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Selected Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 29, 2024
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Data (Unaudited) | Selected Quarterly Financial Data (Unaudited)
| 2024 FISCAL QUARTERS |  | FISCAL YEAR 2024
(dollars in thousands, except per share data) | FIRST (1) |  | SECOND (1) |  | THIRD (1) |  | FOURTH (1) |
Total revenues | $ | 1,069,073 |  |  | $ | 999,369 |  |  | $ | 910,013 |  |  | $ | 972,020 |  |  | $ | 3,950,475 |
Income from operations | 70,917 |  |  | 44,052 |  |  | 8,642 |  |  | 16,197 |  |  | 139,808 |
Net (loss) income from continuing operations | (85,198) |  |  | 25,976 |  |  | (36) |  |  | 12,585 |  |  | (46,673) |
Net (loss) income from continuing operations attributable to Bloomin’ Brands | (86,780) |  |  | 24,748 |  |  | (665) |  |  | 10,661 |  |  | (52,036) |
(Loss) earnings per share from continuing operations: |  |  |  |  |  |  |  |  |
Basic | $ | (1.00) |  |  | $ | 0.29 |  |  | $ | (0.01) |  |  | $ | 0.13 |  |  | $ | (0.61) |
Diluted | $ | (1.00) |  |  | $ | 0.28 |  |  | $ | (0.01) |  |  | $ | 0.12 |  |  | $ | (0.61) |
| 2023 FISCAL QUARTERS |  | FISCAL YEAR 2023
(dollars in thousands, except per share data) | FIRST |  | SECOND |  | THIRD |  | FOURTH (2) |
Total revenues | $ | 1,122,066 |  |  | $ | 1,032,755 |  |  | $ | 941,625 |  |  | $ | 1,071,714 |  |  | $ | 4,168,160 |
Income from operations | 107,132 |  |  | 78,741 |  |  | 47,296 |  |  | 49,600 |  |  | 282,769 |
Net income from continuing operations | 81,989 |  |  | 60,270 |  |  | 32,502 |  |  | 38,024 |  |  | 212,785 |
Net income from continuing attributable to Bloomin’ Brands | 79,872 |  |  | 58,545 |  |  | 31,599 |  |  | 35,741 |  |  | 205,757 |
Earnings per share from continuing operations: |  |  |  |  |  |  |  |  |
Basic | $ | 0.90 |  |  | $ | 0.66 |  |  | $ | 0.36 |  |  | $ | 0.41 |  |  | $ | 2.36 |
Diluted | $ | 0.81 |  |  | $ | 0.60 |  |  | $ | 0.32 |  |  | $ | 0.37 |  |  | $ | 2.13 |
____________________ (1)Income from operations in the first, second, third and fourth quarters include expense of $13.0 million, $16.2 million, $5.1 million and $30.6 million, respectively, primarily related to asset impairment, closure costs and severance in connection with the 2023 Restaurant Closures, the closure of nine Hong Kong restaurants and the Q4 2024 Restaurant Impairment. Net loss in the first quarter includes losses in connection with the Second 2025 Notes Partial Repurchase. (2)Total revenues includes $83.5 million for the 53rd week. Income from operations includes expense of $32.4 million, primarily related to asset impairments, closure costs and severance partially offset by lease remeasurement gains in connection with the 2023 Restaurant Closures. Includes $0.15 of additional diluted earnings per share from a 53 rd operating week.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 270 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/270/tableOfContent + Details
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