XML 75 R53.htm IDEA: XBRL DOCUMENT v3.24.0.1

Commitments and Contingencies (Table)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of future minimum expected insurance payments

As of December 31, 2023, the future undiscounted payments the Company expects for workers’ compensation, general liability and health insurance claims are as follows:

(dollars in thousands)
2024			$	19,689
2025			11,105
2026			7,546
2027			4,154
2028			2,285
Thereafter			7,715
			$	52,494

Schedule of liability for unpaid claims and claims adjustment expense

The following is a reconciliation of the expected aggregate undiscounted reserves to the discounted reserves for insurance claims recognized on the Company’s Consolidated Balance Sheets as of the periods indicated:

(dollars in thousands)			DECEMBER 31, 2023						DECEMBER 25, 2022
Undiscounted reserves			$	52,494					$	55,364
Discount (1)			(6,568)						(6,299)
Discounted reserves			$	45,926					$	49,065
Discounted reserves recognized on the Company’s Consolidated Balance Sheets:
Accrued and other current liabilities			$	19,310					$	20,932
Other long-term liabilities, net			26,616						28,133
			$	45,926					$	49,065

____________________

(1)     Discount rates of 5.13% and 4.47% were used for December 31, 2023 and December 25, 2022, respectively.

X

- Definition

Schedule of future minimum expected insurance payments.

+ References

No definition available.

+ Details

Name:	blmn_ScheduleOfFutureMinimumExpectedInsurancePaymentsTableTextBlock
Namespace Prefix:	blmn_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the activity in the reserve for settling insured claims and expenses incurred in the claims settlement process for the period. The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claim adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480081/944-40-50-3

+ Details

Name:	us-gaap_ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration