← Bloomin' Brands, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $41.7m | $100.2m | $107.1m | $130.6m | ($158.7m) | $215.6m | $101.9m | $247.4m | ($128.0m) | $8.2m | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | ($162.2m) | $215.6m | $101.9m | — | — | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $46.3m | $102.6m | $109.5m | $134.1m | ($158.8m) | $222.9m | $109.2m | $254.4m | ($122.7m) | $13.2m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $41.6m | ($52.0m) | $8.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $41.6m | ($46.7m) | $13.8m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $41.6m | ($76.0m) | ($537k) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $41.6m | ($76.0m) | ($537k) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $4.6m | $2.3m | $2.4m | $3.5m | ($80k) | $7.4m | $7.3m | $7.0m | $5.4m | $5.0m | |
| Depreciation, Depletion and Amortization | $193.8m | $192.3m | $201.6m | $196.8m | $180.3m | $163.4m | $169.6m | $191.2m | $175.6m | $177.7m | |
| Other Depreciation and Amortization | $193.8m | $192.3m | $1.6m | $1.7m | $1.2m | $2.1m | $2.7m | $2.7m | $2.6m | $2.4m | |
| Amortization of Debt Issuance Costs and Discounts | $7.9m | $2.9m | $2.6m | $2.5m | $10.1m | $4.5m | $3.5m | $3.1m | $2.8m | — | |
| Amortization of Intangible Assets | $15.7m | $14.2m | — | — | — | $6.0m | $6.2m | $6.0m | $3.8m | $3.8m | |
| Depreciation | $183.0m | $182.3m | $192.1m | $188.2m | $173.3m | $157.4m | $163.4m | $185.2m | $171.8m | $173.9m | |
| Deferred Income Tax Expense (Benefit) | ($75.3m) | ($19.6m) | ($29.5m) | ($25.9m) | ($88.3m) | ($3.3m) | $13.7m | ($7.8m) | ($30.3m) | ($38.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $21.5m | $25.9m | $27.4m | $24.7m | $14.8m | $24.4m | $16.5m | $11.9m | $7.5m | $7.8m | |
| Share-based Payment Arrangement, Expense | $22.6m | $22.6m | $22.4m | $19.7m | $14.7m | $24.3m | $16.4m | $11.8m | $7.4m | $7.4m | |
| Goodwill, Impairment Loss | $0 | $1.4m | — | — | $2.0m | — | — | — | — | $28.2m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | $0 | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | — | $0 | — | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | — | — | $11.3m | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | — | — | — | $45.1m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | $107.6m | $0 | ($136.0m) | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | $3.0m | ($1.3m) | $1.3m | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | $0 | $0 | ($4.7m) | |
| Income Tax Expense (Benefit) | $10.1m | $16.0m | ($9.2m) | $7.6m | ($80.7m) | $26.4m | $42.7m | $18.6m | ($12.1m) | ($26.7m) | |
| Operating Lease, Expense | — | — | — | — | $178.7m | $178.7m | $182.1m | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $2.2m | $500k | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $1.6m | $14.9m | ($11k) | ($143k) | $131k | $26k | ($23k) | — | — | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | ($15.1m) | ($11.1m) | $24.7m | $15.4m | ($19.9m) | $18.2m | ($1.0m) | ($2.4m) | $7.5m | ($6.4m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | $3.5m | $64k | $1.5m | $0 | $0 | — | |
| Accrued capital expenditures | $260.6m | $260.6m | $208.2m | $161.9m | $87.8m | $122.8m | $219.7m | $324.3m | $220.7m | $179.9m | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $1.6m | $15.6m | $0 | ($206k) | $0 | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($1.3m) | — | — | — | — | — | $0 | $0 | ($15.7m) | $26.4m | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | — | $6.7m | — | — | |
| General and Administrative Expense | $268.0m | $307.0m | $282.7m | $275.2m | $254.4m | $245.6m | $234.8m | $260.5m | $219.4m | $238.4m | |
| Goodwill | $310.1m | $310.2m | $295.4m | $288.4m | $271.2m | $268.4m | $273.0m | $276.3m | $213.3m | $185.1m | |
| Inventory Write-down | — | — | — | — | $10.2m | $0 | $0 | — | — | — | |
| Payments for Repurchase of Warrants | — | — | — | — | — | — | $114.8m | $0 | $102.2m | $399k | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $7.2m | $946k | ($1.1m) | ($864k) | ($549k) | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | ($17.7m) | $0 | $0 | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($3.8m) | ($2.4m) | ($120k) | ($1.8m) | ($9.9m) | — | — | $41.6m | ($76.0m) | ($537k) | |
| Net Cash Provided by (Used in) Operating Activities | $340.6m | $409.0m | $288.1m | $317.6m | $138.8m | $402.5m | $390.9m | $532.4m | $228.1m | $276.7m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $260.6m | $260.6m | $208.2m | $161.9m | $87.8m | $122.8m | $219.7m | $324.3m | $220.7m | $179.9m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | — | — | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | $5.2m | $562k | ($727k) | ($5.3m) | ($9.0m) | ($8.8m) | ($827k) | ($1.2m) | ($650k) | ($1.4m) | |
| Net Cash Provided by (Used in) Investing Activities | $309.3m | ($123.1m) | ($177.3m) | ($131.3m) | ($76.6m) | ($104.7m) | ($201.1m) | ($317.1m) | ($239.0m) | $2.1m | |
| Cash flows from financing activities: | |||||||||||
| Repayments of Long-term Debt | $355.6m | $75.5m | $26.7m | $27.3m | $26.3m | $431.2m | — | — | — | — | |
| Payments for Repurchase of Common Stock | $310.3m | $272.9m | $114.0m | $107.0m | $0 | $0 | $109.2m | $70.8m | $265.7m | $0 | |
| Payments of Ordinary Dividends, Common Stock | $31.4m | $31.0m | $33.3m | $35.7m | $17.5m | $0 | $49.7m | $83.7m | $82.6m | $38.3m | |
| Proceeds from Noncontrolling Interests | $738k | $873k | $2.0m | $1.3m | $451k | $1.3m | $1.4m | $2.0m | $2.8m | $1.4m | |
| Payments of Dividends | $31.4m | $31.0m | $33.3m | $35.7m | $17.5m | $0 | $49.7m | $83.7m | $82.6m | $38.3m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | — | ($100k) | |
| Net Cash Provided by (Used in) Financing Activities | ($658.0m) | ($293.5m) | ($164.4m) | ($189.4m) | ($16.8m) | ($317.4m) | ($195.5m) | ($187.1m) | ($23.5m) | ($289.1m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $3.0m | $975k | ($4.1m) | ($1.6m) | ($2.2m) | ($1.6m) | $1.4m | $1.4m | ($9.9m) | ($313k) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $3.0m | ($6.6m) | ($57.7m) | ($4.7m) | $43.3m | ($21.4m) | ($4.3m) | $29.6m | ($44.3m) | ($10.6m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $129.5m | $71.8m | $67.1m | $110.4m | $89.1m | $84.7m | $114.4m | $70.1m | $59.5m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $47.9m | $52.6m | $47.0m | $39.1m | $50.9m | $60.0m | $58.6m | |
| Income Taxes Paid, Net | $88.8m | $33.4m | $15.8m | $24.0m | $8.4m | $36.3m | $35.5m | $27.8m | $21.1m | $41.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.