v3.26.3
Revenue Recognition (Tables)
 9 Months Ended
Sep. 27, 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
SEPTEMBER 27, 2026SEPTEMBER 28, 2025
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$547,163 $7,256 $531,165 $7,359 
Carrabba’s Italian Grill164,361 498 166,007 528 
Bonefish Grill122,407 47 119,976 69 
Fleming’s Prime Steakhouse & Wine Bar83,245 — 85,395 — 
U.S. total917,176 7,801 902,543 7,956 
International Franchise— 7,842 — 7,146 
Other (1)9,800 13 9,377 14 
Total$926,976 $15,656 $911,920 $15,116 
THIRTY-NINE WEEKS ENDED
SEPTEMBER 27, 2026SEPTEMBER 28, 2025
(dollars in thousands)RESTAURANT SALESFRANCHISE REVENUESRESTAURANT SALESFRANCHISE REVENUES
U.S.
Outback Steakhouse$1,723,751 $23,020 $1,700,543 $23,328 
Carrabba’s Italian Grill529,966 1,660 531,478 1,763 
Bonefish Grill395,972 188 382,638 262 
Fleming’s Prime Steakhouse & Wine Bar288,063 — 283,309 — 
U.S. total2,937,752 24,868 2,897,968 25,353 
International Franchise— 23,005 — 23,480 
Other (1)29,007 40 28,240 46 
Total$2,966,759 $47,913 $2,926,208 $48,879 
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(1)Includes Restaurant sales for Company-owned restaurants in Hong Kong.
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)SEPTEMBER 27, 2026DECEMBER 28, 2025
Other current assets, net
Deferred gift card sales commissions$11,731 $17,155 
Unearned revenue
Deferred gift card revenue$273,895 $370,439 
Deferred loyalty revenue5,153 5,695 
Deferred franchise fees - current556 544 
Other2,515 1,255 
Total Unearned revenue$282,119 $377,933 
Other long-term liabilities, net
Deferred franchise fees - non-current$4,673 $4,408 
The following table is a rollforward of deferred gift card sales commissions for the periods indicated:
THIRTEEN WEEKS ENDEDTHIRTY-NINE WEEKS ENDED
(dollars in thousands)SEPTEMBER 27, 2026SEPTEMBER 28, 2025SEPTEMBER 27, 2026SEPTEMBER 28, 2025
Balance, beginning of the period$12,919 $12,554 $17,155 $16,935 
Deferred gift card sales commissions amortization(4,288)(4,260)(15,928)(16,027)
Deferred gift card sales commissions capitalization3,563 3,547 12,248 12,420 
Other(463)(552)(1,744)(2,039)
Balance, end of the period$11,731 $11,289 $11,731 $11,289 

The following table is a rollforward of unearned gift card revenue for the periods indicated:
THIRTEEN WEEKS ENDEDTHIRTY-NINE WEEKS ENDED
(dollars in thousands)SEPTEMBER 27, 2026SEPTEMBER 28, 2025SEPTEMBER 27, 2026SEPTEMBER 28, 2025
Balance, beginning of the period$302,404 $299,636 $370,439 $366,059 
Gift card sales42,379 41,891 147,263 146,452 
Gift card redemptions & breakage (1)(70,888)(56,357)(243,807)(227,341)
Balance, end of the period$273,895 $285,170 $273,895 $285,170 
________________
(1)The thirteen and thirty-nine weeks ended September 27, 2026 include $13.2 million of gift card breakage as a result of a change in accounting estimate. See below for additional details.