XML 28 R15.htm IDEA: XBRL DOCUMENT
v3.23.2

SEGMENT REPORTING | 9 Months Ended
--- | ---
Jul. 09, 2023
Segment Reporting [Abstract] |
SEGMENT REPORTING | SEGMENT REPORTING The Company’s principal business consists of developing, operating and franchising our Jack in the Box and Del Taco restaurant brands, each of which is considered a reportable operating segment. This segment reporting structure reflects our current management structure, internal reporting method and financial information used in deciding how to allocate our resources. Based upon certain quantitative thresholds, each operating segment is considered a reportable segment. The Company measures and evaluates our segments based on segment revenues and segment profit. Our measure of segment profit excludes depreciation and amortization, share-based compensation, company-owned life insurance (“COLI”) gains/losses, net of changes in our non-qualified deferred compensation obligation supported by these policies, acquisition, integration, and restructuring costs, gains on the sale of company-operated restaurants, and amortization of favorable and unfavorable leases and subleases, net. The following table provides information related to our operating segments in each period (in thousands):
| Quarter |  | Year-to-date
| July 9, 2023 |  | July 10, 2022 |  | July 9, 2023 |  | July 10, 2022
Revenues by segment: |  |  |  |  |  |  |
Jack in the Box | $ | 280,211 |  |  | $ | 271,976 |  |  | $ | 921,960 |  |  | $ | 876,024 |
Del Taco | 116,731 |  |  | 126,329 |  |  | 397,822 |  |  | 189,286 |
Consolidated revenues | $ | 396,942 |  |  | $ | 398,305 |  |  | $ | 1,319,782 |  |  | $ | 1,065,310 |
Segment operating profit: |  |  |  |  |  |  |
Jack in the Box | $ | 72,067 |  |  | $ | 64,951 |  |  | $ | 246,779 |  |  | $ | 216,935 |
Del Taco | 4,167 |  |  | 12,209 |  |  | 25,131 |  |  | 18,265 |
Total segment operating profit | $ | 76,234 |  |  | $ | 77,160 |  |  | $ | 271,910 |  |  | $ | 235,200 |
Depreciation and amortization | 14,460 |  |  | 16,713 |  |  | 48,460 |  |  | 40,754 |
Acquisition, integration, and restructuring costs | 2,463 |  |  | 2,753 |  |  | 5,359 |  |  | 18,864 |
Share-based compensation | 2,059 |  |  | 1,607 |  |  | 7,991 |  |  | 5,541 |
Net COLI (gains) losses | (579) |  |  | 4,585 |  |  | (7,147) |  |  | 7,165 |
Gains on the sale of company-operated restaurants | (5,794) |  |  | (802) |  |  | (10,323) |  |  | (1,660) |
Amortization of favorable and unfavorable leases and subleases, net | 83 |  |  | 437 |  |  | 1,458 |  |  | 685 |
Earnings from operations | $ | 63,542 |  |  | $ | 51,867 |  |  | $ | 226,112 |  |  | $ | 163,851 |
Total capital expenditures by segment: |  |  |  |  |  |  |
Jack in the Box | $ | 24,588 |  |  | $ | 7,603 |  |  | $ | 39,844 |  |  | $ | 24,933 |
Del Taco | 8,053 |  |  | 5,965 |  |  | 16,825 |  |  | 9,416 |
Total capital expenditures | $ | 32,641 |  |  | $ | 13,568 |  |  | $ | 56,669 |  |  | $ | 34,349 |
Total depreciation and amortization by segment: |  |  |  |  |  |  |
Jack in the Box | $ | 8,319 |  |  | $ | 9,202 |  |  | $ | 27,631 |  |  | $ | 31,038 |
Del Taco | 6,141 |  |  | 7,511 |  |  | 20,829 |  |  | 9,716 |
Total depreciation and amortization | $ | 14,460 |  |  | $ | 16,713 |  |  | $ | 48,460 |  |  | $ | 40,754 |
The Company does not evaluate, manage or measure performance of segments using asset, interest income and expense, or income tax information; accordingly, this information by segment is not prepared or disclosed.

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

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration