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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2024
Equity, Attributable to Parent [Abstract]  
Schedule of repurchases of common stock Following is a summary of the shares repurchased during fiscal year 2024:
(in thousands, except per share data)NUMBER OF SHARES AVERAGE REPURCHASE PRICE PER SHAREAMOUNT
First fiscal quarter (1)6,948 $27.13 $188,500 
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(1)Excludes $0.4 million of fees recorded in Additional paid-in capital related to repurchases under the ASR Agreement. Also excludes $44.0 million paid in March 2024 for the repurchase of 1.4 million shares that settled on April 23, 2024 in connection with the ASR Agreement.
Dividends declared and paid The Company declared and paid dividends per share during fiscal year 2024 as follows:
(dollars in thousands, except per share data)DIVIDENDS PER SHAREAMOUNT
First fiscal quarter$0.24 $21,075 
Schedule of accumulated other comprehensive loss Following are the components of AOCL as of the periods indicated:
(dollars in thousands)MARCH 31, 2024DECEMBER 31, 2023
Foreign currency translation adjustment$(179,620)$(177,689)
Unrealized gain (loss) on derivatives, net of tax542 (615)
Accumulated other comprehensive loss$(179,078)$(178,304)
Other comprehensive loss
Following are the components of Other comprehensive loss attributable to Bloomin’ Brands for the periods indicated:
THIRTEEN WEEKS ENDED
(dollars in thousands)MARCH 31, 2024MARCH 26, 2023
Foreign currency translation adjustment$(1,931)$(1,134)
Change in fair value of derivatives, net of tax1,435 — 
Reclassification realized in Net (loss) income, net of tax(278)— 
Gain on derivatives, net of tax1,157 — 
Other comprehensive loss attributable to Bloomin’ Brands$(774)$(1,134)