Company: JACK
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000807882-25-000043
Chunk: 41

Company: JACK IN THE BOX INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 41
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 financial information used in deciding how to allocate Company resources. Based upon certain quantitative thresholds, each operating segment is considered a reportable segment. This segment reporting is in line with our reporting units for goodwill.The Company measures and evaluates its segments based on segment revenues and segment profit. The reportable segments do not include an allocation of the costs related to shared service functions, such as accounting/finance, human 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”) 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-dateJuly 6,2025July 7,2024July 6,2025July 7,2024Revenues by segment:Jack in the Box restaurant operations$262,401 $281,749 $899,196 $926,351 Del Taco restaurant operations70,586 87,422 239,925 295,665 Consolidated revenues$332,987 $369,171 $1,139,121 $1,222,016 Segment profit reconciliation: Jack in the Box segment profit$73,734 $88,561 $268,501 $294,451 Del Taco segment profit6,063 9,641 21,388 32,835 Shared services and unallocated costs(18,169)(19,096)(64,556)(70,528)Total segment profit$61,628 $79,106 $225,333 $256,758 Depreciation and amortization12,844 13,827 43,331 46,206 Other operating expense, net5,683