XML 27 R11.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings (Loss) Per Share
 9 Months Ended
Sep. 29, 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 ENDEDTHIRTY-NINE WEEKS ENDED
(in thousands, except per share data)SEPTEMBER 29, 2024SEPTEMBER 24, 2023SEPTEMBER 29, 2024SEPTEMBER 24, 2023
Net income (loss) attributable to Bloomin’ Brands
$6,912 $44,528 $(48,557)$204,116 
Basic weighted average common shares outstanding85,063 88,707 86,258 88,794 
Effect of dilutive securities:
Stock-based compensation awards84 674 — 719 
Convertible senior notes (1)744 5,367 — 5,067 
Warrants (1)273 3,800 — 3,407 
Diluted weighted average common shares outstanding86,164 98,548 86,258 97,987 
Basic earnings (loss) per share$0.08 $0.50 $(0.56)$2.30 
Diluted earnings (loss) per share$0.08 $0.45 $(0.56)$2.08 
Antidilutive stock-based compensation awards2,155 373 1,541 951 
________________
(1)During the thirty-nine weeks ended September 29, 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”).