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Earnings Per Share (Tables) | 12 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Schedule of earnings per share, basic and diluted | The following table presents the computation of basic and diluted earnings per share for the periods indicated:
| FISCAL YEAR
(in thousands, except per share data) | 2023 |  | 2022 |  | 2021
Net income attributable to Bloomin’ Brands | $ | 247,386 |  |  | $ | 101,907 |  |  | $ | 215,555 |
Convertible senior notes if-converted method interest adjustment, net of tax (1) | — |  |  | — |  |  | 345 |
Diluted net income attributable to Bloomin’ Brands | $ | 247,386 |  |  | $ | 101,907 |  |  | $ | 215,900 |
Basic weighted average common shares outstanding | 87,230 |  |  | 88,846 |  |  | 88,981 |
Effect of dilutive securities: |  |  |  |  |
Stock options | 381 |  |  | 261 |  |  | 779 |
Nonvested restricted stock units | 203 |  |  | 182 |  |  | 355 |
Nonvested performance-based share units | 183 |  |  | 180 |  |  | 61 |
Convertible senior notes (1)(2) | 5,067 |  |  | 6,089 |  |  | 11,377 |
Warrants (2) | 3,389 |  |  | 2,954 |  |  | 6,250 |
Diluted weighted average common shares outstanding | 96,453 |  |  | 98,512 |  |  | 107,803 |
Basic earnings per share | $ | 2.84 |  |  | $ | 1.15 |  |  | $ | 2.42 |
Diluted earnings per share | $ | 2.56 |  |  | $ | 1.03 |  |  | $ | 2.00 |
________________ (1)Adjustment for interest related to the 2025 Notes weighted for the portion of the period prior to the Company’s election under the 2025 Notes indenture to settle the principal portion of the 2025 Notes in cash. Effective with the Company’s election, there will be no further numerator adjustments for interest or denominator adjustments for shares required to settle the principal portion. (2)During 2022, the Company repurchased $125.0 million of the 2025 Notes and settled the corresponding portion of the related warrants. See Note 13 - Convertible Senior Notes for additional details.
Schedule of antidilutive securities excluded from computation of earnings per share | Share-based compensation-related weighted average securities outstanding not included in the computation of earnings per share because their effect was antidilutive were as follows for the periods indicated:
| FISCAL YEAR |  |
(shares in thousands) | 2023 |  | 2022 |  | 2021 |  |
Stock options | 521 |  |  | 1,849 |  |  | 751 |  |  |
Nonvested restricted stock units | 35 |  |  | 192 |  |  | 128 |  |  |
Nonvested performance-based share units | 368 |  |  | 461 |  |  | 377 |  |  |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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