Bloomin' Brands, Inc. Earnings Per Share Disclosure
| FISCAL YEAR | |||||||||||||||||
| (in thousands, except per share data) | 2025 | 2024 | 2023 | ||||||||||||||
Net income (loss) attributable to Bloomin’ Brands | $ | 8,237 | $ | (128,018) | $ | 247,386 | |||||||||||
(Loss) income from discontinued operations, net of tax | (537) | (75,982) | 41,629 | ||||||||||||||
| Net income (loss) attributable to Bloomin’ Brands from continuing operations | $ | 8,774 | $ | (52,036) | $ | 205,757 | |||||||||||
| Basic weighted average common shares outstanding | 85,062 | 85,905 | 87,230 | ||||||||||||||
| Effect of dilutive securities: | |||||||||||||||||
| Stock-based compensation awards | 238 | — | 767 | ||||||||||||||
| Convertible senior notes and warrants (1) | 7 | — | 8,456 | ||||||||||||||
| Diluted weighted average common shares outstanding | 85,307 | 85,905 | 96,453 | ||||||||||||||
| Basic earnings (loss) per share (2): | |||||||||||||||||
| Continuing operations | $ | 0.10 | $ | (0.61) | $ | 2.36 | |||||||||||
| Discontinued operations | (0.01) | (0.88) | 0.48 | ||||||||||||||
| Net basic earnings (loss) per share | $ | 0.10 | $ | (1.49) | $ | 2.84 | |||||||||||
| Diluted earnings (loss) per share (2): | |||||||||||||||||
| Continuing operations | $ | 0.10 | $ | (0.61) | $ | 2.13 | |||||||||||
| Discontinued operations | (0.01) | (0.88) | 0.43 | ||||||||||||||
| Net diluted earnings (loss) per share | $ | 0.10 | $ | (1.49) | $ | 2.56 | |||||||||||
| Antidilutive stock-based compensation awards | 1,672 | 1,706 | 924 | ||||||||||||||
| Antidilutive convertible senior notes and warrants | 917 | 3,146 | — | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Feb 26, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2020 | Feb 24, 2021 | |
| 2019 | Feb 26, 2020 | |
| 2018 | Feb 27, 2019 | |
| 2017 | Feb 28, 2018 | |
| 2016 | Feb 22, 2017 | |
| 2015 | Feb 24, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.