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Earnings Per Share
 12 Months Ended
Dec. 27, 2015
Earnings Per Share [Abstract]  
Earnings per share
Earnings Per Share

The Company computes basic earnings per share based on the weighted average number of common shares that were outstanding during the period. Diluted earnings per share includes the dilutive effect of common stock equivalents consisting of restricted stock, restricted stock units, performance-based share units and stock options, using the treasury stock method. Performance-based share units are considered dilutive when the related performance criterion has been met.

The following table presents the computation of basic and diluted earnings per share:
 
FISCAL YEAR
(in thousands, except per share amounts)
2015
 
2014
 
2013
Net income attributable to Bloomin’ Brands
$
127,327

 
$
91,090

 
$
208,367

 
 
 
 
 
 
Basic weighted average common shares outstanding
122,352

 
125,139

 
122,972

 
 
 
 
 
 
Effect of diluted securities:
 
 
 
 
 
Stock options
2,992

 
3,079

 
4,902

Nonvested restricted stock and restricted stock units
216

 
91

 
191

Nonvested performance-based share units
25

 
8

 
9

Diluted weighted average common shares outstanding
125,585

 
128,317

 
128,074

 
 
 
 
 
 
Basic earnings per share
$
1.04

 
$
0.73

 
$
1.69

Diluted earnings per share
$
1.01

 
$
0.71

 
$
1.63



Dilutive securities outstanding not included in the computation of earnings per share because their effect was antidilutive were as follows:
 
FISCAL YEAR
(shares in thousands)
2015
 
2014
 
2013
Stock options
2,670

 
3,090

 
1,348

Nonvested restricted stock and restricted stock units
27

 
206

 
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