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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 30, 2025
Revenue Recognition and Deferred Revenue [Abstract] |
Disaggregation of revenue | The following table includes the disaggregation of Restaurant sales and franchise revenues by restaurant concept and segment for the periods indicated:
| THIRTEEN WEEKS ENDED
| MARCH 30, 2025 |  | MARCH 31, 2024
(dollars in thousands) | RESTAURANT SALES |  | FRANCHISE REVENUES |  | RESTAURANT SALES |  | FRANCHISE REVENUES
U.S. |  |  |  |  |  |  |
Outback Steakhouse | $ | 597,481 |  |  | $ | 8,169 |  |  | $ | 603,613 |  |  | $ | 8,320 |
Carrabba’s Italian Grill | 184,330 |  |  | 662 |  |  | 184,429 |  |  | 736 |
Bonefish Grill | 135,991 |  |  | 104 |  |  | 144,503 |  |  | 160 |
Fleming’s Prime Steakhouse & Wine Bar | 102,328 |  |  | — |  |  | 96,162 |  |  | — |
Other | — |  |  | — |  |  | 2,189 |  |  | 38 |
U.S. total | 1,020,130 |  |  | 8,935 |  |  | 1,030,896 |  |  | 9,254 |
International Franchise (1) | — |  |  | 9,283 |  |  | — |  |  | 10,112 |
Other (2) | 9,387 |  |  | 22 |  |  | 15,794 |  |  | — |
Total | $ | 1,029,517 |  |  | $ | 18,240 |  |  | $ | 1,046,690 |  |  | $ | 19,366 |
________________ (1)The thirteen weeks ended March 30, 2025 include intercompany royalties from Brazil prior to the sale and royalties from Brazil after the sale. (2)Includes Restaurant sales for Company-owned restaurants in Hong Kong and China.
Contract with customers, asset and liability | 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) | MARCH 30, 2025 |  | DECEMBER 29, 2024 |  |  |  |
Other current assets, net |  |  |  |  |  |  |  |  |
Deferred gift card sales commissions | $ | 13,127 |  |  | $ | 16,935 |  |  |  |  |  |  |
Unearned revenue |  |  |  |  |  |  |  |  |
Deferred gift card revenue | $ | 308,738 |  |  | $ | 366,059 |  |  |  |  |  |  |
Deferred loyalty revenue | 6,599 |  |  | 6,073 |  |  |  |  |  |  |
Deferred franchise fees - current | 492 |  |  | 490 |  |  |  |  |  |  |
Other | 1,842 |  |  | 1,477 |  |  |  |  |  |  |
Total Unearned revenue | $ | 317,671 |  |  | $ | 374,099 |  |  |  |  |  |  |
Other long-term liabilities, net |  |  |  |  |  |  |  |  |
Deferred franchise fees - non-current | $ | 4,010 |  |  | $ | 3,901 |  |  |  |  |  |  |
The following table is a rollforward of deferred gift card sales commissions for the periods indicated:
|  |  | THIRTEEN WEEKS ENDED
(dollars in thousands) |  |  |  |  | MARCH 30, 2025 |  | MARCH 31, 2024
Balance, beginning of the period |  |  |  |  | $ | 16,935 |  |  | $ | 18,081 |
Deferred gift card sales commissions amortization |  |  |  |  | (6,897) |  |  | (7,498) |
Deferred gift card sales commissions capitalization |  |  |  |  | 3,973 |  |  | 3,914 |
Other |  |  |  |  | (884) |  |  | (977) |
Balance, end of the period |  |  |  |  | $ | 13,127 |  |  | $ | 13,520 |
The following table is a rollforward of unearned gift card revenue for the periods indicated:
|  |  | THIRTEEN WEEKS ENDED
(dollars in thousands) |  |  |  |  | MARCH 30, 2025 |  | MARCH 31, 2024
Balance, beginning of the period |  |  |  |  | $ | 366,059 |  |  | $ | 372,551 |
Gift card sales |  |  |  |  | 46,526 |  |  | 45,161 |
Gift card redemptions |  |  |  |  | (97,594) |  |  | (101,016) |
Gift card breakage |  |  |  |  | (6,253) |  |  | (6,062) |
Balance, end of the period |  |  |  |  | $ | 308,738 |  |  | $ | 310,634 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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