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Earnings (Loss) Per Share | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | Earnings (Loss) Per Share The following table presents the computation of basic and diluted earnings (loss) per share for the periods indicated:
| THIRTEEN WEEKS ENDED |  | TWENTY-SIX WEEKS ENDED
(in thousands, except per share data) | JUNE 30, 2024 |  | JUNE 25, 2023 |  | JUNE 30, 2024 |  | JUNE 25, 2023
Net income (loss) attributable to Bloomin’ Brands | $ | 28,403 |  |  | $ | 68,277 |  |  | $ | (55,469) |  |  | $ | 159,588 |
Basic weighted average common shares outstanding | 86,688 |  |  | 88,559 |  |  | 86,856 |  |  | 88,838 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock options | 204 |  |  | 395 |  |  | — |  |  | 398 |
Nonvested restricted stock units | 86 |  |  | 132 |  |  | — |  |  | 201 |
Nonvested performance-based share units | — |  |  | — |  |  | — |  |  | 143 |
Convertible senior notes (1) | 1,005 |  |  | 5,002 |  |  | — |  |  | 4,917 |
Warrants (1) | 649 |  |  | 3,313 |  |  | — |  |  | 3,209 |
Diluted weighted average common shares outstanding | 88,632 |  |  | 97,401 |  |  | 86,856 |  |  | 97,706 |
Basic earnings (loss) per share | $ | 0.33 |  |  | $ | 0.77 |  |  | $ | (0.64) |  |  | $ | 1.80 |
Diluted earnings (loss) per share | $ | 0.32 |  |  | $ | 0.70 |  |  | $ | (0.64) |  |  | $ | 1.63 |
________________ (1)During the twenty-six weeks ended June 30, 2024, the Company repurchased $83.6 million of the convertible notes due in 2025 and settled the corresponding portion of the related note hedges and warrants (the “2025 Notes Partial Repurchase”). Share-based compensation-related weighted average securities outstanding not included in the computation of earnings (loss) per share because their effect was antidilutive were as follows for the periods indicated:
| THIRTEEN WEEKS ENDED |  | TWENTY-SIX WEEKS ENDED |  |
(shares in thousands) | JUNE 30, 2024 |  | JUNE 25, 2023 |  | JUNE 30, 2024 |  | JUNE 25, 2023
Stock options | 324 |  |  | 689 |  |  | 451 |  |  | 707 |  |  |
Nonvested restricted stock units | 55 |  |  | 21 |  |  | 199 |  |  | 70 |  |  |
Nonvested performance-based share units | 619 |  |  | 581 |  |  | 543 |  |  | 463 |  |  |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
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