Jack In The Box 2005 Annual Report Download - page 48

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JACK IN THE BOX INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS
(In thousands, except per share data)
2005 2004 2003
Revenues:
Restaurant sales 2,045,40
0
$ 2,033,482$ 1,864,18
0
$
Distribution and other sales 348,482 197,762 108,738
Franchise rents and royalties 80,390 66,653 54,371
Othe
r
32,966 24,467 31,001
2,507,238 2,322,36
4
2,058,29
0
Costs of revenues:
Restaurant costs of sales 646,705 630,942 573,751
Restaurant operating costs 1,052,26
2
1,056,156 989,981
Costs of distribution and other sales 343,836 194,251 106,003
Franchised restaurant costs 35,318 31,936 25,97
4
2,078,121 1,913,285 1,695,709
Selling, general and administrative 273,821 264,257 228,141
Earnings from operations 155,296 144,822 134,44
0
Interest expense 17,092 27,318 24,838
Earnings before income taxes 138,20
4
117,50
4
109,60
2
Income taxes 46,667 42,820 39,518
Net earnings 91,537$ 74,68
4
$ 70,08
4
$
Net earnings per share:
Basic 2.57$ 2.06$ 1.92$
Dilute
d
2.48$ 2.02$ 1.90$
Weighted-average shares outstanding:
Basic 35,625 36,237 36,473
Dilute
d
36,938 36,961 36,968
Fiscal Year
See accompanying notes to consolidated financial statements.
F-4