What were the weighted-average shares outstanding (basic) for Jack In The Box in 2022?
Jack_In_The_Box Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Weighted-average shares outstanding — basic | 19,572 | 20,603 | 21,195 |
| Effect of potentially dilutive securities: | |||
| Nonvested stock awards and units | _ | 134 | 47 |
| Stock options | _ | 1 | 1 |
| Performance share awards | _ | 26 | 2 |
| Weighted-average shares outstanding — diluted | 19,572 | 20,764 | 21,245 |
| Excluded from diluted weighted-average shares outstanding: | |||
| Antidilutive | 153 | 25 | 23 |
| Performance conditions not satisfied at the end of the period | 145 | 81 | 61 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 93–94)
What This Means (2025 FDD)
According to Jack In The Box's 2025 Franchise Disclosure Document, the weighted-average shares outstanding (basic) for 2022 were 21,195. This number is used to calculate the basic earnings per share, which is a financial metric that indicates a company's profitability on a per-share basis.
For a potential franchisee, understanding the shares outstanding can provide insight into the equity structure of Jack In The Box. It's important to note that this figure represents the average number of shares outstanding during the fiscal year, not necessarily the number of shares at any specific point in time. The company also calculates diluted weighted-average shares outstanding, which includes the effect of potentially dilutive securities such as stock options and nonvested stock awards.
The difference between basic and diluted shares outstanding can indicate the potential impact of these securities on earnings per share. In 2022, the diluted weighted-average shares outstanding were 21,245, slightly higher than the basic figure due to the inclusion of nonvested stock awards and units, and stock options. This difference is relatively small, suggesting that the potential dilution from these securities was not significant in that year.
Reviewing these figures over several years, as presented in the FDD, can help a prospective franchisee understand trends in Jack In The Box's equity structure and potential dilution. It's also important to consider these figures in conjunction with other financial metrics to get a comprehensive view of the company's financial performance and stability.