Jack in the box inc. (JACK)
CashFlow / Quarterly
Apr'20Jan'20Sep'19Jul'19Apr'19Jan'19Sep'18Jun'18Mar'18Jan'18Oct'17Jun'17Apr'17Jan'17Sep'16Jun'16Mar'16Jan'16Sep'15Jun'15Mar'15Jan'15Sep'14Jun'14Apr'14Jan'14Sep'13Jun'13Mar'13Jan'13Sep'12Jun'12Apr'12Jan'12Sep'11Jun'11Apr'11Jan'11Sep'10Jun'10Apr'10Jan'10
Cash flows from operating activities:
Net earnings

11,463

7,897

22,061

13,189

25,089

34,098

16,269

45,307

47,605

12,190

29,958

36,351

33,093

35,930

31,981

30,189

28,682

33,221

23,141

26,831

23,005

35,835

16,160

24,703

15,801

32,286

22,828

-5,655

13,290

20,689

12,477

11,592

21,632

11,950

22,653

18,744

6,802

32,401

4,040

24,242

17,680

24,248

Earnings from discontinued operations

0

0

38

-284

-41

2,977

-2,067

-2,826

22,624

-699

-1,384

5,059

1,703

1,381

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings from continuing operations

11,463

7,897

22,023

13,473

25,130

31,121

18,336

48,133

24,981

12,889

31,342

31,292

31,390

34,549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization

12,282

16,728

12,536

12,786

12,690

17,169

13,116

13,194

13,955

19,157

14,677

15,336

16,122

21,263

2,472

20,983

20,817

28,514

21,263

20,330

20,505

27,370

20,799

20,860

21,271

28,454

21,349

22,280

22,574

30,016

23,748

22,336

22,340

29,534

21,805

22,525

22,235

29,582

24,871

22,491

23,023

31,129

Amortization of franchise tenant improvement allowances and other

614

1,151

459

387

607

530

365

232

118

147

47

26

23

25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred finance cost amortization

1,291

1,755

1,218

679

520

704

535

543

694

1,031

780

788

796

1,123

687

612

614

823

619

535

494

661

498

500

502

675

513

515

520

729

627

637

643

788

600

604

607

743

595

339

259

465

Loss on debt extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-939

0

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits from share-based compensation arrangements

273

-196

47

19

-3

50

-53

1,284

-2

802

99

99

53

3,981

3,639

1,371

431

2,020

821

708

2,540

14,533

2,497

3,150

6,710

5,307

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

4,773

2,010

5,845

-5,700

4,738

-783

-13,192

3,818

1,184

33,542

-21,296

2,794

143

2,285

17,621

16,975

825

-2,128

855

-1,261

-3,758

973

4,236

300

4,462

-4,846

-21,127

-13

3,906

-1,370

-4,301

246

-1,357

-1,203

-5,061

-2,806

4,927

-9,892

-21,796

-2,491

-1,505

-1,762

Share-based compensation expense

2,681

3,184

1,485

1,881

2,799

1,909

1,316

1,682

3,211

2,937

2,453

1,914

2,583

3,687

2,107

1,319

3,813

4,088

2,379

2,674

3,482

3,885

2,230

1,780

2,547

3,801

1,343

2,450

3,537

4,062

1,882

1,439

1,540

2,022

1,307

1,783

2,306

2,666

3,041

2,064

2,695

2,805

Pension and postretirement expense

512

38,978

343

342

343

456

535

537

537

715

973

973

972

1,297

3,110

3,113

3,112

4,149

4,326

4,327

4,327

5,769

3,175

3,175

3,177

4,233

7,188

7,187

7,188

9,584

6,673

12,481

6,160

8,212

5,502

5,503

5,503

7,337

6,767

6,712

6,712

8,949

(Gains) losses on cash surrender value of company-owned life insurance

-

-3,374

-

-

-

2,863

-945

-1,023

1,851

-2,163

-2,060

-291

-399

326

-357

-2,562

-4,912

2,466

3,200

1,675

-3,061

-574

2,263

-4,884

-311

-3,117

-3,789

460

-2,833

-2,836

-3,356

-354

-1,685

-6,742

9,381

-446

-2,380

-5,461

-5,193

5,020

-2,091

-3,935

Gains on the sale of company-operated restaurants

0

1,600

1,147

19

0

200

3,076

28,676

5,472

8,940

16,868

13,250

7,779

137

6

409

-3

818

1,214

-183

-5,020

850

-5,790

24

1,757

461

7,819

-1,509

-2,418

748

10,212

3,733

14,078

1,122

22,185

10,190

878

27,872

18,934

23,687

2,987

9,380

Gains on the disposition of property and equipment, net

-267

10,437

488

5,618

773

-635

-669

-477

-298

-183

-1,130

-804

-427

-530

15

-649

-995

-651

-773

-608

155

-621

-629

-457

398

-992

1,736

-2,109

-1,248

832

-2,519

-904

-1,775

-1,083

-1,566

-660

-2,628

-2,796

-4,899

-3,498

-1,178

-1,182

Non-cash operating lease costs

5,450

7,668

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges and other

133

0

3,790

728

509

387

300

703

697

805

300

770

278

467

-1,385

2,070

412

446

2,002

2,633

1,414

766

1,891

455

7,695

393

2,548

23,409

370

4,458

6,638

656

910

1,199

-317

517

878

289

8,887

2,580

895

608

Changes in assets and liabilities, excluding acquisitions:
Accounts and other receivables

17,239

5,619

-7,059

-8,103

8,504

3,154

-23,275

-14,821

40,415

-26,539

14,797

17,737

-5,458

-25,208

-6,610

-9,542

21,671

4,204

-6,813

-14,946

25,840

-3,999

-28,965

-4,898

15,856

-1,582

-218

-8,549

13,539

-38,766

-6,388

-5,789

17,310

-8,630

11,918

11,839

2,317

42

-1,572

-2,065

11,762

49

Inventories

-281

253

-161

-12

-141

232

-257

-444

-776

-110

-730

-581

-639

111

-376

60

2

495

-72

113

-267

121

-216

-124

-42

682

-1,022

-510

478

-26,361

-2,400

3,279

-11,675

6,462

786

1,315

-2,396

1,835

-2,536

2,159

-2,455

2,548

Prepaid expenses and other current assets

5,393

4,957

-7,219

2,192

2,523

-6,224

-18,016

21,990

12,877

-7,419

-27,737

33,579

8,921

-27,481

6,289

5,528

3,354

-1,205

-14,495

6,421

-10,498

-16,683

-18,698

-4,099

9,368

-622

-39,302

24,842

11,229

-11,980

503

7,719

3,215

1,412

-16,710

4,395

16,744

-23,592

-35

3,169

14,544

5,289

Accounts payable

28,644

-7,984

-19,797

28,225

-10,269

6,365

1,755

6,877

-3,371

-371

-1,788

66

1,821

-3,458

10,205

-5,619

-9,233

7,386

1,591

2,149

3,164

-4,623

2,408

-4,760

7,361

-5,636

912

4,179

1,930

-33,966

2,131

783

-8,400

2,222

4,569

-220

126

-2,977

1,336

-246

-3,401

92

Accrued liabilities

2,958

-1,558

-16,868

15,895

9,766

-16,298

-3,676

1,306

-3,292

-32,667

8,151

5,198

7,937

-37,940

3,343

4,998

21,939

-25,403

-3,417

13,206

11,072

-20,063

190

20,493

3,238

-16,781

-17,756

11,452

4,885

-9,141

-12,963

6,973

28,086

-21,849

-2,504

-7,037

-

-892

-

-

-

-

Pension and postretirement contributions

1,557

2,025

1,068

1,455

1,560

2,111

1,083

1,307

1,367

1,710

1,253

1,337

1,333

1,440

86,352

6,445

6,372

1,883

11,015

6,246

1,233

6,880

11,242

6,276

1,273

6,558

10,718

6,116

1,527

5,525

10,320

3,425

5,577

996

1,268

1,050

849

1,623

5,357

6,891

6,535

5,289

Franchise tenant improvement allowance distributions

2,129

3,682

2,718

1,178

3,450

3,247

5,794

5,612

1,726

1,761

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-4,142

-80

6,657

-8,591

-2,753

-4,668

-6,075

-2,800

-4,221

-3,330

-3,185

-2,701

-4,735

-1,376

-5,159

-2,210

307

-1,089

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows provided by operating activities

36,240

22,687

51,612

55,977

23,215

37,601

44,687

30,091

-24,453

53,730

26,974

-8,452

45,369

69,798

-42,287

66,246

35,544

44,909

61,730

74,225

43,573

47,347

87,099

62,971

27,300

23,652

31,584

45,683

31,640

89,965

25,148

41,994

41,796

27,792

32,244

10,172

36,039

45,805

16,157

21,235

15,551

8,923

Cash flows from investing activities:
Purchases of property and equipment

5,575

7,202

22,608

6,850

7,008

11,183

12,112

7,383

7,554

10,793

14,289

9,085

7,015

8,581

-31,710

23,673

19,755

31,543

31,394

21,873

13,074

19,885

16,700

12,629

9,886

21,310

26,719

16,217

20,360

21,394

23,995

15,596

13,664

26,945

29,827

25,356

27,242

46,887

33,437

19,541

13,916

28,716

Acquisition of franchise-operated restaurants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

324

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of property and equipment

1,776

20,618

2,151

6,084

1,209

270

6,460

3,199

11

589

29

810

1,995

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of assets intended for sale and leaseback

-

-

-

-

-

-

-

0

4,080

1,411

-

1,440

35

1,717

3,907

12

2,307

3,274

2,073

2,968

5,355

0

-

-

-

-

860

33

11,808

13,357

4,362

9,565

10,954

11,046

-

-

-

-

-

-

-

-

Proceeds from the sale and leaseback of assets

-

-

1,391

1,112

1,944

0

1,765

2,622

0

4,949

3,591

0

0

2,466

7,713

0

1,945

5,803

0

0

0

0

0

3,593

0

2,105

10,878

13,661

9,379

13,513

9,387

9,145

6,169

3,143

2,783

19,084

2,001

4,668

-

-

5,533

3,356

Proceeds from the sale of company-operated restaurants

0

-1,575

-1,147

0

0

-133

-50,152

6,822

22,435

-5,591

-162,514

31,534

31,251

138

-2,873

413

0

1,021

1,300

21

1,456

1,174

2,337

357

7,374

468

22,204

5,549

2,033

833

17,862

7,289

20,715

1,249

42,360

27,327

5,505

44,083

14,117

32,942

7,518

11,575

Collections on notes receivable

0

0

1,520

8,748

-26

6,517

20,396

24,335

312

9,410

218

161

857

264

196

623

2,173

441

269

334

264

5,050

419

781

880

894

611

2,850

1,139

1,848

2,032

529

6,130

3,539

834

952

133

18,929

248

399

3,342

4,333

Funding of intercompany operations

-

-

-

-

-

-

-

-

-

13,122

-

-

-

5,805

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disbursements for loans to franchisees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-1

1,373

2,604

-

-

-

-

-

-

-

-

Payments to Acquire Businesses, Net of Cash Acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,750

1,050

0

3,214

7,800

683

9,067

33,000

6,195

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-48

48

0

-2,969

2,017

1,540

137

35

833

103

-42

28

-393

-102

-1,764

-22

-51

-2,802

0

-36

-321

-360

-1,652

-2,042

-29

-71

-230

-14

-29

-8,788

6,620

-2

-569

-1,476

-1,287

256

Cash flows provided by (used in) investing activities

-2,763

32,364

-14,769

9,094

-3,881

-4,263

24,868

29,547

13,064

-1,818

27,392

20,440

32,721

-13,183

35,270

-22,612

-17,902

-27,256

-31,505

-24,384

-14,945

-13,639

-16,675

-5,096

-1,651

-19,557

5,385

6,170

-21,179

-24,315

269

-17,193

-25,747

-38,845

-14,068

5,171

-47,700

20,795

-4,488

29,605

3,764

-9,708

Cash flows from financing activities:
Borrowings on revolving credit facilities

111,376

0

0

40,062

75,438

114,298

196,300

277,600

177,000

106,200

109,400

104,000

303,500

231,000

129,000

79,000

321,000

176,000

115,000

478,000

110,000

154,000

34,000

109,000

346,000

163,000

92,000

75,000

93,852

385,148

132,000

111,360

111,000

222,020

178,160

147,000

165,000

231,000

221,000

347,000

209,000

104,000

Repayments of borrowings on revolving credit facilities

3,500

0

707,420

72,000

63,500

117,300

111,600

213,000

68,300

130,800

133,300

95,000

138,000

167,000

441,578

112,000

167,000

97,000

70,000

538,000

62,000

98,000

61,000

81,000

276,000

103,000

102,000

80,000

93,852

445,148

157,436

136,780

117,029

191,295

152,000

104,000

128,000

221,000

209,000

219,000

206,000

87,000

Proceeds from issuance of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

200,000

0

0

0

0

-

-

-

-

-

-

-

-

Principal repayments on debt

3,442

198

304,539

10,854

10,850

10,907

10,936

11,045

268,418

14,208

14,202

14,326

14,340

14,398

6,458

6,586

4,586

8,479

180

190,221

2,717

5,279

137

2,713

180,219

10,330

163

5,243

5,235

165,305

5,177

5,271

5,282

5,380

5,211

2,818

2,809

2,922

2,735

370,070

21,326

24,705

Debt issuance costs

0

216

29,034

1,473

3,598

17

-1

0

1,367

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

6

4,386

0

0

741

0

0

0

614

375

-

-

-

-

Dividends paid on common stock

9,054

9,412

10,250

10,314

10,310

10,305

10,803

11,239

11,634

11,736

11,731

11,732

12,499

12,963

9,782

9,748

10,173

10,592

10,834

11,161

7,604

7,791

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of Ordinary Dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,990

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

3,375

184

535

453

129

114

5,594

2,326

39

0

-1

326

84

4,756

5,471

3,661

940

492

580

696

2,592

11,302

4,679

4,612

4,807

17,650

13,993

10,887

26,380

10,733

3,071

5,081

1,230

785

1,270

884

1,233

2,143

1,107

1,634

1,744

701

Repurchases of common stock

0

155,576

123,254

38

0

14,362

125,634

100,000

100,000

0

0

11,674

207,333

115,354

34,645

0

150,000

100,000

65,495

80,553

69,446

104,669

39,608

78,805

121,135

84,318

40,681

51,687

13,577

26,888

23,112

0

0

6,901

55,049

63,050

25,000

50,000

47,000

0

10,000

40,000

Change in book overdraft

-

0

-

-

-

9,234

-1,577

-1,970

1,526

-129

2,151

0

-7,804

7,804

-1,213

-1,482

-6,600

9,295

0

0

-423

423

-2,355

-3,267

-3,106

7,880

-1,094

-1,891

-17,287

-19,406

22,301

78

-7,659

-6,147

13,645

3,712

-344

-19,786

22,315

-1,413

6,711

7,114

Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,020

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from share-based compensation arrangements

-

-

-

-

-

-

0

0

0

-

99

99

53

3,981

-

-

-

-

821

708

2,540

14,533

2,497

3,150

6,710

5,307

833

662

-76

675

590

238

96

191

407

243

377

263

803

544

509

181

Payroll tax payments for equity award issuances

1,334

3,108

178

88

119

2,498

469

2,982

24

4,244

306

3,228

0

5,706

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows used in financing activities

97,421

-168,326

102,271

-54,214

-22,044

-31,743

-59,124

-60,310

-271,178

-54,917

-47,890

-31,535

-76,339

-67,880

46,445

-45,784

-15,988

-28,264

-30,196

-42,473

-27,058

-35,481

-69,742

-57,093

-26,470

-3,811

-37,112

-52,272

-9,801

-64,577

-27,763

-25,294

-18,385

13,273

-18,778

-18,029

9,843

-60,677

-13,932

-50,431

-19,362

-39,709

Cash flows provided by (used in) continuing operations

130,898

-113,275

139,114

10,857

-2,710

1,595

10,431

-672

-282,567

-3,005

6,476

-19,547

1,751

-11,265

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,123

3,088

1,571

-

-221

3,912

5,998

600

2,300

620

3,201

-1,320

3,332

1,343

-1,938

7,810

12,427

-9,907

3,007

-43,620

9,646

-5,651

32,303

Net cash provided by operating activities of discontinued operations

-

-

-

-

-

-

-336

-344

-11,282

16,785

5,261

25,435

4,024

12,668

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities of discontinued operations

-

-

-

-

-

-

-7,528

0

287,301

-13,648

-11,596

-4,647

-5,484

-12,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities of discontinued operations

-

-

-

-

-

-

0

0

-35

-43

-39

-37

-22

-40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by discontinued operations

-

-

-

-

-

-

-7,864

-344

275,984

3,094

-6,374

20,751

-1,482

324

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-54

-2

45

-32

8

-48

8

3

4

-2

0

5

4

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,152

1,699

-10,643

37

7,320

1,578

-1,770

686

780

-821

289

-139

-419

660

1,073

-2,346

-493

-2,336

2,220

-602

-2,686

-1,818

5,923

-2,263

409

-47

-40,494