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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Dec. 25, 2022
Revenues      
Restaurant sales, franchise and other revenues $ 3,950,475 $ 4,168,160 $ 4,009,250
Costs and expenses      
Food and beverage 1,147,859 1,240,485 1,237,418
Labor and other related 1,202,520 1,219,839 1,141,626
Other restaurant operating 1,001,034 988,668 955,328
Depreciation and amortization 175,580 169,266 149,900
General and administrative 219,383 233,559 212,932
Provision for impaired assets and restaurant closings 64,291 33,574 5,964
Total costs and expenses 3,810,667 3,885,391 3,703,168
Income from operations 139,808 282,769 306,082
Loss on extinguishment of debt (136,022) 0 (107,630)
Loss on fair value adjustment of derivatives, net 0 0 (17,685)
Interest expense, net (62,593) (51,582) (53,364)
(Loss) income before (benefit) provision for income taxes (58,807) 231,187 127,403
(Benefit) provision for income taxes (12,134) 18,402 34,253
Net (loss) income from continuing operations (46,673) 212,785 93,150
Net (loss) income from discontinued operations, net of tax (75,982) 41,629 16,053
Net (loss) income (122,655) 254,414 109,203
Less: net income attributable to noncontrolling interests 5,363 7,028 7,296
Net (loss) income attributable to Bloomin’ Brands (128,018) 247,386 101,907
Other comprehensive (loss) income:      
Foreign currency translation, net of reclassification adjustments (34,483) 7,622 10,169
Net (loss) gain on derivatives, net of tax (6) (615) 10,509
Comprehensive (loss) income (157,144) 261,421 129,881
Less: comprehensive income attributable to noncontrolling interests 5,363 7,028 7,296
Comprehensive (loss) income attributable to Bloomin’ Brands $ (162,507) $ 254,393 $ 122,585
Basic (loss) earnings per share:      
Continuing operations basic (loss) earnings per share (in USD per share) $ (0.61) $ 2.36 $ 0.97
Discontinued operations basic (loss) earnings per share (in USD per share) (0.88) 0.48 0.18
Net basic (loss) earnings per share (in USD per share) (1.49) 2.84 1.15
Diluted (loss) earnings per share:      
Continuing operations diluted (loss) earnings per share (in USD per share) (0.61) 2.13 0.87
Discontinued operations diluted (loss) earnings per share (in USD per share) (0.88) 0.43 0.16
Net diluted (loss) earnings per share (in USD per share) $ (1.49) $ 2.56 $ 1.03
Weighted average common shares outstanding:      
Basic (shares) 85,905 87,230 88,846
Diluted (shares) 85,905 96,453 98,512
Cash dividends declared per common share $ 0.96 $ 0.96 $ 0.56
Restaurant sales      
Revenues      
Restaurant sales, franchise and other revenues $ 3,866,344 $ 4,077,789 $ 3,923,894
Franchise and other revenues      
Revenues      
Restaurant sales, franchise and other revenues $ 84,131 $ 90,371 $ 85,356