Company: JACK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0000807882-25-000030
Chunk: 87

Company: JACK IN THE BOX INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Item 8
Chunk 87
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 resources, audit services, legal, tax and treasury; nor do they include certain unallocated costs such as share-based compensation. These costs are reflected in the caption “Shared services and unallocated costs.”Beginning in 2025, the Company’s measure of segment profit was updated to exclude all of the following items: depreciation and amortization, net other operating expenses, net company-owned life insurance (“COLI”) losses (gains), (gains) losses on the sale of company-operated restaurants, net amortization of favorable and unfavorable leases and subleases, amortization of franchise tenant improvement allowances and other, and amortization of cloud-computing costs. Amounts in fiscal year 2024 have been adjusted to reflect the current presentation. 

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JACK IN THE BOX INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

The following table provides information related to our operating segments in each period (in thousands):QuarterYear-to-dateApril 13,2025April 14,2024April 13,2025April 14,2024Revenues by segment:Jack in the Box restaurant operations$265,731 $276,262 $636,795 $644,602 Del Taco restaurant operations70,965 89,085 169,339 208,243 Consolidated revenues$336,696 $365,347 $806,134 $852,845 Segment profit reconciliation: Jack in the Box segment profit$78,803 $86,793 $194,767 $205,890 Del Taco segment profit5,999 10,878 15,325 23,393 Shared services and unallocated costs(18,342)(21,974)(46,387)(51,896)Total segment profit$66,460 $75,697 $163,705 $177,387 Depreciation and amortization12,217 13,906 30,487 32,379 Other operating expense, net4,216 5,267 7,735 10,437 Net COLI losses (gains)1,407 (1,232)2,798 (6,066)Impairment of goodwill and intangible assets203,230 — 203,230 — (Gains) losses on the sale of company-operated restaurants30 1,065 (2