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Revenue Recognition (Tables)
3 Months Ended
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, 2025MARCH 31, 2024
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$597,481 $8,169 $603,613 $8,320 
Carrabba’s Italian Grill184,330 662 184,429 736 
Bonefish Grill135,991 104 144,503 160 
Fleming’s Prime Steakhouse & Wine Bar102,328 — 96,162 — 
Other— — 2,189 38 
U.S. total1,020,130 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, 2025DECEMBER 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 revenue6,599 6,073 
Deferred franchise fees - current492 490 
Other1,842 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, 2025MARCH 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 capitalization3,973 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, 2025MARCH 31, 2024
Balance, beginning of the period$366,059 $372,551 
Gift card sales46,526 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