XML 24 R11.htm IDEA: XBRL DOCUMENT
v3.23.2

GOODWILL AND INTANGIBLE ASSETS, NET | 9 Months Ended
--- | ---
Jul. 09, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS, NET | GOODWILL AND INTANGIBLE ASSETS, NET The changes in the carrying amount of goodwill during fiscal 2023 and 2022 were as follows (in thousands):
| Jack in the Box |  | Del Taco |  | Total
Balance at October 2, 2022 | $ | 136,099 |  |  | $ | 230,722 |  |  | $ | 366,821 |
Sale of Del Taco company-operated restaurants to franchisees | — |  |  | (21,431) |  |  | (21,431) |
Sale of Jack in the Box company-operated restaurants to franchisees | (72) |  |  | — |  |  | (72) |
Reclassified to assets held for sale | — |  |  | (5,929) |  |  | (5,929) |
Balance at July 9, 2023 | $ | 136,027 |  |  | $ | 203,362 |  |  | $ | 339,389 |
The net carrying amounts of intangible assets other than goodwill with definite lives are as follows (in thousands):
| July 9, 2023 |  | October 2, 2022
| Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Amount |  | Accumulated Amortization |  | Net Amount
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Sublease assets | $ | 2,671 |  |  | $ | (325) |  |  | $ | 2,346 |  |  | $ | 2,671 |  |  | $ | (139) |  |  | $ | 2,532 |
Franchise contracts | 9,700 |  |  | (725) |  |  | 8,975 |  |  | 9,700 |  |  | (311) |  |  | 9,389 |
Reacquired franchise rights | 297 |  |  | (103) |  |  | 194 |  |  | 530 |  |  | (127) |  |  | 403 |
| $ | 12,668 |  |  | $ | (1,153) |  |  | $ | 11,515 |  |  | $ | 12,901 |  |  | $ | (577) |  |  | $ | 12,324 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Del Taco trademark | $ | 283,500 |  |  | $ | — |  |  | $ | 283,500 |  |  | $ | 283,500 |  |  | $ | — |  |  | $ | 283,500 |
| $ | 283,500 |  |  | $ | — |  |  | $ | 283,500 |  |  | $ | 283,500 |  |  | $ | — |  |  | $ | 283,500 |
The following table summarizes, as of July 9, 2023, the estimated amortization expense for each of the next five fiscal years (in thousands):
Remainder of 2023 | $ | 213 |
2024 | 901 |
2025 | 901 |
2026 | 901 |
2027 | 901 |
Thereafter | 7,698 |
| $ | 11,515 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration