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Revenue Recognition
9 Months Ended
Sep. 29, 2024
Revenue Recognition and Deferred Revenue [Abstract]  
Revenue Recognition Revenue Recognition
The following tables include the disaggregation of Restaurant sales and franchise revenues by restaurant concept and major international market for the periods indicated:
THIRTEEN WEEKS ENDED
SEPTEMBER 29, 2024SEPTEMBER 24, 2023
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$518,152 $7,542 $526,960 $7,517 
Carrabba’s Italian Grill159,840 635 165,742 704 
Bonefish Grill118,941 97 128,425 87 
Fleming’s Prime Steakhouse & Wine Bar78,424 — 76,919 — 
Other1,695 30 3,092 16 
U.S. total877,052 8,304 901,138 8,324 
International
Outback Steakhouse - Brazil127,175 — 138,187 — 
Other (1)20,863 3,331 25,088 3,496 
International total148,038 3,331 163,275 3,496 
Total$1,025,090 $11,635 $1,064,413 $11,820 
THIRTY-NINE WEEKS ENDED
SEPTEMBER 29, 2024SEPTEMBER 24, 2023
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$1,684,669 $23,938 $1,732,132 $24,280 
Carrabba’s Italian Grill518,845 2,123 530,450 2,257 
Bonefish Grill397,723 385 429,572 353 
Fleming’s Prime Steakhouse & Wine Bar262,976 — 272,543 — 
Other5,823 86 10,448 41 
U.S. total2,870,036 26,532 2,975,145 26,931 
International
Outback Steakhouse - Brazil370,369 — 379,498 — 
Other (1)67,737 10,029 75,334 10,980 
International total438,106 10,029 454,832 10,980 
Total$3,308,142 $36,561 $3,429,977 $37,911 
________________
(1)Includes Restaurant sales for Company-owned Outback Steakhouse restaurants outside of Brazil and Abbraccio restaurants in Brazil. Franchise revenues primarily include revenues from franchised Outback Steakhouse restaurants.
The following table includes a detail of assets and liabilities from contracts with customers included on the Company’s Consolidated Balance Sheets as of the periods indicated:
(dollars in thousands)SEPTEMBER 29, 2024DECEMBER 31, 2023
Other current assets, net
Deferred gift card sales commissions$11,137 $18,081 
Unearned revenue
Deferred gift card revenue$283,810 $374,274 
Deferred loyalty revenue6,633 5,664 
Deferred franchise fees - current491 473 
Other2,563 1,466 
Total Unearned revenue$293,497 $381,877 
Other long-term liabilities, net
Deferred franchise fees - non-current$3,939 $4,036 

The following table is a rollforward of deferred gift card sales commissions for the periods indicated:
THIRTEEN WEEKS ENDEDTHIRTY-NINE WEEKS ENDED
(dollars in thousands)SEPTEMBER 29, 2024SEPTEMBER 24, 2023SEPTEMBER 29, 2024SEPTEMBER 24, 2023
Balance, beginning of the period$12,650 $12,694 $18,081 $17,755 
Deferred gift card sales commissions amortization(4,494)(4,711)(17,155)(17,891)
Deferred gift card sales commissions capitalization3,570 3,766 12,426 13,509 
Other(589)(608)(2,215)(2,232)
Balance, end of the period$11,137 $11,141 $11,137 $11,141 

The following table is a rollforward of unearned gift card revenue for the periods indicated:
THIRTEEN WEEKS ENDEDTHIRTY-NINE WEEKS ENDED
(dollars in thousands)SEPTEMBER 29, 2024SEPTEMBER 24, 2023SEPTEMBER 29, 2024SEPTEMBER 24, 2023
Balance, beginning of the period$300,590 $304,942 $374,274 $386,495 
Gift card sales42,541 44,374 148,486 162,717 
Gift card redemptions(55,733)(60,412)(225,057)(248,870)
Gift card breakage(3,588)(3,641)(13,893)(15,079)
Balance, end of the period$283,810 $285,263 $283,810 $285,263