Jack In The Box 2007 Annual Report Download - page 81

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Legal Matters — We are subject to normal and routine litigation. In the opinion of management, based in part
on the advice of legal counsel, the ultimate liability from all pending legal proceedings, asserted legal claims and
known potential legal claims should not materially affect our operating results, financial position or liquidity.
12. SEGMENT REPORTING
We operate our business in two operating segments, JACK IN THE BOX and Qdoba, based on our management
structure and internal method of reporting. Based upon certain quantitative thresholds, only JACK IN THE BOX is
considered a reportable segment.
Summarized financial information concerning our reportable segment is shown in the following table
(in thousands):
2007 2006 2005
Revenues ..................................... $2,781,505 $2,648,659 $2,421,815
Earnings from operations ......................... 208,680 172,485 147,188
Cash flows used for purchases of property and
equipment .................................. 145,299 142,075 117,951
Total assets ................................... 1,341,417 1,490,536 1,319,171
Interest expense and income taxes are not reported on an operating segment basis in accordance with our
method of internal reporting.
A reconciliation of reportable segment revenues to consolidated revenues follows (in thousands):
2007 2006 2005
Revenues ..................................... $2,781,505 $2,648,659 $2,421,815
Qdoba revenues ................................ 94,473 74,944 58,399
Consolidated revenues ........................... $2,875,978 $2,723,603 $2,480,214
A reconciliation of reportable segment earnings from operations to consolidated earnings from operations
follows (in thousands):
2007 2006 2005
Earnings from operations ......................... $ 208,680 $ 172,485 $ 147,188
Qdoba earnings from operations .................... 11,005 9,210 4,418
Consolidated earnings from operations ............... $ 219,685 $ 181,695 $ 151,606
A reconciliation of reportable segment total assets to consolidated total assets follows (in thousands):
2007 2006 2005
Total assets ................................... $1,341,417 $1,490,536 $1,319,171
Qdoba total assets .............................. 86,867 74,132 67,989
Investment in Qdoba and other ..................... (45,462) (44,207) (49,174)
Consolidated total assets ......................... $1,382,822 $1,520,461 $1,337,986
F-31
JACK IN THE BOX INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)