Company: JACK
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000807882-25-000043
Chunk: 25

Company: JACK IN THE BOX INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 25
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,027)$(57,428)

See accompanying notes to condensed consolidated financial statements.

4

JACK IN THE BOX INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

Year-to-dateJuly 6,2025July 7,2024Cash flows from operating activities:Net loss$(86,515)$(58,637)Adjustments to reconcile net loss to net cash provided by operating activities:Depreciation and amortization43,331 46,206 Amortization of franchise tenant improvement allowances and incentives5,063 3,967 Deferred finance cost amortization3,668 3,722 Excess tax deficiency from share-based compensation arrangements1,483 5 Deferred income taxes(56,446)(10,314)Share-based compensation expense6,812 11,018 Pension and post-retirement expense4,472 5,264 Gains on cash surrender value of company-owned life insurance(5,731)(11,776)(Gains) losses on the sale of company-operated restaurants(2,630)1,384 Gains on acquisition of restaurants(6)(2,357)Losses on the disposition of property and equipment, net1,983 1,675 Impairment charges212,476 163,169 Changes in assets and liabilities:Accounts and other receivables(2,423)17,385 Inventories181 (262)Prepaid expenses and other current assets(5,180)4,141 Operating lease right-of-use assets and lease liabilities (13,560)6,191 Accounts payable(10,513)(16,720)Accrued liabilities17,277 (114,100)Pension and post-retirement contributions(5,370)(4,784)Franchise tenant improvement allowance and incentive disbursements(5,706)(1,919)Other25,960 (3,995)Cash flows provided by operating activities128,626 39,263 Cash flows from investing activities:Purchases of property and equipment(70,293)(67,193)Purchases of assets intended for sale or leaseback(8,827)(18,575)Proceeds from the sale of property and equipment15,108 10,899 Proceeds from the sale and leaseback of assets— 4,413 Acquisition of franchise-operated restaurants(