Jack in the Box Inc. (NASDAQ: JACK) today reported earnings from continuing operations of $24.1 million, or $0.54 per diluted share, for the fourth quarter ended September 29, 2013, compared with earnings from continuing operations of $19.2 million, or $0.42 per diluted share, for the fourth quarter of fiscal 2012.
Fiscal 2013 earnings from continuing operations totaled $82.6 million, or $1.84 per diluted share, compared with $68.1 million, or $1.52 per diluted share in fiscal 2012.
Operating earnings per share, a non-GAAP measure which the company defines as diluted earnings per share from continuing operations on a GAAP basis excluding restructuring charges and gains or losses from refranchising, were $0.45 in the fourth quarter of fiscal 2013 compared with $0.31 in the prior year quarter. For fiscal year 2013, operating earnings per share were $1.82 compared with $1.31 last year.
A reconciliation of non-GAAP measurements to GAAP results is provided below, with additional information included in the attachment to this release. Figures may not add due to rounding.
|12 Weeks Ended||52 Weeks Ended|
|Sept. 29,2013||Sept. 30,2012||Sept. 29,2013||Sept. 30,2012|
|Diluted earnings per share fromcontinuing operations – GAAP||$||0.54||$||0.42||$||1.84||$||1.52|
|Gains from refranchising||(0.13||)||(0.16||)||(0.07||)||(0.44||)|
|Operating earnings per share – Non-GAAP||$||0.45||$||0.31||$||1.82||$||1.31|
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