REVENUE (Tables)

4 Months Ended

Jan. 21, 2024

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 January 21, 2024 (in thousands):

	Jack in the Box		Del Taco		Total
Company restaurant sales	$	132,057	$	91,983	$	224,040
Franchise rental revenues	105,578		7,618		113,196
Franchise royalties	61,323		9,454		70,777
Marketing fees	61,220		7,731		68,951
Technology and sourcing fees	6,142		1,839		7,981
Franchise fees and other services	2,020		533		2,553
Total revenue	$	368,340	$	119,158	$	487,498

The following table disaggregates revenue by segment and primary source for the quarter ended January 22, 2023 (in thousands):

	Jack in the Box		Del Taco		Total
Company restaurant sales	$	126,142	$	144,049	$	270,191
Franchise rental revenues	106,096		2,734		108,830
Franchise royalties	67,569		6,934		74,503
Marketing fees	60,344		5,654		65,998
Technology and sourcing fees	4,969		718		5,687
Franchise fees and other services	1,797		90		1,887
Total revenue	$	366,917	$	160,179	$	527,096

Changes in Contract Liabilities

A summary of significant changes in contract liabilities is presented below (in thousands):

	Sixteen Weeks Ended
	January 21, 2024		January 22, 2023
Deferred franchise and development fees at beginning of period	$	50,474	$	46,449
Revenue recognized	(1,988)		(1,639)
Additions	1,597		2,240
Deferred franchise and development fees at end of period	$	50,083	$	47,050

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 January 21, 2024 (in thousands):

Remainder of 2024	$	3,626
2025	5,052
2026	4,721
2027	4,377
2028	3,748
Thereafter	20,570
	$	42,094