JACK IN THE BOX INC, 10-Q filed on 5/17/2023
Quarterly Report
v3.23.1
COVER PAGE - shares
 6 Months Ended
Apr. 16, 2023
May 11, 2023
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Apr. 16, 2023  
Document Transition Report false  
Entity File Number 1-9390  
Entity Registrant Name JACK IN THE BOX INC.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 95-2698708  
Entity Address, Address Line One 9357 Spectrum Center Blvd.  
Entity Address, City or Town San Diego  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 92123  
City Area Code 858  
Local Phone Number 571-2121  
Title of 12(b) Security Common Stock  
Trading Symbol JACK  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   20,389,243
Entity Central Index Key 0000807882  
Current Fiscal Year End Date --10-01  
Document Fiscal Year Focus 2023  
Document Fiscal Period Focus Q2  
Amendment Flag false  
v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 16, 2023
Oct. 02, 2022
Current assets:    
Cash $ 94,911 $ 108,890
Restricted cash 27,925 27,150
Accounts and other receivables, net 96,657 103,803
Inventories 5,287 5,264
Prepaid expenses 10,856 16,095
Current assets held for sale 9,013 17,019
Other current assets 5,340 4,772
Total current assets 249,989 282,993
Property and equipment:    
Property and equipment, at cost 1,251,969 1,228,916
Less accumulated depreciation and amortization (832,065) (810,752)
Property and equipment, net 419,904 418,164
Other assets:    
Operating lease right-of-use assets 1,347,035 1,332,135
Intangible assets, net 11,699 12,324
Trademarks 283,500 283,500
Goodwill 353,611 366,821
Other assets, net 237,643 226,569
Total other assets 2,233,488 2,221,349
Total assets 2,903,381 2,922,506
Current liabilities:    
Current maturities of long-term debt 29,976 30,169
Current operating lease liabilities 166,776 171,311
Accounts payable 58,476 66,271
Accrued liabilities 243,535 253,932
Total current liabilities 498,763 521,683
Long-term liabilities:    
Long-term debt, net of current maturities 1,737,032 1,799,540
Long-term operating lease liabilities, net of current portion 1,195,644 1,165,097
Deferred tax liabilities 40,544 37,684
Other long-term liabilities 132,841 134,694
Total long-term liabilities 3,106,061 3,137,015
Stockholders’ deficit:    
Preferred stock $0.01 par value, 15,000,000 shares authorized, none issued 0 0
Common stock $0.01 par value, 175,000,000 shares authorized, 82,628,545 and 82,580,599 issued, respectively 826 826
Capital in excess of par value 514,395 508,323
Retained earnings 1,904,348 1,842,947
Accumulated other comprehensive loss (53,127) (53,982)
Treasury stock, at cost, 62,230,963 and 61,799,221 shares, respectively (3,067,885) (3,034,306)
Total stockholders’ deficit (701,443) (736,192)
Total liabilities and stockholders' equity $ 2,903,381 $ 2,922,506
v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
Apr. 16, 2023
Oct. 02, 2022
Statement of Financial Position [Abstract]    
Preferred stock, par value (in usd per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 15,000,000 15,000,000
Preferred stock, shares issued (in shares) 0 0
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 175,000,000 175,000,000
Common stock, shares issued (in shares) 82,628,545 82,580,599
Treasury stock (in shares) 62,230,963 61,799,221
v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Revenues $ 395,744 $ 322,294 $ 922,840 $ 667,005
Operating costs and expenses, net:        
Food and packaging 59,310 46,871 141,243 84,408
Payroll and employee benefits 65,035 50,910 153,676 90,635
Occupancy and other 39,275 29,171 90,646 50,048
Franchise occupancy expenses 52,649 49,244 119,873 113,227
Franchise support and other costs 3,260 5,015 5,137 8,926
Franchise advertising and other services expenses     132,713 112,566
Selling, general and administrative expenses 39,405 28,213 89,547 53,242
Depreciation and amortization 14,598 11,545 34,000 24,041
Pre-opening costs 154 266 485 576
Other operating expenses (income), net     (2,521) 18,210
Gains on the sale of company-operated restaurants (704) (810) (4,529) (858)
Total operating costs and expenses 334,105 284,050 760,270 555,021
Earnings from operations 61,639 38,244 162,570 111,984
Other pension and post-retirement expenses, net 1,607 70 3,751 163
Interest expense, net 19,357 26,481 45,505 46,668
Earnings before income taxes 40,675 11,693 113,314 65,153
Income taxes 14,168 3,897 33,553 18,087
Net earnings $ 26,507 $ 7,796 $ 79,761 $ 47,066
Earnings per share:        
Basic (in USD per share) $ 1.28 $ 0.37 $ 3.83 $ 2.22
Diluted (in USD per share) 1.27 0.37 3.81 2.21
Cash dividends declared per common share (in USD per share) $ 0.44 $ 0.44 $ 0.88 $ 0.88
Company restaurant sales        
Revenues $ 202,604 $ 151,309 $ 472,795 $ 271,365
Franchise rental revenues        
Revenues 83,520 76,556 192,350 179,655
Operating costs and expenses, net:        
Franchise advertising and other services expenses 58,143 49,258    
Franchise royalties and other        
Revenues 53,982 47,101 130,372 107,856
Franchise contributions for advertising and other services        
Revenues $ 55,638 $ 47,328 $ 127,323 $ 108,129
v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Statement of Comprehensive Income [Abstract]        
Net earnings $ 26,507 $ 7,796 $ 79,761 $ 47,066
Other comprehensive income:        
Actuarial losses and prior service costs reclassified to earnings 495 746 1,159 1,743
Unrecognized periodic benefit costs 495 746 1,159 1,743
Tax effect (129) (193) (304) (452)
Other comprehensive income, net of taxes 366 553 855 1,291
Comprehensive income $ 26,873 $ 8,349 $ 80,616 $ 48,357
v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Cash flows from operating activities:    
Net earnings $ 79,761 $ 47,066
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 34,000 24,041
Amortization of franchise tenant improvement allowances and incentives 2,237 2,127
Deferred finance cost amortization 2,787 3,060
Loss on extinguishment of debt 0 7,700
Tax deficiency from share-based compensation arrangements 142 49
Deferred income taxes 1,496 5,529
Share-based compensation expense 5,932 3,934
Pension and post-retirement expense 3,751 163
(Gains) losses on cash surrender value of company-owned life insurance (8,007) 3,163
Gains on the sale of company-operated restaurants (4,529) (858)
Gains on the disposition of property and equipment, net (8,615) (286)
Impairment charges and other 549 1,109
Changes in assets and liabilities, excluding acquisitions:    
Accounts and other receivables (1,456) 26,257
Inventories (23) (277)
Prepaid expenses and other current assets 6,344 (6,716)
Operating lease right-of-use assets and lease liabilities 8,561 9,155
Accounts payable (15,994) 1,297
Accrued liabilities (7,043) (52,286)
Pension and post-retirement contributions (3,234) (3,693)
Franchise tenant improvement allowance and incentive disbursements (2,052) (1,629)
Other (499) (1,077)
Cash flows provided by operating activities 94,108 67,828
Cash flows from investing activities:    
Purchases of property and equipment (37,196) (20,781)
Acquisition of Del Taco, net of cash acquired 0 (580,792)
Proceeds from the sale of property and equipment 23,371 2,245
Proceeds from the sale and leaseback of assets 3,673 1,861
Proceeds from the sale of company-operated restaurants 18,417 600
Other 1,465 (1,315)
Cash flows provided by (used in) investing activities 9,730 (598,182)
Cash flows from financing activities:    
Borrowings on revolving credit facilities 0 63,000
Repayments of borrowings on revolving credit facilities (50,000) (9,000)
Proceeds from the issuance of debt 0 1,100,000
Principal repayments on debt (15,088) (572,958)
Payment of debt issuance costs 0 (20,274)
Dividends paid on common stock (18,218) (18,526)
Proceeds from issuance of common stock 0 51
Repurchases of common stock (32,621) 0
Payroll tax payments for equity award issuances (1,115) (874)
Cash flows (used in) provided by financing activities (117,042) 541,419
Net (decrease) increase in cash and restricted cash (13,204) 11,065
Cash and restricted cash at beginning of period 136,040 73,568
Cash and restricted cash at end of period $ 122,836 $ 84,633
v3.23.1
BASIS OF PRESENTATION
 6 Months Ended
Apr. 16, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
BASIS OF PRESENTATION BASIS OF PRESENTATION
Nature of operations — Jack in the Box Inc. (the “Company”), together with its consolidated subsidiaries, develops, operates, and franchises quick-service restaurants under the Jack in the Box® and Del Taco® restaurant brands.
On March 8, 2022, the Company acquired Del Taco Restaurants, Inc. (“Del Taco”) for cash according to the terms and conditions of the Agreement and Plan of Merger, dated as of December 5, 2021. Del Taco is a nationwide operator and franchisor of restaurants featuring fresh and fast Mexican and American inspired cuisines.
As of April 16, 2023, there were 140 company-operated and 2,047 franchise-operated Jack in the Box restaurants and 273 company-operated and 322 franchise-operated Del Taco restaurants.
References to the Company throughout these notes to condensed consolidated financial statements are made using the first person notations of “we,” “us” and “our.”
Basis of presentation — The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”).
These financial statements should be read in conjunction with the consolidated financial statements and related notes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended October 2, 2022 (“2022 Form 10-K”). The accounting policies used in preparing these condensed consolidated financial statements are the same as those described in our 2022 Form 10-K.
In our opinion, all adjustments considered necessary for a fair presentation of financial condition and results of operations for these interim periods have been included. Operating results for one interim period are not necessarily indicative of the results for any other interim period or for the full year.
Fiscal year — The Company’s fiscal year is 52 or 53 weeks ending the Sunday closest to September 30. Our Del Taco subsidiary operates on a fiscal year ending the Tuesday closest to September 30. Fiscal years 2023 and 2022 include 52 weeks. Our first quarter includes 16 weeks and all other quarters include 12 weeks. All comparisons between 2023 and 2022 refer to the 12 weeks (“quarter”) and 28 weeks (year-to-date”) ended April 16, 2023 and April 17, 2022, respectively, unless otherwise indicated.
Use of estimates — In preparing the condensed consolidated financial statements in conformity with U.S. GAAP, management is required to make certain assumptions and estimates that affect reported amounts of assets, liabilities, revenues, expenses and the disclosure of contingencies. In making these assumptions and estimates, management may from time to time seek advice and consider information provided by actuaries and other experts in a particular area. Actual amounts could differ materially from these estimates.
Advertising costs — The Company administers marketing funds at each of its restaurant brands that include contractual contributions. In 2023 and 2022, marketing fund contributions from Jack in the Box franchise and company-operated restaurants were approximately 5.0% of sales, and marketing fund contributions from Del Taco franchise and company-operated restaurants were approximately 4.0% of sales. Year-to-date incremental contributions made by the Company for Jack in the Box brand were less than $0.1 million in 2023. No incremental contributions were made in 2022.
Total contributions made by the Company are included in “Selling, general, and administrative expenses” in the accompanying condensed consolidated statements of earnings and for the quarter and year-to-date totaled $9.2 million and $21.3 million, respectively, in 2023 and $7.1 million and $13.1 million, respectively, in 2022.
Allowance for credit losses — The Company closely monitors the financial condition of its franchisees and estimates the allowance for credit losses based on the lifetime expected loss on receivables. These estimates are based on historical collection experience with franchisees as well as other factors, including current market conditions and events. Credit quality is monitored through the timing of payments compared to predefined aging criteria and known facts regarding the financial condition of the franchisee or customer. Account balances are charged off against the allowance after recovery efforts have ceased.
The following table summarizes the activity in the allowance for doubtful accounts (in thousands):
Year-to-date
April 16,
2023		April 17,
2022
Balance as of beginning of period$(5,975)$(6,292)
Reversal (provision) for expected credit losses 1,911 (3,445)
Write-offs charged against the allowance— 3,993 
Balance as of end of period$(4,064)$(5,744)
Business combinations — The Company accounts for acquisitions using the acquisition method of accounting. Accordingly, assets acquired and liabilities assumed are recorded at their estimated fair values at the acquisition date. The excess of purchase price over fair value of net assets acquired, including the amount assigned to identifiable intangible assets, is recorded as goodwill.
Recent accounting pronouncements — The Company reviewed all recently issued accounting pronouncements and concluded that they were either not applicable or not expected to have a significant impact on its condensed consolidated financial statements.
v3.23.1
REVENUE
 6 Months Ended
Apr. 16, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Nature of products and services — The Company derives revenue from retail sales at Jack in the Box and Del Taco company-operated restaurants and rental revenue, royalties, advertising, and franchise and other fees from franchise-operated restaurants.
Our franchise arrangements generally provide for an initial franchise fee per restaurant for a 20-year term, and generally require that franchisees pay royalty and marketing fees based upon a percentage of gross sales. The agreements also require franchisees to pay technology fees, as well as sourcing fees for Jack in the Box franchise agreements.
Disaggregation of revenue — The following table disaggregates revenue by segment and primary source for the quarter ended April 16, 2023 (in thousands):
QuarterYear-to-date
Jack in the BoxDel TacoTotalJack in the BoxDel TacoTotal
Company restaurant sales$95,489 $107,115 $202,604 $221,631 $251,164 $472,795 
Franchise rental revenues80,910 2,610 83,520 187,006 5,344 192,350 
Franchise royalties46,401 5,657 52,058 113,970 12,591 126,561 
Marketing fees46,486 4,609 51,095 106,830 10,263 117,093 
Technology and sourcing fees3,875 668 4,543 8,844 1,386 10,230 
Franchise fees and other services1,671 253 1,924 3,468 343 3,811 
Total revenue$274,832 $120,912 $395,744 $641,749 $281,091 $922,840 
The following table disaggregates revenue by segment and primary source for the quarter ended April 17, 2022 (in thousands):
QuarterYear-to-date
Jack in the BoxDel TacoTotalJack in the BoxDel TacoTotal
Company restaurant sales$94,250 $57,059 $151,309 $214,306 $57,059 $271,365 
Franchise rental revenues75,692 864 76,556 178,791 864 179,655 
Franchise royalties42,933 2,645 45,578 100,581 2,645 103,226 
Marketing fees41,390 2,158 43,548 97,191 2,158 99,349 
Technology and sourcing fees3,575 205 3,780 8,575 205 8,780 
Franchise fees and other services1,497 26 1,523 4,604 26 4,630 
Total revenue$259,337 $62,957 $322,294 $604,048 $62,957 $667,005 
In October 2022, a Jack in the Box franchise operator paid the Company $7.3 million in order to sell his restaurants to a new franchisee at the current standard royalty rate, which is lower than the royalty rate in the existing franchise agreements. The payment represented the difference between the existing royalty rate and the new royalty rate based on projected future sales for the remaining term of the existing agreements. The payment is non-refundable and not subject to any adjustments based on actual future sales. The Company determined the transaction represented the termination of the existing agreement rather than the transfer of an agreement between franchisees. As such, the $7.3 million was recognized in franchise royalty revenue during the first quarter of 2023.
Contract liabilities — Contract liabilities consist of deferred revenue resulting from initial franchise and development fees received from franchisees for new restaurant openings or new franchise terms, which are recognized over the franchise term. The Company classifies these contract liabilities as “Accrued liabilities” and “Other long-term liabilities” in our condensed consolidated balance sheets.
A summary of significant changes in contract liabilities is presented below (in thousands):
Year-to-date
April 16,
2023		April 17,
2022
Deferred franchise and development fees at beginning of period$46,449 $41,520 
Changes due to business combinations— 6,193 
Revenue recognized (2,934)(2,995)
Additions 3,332 2,379 
Deferred franchise and development fees at end of period$46,847 $47,097 
As of April 16, 2023, approximately $6.6 million of development fees related to unopened stores are included in deferred revenue. Timing of revenue recognition for development fees related to unopened stores is dependent upon the timing of store openings and are recognized over the franchise term at the date of opening.
The following table reflects the estimated franchise fees to be recognized in the future related to performance obligations that are unsatisfied as of April 16, 2023 (in thousands):
Remainder of 2023$2,359 
20244,924 
20254,688 
20264,361 
20274,004 
Thereafter19,892 
$40,228 
The Company has applied the optional exemption, as provided for under ASC Topic 606, Revenue from Contracts with Customers, which allows us to not disclose the transaction price allocated to unsatisfied performance obligations when the transaction price is a sales-based royalty.
v3.23.1
BUSINESS COMBINATION
 6 Months Ended
Apr. 16, 2023
Business Combinations [Abstract]  
BUSINESS COMBINATION BUSINESS COMBINATION
On March 8, 2022, the Company acquired 100% of the outstanding equity interest of Del Taco for cash according to the terms and conditions of the Agreement and Plan of Merger, dated as of December 5, 2021. Jack in the Box acquired Del Taco as a part of the Company’s goal to gain greater scale and accelerate growth. Refer to the Company’s Annual Report on Form 10-K for the fiscal year ended October 2, 2022 for further discussion regarding the acquisition, including the purchase consideration, purchase price allocation, goodwill and identifiable intangible assets.
Unaudited pro forma results — The following unaudited pro forma combined financial information presents the Company’s results as though Del Taco and the Company had been combined as of the beginning of fiscal year 2021 (in thousands):
QuarterYear-to-date
April 17,
2022		April 17,
2022
Total revenue
$382,051 $885,082 
Net earnings
$21,830 $50,696 
The unaudited pro forma financial information for all periods presented includes the business combination accounting effects resulting from the acquisition, mainly including adjustments to reflect additional amortization expense from acquired intangibles, incremental depreciation expense from the fair value property and equipment, elimination of historical interest expense associated with both Del Taco’s and the Company’s historical indebtedness, additional interest expense associated with the new Del Taco revolving credit facility and the Company’s new borrowings as part of the refinancing to fund the acquisition, adjusted rent expense reflecting the acquired right-of-use assets and liabilities to their estimated acquisition-date values based upon valuation of related lease intangibles and remaining payments, as well as the fair value adjustments made to leasehold improvements, certain material non-recurring adjustments and the tax-related effects as though Del Taco was combined as of the beginning of fiscal 2021. The unaudited pro forma financial information as presented above is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of fiscal 2021, nor is it necessarily an indication of trends in future results for a number of reasons, including, but not limited to, differences between the assumptions used to prepare the pro forma information, cost savings from operating efficiencies, potential synergies, and the impact of incremental costs incurred in integrating the businesses.
For the periods subsequent to the acquisition that are included in the quarter and year-to-date of 2022, Del Taco had total revenues of $63.0 million and net earnings of $2.5 million.
v3.23.1
SUMMARY OF REFRANCHISINGS AND FRANCHISE ACQUISITIONS
 6 Months Ended
Apr. 16, 2023
Summary Of Refranchisings, Franchisee Development And Acquisitions [Abstract]  
SUMMARY OF REFRANCHISINGS AND FRANCHISE ACQUISITIONS SUMMARY OF REFRANCHISINGS AND FRANCHISE ACQUISITIONS
Refranchisings — The following table summarizes the number of restaurants sold to franchisees and gains recognized (dollars in thousands):
QuarterYear-to-date
April 16,
2023 (1)		April 17,
2022 (1)		April 16,
2023		April 17,
2022 (1)
Restaurants sold to Jack in the Box franchisees— — 5— 
Restaurants sold to Del Taco franchisees— — 16— 
Proceeds from the sale of company-operated restaurants$808 $552 $18,417 $600 
Net assets sold (primarily property and equipment)— — (4,093)— 
Goodwill related to the sale of company-operated restaurants— — (7,310)— 
Franchise fees— — (577)— 
Sublease liabilities— — (1,197)— 
Lease termination— — (393)— 
Other(104)258 (318)258 
Gains on the sale of company-operated restaurants$704 $810 $4,529 $858 
________________________
(1)Amounts in periods presented for 2022 and the second quarter of 2023 primarily relate to additional proceeds received in connection with the extension of franchise and lease agreements from the sale of restaurants in prior years.
Franchise acquisitions — In 2023, the Company did not acquire any franchise restaurants. In 2022, the Company acquired thirteen Jack in the Box franchise restaurants in two markets. We account for the acquisition of franchised restaurants using the acquisition method of accounting for business combinations. The purchase price allocations were based on fair value estimates determined using significant unobservable inputs (Level 3). These acquisitions were not material to our condensed consolidated financial statements.
Assets held for sale — Assets classified as held for sale on our condensed consolidated balance sheets as of April 16, 2023 and October 2, 2022 have carrying amounts of $9.0 million and $17.0 million, respectively. These amounts relate to i) company-owned restaurants to be refranchised, ii) operating restaurant properties which we intend to sell to franchisees and/or sell and leaseback with a third party and iii) closed restaurant properties which we are marketing for sale.
v3.23.1
GOODWILL AND INTANGIBLE ASSETS, NET
 6 Months Ended
Apr. 16, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS, NET GOODWILL AND INTANGIBLE ASSETS, NET
The changes in the carrying amount of goodwill during fiscal 2023 and 2022 were as follows (in thousands):
Jack in the BoxDel TacoTotal
Balance at October 2, 2022$136,099 $230,722 $366,821 
Sale of Del Taco company-operated restaurants to franchisees— (7,238)(7,238)
Sale of Jack in the Box company-operated restaurants to franchisees(72)— (72)
Reclassified to assets held for sale— (5,900)(5,900)
Balance at April 16, 2023$136,027 $217,584 $353,611 
The net carrying amounts of intangible assets other than goodwill with definite lives are as follows (in thousands):
April 16,
2023		October 2,
2022
Gross AmountAccumulated AmortizationNet AmountGross AmountAccumulated AmortizationNet Amount
Definite-lived intangible assets:
Sublease assets$2,671 $(270)$2,401 $2,671 $(139)$2,532 
Franchise contracts9,700 (601)9,099 9,700 (311)9,389 
Reacquired franchise rights297 (98)199 530 (127)403 
$12,668 $(969)$11,699 $12,901 $(577)$12,324 
Indefinite-lived intangible assets:
Del Taco trademark$283,500 $— $283,500 $283,500 $— $283,500 
$283,500 $— $283,500 $283,500 $— $283,500 
The following table summarizes, as of April 16, 2023, the estimated amortization expense for each of the next five fiscal years (in thousands):
Remainder of 2023$369 
2024801 
2025801 
2026801 
2027801 
Thereafter8,126 
$11,699 
v3.23.1
LEASES
 6 Months Ended
Apr. 16, 2023
Leases [Abstract]  
LEASES LEASES
Nature of leases — The Company owns restaurant sites and also leases restaurant sites from third parties. Some of these owned or leased sites are leased and/or subleased to franchisees. Initial terms of our real estate leases are generally 20 years, exclusive of options to renew, which are generally exercisable at our sole discretion for 1 to 20 years. In some instances, our leases have provisions for contingent rentals based upon a percentage of defined revenues. Many of our restaurants also have rent escalation clauses and require the payment of property taxes, insurance, and maintenance costs. Variable lease costs include contingent rent, cost-of-living index adjustments, and payments for additional rent such as real estate taxes, insurance, and common area maintenance, which are excluded from the measurement of the lease liability.
As lessor, our leases and subleases primarily consist of restaurants that have been leased to franchisees in connection with refranchising transactions. Revenues from leasing arrangements with our franchisees are presented in “Franchise rental revenues” in the accompanying condensed consolidated statements of earnings, and the related expenses are presented in “Franchise occupancy expenses.”
The following table presents rental income (in thousands):
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Operating lease income - franchise$55,713 $52,988 $129,233 $124,345 
Variable lease income - franchise27,744 23,540 62,979 55,282 
Amortization of favorable and unfavorable sublease contracts, net63 28 138 28 
Franchise rental revenues$83,520 $76,556 $192,350 $179,655 
Operating lease income - closed restaurants and other (1)$1,785 $1,407 $4,025 $3,065 
____________________________
(1)Primarily relates to closed restaurant properties included in “Other operating (income) expenses, net” in our condensed consolidated statements of earnings.
v3.23.1
FAIR VALUE MEASUREMENTS
 6 Months Ended
Apr. 16, 2023
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS
Financial assets and liabilities — The following table presents our financial assets and liabilities measured at fair value on a recurring basis (in thousands):
TotalQuoted Prices
in Active
Markets for
Identical
Assets (2)
(Level 1)		Significant
Other
Observable
Inputs (2)
(Level 2)		Significant
Unobservable
Inputs (2)
(Level 3)
Fair value measurements as of April 16, 2023:
Non-qualified deferred compensation plan (1)$14,853 $14,853 $— $— 
Total liabilities at fair value$14,853 $14,853 $— $— 
Fair value measurements as of October 2, 2022:
Non-qualified deferred compensation plan (1)$13,820 $13,820 $— $— 
Total liabilities at fair value$13,820 $13,820 $— $— 
____________________________
(1)The Company maintains an unfunded defined contribution plan for key executives and other members of management. The fair value of this obligation is based on the closing market prices of the participants’ elected investments. The obligation is included in “Accrued liabilities” and “Other long-term liabilities” on our condensed consolidated balance sheets.
(2)The Company did not have any transfers in or out of Level 1, 2 or 3.
The following table presents the carrying value and estimated fair value of our Class A-2 Notes as of April 16, 2023 and October 2, 2022 (in thousands):
April 16,
2023		October 2,
2022
Carrying AmountFair ValueCarrying AmountFair Value
Series 2019 Class A-2 Notes$710,500 $656,556 $714,125 $641,851 
Series 2022 Class A-2 Notes$1,078,000 $935,920 $1,089,000 $917,428 
The fair value of the Class A-2 Notes was estimated using Level 2 inputs based on quoted market prices in markets that are not considered active markets.
Non-financial assets and liabilities — The Company’s non-financial instruments, which primarily consist of property and equipment, operating lease right-of-use assets, goodwill and intangible assets, are reported at carrying value and are not required to be measured at fair value on a recurring basis. However, on an annual basis, or whenever events or changes in circumstances indicate that their carrying value may not be recoverable, non-financial instruments are assessed for impairment. If applicable, the carrying values are written down to fair value.
In connection with our impairment reviews performed during 2023, no material fair value adjustments were required.
v3.23.1
OTHER OPERATING (INCOME) EXPENSES, NET
 6 Months Ended
Apr. 16, 2023
Restructuring and Related Activities [Abstract]  
OTHER OPERATING EXPENSE, NET OTHER OPERATING EXPENSES (INCOME), NET
Other operating expenses (income), net in the accompanying condensed consolidated statements of earnings is comprised of the following (in thousands):
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Acquisition, integration, and restructuring costs (1)$1,259 $13,098 $2,896 $16,111 
Costs of closed restaurants and other (2)560 650 2,745 1,722 
Accelerated depreciation185 288 453 663 
(Gains) losses on disposition of property and equipment, net (3)976 331 (8,615)(286)
$2,980 $14,367 $(2,521)$18,210 
____________________________
(1)Acquisition, integration, and restructuring costs are related to the acquisition and integration of Del Taco.
(2)Costs of closed restaurants and other primarily include impairment charges as a result of our decision to close restaurants, ongoing costs associated with closed restaurants, and canceled project costs.
(3)The 2023 year-to-date gains on disposition of property and equipment primarily relate to the sale of Jack in the Box restaurant properties to franchisees who were leasing the properties from us prior to the sale.
v3.23.1
SEGMENT REPORTING
 6 Months Ended
Apr. 16, 2023
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company’s principal business consists of developing, operating and franchising our Jack in the Box and Del Taco restaurant brands, each of which is considered a reportable operating segment. This segment reporting structure reflects our current management structure, internal reporting method and financial information used in deciding how to allocate our resources. Based upon certain quantitative thresholds, each operating segment is considered a reportable segment.
The Company measures and evaluates our segments based on segment revenues and segment profit. Our measure of segment profit excludes depreciation and amortization, share-based compensation, company-owned life insurance (“COLI”) gains/losses, net of changes in our non-qualified deferred compensation obligation supported by these policies, acquisition, integration, and restructuring costs, gains on the sale of company-operated restaurants, and amortization of favorable and unfavorable leases and subleases, net.
The following table provides information related to our operating segments in each period (in thousands):
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Revenues by segment:
Jack in the Box$274,832 $259,337 $641,749 $604,048 
Del Taco120,912 62,957 281,091 62,957 
Consolidated revenues$395,744 $322,294 $922,840 $667,005 
Segment operating profit:
Jack in the Box$70,286 $61,321 $174,712 $151,984 
Del Taco8,893 6,056 20,964 6,056 
Total segment operating profit$79,179 $67,377 $195,676 $158,040 
Depreciation and amortization14,598 11,545 34,000 24,041 
Acquisition, integration, and restructuring costs1,259 13,098 2,896 16,111 
Share-based compensation2,398 2,916 5,932 3,934 
Net COLI (gains) losses(844)2,136 (6,568)2,580 
Gains on the sale of company-operated restaurants(704)(810)(4,529)(858)
Amortization of favorable and unfavorable leases and subleases, net833 248 1,375 248 
Earnings from operations$61,639 $38,244 $162,570 $111,984 
Total capital expenditures by segment:
Jack in the Box$8,606 $7,929 $23,862 $17,330 
Del Taco4,562 3,451 13,334 3,451 
Total capital expenditures$13,168 $11,380 $37,196 $20,781 
Total depreciation and amortization by segment:
Jack in the Box$8,283 $9,340 $19,312 $21,836 
Del Taco6,315 2,205 14,688 2,205 
Total depreciation and amortization$14,598 $11,545 $34,000 $24,041 
The Company does not evaluate, manage or measure performance of segments using asset, interest income and expense, or income tax information; accordingly, this information by segment is not prepared or disclosed.
v3.23.1
INCOME TAXES
 6 Months Ended
Apr. 16, 2023
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXESThe income tax provisions reflect effective tax rate of 34.8% in the second quarter of 2023 as compared to 33.3% in the prior year, and 29.6% for the year-to-date period, compared with 27.8% in the same period in fiscal year 2022. The major components of the year-over-year increase in tax rates were the impact of estimated disposals of non-deductible goodwill attributable to refranchising transactions, partially offset by non-taxable gains in the current year as opposed to non-deductible losses in the prior year from the market performance of insurance products used to fund certain non-qualified retirement plans and non-deductible transaction costs resulting from the Del Taco acquisition recorded in the prior year.
v3.23.1
RETIREMENT PLANS
 6 Months Ended
Apr. 16, 2023
Retirement Benefits [Abstract]  
RETIREMENT PLANS RETIREMENT PLANS
Defined benefit pension plans — The Company sponsors two defined benefit pension plans, a frozen “Qualified Plan” covering substantially all full-time employees hired prior to January 1, 2011, and an unfunded supplemental executive retirement plan (“SERP”) which provides certain employees additional pension benefits and was closed to new participants effective January 1, 2007. Benefits under both plans are based on the employee’s years of service and compensation over defined periods of employment.
Post-retirement healthcare plans — The Company also sponsors two healthcare plans, closed to new participants, that provide post-retirement medical benefits to certain employees who have met minimum age and service requirements. The plans are contributory, with retiree contributions adjusted annually, and they contain other cost-sharing features such as deductibles and coinsurance.
Net periodic benefit cost (credit) — The components of net periodic benefit cost in each period were as follows (in thousands): 
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Defined benefit pension plans:
Interest cost$4,435 $3,389 $10,348 $7,904 
Expected return on plan assets(3,485)(4,178)(8,133)(9,747)
Actuarial losses (1)707 890 1,651 2,078 
Amortization of unrecognized prior service costs (1)4 4 10 10 
Net periodic benefit cost $1,661 $105 $3,876 $245 
Post-retirement healthcare plans:
Interest cost$162 $113 $377 $263 
Actuarial gains (1)(216)(148)(502)(345)
Net periodic benefit credit$(54)$(35)$(125)$(82)
____________________________
(1)Amounts were reclassified from accumulated other comprehensive income into net earnings as a component of “Other pension and post-retirement expenses, net.”
Future cash flows — The Company’s policy is to fund our plans at or above the minimum required by law. As of January 1, 2022, the date of our last actuarial funding valuation, there was no minimum contribution funding requirement for the Qualified Plan. Details regarding 2023 contributions are as follows (in thousands):
SERPPost-Retirement
Healthcare Plans
Net year-to-date contributions$2,620 $614 
Remaining estimated net contributions during fiscal 2023$2,593 $498 
The Company continues to evaluate contributions to our Qualified Plan based on changes in pension assets as a result of asset performance in the current market and the economic environment. The Company does not anticipate making any contributions to our Qualified Plan in fiscal 2023.
v3.23.1
STOCKHOLDERS’ DEFICIT
 3 Months Ended
Apr. 16, 2023
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS’ DEFICIT STOCKHOLDERS’ DEFICIT
Summary of changes in stockholders’ deficit — A reconciliation of the beginning and ending amounts of stockholders’ deficit is presented below (in thousands):
Number
of Shares		AmountCapital in
Excess of
Par Value		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Treasury
Stock		Total
Balance at October 2, 202282,581 $826 $508,323 $1,842,947 $(53,982)$(3,034,306)$(736,192)
Shares issued under stock plans, including tax benefit36 — — — — — — 
Share-based compensation— — 3,534 — — — 3,534 
Dividends declared— — 67 (9,221)— — (9,154)
Purchases of treasury stock— — — — — (14,999)(14,999)
Net earnings— — — 53,254 — — 53,254 
Other comprehensive income— — — — 489 — 489 
Balance at January 22, 202382,617 $826 $511,924 $1,886,980 $(53,493)$(3,049,305)$(703,068)
Shares issued under stock plans, including tax benefit12 — — — — — — 
Share-based compensation— — 2,398 — — — 2,398 
Dividends declared— — 73 (9,139)— — (9,066)
Purchases of treasury stock— — — — — (18,580)(18,580)
Net earnings— — — 26,507 — — 26,507 
Other comprehensive income— — — — 366 — 366 
Balance at April 16, 202382,629 $826 $514,395 $1,904,348 $(53,127)$(3,067,885)$(701,443)
Number
of Shares		AmountCapital in
Excess of
Par Value		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Treasury
Stock		Total
Balance at October 3, 202182,536 $825 $500,441 $1,764,412 $(74,254)$(3,009,306)$(817,882)
Shares issued under stock plans, including tax benefit28 1 48 — — — 49 
Share-based compensation— — 1,018 — — — 1,018 
Dividends declared— — 63 (9,320)— — (9,257)
Net earnings— — — 39,270 — — 39,270 
Other comprehensive income— — — — 738 — 738 
Balance at January 23, 202282,564 $826 $501,570 $1,794,362 $(73,516)$(3,009,306)$(786,064)
Shares issued under stock plans, including tax benefit5 — 2 — — — 2 
Share-based compensation— — 2,916 — — — 2,916 
Dividends declared— — 65 (9,334)— — (9,269)
Fair value of assumed Del Taco RSAs attributable to pre-combination service— — 449 — — — 449 
Net earnings— — — 7,796 — — 7,796 
Other comprehensive income— — — — 553 — 553 
Balance at April 17, 202282,569 $826 $505,002 $1,792,824 $(72,963)$(3,009,306)$(783,617)
Repurchases of common stock — The Company repurchased 0.4 million shares of its common stock in fiscal 2023 for an aggregate cost of $33.6 million, including applicable excise tax. Repurchases of common stock included in our consolidated statements of cash flows for fiscal 2023 excludes $1.0 million, related to repurchase transactions traded in the second quarter that settled in the next quarter. As of April 16, 2023, there was $141.6 million remaining under share repurchase programs authorized by the Board of Directors which expire in November 2023.
Dividends — Through April 16, 2023, the Board of Directors declared two cash dividends of $0.44 per common share totaling $18.4 million. Future dividends are subject to approval by our Board of Directors.
v3.23.1
AVERAGE SHARES OUTSTANDING
 6 Months Ended
Apr. 16, 2023
Weighted Average Number of Shares Outstanding, Diluted [Abstract]  
AVERAGE SHARES OUTSTANDING AVERAGE SHARES OUTSTANDING
The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding (in thousands):
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Weighted-average shares outstanding – basic20,744 21,227 20,845 21,215 
Effect of potentially dilutive securities:
Nonvested stock awards and units119 34 101 39 
Stock options1 1 — 1 
Performance share awards— — — — 
Weighted-average shares outstanding – diluted20,864 21,262 20,946 21,255 
Excluded from diluted weighted-average shares outstanding:
Antidilutive27 23 26 15 
Performance conditions not satisfied at the end of the period105 63 105 63 
v3.23.1
COMMITMENTS AND CONTINGENCIES
 6 Months Ended
Apr. 16, 2023
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
Legal matters — The Company assesses contingencies, including litigation contingencies, to determine the degree of probability and range of possible loss for potential accrual in our financial statements. An estimated loss contingency is accrued in the financial statements if it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Because litigation is inherently unpredictable, assessing contingencies is highly subjective and requires judgments about future events. When evaluating litigation contingencies, we may be unable to provide a meaningful estimate due to a number of factors, including the procedural status of the matter in question, the availability of appellate remedies, insurance coverage related to the claim or claims in question, the presence of complex or novel legal theories, and the ongoing discovery and development of information important to the matter. In addition, damage amounts claimed in litigation against us may be unsupported, exaggerated, or unrelated to possible outcomes, and as such are not meaningful indicators of our potential liability or financial exposure. The Company regularly reviews contingencies to determine the adequacy of the accruals and related disclosures. The ultimate amount of loss may differ from these estimates. Any estimate is not an indication of expected loss, if any, or of the Company’s maximum possible loss exposure and the ultimate amount of loss may differ materially from these estimates in the near term.
Gessele v. Jack in the Box Inc. — In August 2010, five former Jack in the Box employees instituted litigation in federal court in Oregon alleging claims under the federal Fair Labor Standards Act and Oregon wage and hour laws. The plaintiffs alleged that Jack in the Box failed to pay non-exempt employees for certain meal breaks and improperly made payroll deductions for shoe purchases and for workers’ compensation expenses, and later added additional claims relating to timing of final pay and related wage and hour claims involving employees of a franchisee. In 2016, the court dismissed the federal claims and those relating to franchise employees. In June 2017, the court granted class certification with respect to state law claims of improper deductions and late payment of final wages. On October 24, 2022, a jury awarded the plaintiffs approximately $6.4 million in damages and penalties. The Company continues to dispute liability and the damage award and will defend against both through post-trial motions and all other available appellate remedies. As of April 16, 2023, the Company has accrued the verdict amount as well as estimated pre-judgment interest of $6.6 million, and included it within “Accrued liabilities” on our condensed consolidated balance sheet.
Torrez — In March 2014, a former Del Taco employee filed a purported Private Attorneys General Act claim and class action alleging various causes of action under California’s labor, wage, and hour laws. The plaintiff generally alleges Del Taco did not appropriately provide meal and rest breaks and failed to pay wages and reimburse business expenses to its California non-exempt employees. On November 12, 2021, the court granted, in part, the plaintiff's motion for class certification. The parties participated in a voluntary mediation on May 24, 2022 and June 3, 2022. On June 4, 2022, we entered into a Settlement Memorandum of Understanding (the “Agreement”) which obligates the Company to pay a gross settlement amount of $50.0 million, for which in exchange we will be released from all claims by the parties. The Agreement contains no admission of wrongdoing and is contingent upon various conditions, including, but not limited to, court approvals. There can be no assurance that the Agreement will be approved by the court nor upheld if challenged on appeal. As of April 16, 2023, the Company has accrued the settlement amount, and included it within “Accrued liabilities” on our condensed consolidated balance sheet.
J&D Restaurant Group — On April 17, 2019, the trustee for a bankrupt former franchisee filed a complaint generally alleging the Company wrongfully terminated the franchise agreements and unreasonably denied two perspective purchasers the former franchisee presented. The parties participated in a mediation in April 2021, and again in December 2022, but the matter did not settle. Trial commenced on January 9, 2023. On February 8, 2023, the jury returned a verdict finding the Company had not breached any contracts in terminating the franchise agreements or denying the proposed buyers. While the jury also found the Company had not violated the California Unfair Practices Act, it found for the plaintiff on the claim for breach of implied covenant of good faith and fair dealing, and awarded $8.0 million in damages. On May 9, 2023, the court granted the Company’s post-trial motion, overturning the jury verdict and ordering the plaintiff take nothing on its claims. As a result, the Company reversed the prior $8.0 million accrual, and as of April 16, 2023, the Company has no amounts accrued for this case on its condensed consolidated balance sheet.
Other legal matters — In addition to the matters described above, we are subject to normal and routine litigation brought by former or current employees, customers, franchisees, vendors, landlords, shareholders, or others. The Company intends to defend ourselves in any such matters. Some of these matters may be covered, at least in part, by insurance or other third-party indemnity obligation. The Company records receivables from third party insurers when recovery has been determined to be probable.
Lease guarantees — The Company remains contingently liable for certain leases relating to our former Qdoba business which we sold in fiscal 2018. Under the Qdoba Purchase Agreement, the buyer has indemnified the Company of all claims related to these guarantees. As of April 16, 2023, the maximum potential liability of future undiscounted payments under these leases is approximately $21.8 million. The lease terms extend for a maximum of approximately 15 more years and we would remain a guarantor of the leases in the event the leases are extended for any established renewal periods. In the event of default, we believe the exposure is limited due to contractual protections and recourse available in the lease agreements, as well as the Qdoba Purchase Agreement, including a requirement of the landlord to mitigate damages by re-letting the properties in default, and indemnity from the Buyer. The Company has not recorded a liability for these guarantees as we believe the likelihood of making any future payments is remote.
v3.23.1
SUPPLEMENTAL CONSOLIDATED CASH FLOW INFORMATION
 6 Months Ended
Apr. 16, 2023
Supplemental Cash Flow Information [Abstract]  
SUPPLEMENTAL CONSOLIDATED CASH FLOW INFORMATION SUPPLEMENTAL CONSOLIDATED CASH FLOW INFORMATION (in thousands)
Year-to-date
 April 16,
2023		April 17,
2022
Non-cash investing and financing transactions:
Increase in obligations for treasury stock repurchases$958 $— 
Decrease in obligations for purchases of property and equipment$3,603 $1,009 
Increase in dividends accrued or converted to common stock equivalents$140 $128 
Right-of use assets obtained in exchange for operating lease obligations$115,368 $141,143 
Right-of use assets obtained in exchange for finance lease obligations$— $45 
v3.23.1
SUPPLEMENTAL CONSOLIDATED BALANCE SHEET INFORMATION
 6 Months Ended
Apr. 16, 2023
Balance Sheet Related Disclosures [Abstract]  
SUPPLEMENTAL CONSOLIDATED BALANCE SHEET INFORMATION SUPPLEMENTAL CONSOLIDATED BALANCE SHEET INFORMATION (in thousands)
April 16,
2023		October 2,
2022
Accounts and other receivables, net:
Trade$90,062 $90,105 
Notes receivable, current portion1,788 8,643 
Income tax receivable917 878 
Other7,954 10,152 
Allowance for doubtful accounts(4,064)(5,975)
$96,657 $103,803 
Property and equipment, net
Land$94,307 $86,134 
Buildings968,108 960,984 
Restaurant and other equipment171,711 163,527 
Construction in progress17,843 18,271 
1,251,969 1,228,916 
Less accumulated depreciation and amortization(832,065)(810,752)
$419,904 $418,164 
Other assets, net:
Company-owned life insurance policies$115,466 $108,924 
Deferred rent receivable42,592 43,891 
Franchise tenant improvement allowance39,173 32,429 
Notes receivable, less current portion10,571 11,624 
Other29,841 29,701 
$237,643 $226,569 
Accrued liabilities:
Legal accruals$63,917 $59,165 
Payroll and related taxes40,293 43,837 
Insurance32,764 32,272 
Sales and property taxes14,787 30,947 
Deferred rent income9,591 18,525 
Advertising7,653 11,028 
Deferred franchise and development fees5,783 5,647 
Other68,747 52,511 
$243,535 $253,932 
Other long-term liabilities:
Defined benefit pension plans$50,754 $51,679 
Deferred franchise and development fees41,064 40,802 
Other41,023 42,213 
$132,841 $134,694 
v3.23.1
SUBSEQUENT EVENTS
 6 Months Ended
Apr. 16, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
Refranchising — Subsequent to the end of the second quarter of 2023, the Company closed on the sale of 17 Del Taco company-operated restaurants to one franchisee for $13.7 million.
Additionally, subsequent to the end of the second quarter of 2023, the Company executed Asset Purchase Agreements for the sale of 39 additional Del Taco company-operated restaurants to three franchisees for $17.5 million.
Legal matters — On May 9, 2023, the court granted the Company’s post-trial motion, overturning the jury’s verdict in the J&D Restaurant Group matter. Refer to Note 14, Commitments and Contingencies, of the notes to these condensed consolidated financial statements for additional information regarding the case and the related reversal of a previous accrual.
Dividends — On May 12, 2023, the Board of Directors declared a cash dividend of $0.44 per common share, to be paid on June 13, 2023, to shareholders of record as of the close of business on May 31, 2023.
v3.23.1
BASIS OF PRESENTATION (Policies)
 6 Months Ended
Apr. 16, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Nature of operations Nature of operations — Jack in the Box Inc. (the “Company”), together with its consolidated subsidiaries, develops, operates, and franchises quick-service restaurants under the Jack in the Box® and Del Taco® restaurant brands.
Basis of presentation
Basis of presentation — The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”).
These financial statements should be read in conjunction with the consolidated financial statements and related notes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended October 2, 2022 (“2022 Form 10-K”). The accounting policies used in preparing these condensed consolidated financial statements are the same as those described in our 2022 Form 10-K.
In our opinion, all adjustments considered necessary for a fair presentation of financial condition and results of operations for these interim periods have been included. Operating results for one interim period are not necessarily indicative of the results for any other interim period or for the full year.
Fiscal year Fiscal year — The Company’s fiscal year is 52 or 53 weeks ending the Sunday closest to September 30. Our Del Taco subsidiary operates on a fiscal year ending the Tuesday closest to September 30. Fiscal years 2023 and 2022 include 52 weeks. Our first quarter includes 16 weeks and all other quarters include 12 weeks. All comparisons between 2023 and 2022 refer to the 12 weeks (“quarter”) and 28 weeks (year-to-date”) ended April 16, 2023 and April 17, 2022, respectively, unless otherwise indicated.
Use of estimates Use of estimates — In preparing the condensed consolidated financial statements in conformity with U.S. GAAP, management is required to make certain assumptions and estimates that affect reported amounts of assets, liabilities, revenues, expenses and the disclosure of contingencies. In making these assumptions and estimates, management may from time to time seek advice and consider information provided by actuaries and other experts in a particular area. Actual amounts could differ materially from these estimates.
Advertising costs
Advertising costs — The Company administers marketing funds at each of its restaurant brands that include contractual contributions. In 2023 and 2022, marketing fund contributions from Jack in the Box franchise and company-operated restaurants were approximately 5.0% of sales, and marketing fund contributions from Del Taco franchise and company-operated restaurants were approximately 4.0% of sales. Year-to-date incremental contributions made by the Company for Jack in the Box brand were less than $0.1 million in 2023. No incremental contributions were made in 2022.
Total contributions made by the Company are included in “Selling, general, and administrative expenses” in the accompanying condensed consolidated statements of earnings and for the quarter and year-to-date totaled $9.2 million and $21.3 million, respectively, in 2023 and $7.1 million and $13.1 million, respectively, in 2022.
Allowance for credit losses Allowance for credit losses — The Company closely monitors the financial condition of its franchisees and estimates the allowance for credit losses based on the lifetime expected loss on receivables. These estimates are based on historical collection experience with franchisees as well as other factors, including current market conditions and events. Credit quality is monitored through the timing of payments compared to predefined aging criteria and known facts regarding the financial condition of the franchisee or customer. Account balances are charged off against the allowance after recovery efforts have ceased.
Business combinations Business combinations — The Company accounts for acquisitions using the acquisition method of accounting. Accordingly, assets acquired and liabilities assumed are recorded at their estimated fair values at the acquisition date. The excess of purchase price over fair value of net assets acquired, including the amount assigned to identifiable intangible assets, is recorded as goodwill.
Recent accounting pronouncements Recent accounting pronouncements — The Company reviewed all recently issued accounting pronouncements and concluded that they were either not applicable or not expected to have a significant impact on its condensed consolidated financial statements.
v3.23.1
BASIS OF PRESENTATION (Tables)
 6 Months Ended
Apr. 16, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Allowance for Doubtful Accounts
The following table summarizes the activity in the allowance for doubtful accounts (in thousands):
Year-to-date
April 16,
2023		April 17,
2022
Balance as of beginning of period$(5,975)$(6,292)
Reversal (provision) for expected credit losses 1,911 (3,445)
Write-offs charged against the allowance— 3,993 
Balance as of end of period$(4,064)$(5,744)
v3.23.1
REVENUE (Tables)
 6 Months Ended
Apr. 16, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Disaggregation of revenue — The following table disaggregates revenue by segment and primary source for the quarter ended April 16, 2023 (in thousands):
QuarterYear-to-date
Jack in the BoxDel TacoTotalJack in the BoxDel TacoTotal
Company restaurant sales$95,489 $107,115 $202,604 $221,631 $251,164 $472,795 
Franchise rental revenues80,910 2,610 83,520 187,006 5,344 192,350 
Franchise royalties46,401 5,657 52,058 113,970 12,591 126,561 
Marketing fees46,486 4,609 51,095 106,830 10,263 117,093 
Technology and sourcing fees3,875 668 4,543 8,844 1,386 10,230 
Franchise fees and other services1,671 253 1,924 3,468 343 3,811 
Total revenue$274,832 $120,912 $395,744 $641,749 $281,091 $922,840 
The following table disaggregates revenue by segment and primary source for the quarter ended April 17, 2022 (in thousands):
QuarterYear-to-date
Jack in the BoxDel TacoTotalJack in the BoxDel TacoTotal
Company restaurant sales$94,250 $57,059 $151,309 $214,306 $57,059 $271,365 
Franchise rental revenues75,692 864 76,556 178,791 864 179,655 
Franchise royalties42,933 2,645 45,578 100,581 2,645 103,226 
Marketing fees41,390 2,158 43,548 97,191 2,158 99,349 
Technology and sourcing fees3,575 205 3,780 8,575 205 8,780 
Franchise fees and other services1,497 26 1,523 4,604 26 4,630 
Total revenue$259,337 $62,957 $322,294 $604,048 $62,957 $667,005 
Changes in Contract Liabilities
A summary of significant changes in contract liabilities is presented below (in thousands):
Year-to-date
April 16,
2023		April 17,
2022
Deferred franchise and development fees at beginning of period$46,449 $41,520 
Changes due to business combinations— 6,193 
Revenue recognized (2,934)(2,995)
Additions 3,332 2,379 
Deferred franchise and development fees at end of period$46,847 $47,097 
Remaining Performance Obligation, Expected Timing of Satisfaction
The following table reflects the estimated franchise fees to be recognized in the future related to performance obligations that are unsatisfied as of April 16, 2023 (in thousands):
Remainder of 2023$2,359 
20244,924 
20254,688 
20264,361 
20274,004 
Thereafter19,892 
$40,228 
v3.23.1
BUSINESS COMBINATION (Tables)
 6 Months Ended
Apr. 16, 2023
Business Combinations [Abstract]  
Schedule of Pro Forma Information Unaudited pro forma results — The following unaudited pro forma combined financial information presents the Company’s results as though Del Taco and the Company had been combined as of the beginning of fiscal year 2021 (in thousands):
QuarterYear-to-date
April 17,
2022		April 17,
2022
Total revenue
$382,051 $885,082 
Net earnings
$21,830 $50,696 
v3.23.1
SUMMARY OF REFRANCHISINGS AND FRANCHISE ACQUISITIONS (Tables)
 6 Months Ended
Apr. 16, 2023
Summary Of Refranchisings, Franchisee Development And Acquisitions [Abstract]  
Schedule of Refranchisings and Franchise Acquisitions
Refranchisings — The following table summarizes the number of restaurants sold to franchisees and gains recognized (dollars in thousands):
QuarterYear-to-date
April 16,
2023 (1)		April 17,
2022 (1)		April 16,
2023		April 17,
2022 (1)
Restaurants sold to Jack in the Box franchisees— — 5— 
Restaurants sold to Del Taco franchisees— — 16— 
Proceeds from the sale of company-operated restaurants$808 $552 $18,417 $600 
Net assets sold (primarily property and equipment)— — (4,093)— 
Goodwill related to the sale of company-operated restaurants— — (7,310)— 
Franchise fees— — (577)— 
Sublease liabilities— — (1,197)— 
Lease termination— — (393)— 
Other(104)258 (318)258 
Gains on the sale of company-operated restaurants$704 $810 $4,529 $858 
________________________
(1)Amounts in periods presented for 2022 and the second quarter of 2023 primarily relate to additional proceeds received in connection with the extension of franchise and lease agreements from the sale of restaurants in prior years.
v3.23.1
GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
 6 Months Ended
Apr. 16, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill during fiscal 2023 and 2022 were as follows (in thousands):
Jack in the BoxDel TacoTotal
Balance at October 2, 2022$136,099 $230,722 $366,821 
Sale of Del Taco company-operated restaurants to franchisees— (7,238)(7,238)
Sale of Jack in the Box company-operated restaurants to franchisees(72)— (72)
Reclassified to assets held for sale— (5,900)(5,900)
Balance at April 16, 2023$136,027 $217,584 $353,611 
Schedule of Intangible Assets
The net carrying amounts of intangible assets other than goodwill with definite lives are as follows (in thousands):
April 16,
2023		October 2,
2022
Gross AmountAccumulated AmortizationNet AmountGross AmountAccumulated AmortizationNet Amount
Definite-lived intangible assets:
Sublease assets$2,671 $(270)$2,401 $2,671 $(139)$2,532 
Franchise contracts9,700 (601)9,099 9,700 (311)9,389 
Reacquired franchise rights297 (98)199 530 (127)403 
$12,668 $(969)$11,699 $12,901 $(577)$12,324 
Indefinite-lived intangible assets:
Del Taco trademark$283,500 $— $283,500 $283,500 $— $283,500 
$283,500 $— $283,500 $283,500 $— $283,500 
Schedule of the Estimated Amortization Expense
The following table summarizes, as of April 16, 2023, the estimated amortization expense for each of the next five fiscal years (in thousands):
Remainder of 2023$369 
2024801 
2025801 
2026801 
2027801 
Thereafter8,126 
$11,699 
v3.23.1
LEASES (Tables)
 6 Months Ended
Apr. 16, 2023
Leases [Abstract]  
Lease Income
The following table presents rental income (in thousands):
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Operating lease income - franchise$55,713 $52,988 $129,233 $124,345 
Variable lease income - franchise27,744 23,540 62,979 55,282 
Amortization of favorable and unfavorable sublease contracts, net63 28 138 28 
Franchise rental revenues$83,520 $76,556 $192,350 $179,655 
Operating lease income - closed restaurants and other (1)$1,785 $1,407 $4,025 $3,065 
____________________________
(1)Primarily relates to closed restaurant properties included in “Other operating (income) expenses, net” in our condensed consolidated statements of earnings.
v3.23.1
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Apr. 16, 2023
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis The following table presents our financial assets and liabilities measured at fair value on a recurring basis (in thousands):
TotalQuoted Prices
in Active
Markets for
Identical
Assets (2)
(Level 1)		Significant
Other
Observable
Inputs (2)
(Level 2)		Significant
Unobservable
Inputs (2)
(Level 3)
Fair value measurements as of April 16, 2023:
Non-qualified deferred compensation plan (1)$14,853 $14,853 $— $— 
Total liabilities at fair value$14,853 $14,853 $— $— 
Fair value measurements as of October 2, 2022:
Non-qualified deferred compensation plan (1)$13,820 $13,820 $— $— 
Total liabilities at fair value$13,820 $13,820 $— $— 
____________________________
(1)The Company maintains an unfunded defined contribution plan for key executives and other members of management. The fair value of this obligation is based on the closing market prices of the participants’ elected investments. The obligation is included in “Accrued liabilities” and “Other long-term liabilities” on our condensed consolidated balance sheets.
(2)The Company did not have any transfers in or out of Level 1, 2 or 3.
Carrying Value and Estimated Fair Value of Notes
The following table presents the carrying value and estimated fair value of our Class A-2 Notes as of April 16, 2023 and October 2, 2022 (in thousands):
April 16,
2023		October 2,
2022
Carrying AmountFair ValueCarrying AmountFair Value
Series 2019 Class A-2 Notes$710,500 $656,556 $714,125 $641,851 
Series 2022 Class A-2 Notes$1,078,000 $935,920 $1,089,000 $917,428 
v3.23.1
OTHER OPERATING (INCOME) EXPENSES, NET (Tables)
 6 Months Ended
Apr. 16, 2023
Restructuring and Related Activities [Abstract]  
Impairment, Disposition of Property and Equipment, Restaurant Closing Costs and Restructuring
Other operating expenses (income), net in the accompanying condensed consolidated statements of earnings is comprised of the following (in thousands):
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Acquisition, integration, and restructuring costs (1)$1,259 $13,098 $2,896 $16,111 
Costs of closed restaurants and other (2)560 650 2,745 1,722 
Accelerated depreciation185 288 453 663 
(Gains) losses on disposition of property and equipment, net (3)976 331 (8,615)(286)
$2,980 $14,367 $(2,521)$18,210 
____________________________
(1)Acquisition, integration, and restructuring costs are related to the acquisition and integration of Del Taco.
(2)Costs of closed restaurants and other primarily include impairment charges as a result of our decision to close restaurants, ongoing costs associated with closed restaurants, and canceled project costs.
(3)The 2023 year-to-date gains on disposition of property and equipment primarily relate to the sale of Jack in the Box restaurant properties to franchisees who were leasing the properties from us prior to the sale.
v3.23.1
SEGMENT REPORTING (Tables)
 6 Months Ended
Apr. 16, 2023
Segment Reporting [Abstract]  
Schedule of Operating Segments
The following table provides information related to our operating segments in each period (in thousands):
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Revenues by segment:
Jack in the Box$274,832 $259,337 $641,749 $604,048 
Del Taco120,912 62,957 281,091 62,957 
Consolidated revenues$395,744 $322,294 $922,840 $667,005 
Segment operating profit:
Jack in the Box$70,286 $61,321 $174,712 $151,984 
Del Taco8,893 6,056 20,964 6,056 
Total segment operating profit$79,179 $67,377 $195,676 $158,040 
Depreciation and amortization14,598 11,545 34,000 24,041 
Acquisition, integration, and restructuring costs1,259 13,098 2,896 16,111 
Share-based compensation2,398 2,916 5,932 3,934 
Net COLI (gains) losses(844)2,136 (6,568)2,580 
Gains on the sale of company-operated restaurants(704)(810)(4,529)(858)
Amortization of favorable and unfavorable leases and subleases, net833 248 1,375 248 
Earnings from operations$61,639 $38,244 $162,570 $111,984 
Total capital expenditures by segment:
Jack in the Box$8,606 $7,929 $23,862 $17,330 
Del Taco4,562 3,451 13,334 3,451 
Total capital expenditures$13,168 $11,380 $37,196 $20,781 
Total depreciation and amortization by segment:
Jack in the Box$8,283 $9,340 $19,312 $21,836 
Del Taco6,315 2,205 14,688 2,205 
Total depreciation and amortization$14,598 $11,545 $34,000 $24,041 
v3.23.1
RETIREMENT PLANS (Tables)
 6 Months Ended
Apr. 16, 2023
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost The components of net periodic benefit cost in each period were as follows (in thousands): 
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Defined benefit pension plans:
Interest cost$4,435 $3,389 $10,348 $7,904 
Expected return on plan assets(3,485)(4,178)(8,133)(9,747)
Actuarial losses (1)707 890 1,651 2,078 
Amortization of unrecognized prior service costs (1)4 4 10 10 
Net periodic benefit cost $1,661 $105 $3,876 $245 
Post-retirement healthcare plans:
Interest cost$162 $113 $377 $263 
Actuarial gains (1)(216)(148)(502)(345)
Net periodic benefit credit$(54)$(35)$(125)$(82)
____________________________
(1)Amounts were reclassified from accumulated other comprehensive income into net earnings as a component of “Other pension and post-retirement expenses, net.”
Schedule of Defined Benefit Plan Contribution Details regarding 2023 contributions are as follows (in thousands):
SERPPost-Retirement
Healthcare Plans
Net year-to-date contributions$2,620 $614 
Remaining estimated net contributions during fiscal 2023$2,593 $498 
v3.23.1
STOCKHOLDERS’ DEFICIT (Tables)
 6 Months Ended
Apr. 16, 2023
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders' Deficit
Summary of changes in stockholders’ deficit — A reconciliation of the beginning and ending amounts of stockholders’ deficit is presented below (in thousands):
Number
of Shares		AmountCapital in
Excess of
Par Value		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Treasury
Stock		Total
Balance at October 2, 202282,581 $826 $508,323 $1,842,947 $(53,982)$(3,034,306)$(736,192)
Shares issued under stock plans, including tax benefit36 — — — — — — 
Share-based compensation— — 3,534 — — — 3,534 
Dividends declared— — 67 (9,221)— — (9,154)
Purchases of treasury stock— — — — — (14,999)(14,999)
Net earnings— — — 53,254 — — 53,254 
Other comprehensive income— — — — 489 — 489 
Balance at January 22, 202382,617 $826 $511,924 $1,886,980 $(53,493)$(3,049,305)$(703,068)
Shares issued under stock plans, including tax benefit12 — — — — — — 
Share-based compensation— — 2,398 — — — 2,398 
Dividends declared— — 73 (9,139)— — (9,066)
Purchases of treasury stock— — — — — (18,580)(18,580)
Net earnings— — — 26,507 — — 26,507 
Other comprehensive income— — — — 366 — 366 
Balance at April 16, 202382,629 $826 $514,395 $1,904,348 $(53,127)$(3,067,885)$(701,443)
Number
of Shares		AmountCapital in
Excess of
Par Value		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Treasury
Stock		Total
Balance at October 3, 202182,536 $825 $500,441 $1,764,412 $(74,254)$(3,009,306)$(817,882)
Shares issued under stock plans, including tax benefit28 1 48 — — — 49 
Share-based compensation— — 1,018 — — — 1,018 
Dividends declared— — 63 (9,320)— — (9,257)
Net earnings— — — 39,270 — — 39,270 
Other comprehensive income— — — — 738 — 738 
Balance at January 23, 202282,564 $826 $501,570 $1,794,362 $(73,516)$(3,009,306)$(786,064)
Shares issued under stock plans, including tax benefit5 — 2 — — — 2 
Share-based compensation— — 2,916 — — — 2,916 
Dividends declared— — 65 (9,334)— — (9,269)
Fair value of assumed Del Taco RSAs attributable to pre-combination service— — 449 — — — 449 
Net earnings— — — 7,796 — — 7,796 
Other comprehensive income— — — — 553 — 553 
Balance at April 17, 202282,569 $826 $505,002 $1,792,824 $(72,963)$(3,009,306)$(783,617)
v3.23.1
AVERAGE SHARES OUTSTANDING (Tables)
 6 Months Ended
Apr. 16, 2023
Weighted Average Number of Shares Outstanding, Diluted [Abstract]  
Reconciliation Of Basic Weighted-Average Shares Outstanding To Diluted Weighted-Average Shares Outstanding
The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding (in thousands):
QuarterYear-to-date
April 16,
2023		April 17,
2022		April 16,
2023		April 17,
2022
Weighted-average shares outstanding – basic20,744 21,227 20,845 21,215 
Effect of potentially dilutive securities:
Nonvested stock awards and units119 34 101 39 
Stock options1 1 — 1 
Performance share awards— — — — 
Weighted-average shares outstanding – diluted20,864 21,262 20,946 21,255 
Excluded from diluted weighted-average shares outstanding:
Antidilutive27 23 26 15 
Performance conditions not satisfied at the end of the period105 63 105 63 
v3.23.1
SUPPLEMENTAL CONSOLIDATED CASH FLOW INFORMATION (Tables)
 6 Months Ended
Apr. 16, 2023
Supplemental Cash Flow Information [Abstract]  
Additional Information Related To Cash Flows
Year-to-date
 April 16,
2023		April 17,
2022
Non-cash investing and financing transactions:
Increase in obligations for treasury stock repurchases$958 $— 
Decrease in obligations for purchases of property and equipment$3,603 $1,009 
Increase in dividends accrued or converted to common stock equivalents$140 $128 
Right-of use assets obtained in exchange for operating lease obligations$115,368 $141,143 
Right-of use assets obtained in exchange for finance lease obligations$— $45 
v3.23.1
SUPPLEMENTAL CONSOLIDATED BALANCE SHEET INFORMATION (Tables)
 6 Months Ended
Apr. 16, 2023
Balance Sheet Related Disclosures [Abstract]  
Schedule of Supplemental Balance Sheet Disclosures
April 16,
2023		October 2,
2022
Accounts and other receivables, net:
Trade$90,062 $90,105 
Notes receivable, current portion1,788 8,643 
Income tax receivable917 878 
Other7,954 10,152 
Allowance for doubtful accounts(4,064)(5,975)
$96,657 $103,803 
Property and equipment, net
Land$94,307 $86,134 
Buildings968,108 960,984 
Restaurant and other equipment171,711 163,527 
Construction in progress17,843 18,271 
1,251,969 1,228,916 
Less accumulated depreciation and amortization(832,065)(810,752)
$419,904 $418,164 
Other assets, net:
Company-owned life insurance policies$115,466 $108,924 
Deferred rent receivable42,592 43,891 
Franchise tenant improvement allowance39,173 32,429 
Notes receivable, less current portion10,571 11,624 
Other29,841 29,701 
$237,643 $226,569 
Accrued liabilities:
Legal accruals$63,917 $59,165 
Payroll and related taxes40,293 43,837 
Insurance32,764 32,272 
Sales and property taxes14,787 30,947 
Deferred rent income9,591 18,525 
Advertising7,653 11,028 
Deferred franchise and development fees5,783 5,647 
Other68,747 52,511 
$243,535 $253,932 
Other long-term liabilities:
Defined benefit pension plans$50,754 $51,679 
Deferred franchise and development fees41,064 40,802 
Other41,023 42,213 
$132,841 $134,694 
v3.23.1
BASIS OF PRESENTATION - Narrative (Details)
$ in Millions
 3 Months Ended 4 Months Ended 6 Months Ended
Apr. 16, 2023
USD ($)
Apr. 17, 2022
USD ($)
Jan. 22, 2023
USD ($)
Apr. 16, 2023
USD ($)
restaurant
Apr. 17, 2022
USD ($)
Net Investment Income [Line Items]          
Contractual obligation | $     $ 0.0 $ 0.1  
Marketing and advertising expense | $ $ 9.2 $ 7.1   $ 21.3 $ 13.1
Jack in the Box          
Net Investment Income [Line Items]          
Contractual obligation (percent)       5.00% 5.00%
Del Taco          
Net Investment Income [Line Items]          
Contractual obligation (percent)       4.00%  
Company operated | Jack in the Box          
Net Investment Income [Line Items]          
Number of operating segments       140  
Company operated | Del Taco          
Net Investment Income [Line Items]          
Number of operating segments       273  
Franchise-operated | Jack in the Box          
Net Investment Income [Line Items]          
Number of operating segments       2,047  
Franchise-operated | Del Taco          
Net Investment Income [Line Items]          
Number of operating segments       322  
v3.23.1
BASIS OF PRESENTATION - Effect of New Accounting Pronouncements (Details) - USD ($)
$ in Thousands
 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Allowance for Credit Loss [Roll Forward]    
Balance as of beginning of period $ (5,975) $ (6,292)
Reversal (provision) for expected credit losses 1,911 (3,445)
Write-offs charged against the allowance 0 3,993
Balance as of end of period $ (4,064) $ (5,744)
v3.23.1
REVENUE - Narrative (Details) - USD ($)
$ in Thousands
 1 Months Ended 3 Months Ended 6 Months Ended
Oct. 31, 2022
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Disaggregation of Revenue [Line Items]          
Term of franchise       20 years  
Revenues   $ 395,744 $ 322,294 $ 922,840 $ 667,005
Development fees   6,600   6,600  
Franchise royalties and other          
Disaggregation of Revenue [Line Items]          
Revenues   53,982 $ 47,101 $ 130,372 $ 107,856
Franchise Operator          
Disaggregation of Revenue [Line Items]          
Proceeds from sale of franchise $ 7,300        
Franchise Operator | Franchise royalties and other          
Disaggregation of Revenue [Line Items]          
Revenues   $ 7,300      
v3.23.1
REVENUE - Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Disaggregation of Revenue [Line Items]        
Revenues $ 395,744 $ 322,294 $ 922,840 $ 667,005
Jack in the Box        
Disaggregation of Revenue [Line Items]        
Revenues 274,832 259,337 641,749 604,048
Del Taco        
Disaggregation of Revenue [Line Items]        
Revenues 120,912 62,957 281,091 62,957
Company restaurant sales        
Disaggregation of Revenue [Line Items]        
Revenues 202,604 151,309 472,795 271,365
Company restaurant sales | Jack in the Box        
Disaggregation of Revenue [Line Items]        
Revenues 95,489 94,250 221,631 214,306
Company restaurant sales | Del Taco        
Disaggregation of Revenue [Line Items]        
Revenues 107,115 57,059 251,164 57,059
Franchise rental revenues        
Disaggregation of Revenue [Line Items]        
Revenues 83,520 76,556 192,350 179,655
Franchise rental revenues | Jack in the Box        
Disaggregation of Revenue [Line Items]        
Revenues 80,910 75,692 187,006 178,791
Franchise rental revenues | Del Taco        
Disaggregation of Revenue [Line Items]        
Revenues 2,610 864 5,344 864
Franchise royalties        
Disaggregation of Revenue [Line Items]        
Revenues 52,058 45,578 126,561 103,226
Franchise royalties | Jack in the Box        
Disaggregation of Revenue [Line Items]        
Revenues 46,401 42,933 113,970 100,581
Franchise royalties | Del Taco        
Disaggregation of Revenue [Line Items]        
Revenues 5,657 2,645 12,591 2,645
Marketing fees        
Disaggregation of Revenue [Line Items]        
Revenues 51,095 43,548 117,093 99,349
Marketing fees | Jack in the Box        
Disaggregation of Revenue [Line Items]        
Revenues 46,486 41,390 106,830 97,191
Marketing fees | Del Taco        
Disaggregation of Revenue [Line Items]        
Revenues 4,609 2,158 10,263 2,158
Technology and sourcing fees        
Disaggregation of Revenue [Line Items]        
Revenues 4,543 3,780 10,230 8,780
Technology and sourcing fees | Jack in the Box        
Disaggregation of Revenue [Line Items]        
Revenues 3,875 3,575 8,844 8,575
Technology and sourcing fees | Del Taco        
Disaggregation of Revenue [Line Items]        
Revenues 668 205 1,386 205
Franchise fees and other services        
Disaggregation of Revenue [Line Items]        
Revenues 1,924 1,523 3,811 4,630
Franchise fees and other services | Jack in the Box        
Disaggregation of Revenue [Line Items]        
Revenues 1,671 1,497 3,468 4,604
Franchise fees and other services | Del Taco        
Disaggregation of Revenue [Line Items]        
Revenues $ 253 $ 26 $ 343 $ 26
v3.23.1
REVENUE - Changes in Contract Liabilities (Details) - USD ($)
$ in Thousands
 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Movement in Deferred Revenue [Roll Forward]    
Deferred franchise and development fees at beginning of period $ 46,449 $ 41,520
Changes due to business combinations 0 6,193
Revenue recognized (2,934) (2,995)
Additions 3,332 2,379
Deferred franchise and development fees at end of period $ 46,847 $ 47,097
v3.23.1
REVENUE - Estimated Future Franchise Fees (Details)
$ in Thousands
Apr. 16, 2023
USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 40,228
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-03  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations 2,359
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-02  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations 4,924
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations 4,688
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-09-30  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations 4,361
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-09-28  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations 4,004
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-09-27  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 19,892
v3.23.1
REVENUE - Estimated Future Franchise Fees, Period (Details)
Apr. 16, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-03  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, remaining performance obligation, period 6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-02  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, remaining performance obligation, period 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, remaining performance obligation, period 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-09-30  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, remaining performance obligation, period 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-09-28  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, remaining performance obligation, period 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-09-27  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Revenue, remaining performance obligation, period
v3.23.1
BUSINESS COMBINATION - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 16, 2023
Mar. 08, 2022
Del Taco      
Business Acquisition [Line Items]      
Total revenues $ 63.0 $ 63.0  
Net earnings $ 2.5 $ 2.5  
Del Taco | Del Taco      
Business Acquisition [Line Items]      
Ownership acquired (in percent)     100.00%
v3.23.1
BUSINESS COMBINATION - Schedule of Pro Forma Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 17, 2022
Business Combinations [Abstract]      
Total revenue   $ 382,051 $ 885,082
Net earnings $ 26,507 $ 21,830 $ 50,696
v3.23.1
SUMMARY OF REFRANCHISINGS AND FRANCHISE ACQUISITIONS - Refranchisings (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
USD ($)
restaurant
Apr. 17, 2022
USD ($)
restaurant
Apr. 16, 2023
USD ($)
restaurant
Apr. 17, 2022
USD ($)
restaurant
Franchisor Disclosure [Line Items]        
Gains on the sale of company-operated restaurants $ (976) $ (331) $ 8,615 $ 286
Company operated        
Franchisor Disclosure [Line Items]        
Proceeds from the sale of company-operated restaurants 808 552 18,417 600
Net assets sold (primarily property and equipment) 0 0 (4,093) 0
Goodwill related to the sale of company-operated restaurants 0 0 (7,310) 0
Franchise fees 0 0 (577) 0
Sublease liabilities 0 0 (1,197) 0
Lease termination 0 0 (393) 0
Other (104) 258 (318) 258
Gains on the sale of company-operated restaurants $ 704 $ 810 $ 4,529 $ 858
Company operated | Jack in the Box        
Franchisor Disclosure [Line Items]        
Restaurants sold to Jack in the Box franchisees | restaurant 0 0 5 0
Company operated | Del Taco        
Franchisor Disclosure [Line Items]        
Restaurants sold to Jack in the Box franchisees | restaurant 0 0 16 0
v3.23.1
SUMMARY OF REFRANCHISINGS AND FRANCHISE ACQUISITIONS - Narrative (Details)
$ in Thousands
 3 Months Ended
Apr. 16, 2023
USD ($)
restaurant
Apr. 17, 2022
USD ($)
restaurants
restaurant
Oct. 02, 2022
USD ($)
Franchisor Disclosure [Line Items]      
Number of restaurants acquired from franchisees 0    
Current assets held for sale | $ $ 9,013 $ 17,000 $ 17,019
Jack in the Box      
Franchisor Disclosure [Line Items]      
Number of restaurants acquired from franchisees   13  
Number of markets | restaurants   2  
v3.23.1
GOODWILL AND INTANGIBLE ASSETS, NET - Changes in Carrying Amount of Goodwill - (Details)
$ in Thousands
 6 Months Ended
Apr. 16, 2023
USD ($)
Goodwill [Roll Forward]  
Goodwill, beginning balance $ 366,821
Goodwill, ending balance 353,611
Jack in the Box  
Goodwill [Roll Forward]  
Goodwill related to the sale of company-operated restaurants (72)
Damages awarded (5,900)
Del Taco  
Goodwill [Roll Forward]  
Goodwill related to the sale of company-operated restaurants (7,238)
Jack in the Box  
Goodwill [Roll Forward]  
Goodwill, beginning balance 136,099
Goodwill, ending balance 136,027
Jack in the Box | Jack in the Box  
Goodwill [Roll Forward]  
Goodwill related to the sale of company-operated restaurants (72)
Damages awarded 0
Jack in the Box | Del Taco  
Goodwill [Roll Forward]  
Goodwill related to the sale of company-operated restaurants 0
Del Taco  
Goodwill [Roll Forward]  
Goodwill, beginning balance 230,722
Goodwill, ending balance 217,584
Del Taco | Jack in the Box  
Goodwill [Roll Forward]  
Goodwill related to the sale of company-operated restaurants 0
Damages awarded (5,900)
Del Taco | Del Taco  
Goodwill [Roll Forward]  
Goodwill related to the sale of company-operated restaurants $ (7,238)
v3.23.1
GOODWILL AND INTANGIBLE ASSETS, NET - Schedule of Intangible Assets (Details) - USD ($)
$ in Thousands
Apr. 16, 2023
Oct. 02, 2022
Definite-lived intangible assets:    
Gross Amount $ 12,668 $ 12,901
Accumulated Amortization (969) (577)
Net Amount 11,699 12,324
Indefinite-lived intangible assets:    
Gross Amount 283,500 283,500
Sublease assets    
Definite-lived intangible assets:    
Gross Amount 2,671 2,671
Accumulated Amortization (270) (139)
Net Amount 2,401 2,532
Franchise contracts    
Definite-lived intangible assets:    
Gross Amount 9,700 9,700
Accumulated Amortization (601) (311)
Net Amount 9,099 9,389
Reacquired franchise rights    
Definite-lived intangible assets:    
Gross Amount 297 530
Accumulated Amortization (98) (127)
Net Amount $ 199 $ 403
v3.23.1
GOODWILL AND INTANGIBLE ASSETS, NET - Amortization Expense (Details)
$ in Thousands
Apr. 16, 2023
USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]  
Remainder of 2023 $ 11,699
2024 801
2025 801
2026 801
2027 801
Finite-Lived Intangible Asset, Expected Amortization, After Year Four 8,126
Remainder of 2023 $ 369
v3.23.1
LEASES - Narrative (Details)
Apr. 16, 2023
Lessee, Lease, Description [Line Items]  
Initial term of operating lease 20 years
Minimum  
Lessee, Lease, Description [Line Items]  
Renewal term of operating lease 1 year
Maximum  
Lessee, Lease, Description [Line Items]  
Renewal term of operating lease 20 years
v3.23.1
LEASES - Operating Lease Income (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Lessor, Lease, Description [Line Items]        
Amortization of favorable and unfavorable sublease contracts, net $ (833) $ (248) $ (1,375) $ (248)
Operating lease income - closed restaurants and other 1,785 1,407 4,025 3,065
Franchise contracts        
Lessor, Lease, Description [Line Items]        
Operating lease income - franchise 55,713 52,988 129,233 124,345
Variable lease income - franchise 27,744 23,540 62,979 55,282
Amortization of favorable and unfavorable sublease contracts, net 63 28 138 28
Franchise rental revenues $ 83,520 $ 76,556 $ 192,350 $ 179,655
v3.23.1
FAIR VALUE MEASUREMENTS - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) - USD ($)
$ in Thousands
Apr. 16, 2023
Oct. 02, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total liabilities at fair value $ 14,853 $ 13,820
Quoted Prices In Active Markets For Identical Assets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total liabilities at fair value 14,853 13,820
Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total liabilities at fair value 0 0
Significant Unobservable Inputs (Level 3)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total liabilities at fair value 0 0
Non Qualified Deferred Compensation Plan    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total liabilities at fair value 14,853 13,820
Non Qualified Deferred Compensation Plan | Quoted Prices In Active Markets For Identical Assets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total liabilities at fair value 14,853 13,820
Non Qualified Deferred Compensation Plan | Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total liabilities at fair value 0 0
Non Qualified Deferred Compensation Plan | Significant Unobservable Inputs (Level 3)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total liabilities at fair value $ 0 $ 0
v3.23.1
FAIR VALUE MEASUREMENTS - Carrying Value and Estimated Fair Value of Notes (Details) - Senior Notes - USD ($)
$ in Thousands
Apr. 16, 2023
Oct. 02, 2022
Carrying Amount | Series 2019 Class A-2 Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total debt $ 710,500 $ 714,125
Carrying Amount | Series 2022 Class A-2 Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total debt 1,078,000 1,089,000
Fair Value | Series 2019 Class A-2 Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total debt 656,556 641,851
Fair Value | Series 2022 Class A-2 Notes    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total debt $ 935,920 $ 917,428
v3.23.1
OTHER OPERATING (INCOME) EXPENSES, NET - Summary of Impairment, Disposition of Property and Equipment, Restaurant Closing Costs and Restructuring (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Restructuring and Related Activities [Abstract]        
Acquisition, integration, and restructuring costs $ 1,259 $ 13,098 $ 2,896 [1] $ 16,111 [1]
Costs of closed restaurants and other 560 650 2,745 [2] 1,722 [2]
Accelerated depreciation 185 288 453 663
(Gains) losses on disposition of property and equipment, net (3) 976 331 (8,615) (286)
Impairment and other charges $ 2,980 $ 14,367 $ (2,521) $ 18,210
[1] Acquisition, integration, and restructuring costs are related to the acquisition and integration of Del Taco.
[2] Costs of closed restaurants and other primarily include impairment charges as a result of our decision to close restaurants, ongoing costs associated with closed restaurants, and canceled project costs.(3)The 2023 year-to-date gains on disposition of property and equipment primarily relate to the sale of Jack in the Box restaurant properties to franchisees who were leasing the properties from us prior to the sale.
v3.23.1
SEGMENT REPORTING - Schedule of Operating Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Segment Reporting Information [Line Items]        
Revenues $ 395,744 $ 322,294 $ 922,840 $ 667,005
Segment operating profit 79,179 67,377 195,676 158,040
Depreciation and amortization 14,598 11,545 34,000 24,041
Acquisition, integration, and restructuring costs 1,259 13,098 2,896 [1] 16,111 [1]
Share-based compensation 2,398 2,916 5,932 3,934
Net COLI (gains) losses (844) 2,136 (6,568) 2,580
Gains on the sale of company-operated restaurants (704) (810) (4,529) (858)
Amortization of favorable and unfavorable leases and subleases, net 833 248 1,375 248
Earnings from operations 61,639 38,244 162,570 111,984
Total capital expenditures 13,168 11,380 37,196 20,781
Jack in the Box        
Segment Reporting Information [Line Items]        
Revenues 274,832 259,337 641,749 604,048
Segment operating profit 70,286 61,321 174,712 151,984
Depreciation and amortization 8,283 9,340 19,312 21,836
Total capital expenditures 8,606 7,929 23,862 17,330
Del Taco        
Segment Reporting Information [Line Items]        
Revenues 120,912 62,957 281,091 62,957
Segment operating profit 8,893 6,056 20,964 6,056
Depreciation and amortization 6,315 2,205 14,688 2,205
Total capital expenditures $ 4,562 $ 3,451 $ 13,334 $ 3,451
[1] Acquisition, integration, and restructuring costs are related to the acquisition and integration of Del Taco.
v3.23.1
INCOME TAXES- Narrative (Details)
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Income Tax Disclosure [Abstract]        
Effective income tax rates 34.80% 29.60% 33.30% 27.80%
v3.23.1
RETIREMENT PLANS - Narrative (Details)
 6 Months Ended
Apr. 16, 2023
definedBenefitPensionPlan
healthcarePlan
Jan. 01, 2022
USD ($)
Retirement Benefits [Abstract]    
Number of sponsored defined benefit pension plans | definedBenefitPensionPlan 2  
Number of postretirement health care plans | healthcarePlan 2  
Minimum required contribution for retirement plans | $   $ 0
v3.23.1
RETIREMENT PLANS - Components of Net Periodic Benefit Cost (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Pension Plan        
Defined Benefit Plan Disclosure [Line Items]        
Interest cost $ 4,435 $ 3,389 $ 10,348 $ 7,904
Expected return on plan assets (3,485) (4,178) (8,133) (9,747)
Actuarial losses (gains) 707 890 1,651 2,078
Amortization of unrecognized prior service costs 4 4 10 10
Net periodic benefit cost 1,661 105 3,876 245
Post-Retirement Healthcare Plans        
Defined Benefit Plan Disclosure [Line Items]        
Interest cost 162 113 377 263
Actuarial losses (gains) (216) (148) (502) (345)
Net periodic benefit cost $ (54) $ (35) $ (125) $ (82)
v3.23.1
RETIREMENT PLANS - Schedule of Future Cash Flows (Details)
$ in Thousands
 6 Months Ended
Apr. 16, 2023
USD ($)
SERP  
Defined Benefit Plan Disclosure [Line Items]  
Net year-to-date contributions $ 2,620
Remaining estimated net contributions during fiscal 2023 2,593
Post-Retirement Healthcare Plans  
Defined Benefit Plan Disclosure [Line Items]  
Net year-to-date contributions 614
Remaining estimated net contributions during fiscal 2023 $ 498
v3.23.1
STOCKHOLDERS’ DEFICIT - Summary of Changes in Equity (Details) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 4 Months Ended 6 Months Ended
Jul. 09, 2023
Apr. 16, 2023
Apr. 17, 2022
Jan. 22, 2023
Jan. 23, 2022
Apr. 16, 2023
Apr. 17, 2022
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beginning balance $ (701,443) $ (703,068) $ (786,064) $ (736,192) $ (817,882) $ (736,192) $ (817,882)
Shares issued under stock plans, including tax benefit   0 2 0 49    
Share-based compensation   2,398 2,916 3,534 1,018    
Dividends declared   (9,066) (9,269) (9,154) (9,257)    
Fair value of assumed Del Taco RSAs attributable to pre-combination service     449        
Purchases of treasury stock   (18,580)   (14,999)   (33,600)  
Net earnings   26,507 7,796 53,254 39,270 79,761 47,066
Other comprehensive income   366 553 489 738 855 1,291
Ending balance   $ (701,443) $ (783,617) $ (703,068) $ (786,064) $ (701,443) $ (783,617)
Subsequent Event              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases of treasury stock $ (1,000)            
Common Stock              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beginning balance (in shares) 82,629 82,617 82,564 82,581 82,536 82,581 82,536
Beginning balance $ 826 $ 826 $ 826 $ 826 $ 825 $ 826 $ 825
Shares issued under stock plans, including tax benefit (in shares)   12 5 36 28    
Shares issued under stock plans, including tax benefit   $ 0 $ 0 $ 0 $ 1    
Ending balance (in shares)   82,629 82,569 82,617 82,564 82,629 82,569
Ending balance   $ 826 $ 826 $ 826 $ 826 $ 826 $ 826
Capital in Excess of Par Value              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beginning balance 514,395 511,924 501,570 508,323 500,441 508,323 500,441
Shares issued under stock plans, including tax benefit   0 2 0 48    
Share-based compensation   2,398 2,916 3,534 1,018    
Dividends declared   73 65 67 63    
Fair value of assumed Del Taco RSAs attributable to pre-combination service     449        
Ending balance   514,395 505,002 511,924 501,570 514,395 505,002
Retained Earnings              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beginning balance 1,904,348 1,886,980 1,794,362 1,842,947 1,764,412 1,842,947 1,764,412
Dividends declared   (9,139) (9,334) (9,221) (9,320)    
Net earnings   26,507 7,796 53,254 39,270    
Ending balance   1,904,348 1,792,824 1,886,980 1,794,362 1,904,348 1,792,824
Accumulated Other Comprehensive Loss              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beginning balance (53,127) (53,493) (73,516) (53,982) (74,254) (53,982) (74,254)
Other comprehensive income   366 553 489 738    
Ending balance   (53,127) (72,963) (53,493) (73,516) (53,127) (72,963)
Treasury Stock              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beginning balance $ (3,067,885) (3,049,305) (3,009,306) (3,034,306) (3,009,306) (3,034,306) (3,009,306)
Purchases of treasury stock   (18,580)   (14,999)      
Ending balance   $ (3,067,885) $ (3,009,306) $ (3,049,305) $ (3,009,306) $ (3,067,885) $ (3,009,306)
v3.23.1
STOCKHOLDERS’ DEFICIT - Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 4 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Jan. 22, 2023
Apr. 16, 2023
Apr. 17, 2022
Stockholders' Equity Note [Abstract]          
Shares repurchased (in shares) 400,000        
Value of shares repurchased $ 18,580   $ 14,999 $ 33,600  
Repurchase of common stock, remaining authorized amount $ 141,600     $ 141,600  
Cash dividend (in USD per share) $ 0.44 $ 0.44 $ 0.44 $ 0.88 $ 0.88
Total cash dividends       $ 18,400  
v3.23.1
AVERAGE SHARES OUTSTANDING - Reconciliation of Basic Weighted-Average Shares Outstanding to Diluted Weighted-Average Shares Outstanding (Details) - shares
shares in Thousands
 3 Months Ended 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Apr. 16, 2023
Apr. 17, 2022
Average Shares Outstanding [Line Items]        
Weighted-average shares outstanding - basic (in shares) 20,744 21,227 20,845 21,215
Weighted-average number of shares outstanding - diluted (in shares) 20,864 21,262 20,946 21,255
Excluded from diluted weighted-average shares outstanding:        
Antidilutive (in shares) 27 23 26 15
Performance conditions not satisfied at the end of the period (in shares) 105 63 105 63
Nonvested stock awards and units        
Average Shares Outstanding [Line Items]        
Effect of potentially dilutive securities (in shares) 119 34 101 39
Stock options        
Average Shares Outstanding [Line Items]        
Effect of potentially dilutive securities (in shares) 1 1 0 1
Performance share awards        
Average Shares Outstanding [Line Items]        
Effect of potentially dilutive securities (in shares) 0 0 0 0
v3.23.1
COMMITMENTS AND CONTINGENCIES - Narrative (Details)
$ in Millions
 1 Months Ended
Feb. 08, 2023
USD ($)
Oct. 24, 2022
USD ($)
Jun. 04, 2022
USD ($)
Apr. 17, 2019
purchaser
Aug. 31, 2010
formerEmployee
Apr. 16, 2023
USD ($)
Loss Contingencies [Line Items]            
Lease guarantee           $ 21.8
Qdoba guaranteed leases, remaining term           15 years
Jack in the Box            
Loss Contingencies [Line Items]            
Number of former employees | formerEmployee         5  
Damages awarded   $ 6.4        
Interest Expense, Interest-Bearing Liability   $ 6.6        
Torrez V. Jack In The Box | Settled Litigation            
Loss Contingencies [Line Items]            
Damages awarded     $ 50.0      
J&D Restaurant Group v. Jack in the Box Inc.            
Loss Contingencies [Line Items]            
Damages awarded $ 8.0          
Number of perspective purchasers | purchaser       2    
v3.23.1
SUPPLEMENTAL CONSOLIDATED CASH FLOW INFORMATION - Additional Information Related to Cash Flows (Details) - USD ($)
$ in Thousands
 6 Months Ended
Apr. 16, 2023
Apr. 17, 2022
Non-cash investing and financing transactions:    
Increase in obligations for treasury stock repurchases $ 958 $ 0
Decrease in obligations for purchases of property and equipment 3,603 1,009
Increase in dividends accrued or converted to common stock equivalents 140 128
Right-of use assets obtained in exchange for operating lease obligations 115,368 141,143
Right-of use assets obtained in exchange for finance lease obligations $ 0 $ 45
v3.23.1
SUPPLEMENTAL CONSOLIDATED BALANCE SHEET INFORMATION (Details) - USD ($)
$ in Thousands
Apr. 16, 2023
Oct. 02, 2022
Apr. 17, 2022
Oct. 03, 2021
Accounts and other receivables, net:        
Trade $ 90,062 $ 90,105    
Notes receivable, current portion 1,788 8,643    
Income tax receivable 917 878    
Other 7,954 10,152    
Allowance for doubtful accounts (4,064) (5,975) $ (5,744) $ (6,292)
Accounts and other receivables, net 96,657 103,803    
Property and equipment, net        
Property and equipment, at cost 1,251,969 1,228,916    
Less accumulated depreciation and amortization (832,065) (810,752)    
Property and equipment, net 419,904 418,164    
Other assets, net:        
Company-owned life insurance policies 115,466 108,924    
Deferred rent receivable 42,592 43,891    
Franchise tenant improvement allowance 39,173 32,429    
Notes receivable, less current portion 10,571 11,624    
Other 29,841 29,701    
Other assets, net 237,643 226,569    
Accrued liabilities:        
Legal accruals 63,917 59,165    
Payroll and related taxes 40,293 43,837    
Insurance 32,764 32,272    
Sales and property taxes 14,787 30,947    
Deferred rent income 9,591 18,525    
Advertising 7,653 11,028    
Deferred franchise and development fees 5,783 5,647    
Other 68,747 52,511    
Accrued liabilities 243,535 253,932    
Other long-term liabilities:        
Defined benefit pension plans 50,754 51,679    
Deferred franchise and development fees 41,064 40,802    
Other 41,023 42,213    
Other long-term liabilities 132,841 134,694    
Land        
Property and equipment, net        
Property and equipment, at cost 94,307 86,134    
Buildings        
Property and equipment, net        
Property and equipment, at cost 968,108 960,984    
Restaurant and other equipment        
Property and equipment, net        
Property and equipment, at cost 171,711 163,527    
Construction in progress        
Property and equipment, net        
Property and equipment, at cost $ 17,843 $ 18,271    
v3.23.1
SUBSEQUENT EVENTS - Narrative (Details)
$ / shares in Units, $ in Millions
 3 Months Ended 4 Months Ended 6 Months Ended
May 12, 2023
$ / shares
Jul. 09, 2023
USD ($)
Apr. 16, 2023
$ / shares
Apr. 17, 2022
$ / shares
Jan. 22, 2023
$ / shares
Apr. 16, 2023
$ / shares
Apr. 17, 2022
$ / shares
Apr. 17, 2023
restaurant
Subsequent Event [Line Items]                
Cash dividends declared per common share (in USD per share) | $ / shares     $ 0.44 $ 0.44 $ 0.44 $ 0.88 $ 0.88  
Subsequent Event                
Subsequent Event [Line Items]                
Number of restaurants | restaurant               39
Proceeds from divestitures | $   $ 17.5            
Cash dividends declared per common share (in USD per share) | $ / shares $ 0.44              
Subsequent Event | Las Vegas Market                
Subsequent Event [Line Items]                
Number of restaurants | restaurant               17
Proceeds from divestitures | $   $ 13.7