Jack In The Box 2005 Annual Report Download - page 70

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JACK IN THE BOX INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands, except per share data)
(continued)
15. SUPPLEMENTAL CASH FLOW INFORMATION
2005 2004 2003
Cash paid during the year for:
Interest, net of amounts capitalized................................................ $ 15,654 $ 23,564 $ 21,463
Income tax payments ..................................................................... 43,678 29,265 18,665
Capital lease obligations incurred ...................................................... 911 9,912 9,222
Restricted stock issued....................................................................... 2,031 1,012 5,151
Performance vested restricted stock units issued ............................... 2,529 2,905 –
The consolidated statements of cash flows also exclude the following non-cash transactions: (i) non-cash proceeds from
our short-term financing of a portion of the sale of company-operated restaurants to certain qualified franchisees of $5,265
and $29,599 in 2004 and 2003, respectively, included in accounts receivable; and (ii) the use of sinking fund payments to
retire financing lease obligations during 2003.
16. SUPPLEMENTAL CONSOLIDATED FINANCIAL STATEMENT INFORMATION
October 2,
2005
October 3,
2004
Accounts receivable:
Trade.................................................................................................................... $ 16,498 $ 14,471
Notes receivable ................................................................................................... 1,238 779
Other .................................................................................................................... 3,784 6,414
Allowances for doubtful accounts........................................................................ (293) (736)
$ 21,227 $ 20,928
Accrued liabilities:
Payroll and related taxes ...................................................................................... $ 75,101 $ 76,069
Sales and property taxes....................................................................................... 21,335 27,096
Insurance.............................................................................................................. 47,072 42,412
Advertising........................................................................................................... 17,620 19,487
Other .................................................................................................................... 50,310 51,523
$ 211,438 $ 216,587
17. UNAUDITED QUARTERLY RESULTS OF OPERATIONS
16 weeks ended 12 weeks ended
Fiscal year 2005 Jan. 23, 2005 Apr. 17, 2005 July 10, 2005 Oct. 2, 2005
Revenues...............................................
.
$ 738,596 $ 577,045 $ 590,178 $ 601,419
Earnings from operations ......................
.
44,427 35,787 39,034 36,048
Net earnings ..........................................
.
25,430 20,677 23,886 21,544
Net earnings per share:
Basic .............................................
.
.71 .57 .68 .61
Diluted ..........................................
.
.68 .55 .66 .59
16 weeks ended 12 weeks ended 13 weeks ended
Fiscal year 2004 Jan. 18, 2004 Apr. 11, 2004 July 4, 2004 Oct. 3, 2004
Revenues...............................................
.
$ 669,920 $ 517,266 $ 541,241
$ 593,937
Earnings from operations ......................
.
39,018 33,252 36,541 36,011
Net earnings ..........................................
.
14,352 18,663 20,683 20,986
Net earnings per share:
Basic .............................................
.
.40 .51 .57 .57
Diluted ..........................................
.
.40 .50 .55 .56
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