Company: JACK
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0000807882-25-000030
Chunk: 24

Company: JACK IN THE BOX INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Item 1
Chunk 24
---
 statements.

4

JACK IN THE BOX INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

Year-to-dateApril 13,2025April 14,2024Cash flows from operating activities:Net earnings (loss)$(108,542)$63,663 Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:Depreciation and amortization30,487 32,379 Amortization of franchise tenant improvement allowances and incentives3,484 2,538 Deferred finance cost amortization2,572 2,610 Excess tax deficiency (benefit) from share-based compensation arrangements1,435 (49)Deferred income taxes(55,452)(2,326)Share-based compensation expense4,685 8,661 Pension and post-retirement expense3,130 3,685 Loss (gains) on cash surrender value of company-owned life insurance2,242 (7,949)(Gains) losses on the sale of company-operated restaurants(2,776)1,319 Gains on acquisition of restaurants(6)(2,357)Losses on the disposition of property and equipment, net1,385 1,148 Impairment charges205,094 1,580 Changes in assets and liabilities:Accounts and other receivables(28,655)815 Inventories129 (170)Prepaid expenses and other current assets(4,007)9,299 Operating lease right-of-use assets and lease liabilities (9,580)9,392 Accounts payable550 (396)Accrued liabilities1,927 (123,532)Pension and post-retirement contributions(3,833)(3,288)Franchise tenant improvement allowance and incentive disbursements(3,586)(1,460)Other28,207 (1,583)Cash flows provided by (used in) operating activities68,890 (6,021)Cash flows from investing activities:Purchases of property and equipment(47,769)(49,086)Purchases of assets intended for sale or leaseback(8,827)(11,985)Proceeds from the sale of property and equipment15,110 1,500 Proceeds from the sale and leaseback of assets— 1,728 Proceeds from the sale of company