Jack In The Box 2007 Annual Report Download - page 73

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Net periodic benefit cost — The components of the fiscal year net periodic benefit cost were as follows:
Service
Cost
Interest
Cost
Expected
Return on
Plan Assets
Actuarial
(Gain)
Loss
Amort. of
Unrecognized
Prior
Service Cost
Amort. of
Unrecognized
Net Transition
Obligation
Net Periodic
Benefit Cost
(In thousands)
Qualified pension plans:
2007 ................. $ 9,846 $13,201 $(14,541) $2,257 $124 $— $10,887
2006 ................. 12,042 12,258 (12,428) 8,416 124 — 20,412
2005 ................. 8,393 10,053 (9,438) 4,072 124 — 13,204
Non-qualified pension plan:
2007 ................. $ 734 $ 2,401 $ — $ 404 $707 $95 $ 4,341
2006 ................. 771 2,067 — 735 671 95 4,339
2005 ................. 644 2,043 — 442 652 95 3,876
Postretirement health plans:
2007 ................. $ 213 $ 1,081 $ — $ (930) $185 $— $ 549
2006 ................. 272 1,023 — (371) 185 — 1,109
2005 ................. 292 1,127 — (372) 185 — 1,232
Assumptions — We determine our actuarial assumptions on an annual basis. In determining the present values
of our benefit obligations and net periodic benefit costs as of and for the fiscal years ended September 30, 2007,
October 1, 2006 and October 2, 2005, respectively, we used the following weighted-average assumptions:
2007 2006 2005
Assumptions used to determine benefit obligations(1):
Qualified pension plans:
Discount rate ............................................. 6.50% 6.60% 5.50%
Rate of future compensation increases ........................... 3.50 3.50 3.50
Non-qualified pension plan:
Discount rate ............................................. 6.50% 6.60% 5.50%
Rate of future compensation increases ........................... 5.00 5.00 5.00
Postretirement health plans:
Discount rate ............................................. 6.50% 6.60% 5.50%
Assumptions used to determine net periodic benefit cost(2):
Qualified pension plans:
Discount rate ............................................. 6.60% 5.50% 6.45%
Long-term rate of return on assets .............................. 7.75 7.75 7.50
Rate of future compensation increases ........................... 3.50 3.50 3.50
Non-qualified pension plan:
Discount rate ............................................. 6.60% 5.50% 6.45%
Rate of future compensation increases ........................... 5.00 5.00 5.00
Postretirement health plans:
Discount rate ............................................. 6.60% 5.50% 6.45%
(1) Determined as of end of year.
(2) Determined as of beginning of year.
F-23
JACK IN THE BOX INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)