Jack In The Box 2015 Annual Report Download - page 24
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The following table presents certain income and expense items included in our consolidated statements of earnings as a percentage of total revenues,
unless otherwise indicated. Percentages may not add due to rounding.
Revenues:
Company restaurant sales
75.1%
75.5%
76.8 %
Franchise rental revenues
14.7%
14.6%
13.9 %
Franchise royalties and other
10.2%
9.8%
9.3 %
Total revenues
100.0%
100.0%
100.0 %
Operating costs and expenses, net:
Company restaurant costs:
Food and packaging (1)
31.3%
31.9%
32.6 %
Payroll and employee benefits (1)
27.1%
27.5%
28.0 %
Occupancy and other (1)
21.3%
22.1%
22.3 %
Total company restaurant costs (1)
79.6%
81.5%
82.9 %
Franchise occupancy expenses (2)
75.0%
77.8%
77.6 %
Franchise support and other costs (3)
10.0%
9.5%
9.0 %
Selling, general and administrative expenses
14.4%
13.9%
14.8 %
Impairment and other charges, net
0.8%
1.0%
0.9 %
Losses (gains) on the sale of company-operated restaurants
0.2%
0.2%
(0.3)%
Earnings from operations
12.8%
10.9%
9.3 %
Income tax rate (4)
36.9%
35.3%
32.8 %
____________________________
(1) As a percentage of company restaurant sales.
(2) As a percentage of franchise rental revenues.
(3) As a percentage of franchise royalties and other.
(4) As a percentage of earnings from continuing operations and before income taxes.
Same-store sales increased as follows:
Company
5.1%
2.0%
1.0%
Franchise
7.0%
2.0%
0.1%
System
6.5%
2.0%
0.3%
Company
8.3%
5.7%
0.5%
Franchise
10.4%
6.3%
1.1%
System
9.3%
6.0%
0.8%
22