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Stockholders' Equity (Tables)
9 Months Ended
Sep. 24, 2023
Equity, Attributable to Parent [Abstract]  
Schedule of repurchases of common stock
Following is a summary of the shares repurchased during fiscal year 2023:
(in thousands, except per share data)NUMBER OF SHARES AVERAGE REPURCHASE PRICE PER SHAREAMOUNT
First fiscal quarter863 $23.92 $20,645 
Second fiscal quarter619 $25.11 15,539 
Third fiscal quarter590 $27.03 15,956 
Total common stock repurchases (1)2,072 $25.16 $52,140 
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(1)Excludes excise tax on share repurchases. Subsequent to September 24, 2023, the Company repurchased 365 thousand shares of its common stock for $8.6 million through October 31, 2023 under a Rule 10b5-1 plan.
Dividends declared and paid The Company declared and paid dividends per share during fiscal year 2023 as follows:
(dollars in thousands, except per share data)DIVIDENDS PER SHAREAMOUNT
First fiscal quarter$0.24 $21,014 
Second fiscal quarter0.24 20,990 
Third fiscal quarter0.24 20,901 
Total cash dividends declared and paid$0.72 $62,905 
Other comprehensive income (loss)
Following are the components of Other comprehensive income (loss) attributable to Bloomin’ Brands for the periods indicated:
THIRTEEN WEEKS ENDEDTHIRTY-NINE WEEKS ENDED
(dollars in thousands)SEPTEMBER 24, 2023SEPTEMBER 25, 2022SEPTEMBER 24, 2023SEPTEMBER 25, 2022
Foreign currency translation adjustment$3,103 $(13,041)$6,471 $10,182 
Unrealized gain on derivatives, net of tax— — — 573 
Reclassification of adjustments for loss on derivatives included in Net income, net of tax— — — 954 
Impact of terminated interest rate swaps included in Net income, net of tax— 2,255 — 7,440 
Total gain on derivatives, net of tax— 2,255 — 8,967 
Other comprehensive income (loss) attributable to Bloomin’ Brands$3,103 $(10,786)$6,471 $19,149