Jack In The Box 2008 Annual Report Download - page 79

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15. SUPPLEMENTAL CONSOLIDATED FINANCIAL STATEMENT INFORMATION (in thousands)
Sept. 28, 2008 Sept. 30, 2007
Accounts and other receivables, net:
Trade ............................................... $ 43,146 $ 35,149
Notes receivable . . . .................................... 21,833 48
Other................................................ 5,678 6,161
Allowances for doubtful accounts ........................... (367) (267)
$ 70,290 $ 41,091
Accrued liabilities:
Payroll and related taxes ................................. $ 63,964 $ 75,212
Sales and property taxes.................................. 21,410 23,106
Insurance............................................. 41,243 46,377
Advertising ........................................... 19,072 22,337
Other................................................ 67,942 59,597
$213,631 $226,629
Notes receivable as of September 28, 2008 consists primarily of temporary financing provided to franchisees
to facilitate the closing of two refranchising transactions in the fourth quarter of fiscal 2008.
16. UNAUDITED QUARTERLY RESULTS OF OPERATIONS (in thousands, except per share data)
Fiscal Year 2008 Jan. 20, 2008 Apr. 13, 2008 July 6, 2008 Sept. 28, 2008
16 Weeks
Ended 12 Weeks Ended
Revenues.......................... $776,997 $588,034 $591,864 $582,666
Earnings from operations .............. 67,123 48,229 54,232 46,304
Net earnings ....................... 36,255 26,234 29,916 26,874
Net earning per share:
Basic ........................... $ 0.61 $ 0.45 $ 0.52 $ 0.48
Diluted ......................... $ 0.59 $ 0.44 $ 0.51 $ 0.47
Fiscal Year 2007 Jan. 21, 2007 Apr. 15, 2007 July 8, 2007 Sept. 30, 2007
16 Weeks
Ended 12 Weeks Ended
Revenues.......................... $755,104 $579,823 $590,428 $588,076
Earnings from operations .............. 63,290 47,631 58,831 47,244
Net earnings ....................... 37,218 27,072 34,524 26,769
Net earning per share:
Basic ........................... $ 0.53 $ 0.41 $ 0.55 $ 0.44
Diluted ......................... $ 0.51 $ 0.40 $ 0.54 $ 0.43
17. FUTURE APPLICATION OF ACCOUNTING PRINCIPLES
In September 2006, the FASB issued SFAS 157, Fair Value Measurements. SFAS 157 clarifies the definition of
fair value, describes methods used to appropriately measure fair value, and expands fair value disclosure
requirements. This statement applies under other accounting pronouncements that currently require or permit
F-33
JACK IN THE BOX INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)