Oracle: What does `(+)` do in a WHERE clause?

SELECT
    Table1.Category1,
    Table1.Category2,
    count(*) as Total,
    count(Tab2.Stat) AS Stat
FROM Table1, Table2
WHERE (Table1.PrimaryKey = Table2.ForeignKey(+))
GROUP BY Table1.Category1, Table1.Category2

SELECT
    Table1.Category1,
    Table1.Category2,
    COUNT(*) AS Total,
    COUNT(Table2.Stat) AS Stat
FROM Table1
  LEFT OUTER JOIN Table2 ON (Table1.PrimaryKey = Table2.ForeignKey)
GROUP BY Table1.Category1, Table1.Category2;