Jack In The Box 2007 Annual Report Download - page 32

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ITEM 6. SELECTED FINANCIAL DATA
Our fiscal year is 52 or 53 weeks, ending the Sunday closest to September 30. Fiscal year 2004 includes
53 weeks; all other years include 52 weeks. The following selected financial data of Jack in the Box Inc. for each
fiscal year was extracted or derived from our audited financial statements.
2007 2006 2005 2004(1) 2003
Fiscal Year
(In thousands, except per share data)
Statements of Earnings Data:
Total revenues(2). . ............. $2,875,978 $2,723,603 $2,480,214 $2,302,547 $2,030,236
Costs of revenues . ............. 2,401,673 2,283,135 2,078,121 1,913,285 1,695,709
Selling, general and administrative
expenses ................... 293,881 300,819 273,821 264,257 228,141
Gains on sale of company-operated
restaurants(2). . . ............. (39,261) (42,046) (23,334) (17,918) (26,562)
Total operating costs and
expenses ................. 2,656,293 2,541,908 2,328,608 2,159,624 1,897,288
Earnings from operations ......... 219,685 181,695 151,606 142,923 132,948
Interest expense, net(3) .......... 23,354 12,075 13,402 25,419 23,346
Income taxes.................. 70,027 60,545 46,667 42,820 39,518
Earnings before cumulative effect of
accounting change ............ $ 126,304 $ 109,075 $ 91,537 $ 74,684 $ 70,084
Earnings per Share and Share
Data(4):
Earnings per share before
cumulative effect of accounting
change:
Basic .................... $ 1.93 $ 1.57 $ 1.28 $ 1.03 $ 0.96
Diluted .................. $ 1.88 $ 1.52 $ 1.24 $ 1.01 $ 0.95
Weighted-average shares
outstanding — Diluted(5) ....... 67,263 71,834 73,876 73,923 73,936
Market price at year-end ......... $ 32.42 $ 26.09 $ 14.95 $ 16.16 $ 8.53
Other Operating Data:
JACK IN THE BOX change in
same-store sales. ............. 6.1% 4.8% 2.4% 4.6% (1.7)%
Restaurant operating margin ...... 17.9% 17.5% 16.9% 17.0% 16.1%
SG&A rate ................... 10.2% 11.0% 11.0% 11.5% 11.2%
Capital expenditures ............ $ 154,182 $ 150,032 $ 126,134 $ 120,065 $ 111,872
Balance Sheet Data (at end of
period):
Total assets ................... $1,382,822 $1,520,461 $1,337,986 $1,324,666 $1,142,481
Long-term debt(6) . ............. 427,516 254,231 290,213 297,092 290,746
Stockholders’ equity(7) .......... 414,557 710,885 565,372 553,399 450,434
(1) Fiscal 2004 includes 53 weeks. All other periods presented include 52 weeks. The additional week in fiscal
2004 added approximately $0.01 per diluted share to net earnings.
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