Jack In The Box 2007 Annual Report Download - page 84

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obligations at the end of their fiscal year. The measurement provision of SFAS 158 is effective for fiscal years
ending after December 15, 2008.
In February 2007, the FASB issued SFAS 159, The Fair Value Option for Financial Assets and Financial
Liabilities. SFAS 159 permits entities to voluntarily choose to measure many financial instruments and certain other
items at fair value. SFAS 159 is effective for fiscal years beginning after November 15, 2007. We are currently in the
process of determining whether to elect the fair value measurement options available under this standard.
Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies
that do not require adoption until a future date are not expected to have a material impact on our consolidated
financial statements upon adoption.
F-34
JACK IN THE BOX INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)