.0 $ 18.9 Accounts receivable, net 81.4 73.4 Inventories 34.5 35.2 Restaurant supplies 56.8 54.9 Prepaid expenses 23.8 24.6 Income taxes receivable 1.2 — Total current assets 307.7 207.0 Property and equipment, at cost Land 47.2 44.9 Buildings and leasehold improvements 1,815.4 1,755.2 Furniture and equipment 876.0 845.3 Construction-in-progress 61.8 71.8 2,800.4 2,717.2 Less accumulated depreciation and amortization (1,833.0) (1,764.5) Net property and equipment 967.4 952.7 Other assets Operating lease assets 1,205.9 1,149.1 Goodwill 194.5 194.7 Deferred income taxes, net 69.1 101.4 Intangibles, net 15.3 17.4 Other 55.1 56.3 Total other assets 1,539.9 1,518.9 Total assets $ 2,815.0 $ 2,678.6 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities Accounts payable $ 168.9 $ 168.5 Gift card liability 52.8 57.2 Accrued payroll 146.2 156.2 Operating lease liabilities 116.9 114.6 Other accrued liabilities 188.4 172.6 Income taxes payable 3.5 6.5 Total current liabilities 676.7 675.6 Long-term debt and finance leases, less current installments 419.7 426.0 Long-term operating lease liabilities, less current portion 1,194.3 1,135.3 Other liabilities 80.6 70.8 Commitments and contingencies (Note 8) Shareholders’ equity Common stock (250.0 million authorized shares; $0.10 par value; 60.3 million shares issued and 42.2 million shares outstanding at June 24, 2026, and 60.3 million shares issued and 44.5 million shares outstanding at June 25, 2025) 6.0 6.0 Additional paid-in capital 682.5 714.5 Accumulated other comprehensive loss (6.7) (6.4) Retained earnings 673.5 186.5 Treasury stock, at cost (18.1 million shares at June 24, 2026, and 15.8 million shares at June 25, 2025) (911.6) (529.7) Total shareholders’ equity 443.7 370.9 Total liabilities and shareholders’ equity $ 2,815.0 $ 2,678.6 See accompanying Notes to Consolidated Financial Statements 45 Table of Contents BRINKER INTERNATIONAL, INC. Consolidated Statements of Cash Flows (In millions) Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Cash flows from operating activities Net income $ 487.0 $ 383.1 $ 155.3 Adjustments to reconcile Net income to Net cash provided by operating activities: Depreciation and amortization 218.7 206.6 170.8 Deferred income taxes, net 32.2 12.6 (20.6) Non-cash other (gains) and charges 12.1 25.7 28.7 Stock-based compensation 32.2 31.4 25.9 Net loss on disposal of assets 10.3 11.7 3.5 Other 1.8 2.6 2.8 Changes in assets and liabilities: Accounts receivable, net 0.4 (12.9) (0.6) Inventories 0.3 (1.3) (0.5) Restaurant supplies (3.3) (2.2) (1.0) Prepaid expenses 0.9 (2.7) (12.3) Income taxes (4.8) (0.5) 4.0 Operating lease assets, net of liabilities (1.7) (2.6) (4.0) Other assets (0.6) (0.3) (0.4) Accounts payable 9.0 (7.6) 30.8 Gift card liability (4.4) (7.6) (8.2) Accrued payroll (10.0) 25.7 24.7 Other accrued liabilities 2.3 12.2 21.7 Other liabilities 7.0 5.1 1.3 Net cash provided by operating activities 789.4 679.0 421.9 Cash flows from investing activities Payments for property and equipment (231.9) (265.3) (198.9) Proceeds from sale of assets 0.4 1.0 4.7 Insurance recoveries 0.5 0.9 0.7 Proceeds from note receivable — — 1.3 Net cash used in investing activities (231.0) (263.4) (192.2) Cash flows from financing activities Borrowings on revolving credit facility 650.0 885.0 389.0 Payments on revolving credit facility (650.0) (885.0) (550.3) Purchases of treasury stock (443.9) (90.2) (25.8) Payments on long-term debt (24.1) (375.8) (20.1) Proceeds from issuance of treasury stock 0.7 8.3 27.9 Payments for debt issuance costs — (3.6) (0.7) Payments of dividends — — (0.2) Net cash used in financing activities (467.3) (461.3) (180.2) Net change in cash and cash equivalents 91.1 (45.7) 49.5 Cash and cash equivalents at beginning of period 18.9 64.6 15.1 Cash and cash equivalents at end of period $ 110.0 $ 18.9 $ 64.6 Supplemental disclosure of cash flow information: Income taxes paid, net (Refer to Note 9 - Income Taxes) $ 66.0 $ 64.3 $ 26.1 Interest paid, net of amounts capitalized 38.7 55.1 50.3 Accrued capital expenditures 23.5 31.7 16.5 See accompanying Notes to Consolidated Financial Statements 46 Table of Contents BRINKER INTERNATIONAL, INC. Consolidated Statements of Shareholders’ Equity (Deficit) (In millions) Common Stock Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock Accumulated Other Comprehensive Loss Total Shares Amount Balances at June 28, 2023 44.6 $ 6.0 $ 690.0 $ (351.9) $ (482.4) $ (6.0) $ (144.3) Net income — — — 155.3 — — 155.3 Other comprehensive loss — — — — — (0.3) (0.3) Stock-based compensation — — 25.9 — — — 25.9 Purchases of treasury stock (0.8) — (0.5) — (25.3) — (25.8) Issuances of treasury stock 1.2 — (7.6) — 36.2 — 28.6 Balances at June 26, 2024 45.0 6.0 707.8 (196.6) (471.5) (6.3) 39.4 Net income — — — 383.1 — — 383.1 Other comprehensive loss — — — — — (0.1) (0.1) Stock-based compensation — — 31.4 — — — 31.4 Purchases of treasury stock (1.2) — (9.0) — (81.5) — (90.5) Issuances of treasury stock 0.7 — (15.7) — 23.3 — 7.6 Balances at June 25, 2025 44.5 6.0 714.5 186.5 (529.7) (6.4) 370.9 Net income — — — 487.0 — — 487.0 Other comprehensive loss — — — — — (0.3) (0.3) Stock-based compensation — — 32.2 — — — 32.2 Purchases of treasury stock (3.2) — (33.3) — (413.5) — (446.8) Issuances of treasury stock 0.9 — (30.9) — 31.6 — 0.7 Balances at June 24, 2026 42.2 $ 6.0 $ 682.5 $ 673.5 $ (911.6) $ (6.7) $ 443.7 See accompanying Notes to Consolidated Financial Statements 47 Table of Contents BRINKER INTERNATIONAL, INC. Notes to Consolidated Financial Statements Footnote Index Note # Description Page Note 1 Nature of Operations and Summary of Significant Accounting Policies 49 Note 2 Revenue Recognition 54 Note 3 Fair Value Measurements 55 Note 4 Goodwill and Intangibles 56 Note 5 Accrued Liabilities 57 Note 6 Leases 57 Note 7 Debt 59 Note 8 Commitments and Contingencies 60 Note 9 Income Taxes 61 Note 10 Shareholders’ Equity 64 Note 11 Stock-based Compensation 64 Note 12 Defined Contribution Plan 66 Note 13 Other Gains and Charges 67 Note 14 Segment Information 68 48 Table of Contents Footnote Index 1. NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations The Company is principally engaged in the ownership, operation, development and franchising of the Chili’s® Grill & Bar (“Chili’s”) and Maggiano’s Little Italy® (“Maggiano’s”) restaurant brands. As of June 24, 2026, we owned, operated or franchised 1,635 restaurants, consisting of 1,163 Company-owned restaurants and 472 franchised restaurants, located in the United States, 28 other countries and two United States territories. On June 1, 2026, we executed an asset purchase agreement with a franchisee for the acquisition of 12 Chili’s restaurants located in Alabama and Mississippi, including the real estate for six of the locations. The transaction is expected to close on August 27, 2026 for a purchase price of approximately $27.5 million. Basis of Presentation Principles of Consolidation - The Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”), and include the accounts of Brinker International, Inc. and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. All amounts within the Notes to Consolidated Financial Statements are presented in millions unless otherwise specified. Fiscal Year - We have a 52 or 53 week fiscal year ending on the last Wednesday in June. We utilize a 13 week accounting period for quarterly reporting purposes, except in years containing 53 weeks when the fourth quarter contains 14 weeks. Fiscal 2026, Fiscal 2025, and Fiscal 2024 which ended on June 24, 2026, June 25, 2025, and June 26, 2024, respectively, each contained 52 weeks. Use of Estimates - The preparation of the Consolidated Financial Statements is in conformity with GAAP and requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements, and the reported amounts of revenues and costs and expenses in the reporting periods. Actual results could differ from those estimates. Significant Accounting Policies Cash and Cash Equivalents - Our policy is to invest cash in excess of operating requirements in income-producing investments. Income-producing investments with original maturities of three months or less are reflected as cash equivalents. Accounts Receivable - Accounts receivable, net of the allowance for credit losses, represents the estimated net realizable value. Our primary accounts receivables are due from third-party gift card sales, vendor rebates, restaurant sales made with credit cards and franchisees. Provisions for credit losses are recorded based on management’s judgment regarding our ability to collect as well as the age of the receivables. Accounts receivable are written off when they are deemed uncollectible. Inventories - Inventories consist of food, beverages and supplies and are valued at the lower of cost (using the first-in, first-out method) or net realizable value. Cloud-Based Computing Arrangements - The Company defers application development stage costs for cloud-based computing arrangements and amortizes those costs over the related service (subscription) agreement. The current and long term portion is included in Prepaid expenses and Other assets in the Consolidated Balance Sheets, respectively. 49 Table of Contents Footnote Index Fair Value Measurements - Fair value is the price that would be received to sell an asset or paid to transfer a liability, in an orderly transaction between market participants at the measurement date under market conditions. Fair value measurements are categorized in three levels based on the types of significant inputs used, as follows: Level 1 Quoted prices in active markets for identical assets or liabilities Level 2 Observable inputs available at measurement date other than quoted prices included in Level 1 Level 3 Unobservable inputs that cannot be corroborated by observable market data Property and Equipment - Property and equipment is recorded at cost and depreciated using the straight-line method over the lesser of the remaining term of the lease, including certain renewal options, or the estimated useful lives of the assets. Typical useful lives of our Buildings and leasehold improvements range from 5 to 20 years, and Furniture and equipment range from 3 to 7 years. Depreciation expenses related to property and equipment for the fiscal years ended June 24, 2026, June 25, 2025, and June 26, 2024, of $216.6 million, $204.3 million, and $167.9 million, respectively, were recorded in Depreciation and amortization in the Consolidated Statements of Comprehensive Income. Routine repair and maintenance costs are expensed when incurred. Major replacements and improvements are capitalized. We review the carrying amount of property and equipment whenever events or circumstances indicate that the carrying amount may not be recoverable. We have determined the restaurant level is the lowest level of identifiable cash flows. If the carrying amount is not recoverable, we record an impairment charge for the excess of the carrying amount over the fair value. We determine fair value based on discounted projected future operating cash flows of the restaurants over their remaining service life using a risk adjusted discount rate that is commensurate with the inherent risk that is considered a Level 3 fair value measurement. Impairment charges are included in Other (gains) and charges in the Consolidated Statements of Comprehensive Income. Refer to Note 3 - Fair Value Measurements for further information on impairment charges. Leases - We recognize lease liabilities and corresponding lease assets based on the present value of the lease payments using our incremental borrowing rate applicable to the lease term. Landlord contributions are recorded as an adjustment to the lease assets. The lease term commences on the date the lessor makes the underlying asset or assets available, irrespective of when lease payments begin under the contract. When determining the lease term at commencement, we consider both termination and renewal option periods available, and only include the period for which failure to renew the lease imposes a penalty on us in such an amount that renewal, or termination options, appear to be reasonably certain. The Company accounts for lease and non-lease components, for all leases, as a single lease component. The interest rates used in our lease contracts are not implicit. We derive our incremental borrowing rate using the interest rate we would pay on our existing borrowings, adjusted for the effect of designating collateral and the lease terms using market data as well as publicly available data for instruments with similar characteristics. The reasonably certain lease term and incremental borrowing rate for each lease requires judgment by management and can impact the classification and accounting for a lease as operating or finance, as well as the value of the lease asset and lease liability. We monitor for events or changes in circumstances that require reassessment of lease classification. When a reassessment results in the re-measurement of a lease liability, a corresponding adjustment is made to the carrying amount of the lease asset. Variable lease costs, consisting primarily of property taxes, maintenance expenses and contingent rent, are expensed as incurred in Restaurant expenses related to restaurant properties and General and administrative for our corporate headquarters in the Consolidated Statements of Comprehensive Income and are not included in lease liabilities in the Consolidated Balance Sheets. Contingent rent represents payment of variable lease obligations based on a percentage of sales, as defined by the terms of the applicable lease, for certain restaurant facilities and is recorded at the point in time we determine that it is probable that such sales levels will be achieved. Operating lease expenses are recognized on a straight-line basis over the lease term in Restaurant expenses for restaurant properties and General and administrative for our corporate headquarters, in the Consolidated Statements of Comprehensive Income. 50 Table of Contents Footnote Index Finance lease expenses are recognized on a straight-line basis over the lesser of the useful life of the leased asset or the lease term and the expenses are recognized in Depreciation and amortization in the Consolidated Statements of Comprehensive Income. Interest on each finance lease liability is recorded to Interest expenses in the Consolidated Statements of Comprehensive Income. Lease asset carrying amounts are assessed for impairment annually or when events or circumstances indicate that the carrying amount may not be recoverable, in accordance with our long-lived asset impairment policy. Impairment charges are included in Other (gains) and charges in the Consolidated Statements of Comprehensive Income. Refer to Note 3 - Fair Value Measurements for further information on impairment charges. Definite-Lived Intangible Assets - Definite-lived intangible assets primarily include the reacquired franchise rights resulting from acquisitions and are included in Intangibles, net in the Consolidated Balance Sheets. These assets are amortized using the straight-line method over the remaining term of the related franchise agreement. We determine the fair value of reacquired franchise rights based on discounted projected future operating cash flows of the restaurants associated with these franchise rights. We review the carrying amount annually or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. If the carrying amount is not recoverable, we record an impairment charge for the excess of the carrying amount over the fair value. Impairment charges are included in Other (gains) and charges in the Consolidated Statements of Comprehensive Income. Indefinite-Lived Intangible Assets - The costs of obtaining non-transferable liquor licenses from local government agencies are expensed over the specified term of the license to Restaurant expenses in the Consolidated Statements of Comprehensive Income. The costs of purchasing transferable liquor licenses through open markets in jurisdictions with a limited number of authorized liquor licenses are capitalized as indefinite-lived intangible assets and included in Intangibles, net in the Consolidated Balance Sheets. Transferable liquor licenses are tested for impairment annually or more frequently if events or circumstances indicate that the asset might be impaired. Impairment charges are recognized based on the excess of carrying value over fair value. We determine fair value based on prices in the open market for licenses in same or similar jurisdictions. Impairment charges are included in Other (gains) and charges in the Consolidated Statements of Comprehensive Income. Goodwill - Goodwill represents the excess of the purchase price over the fair value of net assets acquired in business combinations and is assigned to the reporting unit in which the acquired business will operate for purposes of impairment testing. Goodwill is tested for impairment annually, during the second quarter of each fiscal year, or more frequently if events or changes in circumstances indicate that the asset might be impaired. Our two restaurant brands, Chili’s and Maggiano’s, are both operating segments and reporting units. We may elect to perform a qualitative assessment to determine whether it is more likely than not that a reporting unit is impaired. If the qualitative assessment is not performed or if we determine that it is not more likely than not that the fair value of the reporting unit exceeds the carrying value, the fair value of the reporting unit is calculated. The carrying value of the reporting unit is compared to its estimated fair value, and if the carrying value of a reporting unit exceeds its fair value, goodwill is written down to its implied fair value. During fiscal 2026, fiscal 2025 and fiscal 2024, we performed our annual goodwill impairment analysis using a qualitative approach to determine whether indicators of impairment exist. Related to the qualitative assessment, we evaluated factors including our market capitalization, as well as the market capitalization of other companies in the restaurant industry, sales at our restaurants and significant adverse changes in the operating environment for the restaurant industry. Based on these factors, no indicators of impairment were identified during our annual analysis performed in the second quarters of fiscal 2026, fiscal 2025 and fiscal 2024. Additionally, no indicators of impairment were identified through the end of each fiscal year. Insurance Reserves - We are self-insured for certain losses related to health, general liability and workers’ compensation claims. We maintain stop loss coverage with third-party insurers to limit our total exposure. The self-insurance liability represents an estimate of the ultimate cost of claims incurred and unpaid as of the balance sheet date. The estimated liability is not discounted and is established based upon analysis of historical data and actuarial estimates and is reviewed on a quarterly basis to confirm that the liability is appropriate. The estimated incurred but 51 Table of Contents Footnote Index unreported costs to settle unpaid claims are included in Other accrued liabilities and Other liabilities, depending on their current or long-term nature, in the Consolidated Balance Sheets. Preferred Stock - Our Board of Directors is authorized to provide for the issuance of 1.0 million preferred shares with a par value of $1.00 per share, in one or more series, and to fix the voting rights, liquidation preferences, dividend rates, conversion rights, redemption rights, and terms, including sinking fund provisions, and certain other rights and preferences. As of June 24, 2026, no preferred shares were issued. Revenues - Revenues are presented in the Company sales and Franchise revenues captions in the Consolidated Statements of Comprehensive Income. Company Sales - Company sales include revenues generated by the operation of Company-owned restaurants including food and beverage sales, net of discounts, delivery, gift card breakage, digital entertainment revenues, merchandise income, Maggiano’s banquet service charge income, and are net of gift card discount costs from third-party gift card sales. We record revenues from the sale of food, beverages and alcohol, net of discounts, upon delivery to the customer. Sales taxes assessed by a governmental authority that are both imposed on and concurrent with specific revenue transactions and collected from a customer have been excluded from revenues. Gift card breakage represents the monetary value associated with outstanding gift card balances that will not be redeemed. We estimate this amount based on our historical gift card redemption patterns and actuarial estimates, update the breakage rate estimate periodically and if necessary, adjust the deferred revenues balance within the Gift card liability in the Consolidated Balance Sheets. Breakage revenues are recognized proportionate to the pattern of related gift card redemptions. We do not charge dormancy fees, or any other fees related to monitoring or administering the gift card program to cardholders. Additionally, proceeds from the sale of gift cards are recorded as deferred revenues in the Gift card liability in the Consolidated Balance Sheets and recognized as Company sales when the gift card is redeemed by the holder. Our gift cards are sold through various outlets such as in-restaurant, Chili’s and Maggiano’s websites, directly to other businesses and through third-party distributors that sell our gift cards at retail locations. We incur incremental direct costs, such as commissions and activation fees, for gift cards sold by third-party businesses and distributors. These gift card discount costs are deferred and amortized against revenues proportionate to the pattern of related gift card redemptions. Franchise Revenues - Franchise revenues include royalties, franchise advertising fees, franchise and development fees, and other service fees. Franchise royalties are based on a percentage of the sales generated by our franchise-operated restaurants. The performance obligation related to franchise sales is considered complete upon the sale of food, beverages and alcohol, therefore royalty revenues are recognized in the same period the sales are generated at the franchise-operated restaurants. Franchise advertising fees are revenues that our domestic franchisees are contractually obligated to contribute into certain marketing funds. Franchise and development fees are received from franchises for new restaurant openings and for territory development arrangements. The performance obligation related to these arrangements are collectively deferred as a contract liability and recognized on a straight-line basis into Franchise revenues in the Consolidated Statements of Comprehensive Income over the term of the underlying agreements. Advertising Expenses - Advertising production costs are expensed in the period when the advertising first takes place. Other advertising costs are expensed as incurred. In the fiscal years ended June 24, 2026, June 25, 2025 and June 26, 2024, advertising expenses of $163.6 million, $146.6 million and $130.2 million, respectively, were included in Restaurant expenses, and advertising contributions from franchisees of $7.6 million, $6.5 million and $6.0 million, respectively, were recorded in Franchise revenues in the Consolidated Statements of Comprehensive Income. Income Taxes - Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary 52 Table of Contents Footnote Index differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. We record a liability for unrecognized tax benefits resulting from tax positions taken, or expected to be taken, in an income tax return that is not more-likely-than-not to be realized. We recognize any interest and penalties related to unrecognized tax benefits in Provision for income taxes in the Consolidated Statements of Comprehensive Income. Additionally, income taxes are computed on a consolidated legal jurisdiction basis with no regard to brand. Stock-Based Compensation - We measure and recognize compensation costs at fair value for all share-based payments. We recognize compensation expenses, net of forfeitures, using a graded-vesting schedule or on a straight-line basis, as applicable, over the vesting period, or the date on which retirement eligibility is achieved, if earlier. Certain employees are generally awarded performance shares and restricted stock units, while non-employee members of the Board of Directors are generally awarded restricted stock units. Awards granted to the Board of Directors are non-forfeitable and are fully expensed upon grant. Awards to eligible employees may vest over a specified period of time or service period and may also contain performance-based conditions. The fair values of restricted stock units that do not contain a performance condition are based on our closing stock price on the date of grant. Performance shares represent a right to receive shares of common stock upon satisfaction of Company performance goals as defined in the grant agreements. The fair value of our performance shares with a market-based metric, such as total shareholder return (“TSR”), is determined by a Monte Carlo simulation on the grant date. Refer to Note 11 - Stock-based Compensation for further information about the Monte Carlo simulation assumptions. Performance shares are expensed on a straight-line basis over the applicable vesting period. Our performance shares with vesting contingent only upon Company TSR performance were granted in fiscal 2025 and have a five year vesting period. Our performance shares with vesting contingent upon meeting Company performance goals based on earnings at the end of a three-fiscal-year vesting period also include a TSR component and are expensed over the vesting period based on management’s periodic estimates of the number of shares that will be earned under the Company earnings performance metric. A cumulative expenses adjustment is recognized when that estimate changes. Foreign Currency - Foreign currency translation adjustments represents the unrealized impact of translating the financial statements of our Canadian restaurants from their respective functional currency to United States dollars and are reported as a component of Comprehensive income and recorded in Accumulated other comprehensive loss on our Consolidated Balance Sheets. Net Income Per Share - Basic net income per share is computed by dividing Net income by the Basic weighted average shares outstanding for the reporting period. Diluted net income per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. For the calculation of Diluted net income per share, the Basic weighted average shares outstanding is increased by the dilutive effect of stock options and restricted share awards. Stock options and restricted share awards with an anti-dilutive effect are not included in the Diluted net income per share calculation. Basic weighted average shares outstanding are reconciled to Diluted weighted average shares outstanding as follows: June 24, 2026 June 25, 2025 June 26, 2024 Basic weighted average shares outstanding 43.6 44.6 44.4 Dilutive stock options — 0.1 0.1 Dilutive restricted shares 1.2 1.4 1.2 Total dilutive impact 1.2 1.5 1.3 Diluted weighted average shares outstanding 44.8 46.1 45.7 Awards excluded due to anti-dilutive effect — — 0.4 53 Table of Contents Footnote Index Recently Issued Accounting Standards As of June 24, 2026, we prospectively adopted Accounting Standards Update (“ASU”) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which enhances disclosures related to the effective tax reconciliation and income taxes paid. The adoption of ASU 2023-09 did not impact our results of operations, cash flow or financial condition. See Note 9 - Income Taxes for the related disclosures. In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires, for each relevant expense caption on the income statement, detailed disclosure amounts for purchases of inventory, employee compensation, depreciation, and intangible asset amortization. In addition, this ASU requires companies to include amounts already required by GAAP in the same disclosure, provide a qualitative description of remaining amounts not separately disaggregated, and disclose the amount of total selling expenses along with the companies’ definition of selling expenses. The amendment is effective for fiscal years beginning after December 15, 2026, which would require us to adopt the provisions in our fiscal 2028 Form 10-K. The amendments should be applied prospectively; however, retrospective application is permitted. Management is currently evaluating this ASU to determine its impact on our disclosures. 2. REVENUE RECOGNITION Deferred Franchise and Development Fees Our deferred franchise and development fees consist of the unrecognized fees received from franchisees. Recognition of these fees in subsequent periods is based on satisfaction of the contractual performance obligations of the active contracts with franchisees. We also expect to earn subsequent period royalties and advertising fees related to our franchise contracts; however, due to the variability and uncertainty of these future revenues based upon a sales-based measure, these future revenues are not yet estimable as the performance obligations remain unsatisfied. Deferred franchise and development fees are classified within Other accrued liabilities for the current portion expected to be recognized within the next 12 months and Other liabilities for the long-term portion in the Consolidated Balance Sheets. The following table reflects the changes in deferred franchise and development fees for the fiscal years ended on June 24, 2026 and June 25, 2025: June 24, 2026 June 25, 2025 Beginning balance $ 9.8 $ 9.7 Additions 0.9 1.5 Amount recognized to Franchise revenues (1.8) (1.4) Ending balance $ 8.9 $ 9.8 The following table illustrates franchise and development fees expected to be recognized in the future related to performance obligations that were unsatisfied or partially unsatisfied as of June 24, 2026: Fiscal Year Franchise and Development Fees Revenue Recognition 2027 $ 0.8 2028 0.7 2029 0.7 2030 0.6 2031 0.5 Thereafter 5.6 $ 8.9 54 Table of Contents Footnote Index Deferred Gift Card Revenues Total deferred revenues related to our gift cards include the full value of unredeemed gift card balances less recognized breakage and the unamortized portion of third-party fees. The following table reflects the changes in the Gift card liability for fiscal years ended on June 24, 2026 and June 25, 2025: June 24, 2026 June 25, 2025 Beginning balance $ 57.2 $ 64.8 Gift card sales 127.4 122.8 Gift card redemptions recognized to Company sales (121.3) (120.4) Gift card breakage recognized to Company sales (10.3) (10.0) Other (0.2) — Ending balance $ 52.8 $ 57.2 3. FAIR VALUE MEASUREMENTS Financial Instruments The fair values of cash and cash equivalents, accounts receivable and accounts payable approximate their carrying amounts because of the short maturity of these items. The carrying amount of long-term debt outstanding related to our revolving credit facility approximates fair value as the interest rate on this instrument approximates current market rates (Level 2). The fair value of our notes are based on observable bid prices and are considered Level 2 fair value measurements, and the carrying amount and the fair value are as follows: June 24, 2026 June 25, 2025 Carrying Amount Fair Value Carrying Amount Fair Value 8.25% notes $ 346.8 $ 364.9 $ 346.0 $ 372.3 Non-Financial Assets We review the carrying amounts of non-financial assets, primarily long-lived property and equipment, finance lease assets, operating lease assets, reacquired franchise rights, goodwill and transferable liquor licenses annually or when events or circumstances indicate that the fair value may not substantially exceed the carrying amount. We determined the fair values of property and equipment, including finance lease assets, operating lease assets and reacquired franchise rights are based on Level 3 fair value measurements. The fair values of transferable liquor licenses are based on prices in the open market for licenses in the same or similar jurisdictions and are categorized as Level 2. We record an impairment charge for the excess of the carrying amount over the fair value. During fiscal 2026, we recorded impairment charges primarily related to the long-lived assets of five underperforming Maggiano’s restaurants. During fiscal 2025, we impaired certain long-lived assets primarily related to 13 underperforming Chili’s restaurants. The table below presents the carrying values and related charges recorded on these impaired restaurants for the periods presented: Impairment Charges Pre-Impairment Carrying Value Fiscal Years Ended June 24, 2026 June 25, 2025 June 24, 2026 June 25, 2025 Property and equipment $ 6.5 $ 4.9 $ 5.7 $ 4.4 Reacquired franchise rights — 0.1 — 0.1 Operating lease assets 11.5 8.4 — — Total $ 18.0 $ 13.4 $ 5.7 $ 4.5 During fiscal 2026, we determined there was no impairment of transferable liquor licenses and in fiscal 2025 we impaired certain transferable liquor licenses with related charges of $0.1 million. 55 Table of Contents Footnote Index All impairment charges were included in Other (gains) and charges in the Consolidated Statements of Comprehensive Income for the periods presented. Refer to Note 13 - Other Gains and Charges for more information. 4. GOODWILL AND INTANGIBLES There have been no impairments of Goodwill for the fiscal years ended June 24, 2026, June 25, 2025 and June 26, 2024. The changes in the carrying amount of Goodwill by segment are as follows: June 24, 2026 June 25, 2025 Chili’s Maggiano’s Consolidated Chili’s Maggiano’s Consolidated Balance at beginning of year $ 156.3 $ 38.4 $ 194.7 $ 156.4 $ 38.4 $ 194.8 Changes in Goodwill: Foreign currency translation adjustment (0.2) — (0.2) (0.1) — (0.1) Balance at end of year $ 156.1 $ 38.4 $ 194.5 $ 156.3 $ 38.4 $ 194.7 Intangible assets, net are as follows: June 24, 2026 June 25, 2025 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Definite-lived intangible assets Chili’s reacquired franchise rights $ 25.9 $ (20.7) $ 5.2 $ 26.0 $ (18.6) $ 7.4 Chili’s other 0.4 (0.4) — 0.4 (0.4) — $ 26.3 $ (21.1) $ 5.2 $ 26.4 $ (19.0) $ 7.4 Indefinite-lived intangible assets Chili’s liquor licenses $ 9.3 $ 9.2 Maggiano’s liquor licenses 0.8 0.8 $ 10.1 $ 10.0 Amortization expenses for all definite-lived intangible assets were recorded in Depreciation and amortization in the Consolidated Statements of Comprehensive Income as follows: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Definite-lived intangibles amortization expense $ 2.1 $ 2.3 $ 3.0 Estimated annual amortization expenses for definite-lived intangible assets for the next five years are as follows: Fiscal Year Amortization Expense 2027 $ 1.9 2028 0.8 2029 0.5 2030 0.5 2031 0.4 56 Table of Contents Footnote Index 5. ACCRUED LIABILITIES Other accrued liabilities consist of the following: June 24, 2026 June 25, 2025 Insurance $ 52.0 $ 39.7 Property tax 27.0 25.2 Current installments of finance lease obligations 25.1 17.6 Sales tax 22.5 22.8 Interest 13.4 13.5 Utilities and services 11.4 10.5 Other 37.0 43.3 $ 188.4 $ 172.6 6. LEASES As of June 24, 2026, 1,104 of our 1,163 Company-owned restaurant facilities were leased. We typically lease our restaurant facilities through ground leases (where we lease land only, but construct the building and leasehold improvements) or retail leases (where we lease the land/retail space and building, but construct the leasehold improvements). As of June 24, 2026, the restaurant leases have cumulative renewal clauses of 3 to 40 years at our option. Our leased restaurants typically have an initial lease term of 10 to 20 years, with one or more renewal terms ranging from 3 to 10 years. The leases typically provide for a fixed rental or a fixed rental plus percentage rentals based on sales volume. In addition to our restaurant facilities, we also lease our corporate headquarters location and certain equipment. Our lease agreements do not contain any material residual value guarantees or material covenant restrictions. Consolidated Balance Sheet Disclosure of Lease Amounts The following table includes a detail of lease assets and liabilities included in the Consolidated Balance Sheets: June 24, 2026 FinanceLeases(1) OperatingLeases(2) Total Leases Lease assets $ 83.5 $ 1,205.9 $ 1,289.4 Current lease liabilities 25.1 116.9 142.0 Long-term lease liabilities 72.9 1,194.3 1,267.2 Total lease liabilities $ 98.0 $ 1,311.2 $ 1,409.2 June 25, 2025 FinanceLeases(1) OperatingLeases(2) Total Leases Lease assets $ 85.8 $ 1,149.1 $ 1,234.9 Current lease liabilities 17.6 114.6 132.2 Long-term lease liabilities 80.0 1,135.3 1,215.3 Total lease liabilities $ 97.6 $ 1,249.9 $ 1,347.5 (1)Finance lease assets are recorded in Property and equipment, at cost, and the related current and long-term lease liabilities are recorded within Other accrued liabilities and Long-term debt and finance leases, less current installments, respectively. (2)Operating lease assets are recorded in Operating lease assets and the related current and long-term lease liabilities are recorded within Operating lease liabilities and Long-term operating lease liabilities, less current portion, respectively. 57 Table of Contents Footnote Index Consolidated Statement of Comprehensive Income Disclosure of Lease Amounts The components of lease expenses, including variable lease costs primarily consisting of rent based on a percentage of sales, common area maintenance and real estate tax charges, and short-term lease expenses for leases with lease terms less than twelve months are included in the Consolidated Statements of Comprehensive Income as follows: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Operating lease cost $ 190.4 $ 183.9 $ 182.5 Finance lease amortization 26.4 25.6 14.0 Finance lease interest 6.3 6.2 4.2 Short-term lease cost 0.8 0.9 0.3 Variable lease cost 74.8 70.7 63.4 Sublease income (1.3) (1.5) (1.2) Total lease costs, net $ 297.4 $ 285.8 $ 263.2 Consolidated Statement of Cash Flows Disclosure of Lease Amounts Supplemental cash flow information related to leases recorded in the Consolidated Statements of Cash Flows is as follows: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Cash flows from operating activities Cash paid related to lease liabilities Operating leases $ 192.3 $ 189.4 $ 186.3 Finance leases 6.3 6.2 4.2 Cash flows from financing activities Cash paid related to lease liabilities Finance leases 24.1 25.6 20.1 Non-cash lease assets obtained in exchange for lease liabilities Operating leases 173.2 167.5 82.6 Finance leases 24.5 17.9 53.7 Weighted Average Lease Term and Discount Rate Other information related to leases is as follows: Fiscal Years Ended June 24, 2026 June 25, 2025 Finance Leases Operating Leases Finance Leases Operating Leases Weighted average remaining lease term 5.9 years 10.8 years 6.3 years 11.3 years Weighted average discount rate 5.7 % 6.2 % 5.9 % 6.1 % 58 Table of Contents Footnote Index Lease Maturity Analysis Finance leases and Operating leases total future lease payments represent the contractual obligations due under the lease agreements, including cancellable option periods where we are reasonably assured to exercise the options. As of June 24, 2026, the future minimum lease payments on finance and operating leases, as well as sublease income were as follows: June 24, 2026 Fiscal Year Finance Leases Operating Leases Sublease Income 2027 $ 29.9 $ 192.7 $ 0.8 2028 28.9 182.0 0.6 2029 13.9 174.6 0.5 2030 10.8 171.0 0.3 2031 8.3 166.8 0.3 Thereafter 24.0 939.0 0.4 Total future lease payments 115.8 1,826.1 $ 2.9 Less: Imputed interest 17.8 514.9 Present value of lease liability $ 98.0 $ 1,311.2 Pre-Commencement Leases In fiscal 2026, we executed 5 real estate leases for new Chili’s locations with undiscounted fixed payments of $10.8 million over the initial term. These leases will commence when the landlords make the property available to us for new restaurant construction. We will assess the reasonably certain lease term at the lease commencement date. 7. DEBT Long-term debt consists of the following: June 24, 2026 June 25, 2025 8.25% notes $ 350.0 $ 350.0 Revolving credit facility — — Finance lease obligations 98.0 97.6 Total long-term debt 448.0 447.6 Less: unamortized debt issuance costs (3.2) (4.0) Total long-term debt, less unamortized debt issuance costs 444.8 443.6 Less: current installments of finance lease obligations(1) (25.1) (17.6) Total long-term debt, less current portion $ 419.7 $ 426.0 (1)Current installments of finance lease obligations, for the periods presented, are recorded within Other accrued liabilities in the Consolidated Balance Sheets. Refer to Note 5 - Accrued Liabilities for further details. 59 Table of Contents Footnote Index Revolving Credit Facility The $1.0 billion revolving credit facility matures on May 1, 2030 and bears interest at a rate of SOFR plus an applicable margin of 1.25% to 2.00% and an undrawn commitment fee of 0.20% to 0.30%, both based on a function of our debt-to-cash-flow ratio. As of June 24, 2026, our interest rate was 4.90% consisting of SOFR of 3.65% plus the applicable margin of 1.25%. As of June 24, 2026, the revolving credit facility had $969.9 million available, net of a $30.1 million letter of credit pledged as collateral on insurance policies. Refer to Note 8 - Commitments and Contingencies for further information about our letters of credit. The revolving credit facility contains various financial covenants that, among other things, require the maintenance of certain leverage ratios. As of June 24, 2026, we were in compliance with our covenants pursuant to the $1.0 billion revolving credit facility. 8.25% Notes Our previously outstanding $350.0 million 8.25% notes were scheduled to become due July 15, 2030 (fiscal 2031), with semi-annual interest payments on January 15 and July 15. The notes became callable as of July 15, 2026 at the Company’s option, at a redemption price equal to 100.0% of the principal amount redeemed plus an applicable premium if redeemed prior to July 15, 2028, and accrued and unpaid interest. On June 16, 2026, we issued a notice of redemption for all of our outstanding 8.25% notes and subsequent to the end of the fiscal year, on July 15, 2026, the notes were redeemed at a redemption price equal to the sum of 104.125% of the principal amount plus accrued and unpaid interest for a total cash outflow of $378.9 million. The payoff was funded with borrowings from the revolving credit facility. 8. COMMITMENTS AND CONTINGENCIES Lease Commitments and Guarantees We have, in certain cases, divested brands or sold restaurants to franchisees and have not been released from lease guarantees for the related restaurants. As of June 24, 2026 and June 25, 2025, we have outstanding lease guarantees or are secondarily liable for $7.5 million and $11.9 million, respectively. These amounts represent the estimated future rent payments under the leases, but outstanding rent payments can exist outside of our knowledge as a result of the landlord and tenant relationship being between two third parties. These leases have been assigned to the buyers and expire at the end of the respective lease terms, which range from fiscal 2027 through fiscal 2035. In the event of default under a lease by an owner of a divested brand, the indemnity and default clauses in our agreements with such third parties and applicable laws govern our ability to pursue and recover amounts we may pay on behalf of such third parties. We have received notices of default and have been named a party in lawsuits pertaining to some of these leases in circumstances where the current lessee did not pay its rent obligations. We recorded no charge related to these leases and lawsuits in fiscal 2026 and recorded charges of $1.7 million and $0.8 million in fiscal 2025 and fiscal 2024 respectively, which are included in Other (gains) and charges in the Consolidated Statements of Comprehensive Income. We will continue to closely monitor our exposure. Letters of Credit We provide letters of credit to various insurers to collateralize obligations for outstanding claims. As of June 24, 2026, we had $34.1 million in undrawn standby letters of credit outstanding. All standby letters of credit are renewable within the next 14 months. Legal Proceedings Evaluating contingencies related to litigation is a process involving judgment on the potential outcome of future events, and the ultimate resolution of litigated claims may differ from our current analysis. Accordingly, we review the adequacy of accruals and disclosures pertaining to litigated matters each quarter in consultation with legal 60 Table of Contents Footnote Index counsel and we assess the probability and range of possible losses associated with contingencies for potential accrual in the Consolidated Financial Statements. We are engaged in various legal proceedings and have certain unresolved claims pending. Liabilities have been established based on our best estimates of our potential liability in certain of these matters. Based upon consultation with legal counsel, management is of the opinion that there are no matters pending or threatened which are expected to have a material adverse effect, individually or in the aggregate, on the consolidated financial condition or results of operations. 9. INCOME TAXES Income before income taxes consists of the following: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Domestic $ 579.2 $ 457.8 $ 161.8 Foreign 1.7 2.2 3.1 Income before income taxes $ 580.9 $ 460.0 $ 164.9 The Provision for income taxes and effective tax rate consists of the following: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Current income tax expenses: Federal $ 30.4 $ 33.2 $ 17.5 State 31.2 30.6 12.3 Foreign — 0.6 0.4 Total current income tax expenses 61.6 64.4 30.2 Deferred income tax expenses (benefit): Federal 31.2 15.2 (18.2) State 0.7 (2.6) (2.5) Foreign 0.4 (0.1) 0.1 Total deferred income tax expenses (benefit) 32.3 12.5 (20.6) Provision for income taxes $ 93.9 $ 76.9 $ 9.6 Effective tax rate 16.2 % 16.7 % 5.8 % 61 Table of Contents Footnote Index A reconciliation between the reported Provision for income taxes and the amount computed by applying the statutory Federal income tax rate of 21.0% to Income before income taxes, for fiscal years 2026, 2025, and 2024, is as follows: Fiscal Year Ended June 24, 2026 Amount Percentage U.S federal statutory rate $ 122.0 21.0 % Domestic federal Tax credits FICA (57.8) (10.0) % Other (5.0) (0.9) % Nontaxable or nondeductible items Executive compensation 18.8 3.2 % Deductions related to tax credits 12.3 2.1 % Other 0.7 0.1 % Change in valuation allowance (3.8) (0.6) % Cross-border tax laws (1.6) (0.2) % Excess tax benefits on share-based payments, before nondeductible items (21.3) (3.7) % Domestic state and local income tax, net of Federal benefit(1) 24.8 4.3 % Foreign tax effects 4.5 0.8 % Worldwide change in unrecognized tax benefits 0.3 0.1 % Effective tax rate $ 93.9 16.2 % (1)State taxes in California, Florida, Illinois, Texas, New Jersey, and New York made up the majority (greater than 50%) of the tax effect in this category. Fiscal Years Ended June 25, 2025 June 26, 2024 Income tax expense at statutory rate $ 96.6 $ 34.6 FICA and other tax credits (41.2) (34.2) State income taxes, net of Federal benefit 22.1 7.7 Officers' compensation 7.7 3.7 Stock based compensation tax shortfall (windfall) (7.5) (1.2) Other (0.8) (1.0) Provision for income taxes $ 76.9 $ 9.6 Income taxes paid, net by jurisdiction for fiscal 2026 is as follows: Fiscal Year Ended June 24, 2026 Federal $ 28.8 State California 5.6 Other 27.1 Foreign 4.5 Income taxes paid, net $ 66.0 62 Table of Contents Footnote Index Deferred Tax and Allowances The income tax effects of temporary differences that give rise to significant portions of deferred income tax assets and liabilities are as follows: June 24, 2026 June 25, 2025 Deferred income tax assets: Lease liabilities $ 553.8 $ 510.0 Gift cards 6.3 7.3 Insurance reserves 26.6 21.3 Stock-based compensation 9.1 13.1 Federal credit carryover 5.6 26.7 Employee benefit plans 0.2 0.1 Net operating losses 2.8 3.7 State credit carryover — 0.2 Restructure charges and impairments 1.6 3.8 Depreciation and capitalized interest on property and equipment 18.4 31.3 Other, net 11.7 13.9 Less: Valuation allowance (1.6) (6.3) Total deferred income tax assets 634.5 625.1 Deferred income tax liabilities: Lease assets 524.3 482.2 Goodwill and other amortization 23.6 23.0 Prepaid expenses 17.0 17.9 Other, net 0.5 0.6 Total deferred income tax liabilities 565.4 523.7 Deferred income taxes, net $ 69.1 $ 101.4 As of June 24, 2026, we have deferred tax assets of $3.5 million reflecting the benefit of state loss carryforwards, before federal benefit and valuation allowance, which expire at various dates between 2027 and 2046. We have deferred tax assets of $5.6 million of federal tax credits, which expire in 2046. The recognized deferred tax asset, net of valuation allowance and federal benefit, for the state loss carryforwards is $1.2 million. There is no valuation allowance on the federal credit carryover and $4.0 million is limited by Section 382 of the Internal Revenue Code. The valuation allowance is $1.6 million at the end of fiscal 2026 to recognize certain deductions and state loss carryforwards management believes are more-likely-than-not to not be realized. In assessing whether a deferred tax asset will be realized, we consider the likelihood of the realization, and the reversal of existing taxable temporary differences, projected future taxable income and tax planning strategies in making this assessment. Based upon the level of historical taxable income and projections for future taxable income, as of June 24, 2026, we believe it is more-likely-than-not that we will realize the benefits of the deferred tax assets, net of the existing valuation allowances. Unrecognized Tax Benefits A reconciliation of unrecognized tax benefits are as follows: June 24, 2026 June 25, 2025 Balance at beginning of year $ 2.7 $ 2.9 Additions based on tax positions related to the current year 0.6 0.5 Expiration of statute of limitations (0.2) (0.7) Balance at end of year $ 3.1 $ 2.7 63 Table of Contents Footnote Index The total amount of unrecognized tax benefits, excluding interest and penalties, which would affect income tax expenses if resolved in our favor was $2.5 million and $2.2 million as of June 24, 2026 and June 25, 2025, respectively. We do not expect any material changes to our liability for uncertain tax positions in the next 12 months. We recognize accrued interest and penalties related to unrecognized tax benefits in Provision for income taxes in the Consolidated Statements of Comprehensive Income. As of June 24, 2026, we had $0.4 million ($0.5 million net of a $0.1 million Federal deferred tax benefit) of interest and penalties accrued, compared to $0.3 million ($0.4 million net of a $0.1 million Federal deferred tax benefit) as of June 25, 2025. Our income tax returns are subject to examination by taxing authorities in the jurisdictions in which we operate. The periods subject to examination for our Canadian return are fiscal 2024 to fiscal 2025. State income tax returns are generally subject to examination for a period of three to five years from date return is filed. We have various state income tax returns in the process of examination or settlements. Our federal returns for fiscal 2026 to fiscal 2027 are under examination through the Internal Revenue Service: Bridge Plus program. There are no unrecorded liabilities associated with these examinations. 10. SHAREHOLDERS’ EQUITY Share Repurchases Our share repurchase program is used to return capital to shareholders and to minimize the dilution to our shares outstanding that results from equity compensation grants. We evaluate potential share repurchases under our plan based on several factors, including our cash position, share price, operational liquidity, proceeds from divestitures, borrowings and planned investment and financing needs. Repurchased shares are reflected as an increase in Treasury stock within Shareholders’ equity in the Consolidated Balance Sheets. During the first quarter of fiscal 2026, our Board of Directors authorized an additional $400.0 million under our existing share repurchase program. Share repurchases under our share repurchase program and share repurchases from team members to satisfy tax withholding obligations are as follows: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Number of Shares Amount Number of Shares Amount Number of Shares Amount Share repurchase program(1) 2.9 $ 400.0 1.0 $ 76.0 0.7 $ 21.0 Repurchases from team members to satisfy tax withholding obligations(2) 0.3 43.7 0.2 14.2 0.1 4.8 (1)The excise tax associated with excess share repurchases during fiscal 2026 was $3.1 million and does not reduce the amount of authorized repurchases remaining under the share repurchase program. (2)These withheld shares of common stock are not considered common stock repurchases under our authorized common stock repurchase program. As of June 24, 2026, we had $107.0 million of authorized repurchases remaining under the share repurchase program. Subsequent to end of the fiscal year, we repurchased an additional 0.4 million shares of our common stock for $75.0 million, reducing the amount available for share repurchases to $32.0 million. On August 10, 2026, our Board of Directors approved an increase in authorized share repurchases, bringing the total to $750.0 million. 11. STOCK-BASED COMPENSATION Our stockholder-approved stock-based compensation plans include the 2024 Stock Option and Incentive Plan (the “2024 Plan”) for employees, the 1998 Stock Option and Incentive Plan (as amended, the “1998 Plan”) for employees, and the 1999 Stock Option and Incentive Plan for Non-Employee Directors and Consultants (the “Non-Employee Plan” and collectively, the “Plans”). In November 2024, our stockholders approved the 2024 Plan and 64 Table of Contents Footnote Index authorized approximately 3.5 million shares of our common stock for issuance under the 2024 Plan. The 2024 Plan replaced the 1998 Plan, and no further awards will be granted under the 1998 Plan. Our Non-Employee Plan remains in effect. The Plans provide for grants of options to purchase our common stock, performance shares, restricted stock, restricted stock units, and stock appreciation rights. Additionally, grants to eligible employees may vest over a specified period of time or service period, or may contain performance-based conditions. As of June 24, 2026, the total number of shares available for issuance pursuant to future awards under the Plans was 3.4 million shares. Presented below is total stock-based compensation expenses, and the related total income tax benefit recognized in the Consolidated Statements of Comprehensive Income: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Stock-based compensation expenses $ 32.2 $ 31.4 $ 25.9 Tax benefit related to stock-based compensation expenses 3.7 4.1 4.3 Restricted Share Awards In fiscal 2026, fiscal 2025, and fiscal 2024, eligible employees under the Plans were granted performance shares whose vesting is contingent upon meeting Company performance goals based on our earnings at the end of a three-fiscal-year period. The number of shares that will vest varies depending on the amount of earnings achieved as compared to the target amount. The grants also include a provision that will increase or decrease the number of shares to be vested if Brinker’s TSR ranking compared to the peer group falls in the top 25% or bottom 25%, respectively. The number of shares that can vest ranges from 0% of target to 200% of target. Expenses are recorded to General and administrative expenses on a straight-line basis over the vesting period, or to the date on which retirement eligibility is achieved, if shorter, based upon management’s periodic estimates of the number of shares that will be earned under the Company earnings performance metric. In November 2024, the Board of Directors approved the 2025 Executive Performance Share Retention Plan and the granting of performance shares to Kevin Hochman, our CEO and President of the Company and President of Chili’s Grill & Bar, and certain other executives of the Company at a total grant date fair value of $25.0 million. The number of shares that can vest ranges from 0% to 200% of the target number of performance shares granted based on Brinker’s TSR over a five-year period from September 26, 2024 through September 25, 2029, relative to the TSR of the peer group. There is a cap on the dollar value of performance shares that may be earned based on a multiple of the target number of performance shares and the Company’s stock price on the grant date. Additionally, vesting is generally contingent upon continuous service during the performance period. Expense is recorded to General and administrative expenses on a straight-line basis over the vesting period based on the fair value of the shares as determined by a Monte Carlo simulation on the grant date. The Monte Carlo simulation used a volatility assumption of 68.47% for Brinker stock, a risk-free interest rate of 4.22%, a dividend yield of 0%, and a term of 4.88 years which resulted in a fair value per share of $100.62. Restricted stock units granted to eligible employees under the Plans generally vest over a three-year period from the date of grant. Restricted stock units issued to eligible employees under our career equity plan generally vest upon each employee’s retirement from the Company. Expenses are recognized ratably over the vesting period, or to the date on which retirement eligibility is achieved, if shorter. Full or partial vesting of awards may occur upon a change in control (as defined in the Plans), or upon an employee’s death, disability or involuntary termination. Restricted stock units granted to non-employee directors under the Non-Employee Plan are non-forfeitable and are expensed upon grant. Non-employee directors’ awards have variable distribution dates ranging from one year after grant to two years following departure from the Board. 65 Table of Contents Footnote Index Restricted share award transactions, including unvested performance shares reflected at target, during fiscal 2026 were as follows (fair value per award in dollars): Number of Restricted Share Awards Weighted Average Grant Date Fair Value Per Award Restricted share awards outstanding at June 25, 2025 1.6 $ 52.14 Granted 0.2 155.49 Granted adjustment for performance achievement 0.2 28.16 Vested (0.8) 33.54 Forfeited (0.1) 62.83 Restricted share awards outstanding at June 24, 2026 1.1 $ 78.08 As of June 24, 2026, unrecognized compensation expenses related to unvested restricted share awards that are expected to vest totaled approximately $38.6 million and will be recognized over a weighted average period of 2.3 years. The fair value of shares that vested is as follows: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Fair value of restricted share awards vested $ 128.4 $ 46.1 $ 16.8 Stock Options No stock options were granted in fiscal 2026, fiscal 2025, or fiscal 2024, and all outstanding stock options as of the end of the last three fiscal years were fully vested and exercisable. As of June 24, 2026, outstanding stock options had an aggregate intrinsic value of $3.3 million and are expected to be exercised or expire no later than fiscal 2028. The intrinsic value and related tax benefit of options exercised is as follows: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Intrinsic value of options exercised $ 2.2 $ 10.8 $ 11.5 Tax benefit realized on options exercised 0.2 1.8 1.1 12. DEFINED CONTRIBUTION PLAN We sponsor a qualified defined contribution retirement plan. The plan covers all employees who have attained the age of 21 and have completed 90 days of eligible service. Eligible employees are allowed to contribute, subject to IRS limitations on total annual contributions, up to 50% of their base compensation and 75% of their eligible bonuses, as defined in the plan, to various investment funds. Effective January 1, 2026, the maximum contribution election for eligible bonus compensation was reduced from 100% to 75%. We match, in cash, what an employee contributes at a rate of 100% of the first 3% and 50% of the next 2% with immediate vesting. We contributed employer matching contributions in each fiscal year which is recorded to General and administrative in the Consolidated Statements of Comprehensive Income: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Employer contributions match expenses $ 17.2 $ 15.6 $ 13.6 66 Table of Contents Footnote Index 13. OTHER GAINS AND CHARGES Other (gains) and charges in the Consolidated Statements of Comprehensive Income consist of the following: Fiscal Years Ended June 24, 2026 June 25, 2025 June 26, 2024 Restaurant-level impairment charges $ 5.7 $ 4.6 $ 12.3 Litigation & claims, net 3.4 22.4 6.6 Restaurant closure asset write-offs and charges 2.7 4.1 10.1 Severance and other benefit charges 1.7 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, net 1.0 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. 67 Table of Contents Footnote Index 14. SEGMENT INFORMATION Our chief operating decision maker (“CODM”) is the President and Chief Executive Officer. Our CODM uses Operating income as the measure for assessing performance and allocating resources of our segments. Our operating segments are Chili’s and Maggiano’s. The Chili’s segment includes the results of our Company-owned Chili’s restaurants, which are principally located in the United States, within the full-service casual dining segment of the industry. The Chili’s segment also includes results of our Canadian Company-owned restaurants and royalties and other fees from our franchised locations in the United States, 28 other countries and two United States territories. The Maggiano’s segment includes the results of our Company-owned Maggiano’s restaurants in the United States as well as royalties and other fees from our domestic franchise business. Costs related to our restaurant support teams for the Chili’s and Maggiano’s brands, including operations, brand recruiting, finance, marketing, culinary innovation and franchise are included in the results of our operating segments. The Corporate segment includes unallocated costs such as information technology, human capital management, accounting, legal, purchasing, and restaurant development. Company sales for each operating segment include revenues generated by the operation of Company-owned restaurants including food and beverage sales, net of discounts, delivery, gift card breakage, digital entertainment revenues, merchandise income, Maggiano’s banquet service charge income, and are net of gift card discount costs from third-party gift card sales. Franchise revenues for each operating segment include royalties, franchise advertising fees, franchise and development fees, and other service fees. Operating income includes revenues and expenses directly attributable to segment-level results of operations. Restaurant expenses during the years presented primarily includes restaurant rent, repairs and maintenance, advertising, supplies, utilities, delivery fees, payment processing fees, franchise and property taxes, workers’ compensation and general liability insurance, to-go supplies, and supervision expenses. We do not rely on any major customers as a source of sales, and the customers and long-lived assets of our operating segments are predominantly located in the United States. There were no material transactions between our operating segments. The following tables reconcile our segment results to our consolidated results reported in accordance with GAAP: Fiscal Year Ended June 24, 2026 Chili’s Maggiano's Corporate Consolidated Company sales $ 5,297.0 $ 453.9 $ — $ 5,750.9 Franchise revenues 55.6 0.9 — 56.5 Total revenues 5,352.6 454.8 — 5,807.4 Food and beverage costs 1,373.5 114.1 — 1,487.6 Restaurant labor 1,662.0 148.2 — 1,810.2 Restaurant expenses 1,280.0 145.8 0.9 1,426.7 Depreciation and amortization 189.9 17.8 11.0 218.7 General and administrative 54.1 6.7 174.9 235.7 Other (gains) and charges 0.5 5.7 2.4 8.6 Total operating costs and expenses 4,560.0 438.3 189.2 5,187.5 Operating income (loss) 792.6 16.5 (189.2) 619.9 Interest expenses 5.3 — 35.2 40.5 Other income, net (0.3) — (1.2) (1.5) Income (loss) before income taxes $ 787.6 $ 16.5 $ (223.2) $ 580.9 Segment assets $ 2,204.9 $ 299.8 $ 310.3 $ 2,815.0 68 Table of Contents Footnote Index Fiscal Year Ended June 25, 2025 Chili's Maggiano's Corporate Consolidated Company sales $ 4,834.8 $ 500.5 $ — $ 5,335.3 Franchise revenues 48.1 0.8 — 48.9 Total revenues 4,882.9 501.3 — 5,384.2 Food and beverage costs 1,233.1 117.5 — 1,350.6 Restaurant labor 1,561.4 155.9 — 1,717.3 Restaurant expenses 1,187.8 145.3 0.8 1,333.9 Depreciation and amortization 182.5 14.6 9.5 206.6 General and administrative 50.4 9.7 161.9 222.0 Other (gains) and charges 23.7 (1.8) 19.9 41.8 Total operating costs and expenses 4,238.9 441.2 192.1 4,872.2 Operating income (loss) 644.0 60.1 (192.1) 512.0 Interest expenses 5.4 0.2 47.5 53.1 Other income, net (0.2) — (0.9) (1.1) Income (loss) before income taxes $ 638.8 $ 59.9 $ (238.7) $ 460.0 Segment assets $ 2,153.8 $ 256.4 $ 268.4 $ 2,678.6 Fiscal Year Ended June 26, 2024 Chili’s Maggiano's Corporate Consolidated Company sales $ 3,876.0 $ 495.1 $ — $ 4,371.1 Franchise revenues 43.3 0.7 — 44.0 Total revenues 3,919.3 495.8 — 4,415.1 Food and beverage costs 990.7 116.9 — 1,107.6 Restaurant labor 1,309.0 158.3 — 1,467.3 Restaurant expenses 1,073.2 139.2 0.5 1,212.9 Depreciation and amortization 147.7 13.1 10.0 170.8 General and administrative 42.8 10.2 130.7 183.7 Other (gains) and charges 26.9 0.6 15.7 43.2 Total operating costs and expenses 3,590.3 438.3 156.9 4,185.5 Operating income (loss) 329.0 57.5 (156.9) 229.6 Interest expenses 3.9 0.3 60.8 65.0 Other income, net 0.1 — (0.4) (0.3) Income (loss) before income taxes $ 325.0 $ 57.2 $ (217.3) $ 164.9 Segment assets $ 2,158.4 $ 259.1 $ 175.6 $ 2,593.1