What was the total share-based compensation expense for Del Taco in 2022?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
pense** — The components of share-based compensation expense, included within "Selling, general, and administrative expenses" in our consolidated statements of earnings, in each fiscal year are as follows (in thousands):
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Nonvested restricted stock units | $ 10,128 | $ 7,598 | $ 4,544 |
| Stock options | 4 | 19 | |
| Performance share awards |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, the total share-based compensation expense for the brand in 2022 was $7,122. This figure represents the expenses related to stock options, restricted stock units, performance share awards, restricted stock awards and non-management director's deferred compensation.
Share-based compensation is a non-cash expense that reflects the cost of compensating employees and directors with company stock or stock-related awards. For a prospective Del Taco franchisee, understanding this expense can provide insight into the overall financial health and compensation strategies of the company. It's important to note that this expense does not represent an actual cash outflow but rather an allocation of the company's value to its employees and directors.
This information is part of the broader financial statements of Jack in the Box, the parent company of Del Taco, and is included to provide a comprehensive view of the company's financial performance. Franchisees may want to consider this information in conjunction with other financial metrics to assess the stability and profitability of the Del Taco brand.