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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 26, 2023
Revenues    
Restaurant sales, franchise and other revenues $ 1,195,327 $ 1,244,746
Costs and expenses    
Food and beverage 357,829 384,214
Labor and other related 343,202 341,542
Other restaurant operating 290,272 282,927
Depreciation and amortization 49,282 46,302
General and administrative 66,776 65,804
Provision for impaired assets and restaurant closings 10,873 3,324
Total costs and expenses 1,118,234 1,124,113
Income from operations 77,093 120,633
Loss on extinguishment of debt (135,797) 0
Interest expense, net (13,616) (12,444)
(Loss) income before provision for income taxes (72,320) 108,189
Provision for income taxes 9,970 14,761
Net (loss) income (82,290) 93,428
Less: net income attributable to noncontrolling interests 1,582 2,117
Net (loss) income attributable to Bloomin’ Brands (83,872) 91,311
Other comprehensive (loss) income:    
Foreign currency translation adjustment (1,931) (1,134)
Net gain on derivatives, net of tax 1,157 0
Comprehensive (loss) income (83,064) 92,294
Less: comprehensive income attributable to noncontrolling interests 1,582 2,117
Comprehensive (loss) income attributable to Bloomin’ Brands $ (84,646) $ 90,177
(Loss) earnings per share:    
Basic (in USD per share) $ (0.96) $ 1.02
Diluted (in USD per share) $ (0.96) $ 0.93
Weighted average common shares outstanding:    
Basic (in shares) 87,024 89,116
Diluted (in shares) 87,024 98,011
Restaurant sales    
Revenues    
Restaurant sales, franchise and other revenues $ 1,179,487 $ 1,228,234
Franchise and other revenues    
Revenues    
Restaurant sales, franchise and other revenues $ 15,840 $ 16,512