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Segment Reporting | 9 Months Ended
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Sep. 24, 2023
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The following is a summary of reporting segments:
REPORTABLE SEGMENT (1) |  | CONCEPT |  | GEOGRAPHIC LOCATION
U.S. |  | Outback Steakhouse |  | United States of America
| Carrabba’s Italian Grill |
| Bonefish Grill |
| Fleming’s Prime Steakhouse & Wine Bar |
International |  | Outback Steakhouse |  | Brazil, Hong Kong/China
| Carrabba’s Italian Grill (Abbraccio) |  | Brazil
_________________ (1)Includes franchise locations. Segment accounting policies are the same as those described in Note 2 - Summary of Significant Accounting Policies in the Company’s Annual Report on Form 10-K for the year ended December 25, 2022. Revenues for all segments include only transactions with customers and exclude intersegment revenues. Excluded from Income from operations for U.S. and international are certain legal and corporate costs not directly related to the performance of the segments, most stock-based compensation expenses, a portion of insurance expenses and certain bonus expenses. The following table is a summary of revenues by segment for the periods indicated:
| THIRTEEN WEEKS ENDED |  | THIRTY-NINE WEEKS ENDED
(dollars in thousands) | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022 |  | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022
Revenues |  |  |  |  |  |  |
U.S. | $ | 912,972 |  |  | $ | 922,521 |  |  | $ | 3,011,197 |  |  | $ | 2,957,555 |
International | 166,861 |  |  | 133,242 |  |  | 466,076 |  |  | 363,905 |
Total revenues | $ | 1,079,833 |  |  | $ | 1,055,763 |  |  | $ | 3,477,273 |  |  | $ | 3,321,460 |
The following table is a summary of Depreciation and amortization expense by segment for the periods indicated:
| THIRTEEN WEEKS ENDED |  | THIRTY-NINE WEEKS ENDED
(dollars in thousands) | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022 |  | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022
Depreciation and amortization |  |  |  |  |  |  |
U.S. | $ | 39,829 |  |  | $ | 34,432 |  |  | $ | 117,367 |  |  | $ | 102,735 |
International | 6,231 |  |  | 5,882 |  |  | 18,276 |  |  | 17,438 |
Corporate | 1,938 |  |  | 1,857 |  |  | 6,222 |  |  | 5,030 |
Total depreciation and amortization | $ | 47,998 |  |  | $ | 42,171 |  |  | $ | 141,865 |  |  | $ | 125,203 |
The following table is a reconciliation of segment income from operations to Income before (benefit) provision for income taxes for the periods indicated:
| THIRTEEN WEEKS ENDED |  | THIRTY-NINE WEEKS ENDED
(dollars in thousands) | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022 |  | SEPTEMBER 24, 2023 |  | SEPTEMBER 25, 2022
Segment income from operations |  |  |  |  |  |  |
U.S. | $ | 68,014 |  |  | $ | 68,501 |  |  | $ | 304,265 |  |  | $ | 305,347 |
International | 22,034 |  |  | 15,849 |  |  | 67,028 |  |  | 38,859 |
Total segment income from operations | 90,048 |  |  | 84,350 |  |  | 371,293 |  |  | 344,206 |
Unallocated corporate operating expense | (31,832) |  |  | (33,041) |  |  | (102,998) |  |  | (97,922) |
Total income from operations | 58,216 |  |  | 51,309 |  |  | 268,295 |  |  | 246,284 |
Loss on extinguishment and modification of debt | — |  |  | — |  |  | — |  |  | (107,630) |
Loss on fair value adjustment of derivatives, net | — |  |  | — |  |  | — |  |  | (17,685) |
Interest expense, net | (12,843) |  |  | (12,696) |  |  | (38,248) |  |  | (38,877) |
Income before (benefit) provision for income taxes | $ | 45,373 |  |  | $ | 38,613 |  |  | $ | 230,047 |  |  | $ | 82,092 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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