XML 98 R76.htm IDEA: XBRL DOCUMENT v3.24.0.1
Earnings Per Share (Basic and Diluted EPS - Table) (Details) - USD ($)
$ / shares in Units, shares in Thousands
 12 Months Ended
May 25, 2022
Dec. 31, 2023
Dec. 25, 2022
Dec. 26, 2021
Schedule of Earnings Per Share, Basic and Diluted [Line Items]        
Net income attributable to Bloomin’ Brands   $ 247,386,000 $ 101,907,000 $ 215,555,000
Convertible senior notes if-converted method interest adjustment, net of tax   0 0 345,000 [1]
Diluted net income attributable to Bloomin’ Brands   $ 247,386,000 $ 101,907,000 $ 215,900,000
Basic weighted average common shares outstanding   87,230 88,846 88,981
Effect of dilutive securities:        
Convertible senior notes   5,067 6,089 [2] 11,377 [1]
Warrants   3,389 2,954 [2] 6,250
Diluted weighted average common shares outstanding   96,453 98,512 107,803
Basic earnings per share (in USD per share)   $ 2.84 $ 1.15 $ 2.42
Diluted earnings per share (in USD per share)   $ 2.56 $ 1.03 $ 2.00
2025 Notes | Convertible debt        
Effect of dilutive securities:        
2025 Notes repurchase amount $ 125,000,000   $ 125,000,000  
Stock options        
Effect of dilutive securities:        
Dilutive shares   381 261 779
Nonvested restricted stock units        
Effect of dilutive securities:        
Dilutive shares   203 182 355
Nonvested performance-based share units        
Effect of dilutive securities:        
Dilutive shares   183 180 61
[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.