v3.26.1
Revenue Recognition (Tables)
 6 Months Ended
Jun. 28, 2026
Revenue Recognition and Deferred Revenue [Abstract]  
Schedule of Disaggregation of Revenue
The following tables include the disaggregation of Restaurant sales and franchise revenues by restaurant concept and reportable segment for the periods indicated:
THIRTEEN WEEKS ENDED
JUNE 28, 2026JUNE 29, 2025
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$576,278 $7,755 $571,897 $7,800 
Carrabba’s Italian Grill181,118 575 181,141 573 
Bonefish Grill133,087 72 126,671 89 
Fleming’s Prime Steakhouse & Wine Bar97,902 — 95,586 — 
U.S. total988,385 8,402 975,295 8,462 
International Franchise— 7,593 — 7,051 
Other (1)9,572 11 9,476 10 
Total$997,957 $16,006 $984,771 $15,523 
TWENTY-SIX WEEKS ENDED
JUNE 28, 2026JUNE 29, 2025
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$1,176,588 $15,764 $1,169,378 $15,969 
Carrabba’s Italian Grill365,605 1,162 365,471 1,235 
Bonefish Grill273,565 141 262,662 193 
Fleming’s Prime Steakhouse & Wine Bar204,818 — 197,914 — 
U.S. total2,020,576 17,067 1,995,425 17,397 
International Franchise (2)— 15,163 — 16,334 
Other (1)19,207 27 18,863 32 
Total$2,039,783 $32,257 $2,014,288 $33,763 
________________
(1)Includes Restaurant sales for Company-owned restaurants in Hong Kong.
(2)The twenty-six weeks ended June 29, 2025 includes one month of pre-Brazil Sale Transaction intercompany royalties.
Schedule of Contract With Customers, 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)JUNE 28, 2026DECEMBER 28, 2025
Other current assets, net
Deferred gift card sales commissions$12,919 $17,155 
Unearned revenue
Deferred gift card revenue$302,404 $370,439 
Deferred loyalty revenue5,557 5,695 
Deferred franchise fees - current538 544 
Other1,596 1,255 
Total Unearned revenue$310,095 $377,933 
Other long-term liabilities, net
Deferred franchise fees - non-current$4,387 $4,408 

The following table is a rollforward of deferred gift card sales commissions for the periods indicated:
THIRTEEN WEEKS ENDEDTWENTY-SIX WEEKS ENDED
(dollars in thousands)JUNE 28, 2026JUNE 29, 2025JUNE 28, 2026JUNE 29, 2025
Balance, beginning of the period$13,633 $13,127 $17,155 $16,935 
Deferred gift card sales commissions amortization(4,839)(4,870)(11,640)(11,767)
Deferred gift card sales commissions capitalization4,633 4,900 8,685 8,873 
Other(508)(603)(1,281)(1,487)
Balance, end of the period$12,919 $12,554 $12,919 $12,554 

The following table is a rollforward of unearned gift card revenue for the periods indicated:
THIRTEEN WEEKS ENDEDTWENTY-SIX WEEKS ENDED
(dollars in thousands)JUNE 28, 2026JUNE 29, 2025JUNE 28, 2026JUNE 29, 2025
Balance, beginning of the period$313,425 $308,738 $370,439 $366,059 
Gift card sales56,776 58,035 104,884 104,561 
Gift card redemptions(62,817)(63,072)(160,244)(160,666)
Gift card breakage(4,980)(4,065)(12,675)(10,318)
Balance, end of the period$302,404 $299,636 $302,404 $299,636