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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 SHAREAMOUNT
First fiscal quarter863 $23.92 $20,645 
Second fiscal quarter619 $25.11 15,539 
Third fiscal quarter590 $27.03 15,956 
Fourth fiscal quarter735 $24.29 17,860 
Total common stock repurchases (1)2,807 $24.93 $70,000 
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(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 SHAREAMOUNT
FISCAL YEARFISCAL YEAR
(dollars in thousands, except per share data)2023202220232022
First fiscal quarter$0.24 $0.14 $21,014 $12,559 
Second fiscal quarter0.24 0.14 20,990 12,418 
Third fiscal quarter0.24 0.14 20,901 12,475 
Fourth fiscal quarter0.24 0.14 20,837 12,284 
Total cash dividends declared and paid$0.96 $0.56 $83,742 $49,736 
Schedule of accumulated other comprehensive loss Following are the components of AOCL as of the periods indicated:
(dollars in thousands)DECEMBER 31, 2023DECEMBER 25, 2022
Foreign currency translation adjustment$(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)202320222021
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 
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(1)See Note 16 - Derivative Instruments and Hedging Activities for the tax impact of reclassifications and the terminated swaps.