Jack In The Box 2009 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 2009 Jack In The Box annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 96

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96

Table of Contents



  

Revenues:
Restaurant sales $ 1,975,842 $ 2,101,576 $2,150,985
Distribution sales 302,135 275,225 222,560
Franchised restaurant revenues 193,119 162,760 139,886
2,471,096 2,539,561 2,513,431
Operating costs and expenses:
Food and packaging costs 640,386 701,051 685,179
Payroll and employee benefits 587,551 624,600 644,283
Occupancy and other 428,509 438,492 436,588
Company restaurant costs 1,656,446 1,764,143 1,766,050
Distribution costs of sales 300,934 273,369 220,240
Franchised restaurant costs 78,414 64,955 56,491
Selling, general and administrative expenses 282,676 287,555 291,745
Gains on the sale of company-operated restaurants (78,642) (66,349) (38,091)
2,239,828 2,323,673 2,296,435
Earnings from operations 231,268 215,888 216,996
Interest expense 22,155 28,070 32,127
Interest income (1,388) (642) (8,792)
Interest expense, net 20,767 27,428 23,335
Earnings before income taxes 210,501 188,460 193,661
Income taxes 79,455 70,251 68,982
Earnings from continuing operations 131,046 118,209 124,679
Earnings (losses) from discontinued operations, net (12,638) 1,070 904
Net earnings $ 118,408 $ 119,279 $ 125,583
Net earnings per share — basic:
Earnings from continuing operations $ 2.31 $ 2.03 $ 1.91
Earnings (losses) from discontinued operations (0.23) 0.02 0.01
Net earnings per share $ 2.08 $ 2.05 $ 1.92
Net earnings per share — diluted:
Earnings from continuing operations $ 2.27 $ 1.99 $ 1.85
Earnings (losses) from discontinued operations (0.22) 0.02 0.02
Net earnings per share $ 2.05 $ 2.01 $ 1.87
Weighted-average shares outstanding:
Basic 56,795 58,249 65,314
Diluted 57,733 59,445 67,263
See accompanying notes to consolidated financial statements.
F-4