Revenue Recognition (Tables)

12 Months Ended

Dec. 29, 2019

Schedule of principal transactions, revenue

The following table includes the categories of revenue included in the Company’s Consolidated Statements of Operations and Comprehensive Income for the periods indicated:



	FISCAL YEAR
(dollars in thousands)	2019		2018		2017
Revenues
Restaurant sales	$	4,075,014	$	4,060,871	$	4,164,063
Franchise and other revenues
Franchise revenue	$	52,147	$	52,906	$	47,021
Other revenue	12,228		12,636		12,052
Total Franchise and other revenues	$	64,375	$	65,542	$	59,073
Total revenues	$	4,139,389	$	4,126,413	$	4,223,136

Disaggregation of revenue

The following table includes the disaggregation of Restaurant sales and Franchise revenue, by restaurant concept and major international market, for the periods indicated:



	FISCAL YEAR
	2019				2018				2017
(dollars in thousands)	RESTAURANT SALES		FRANCHISE REVENUE		RESTAURANT SALES		FRANCHISE REVENUE		RESTAURANT SALES		FRANCHISE REVENUE
U.S.
Outback Steakhouse (1)	$	2,135,776	$	38,614	$	2,098,696	$	40,422	$	2,141,506	$	34,978
Carrabba’s Italian Grill (1)	613,031		2,112		647,454		601		673,872		553
Bonefish Grill	574,004		787		578,139		833		600,717		925
Fleming’s Prime Steakhouse & Wine Bar	307,199		—		304,064		—		296,982		—
Other	4,658		—		5,845		—		589		—
U.S. total	$	3,634,668	$	41,513	$	3,634,198	$	41,856	$	3,713,666	$	36,456
International
Outback Steakhouse Brazil	$	355,837	$	—	$	348,394	$	—	$	377,158	$	—
Other (2)	84,509		10,634		78,279		11,050		73,239		10,565
International total	$	440,346	$	10,634	$	426,673	$	11,050	$	450,397	$	10,565
Total	$	4,075,014	$	52,147	$	4,060,871	$	52,906	$	4,164,063	$	47,021

____________________


(1)	In 2019, the Company sold 18 Carrabba’s Italian Grill restaurants. In 2017, the Company sold 53 Outback Steakhouse restaurants and one Carrabba’s Italian Grill restaurant. These restaurants are now operated as franchises.

(2)

Includes Restaurant sales for the Company’s Abbraccio concept in Brazil.

Contract with customer, 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)	DECEMBER 29, 2019		DECEMBER 30, 2018
Other current assets, net
Deferred gift card sales commissions	$	18,554	$	16,431

Unearned revenue
Deferred gift card revenue	$	358,757	$	333,794
Deferred loyalty revenue	10,034		8,424
Deferred franchise fees - current	491		490
Total Unearned revenue	$	369,282	$	342,708

Other long-term liabilities, net
Deferred franchise fees - non-current	$	4,599	$	4,531

Other current assets, net [Member]

Revenue Recognition [Line Items]

Contract with customer, asset and liability

The following table is a rollforward of deferred gift card sales commissions for the periods indicated:



	FISCAL YEAR
(dollars in thousands)	2019			2018			2017
Balance, beginning of period	$	16,431		$	16,231		$	15,584
Deferred gift card sales commissions amortization	(26,094		)	(27,227		)	(26,751		)
Deferred gift card sales commissions capitalization	29,894			28,980			29,412
Other	(1,677		)	(1,553		)	(2,014		)
Balance, end of period	$	18,554		$	16,431		$	16,231

Unearned revenue [Member]

Revenue Recognition [Line Items]

Contract with customer, asset and liability

The following table is a rollforward of unearned gift card revenue for the periods indicated:



	FISCAL YEAR
(dollars in thousands)	2019			2018			2017
Balance, beginning of period	$	333,794		$	323,628		$	331,803
Gift card sales	420,229			419,172			440,946
Gift card redemptions	(376,477		)	(388,954		)	(426,174		)
Gift card breakage	(18,789		)	(20,052		)	(22,947		)
Balance, end of period	$	358,757		$	333,794		$	323,628