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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Revenues    
Restaurant sales, franchise and other revenues $ 1,008,337 $ 1,128,131
Costs and expenses    
Cost of sales 319,693 352,111
Labor and other related 309,269 319,015
Other restaurant operating 246,555 250,854
Depreciation and amortization 48,268 49,482
General and administrative 84,802 70,589
Provision for impaired assets and restaurant closings 41,318 3,586
Total costs and expenses 1,049,905 1,045,637
(Loss) income from operations (41,568) 82,494
Other expense, net (793) (168)
Interest expense, net (11,708) (11,181)
(Loss) income before (benefit) provision for income taxes (54,069) 71,145
(Benefit) provision for income taxes (19,655) 5,496
Net (loss) income (34,414) 65,649
Less: net income attributable to noncontrolling interests 197 1,349
Net (loss) income attributable to Bloomin’ Brands (34,611) 64,300
Redemption of preferred stock in excess of carrying value (3,496) 0
Net (loss) income attributable to common stockholders (38,107) 64,300
Other comprehensive (loss) income:    
Foreign currency translation adjustment (7,961) 5,755
Unrealized loss on derivatives, net of tax (13,336) (4,381)
Reclassification of adjustment for loss (gain) on derivatives included in Net (loss) income, net of tax 1,396 (364)
Comprehensive (loss) income (54,315) 66,659
Less: comprehensive (loss) income attributable to noncontrolling interests (467) 1,257
Comprehensive (loss) income attributable to Bloomin’ Brands $ (53,848) $ 65,402
(Loss) earnings per share attributable to common stockholders:    
Basic (loss) earnings per share $ (0.44) $ 0.70
Diluted (loss) earnings per share $ (0.44) $ 0.69
Weighted average common shares outstanding:    
Basic (shares) 87,129 91,415
Diluted (shares) 87,129 92,661
Restaurant sales [Member]    
Revenues    
Restaurant sales, franchise and other revenues $ 996,237 $ 1,111,642
Franchise and other revenues [Member]    
Revenues    
Restaurant sales, franchise and other revenues $ 12,100 $ 16,489