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SEGMENT REPORTING
 6 Months Ended
Apr. 14, 2024
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. In 2024, our chief operating decision maker revised the method by which they determine performance and strategy for our segments. This change was made to reflect a shared-services model whereby each brand’s results of operations are assessed separately and do not include costs related to certain corporate functions which support both brands. This segment reporting structure reflects the Company’s current management structure, internal reporting method and financial information used in deciding how to allocate Company resources. Based upon certain quantitative thresholds, each operating segment is considered a reportable segment. This change to our segment reporting did not change our reporting units for goodwill.
The Company measures and evaluates our segments based on segment revenues and segment profit. The reportable segments do not include an allocation of the costs related to shared service functions, such as accounting/finance, human resources, audit services, legal, tax and treasury; nor do they include certain unallocated costs such share-based compensation. These costs are reflected in the caption “Shared services and unallocated costs.”
Our measure of segment profit excludes depreciation and amortization, share-based compensation, company-owned life insurance (“COLI”) gains, net of changes in our non-qualified deferred compensation obligation supported by these policies, acquisition, integration, and strategic initiatives, losses (gains) on the sale of company-operated restaurants, gains on acquisition of 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):
QuarterYear-to-date
April 14,
2024		April 16,
2023		April 14,
2024		April 16,
2023
Revenues by segment:
Jack in the Box restaurant operations$276,262 $274,832 $644,602 $641,749 
Del Taco restaurant operations89,085 120,912 208,243 281,091 
Consolidated revenues$365,347 $395,744 $852,845 $922,840 
Segment profit reconciliation:
Jack in the Box segment profit$84,545 $84,648 $200,588 $213,428 
Del Taco segment profit9,646 12,271 20,387 28,507 
Shared services and unallocated costs(18,046)(17,747)$(43,249)$(46,275)
Depreciation and amortization13,906 14,598 32,379 34,000 
Acquisition, integration, and strategic initiatives4,268 1,259 9,889 2,896 
Share-based compensation3,841 2,398 8,661 5,932 
Net COLI gains(1,232)(844)(6,066)(6,568)
Losses (gains) on the sale of company-operated restaurants1,065 (704)1,319 (4,529)
Gains on acquisition of restaurants— — (2,357)— 
Amortization of favorable and unfavorable leases and subleases, net107 826 231 1,359 
Earnings from operations$54,190 $61,639 $133,670 $162,570 
The Company does not evaluate, manage or measure performance of segments using asset, pension or post-retirement expense, interest income and expense, or income tax information; accordingly, this information by segment is not prepared or disclosed.