Earnings Per Share and Dividends

3 Months Ended

Nov. 30, 2017

Earnings Per Share and Dividends [Abstract]

2. Earnings Per Share and Dividends

Earnings Per Share

The Company calculates its basic earnings per share by dividing net income attributable to Jabil Inc. by the weighted average number of common shares outstanding during the period. The Company’s diluted earnings per share is calculated in a similar manner, but includes the effect of dilutive securities. The difference between the weighted average number of basic shares outstanding and the weighted average number of diluted shares outstanding is primarily due to dilutive unvested restricted stock awards and dilutive stock appreciation rights.

Potential shares of common stock are excluded from the computation of diluted earnings per share when their effect would be antidilutive. Performance-based restricted stock awards are considered dilutive when the related performance criterion have been met assuming the end of the reporting period represents the end of the performance period. All potential shares of common stock are antidilutive in periods of net loss. Potential shares of common stock not included in the computation of earnings per share because their effect would have been antidilutive or because the performance criterion was not met were as follows (in thousands):

	Three months ended
	November 30, 2017		November 30, 2016
Stock appreciation rights		―		1,406
Restricted stock awards		2,549		5,028

Dividends

The following table sets forth cash dividends declared by the Company to common stockholders during the three months ended November 30, 2017 and 2016 (in thousands, except for per share data):

Total of Cash

Dividend

Dividends

Date of Record for

Dividend Cash

Declaration Date

per Share

Declared

Dividend Payment

Payment Date

Fiscal Year 2018:

October 19, 2017

0.08

14,588

November 15, 2017

December 1, 2017

Fiscal Year 2017:

October 20, 2016

0.08

15,248

November 15, 2016

December 1, 2016