Earnings Per Share (Tables)

6 Months Ended

Jul. 01, 2018

Earnings Per Share [Abstract]

Schedule of earnings per share, basic and diluted

The following table presents the computation of basic and diluted earnings per share:

	THIRTEEN WEEKS ENDED				TWENTY-SIX WEEKS ENDED
	JULY 1, 2018		JUNE 25, 2017		JULY 1, 2018		JUNE 25, 2017
(in thousands, except per share data)			(Restated) (1)				(Restated) (1)
Net income attributable to Bloomin’ Brands	$	26,721	$	35,133	$	92,119	$	83,758
Basic weighted average common shares outstanding	92,120		98,852		92,194		100,963
Effect of diluted securities:
Stock options	1,861		3,128		2,406		3,030
Nonvested restricted stock and restricted stock units	380		433		452		394
Nonvested performance-based share units	—		8		20		30
Diluted weighted average common shares outstanding	94,361		102,421		95,072		104,417
Basic earnings per share	$	0.29	$	0.36	$	1.00	$	0.83
Diluted earnings per share	$	0.28	$	0.34	$	0.97	$	0.80

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(1) See Note 1 - Description of the Business and Basis of Presentation for details of the Net income and Earnings per share impact of implementing ASU No. 2014-09.

Schedule of antidilutive securities excluded from computation of earnings per share

Dilutive securities outstanding not included in the computation of earnings per share because their effect was antidilutive were as follows:

	THIRTEEN WEEKS ENDED		TWENTY-SIX WEEKS ENDED
(shares in thousands)	JULY 1, 2018	JUNE 25, 2017	JULY 1, 2018	JUNE 25, 2017
Stock options	2,133	5,359	2,041	5,462
Nonvested restricted stock and restricted stock units	16	153	63	172
Nonvested performance-based share units	197	262	180	317