Jack In The Box 2009 Annual Report Download - page 21

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Table of Contents
 
Our fiscal year is 52 or 53 weeks, ending the Sunday closest to September 30. All years presented include 52 weeks. The selected
financial data reflects Quick Stuff as a discontinued operation for all years presented. The following selected financial data of Jack in the
Box Inc. for each fiscal year was extracted or derived from our audited financial statements.

    


Total revenues $ 2,471,096 $2,539,561 $ 2,513,431 $ 2,381,244 $2,269,477
Costs of revenues 2,035,794 2,102,467 2,042,781 1,945,947 1,871,128
Selling, general and administrative expenses 282,676 287,555 291,745 298,436 272,087
Gains on sale of company-operated restaurants (78,642) (66,349) (38,091) (40,464) (22,093)
Total operating costs and expenses 2,239,828 2,323,673 2,296,435 2,203,919 2,121,122
Earnings from operations 231,268 215,888 216,996 177,325 148,355
Interest expense, net(1) 20,767 27,428 23,335 12,056 13,389
Income taxes 79,455 70,251 68,982 58,845 45,405
Earnings from continuing operations $ 131,046 $ 118,209 $ 124,679 $ 106,424 $ 89,561

Earnings per share from continuing operations:
Basic $ 2.31 $ 2.03 $ 1.91 $ 1.52 $ 1.26
Diluted $ 2.27 $ 1.99 $ 1.85 $ 1.48 $ 1.21
Weighted-average shares outstanding —
Diluted(2) 57,733 59,445 67,263 71,834 73,876
Market price at year-end $ 20.07 $ 22.06 $ 32.42 $ 26.09 $ 14.95

Jack in the Box restaurants:
Company-operated average unit volume $ 1,420 $ 1,439 $ 1,430 $ 1,358 $ 1,295
Change in company-operated same-store sales (1.2)% 0.2% 6.1% 4.8% 2.4%
Qdoba restaurants:
System average unit volume $ 905 $ 946 $ 953 $ 933 $ 919
Change in system same-store sales (2.3)% 1.6% 4.6% 5.9% 11.4%
Restaurant operating margin 16.2% 16.1% 17.9% 17.5% 16.9%
SG&A rate 11.4% 11.3% 11.6% 12.5% 12.0%
Capital expenditures from continuing operations $ 153,500 $ 178,605 $ 148,508 $ 135,022 $ 110,133

Total assets $1,455,910 $ 1,498,418 $ 1,374,690 $1,513,499 $ 1,332,606
Long-term debt(1) 357,270 516,250 427,516 254,231 290,213
Stockholders’ equity(3) 524,489 457,111 409,585 706,633 562,085
(1) Fiscal 2009, 2008 and 2007 reflect higher bank borrowings associated with our revolver and credit facility.
(2) Weighted-average shares reflect the impact of common stock repurchases under Board approved programs.
(3) Fiscal 2007 includes a reduction in stockholders’ equity of $363.4 million related to shares repurchased and retired during the year.
20