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Earnings (Loss) Per Share | 6 Months Ended
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Jun. 29, 2025
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | Earnings (Loss) Per Share The following table presents the computation of basic and diluted earnings (loss) per share for the periods indicated:
| THIRTEEN WEEKS ENDED |  | TWENTY-SIX WEEKS ENDED
(in thousands, except per share data) | JUNE 29, 2025 |  | JUNE 30, 2024 |  | JUNE 29, 2025 |  | JUNE 30, 2024
Net income (loss) attributable to Bloomin’ Brands | $ | 25,419 |  |  | $ | 28,403 |  |  | $ | 67,571 |  |  | $ | (55,469) |
Net income from discontinued operations, net of tax | 779 |  |  | 3,655 |  |  | 525 |  |  | 6,563 |
Net income (loss) attributable to Bloomin’ Brands from continuing operations | $ | 24,640 |  |  | $ | 24,748 |  |  | $ | 67,046 |  |  | $ | (62,032) |
Basic weighted average common shares outstanding | 85,041 |  |  | 86,688 |  |  | 84,971 |  |  | 86,856 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock-based compensation awards | 99 |  |  | 290 |  |  | 151 |  |  | — |
Convertible senior notes (1) | — |  |  | 1,005 |  |  | 13 |  |  | — |
Warrants (1) | — |  |  | 649 |  |  | — |  |  | — |
Diluted weighted average common shares outstanding | 85,140 |  |  | 88,632 |  |  | 85,135 |  |  | 86,856 |
Basic earnings (loss) per share: |  |  |  |  |  |  |
Continuing operations | $ | 0.29 |  |  | $ | 0.29 |  |  | $ | 0.79 |  |  | $ | (0.71) |
Discontinued operations | 0.01 |  |  | 0.04 |  |  | 0.01 |  |  | 0.08 |
Net basic earnings (loss) per share | $ | 0.30 |  |  | $ | 0.33 |  |  | $ | 0.80 |  |  | $ | (0.64) |
Diluted earnings (loss) per share: |  |  |  |  |  |  |
Continuing operations | $ | 0.29 |  |  | $ | 0.28 |  |  | $ | 0.79 |  |  | $ | (0.71) |
Discontinued operations | 0.01 |  |  | 0.04 |  |  | 0.01 |  |  | 0.08 |
Net diluted earnings (loss) per share | $ | 0.30 |  |  | $ | 0.32 |  |  | $ | 0.79 |  |  | $ | (0.64) |
Antidilutive stock-based compensation awards | 1,754 |  |  | 998 |  |  | 1,953 |  |  | 1,193 |
Antidilutive convertible senior notes and warrants (2) | 1,682 |  |  | — |  |  | 1,835 |  |  | 4,554 |
________________ (1)During the thirteen weeks ended June 29, 2025, the 2025 Notes matured and were settled in cash and the proportional warrants were terminated. See Note 9 - Convertible Senior Notes for additional details. (2)For the thirteen and twenty-six weeks ended June 29, 2025, the Company’s share price was lower than the conversion and strike price related to the 2025 Notes and related warrants, respectively, which resulted in antidilutive shares. For the twenty-six weeks ended June 30, 2024, as a result of the loss from continuing operations, securities are classified as antidilutive.

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