XML 69 R47.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Stockholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Stockholders' Equity Note [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 SHARE |  | AMOUNT
First fiscal quarter | 863 |  |  |  |  |  |  | $ | 23.92 |  |  |  |  |  |  | $ | 20,645 |  |  |  |  |
Second fiscal quarter | 619 |  |  |  |  |  |  | $ | 25.11 |  |  |  |  |  |  | 15,539 |  |  |  |  |
Third fiscal quarter | 590 |  |  |  |  |  |  | $ | 27.03 |  |  |  |  |  |  | 15,956 |  |  |  |  |
Fourth fiscal quarter | 735 |  |  |  |  |  |  | $ | 24.29 |  |  |  |  |  |  | 17,860 |  |  |  |  |
Total common stock repurchases (1) | 2,807 |  |  |  |  |  |  | $ | 24.93 |  |  |  |  |  |  | $ | 70,000 |  |  |  |  |
________________ (1)Excludes $0.1 million of excise tax on share repurchases. Subsequent to December 31, 2023, the Company repurchased 473 thousand shares of its common stock for $12.5 million under the 2023 Share Repurchase Program under a Rule 10b5-1 plan.
Dividends declared and paid | The Company declared and paid dividends per share during the periods presented as follows:
| DIVIDENDS PER SHARE |  | AMOUNT
| FISCAL YEAR |  | FISCAL YEAR
(dollars in thousands, except per share data) | 2023 |  |  |  | 2022 |  | 2023 |  |  |  | 2022
First fiscal quarter | $ | 0.24 |  |  |  |  | $ | 0.14 |  |  | $ | 21,014 |  |  |  |  | $ | 12,559 |
Second fiscal quarter | 0.24 |  |  |  |  | 0.14 |  |  | 20,990 |  |  |  |  | 12,418 |
Third fiscal quarter | 0.24 |  |  |  |  | 0.14 |  |  | 20,901 |  |  |  |  | 12,475 |
Fourth fiscal quarter | 0.24 |  |  |  |  | 0.14 |  |  | 20,837 |  |  |  |  | 12,284 |
Total cash dividends declared and paid | $ | 0.96 |  |  |  |  | $ | 0.56 |  |  | $ | 83,742 |  |  |  |  | $ | 49,736 |
Schedule of accumulated other comprehensive loss | Following are the components of AOCL as of the periods indicated:
(dollars in thousands) | DECEMBER 31, 2023 |  | DECEMBER 25, 2022
Foreign currency translation adjustment | $ | (177,689) |  |  | $ | (185,311) |
Unrealized loss on derivatives, net of tax | (615) |  |  | — |
Accumulated other comprehensive loss | $ | (178,304) |  |  | $ | (185,311) |
Other comprehensive income | Following are the components of Other comprehensive income attributable to Bloomin’ Brands for the periods indicated:
| FISCAL YEAR
(dollars in thousands) | 2023 |  | 2022 |  | 2021
Foreign currency translation adjustment | $ | 7,622 |  |  | $ | 10,169 |  |  | $ | (6,597) |
Change in fair value of derivatives, net of tax | (606) |  |  | 573 |  |  | 86 |
Reclassification realized in Net income, net of tax (1) | (9) |  |  | 954 |  |  | 7,392 |
Impact of terminated interest rate swaps included in Net income, net of tax (1) | — |  |  | 8,982 |  |  | 4,576 |
(Loss) gain on derivatives, net of tax | (615) |  |  | 10,509 |  |  | 12,054 |
Other comprehensive income attributable to Bloomin’ Brands | $ | 7,007 |  |  | $ | 20,678 |  |  | $ | 5,457 |
________________ (1)See Note 16 - Derivative Instruments and Hedging Activities for the tax impact of reclassifications and the terminated swaps.

X
- Definition Tabular disclosure related to repurchases of common stock under a share repurchase program. + References No definition available. + Details
Name: | blmn_ScheduleOfRepurchasesOfCommonStockTableTextBlock
Namespace Prefix: | blmn_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration