XML 28 R16.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Restructuring and Other Charges | 6 Months Ended
--- | ---
Mar. 30, 2018
Restructuring and Related Activities [Abstract] |
Restructuring and Other Charges | Restructuring and Other Charges During the fourth fiscal quarter of 2017, the Company implemented certain restructuring activities (primarily severance and lease abandonment costs associated with co-locating Jacobs and CH2M offices) and integration activities (primarily professional fees for outside services and personnel related costs) associated with the Company’s acquisition of CH2M. Following the closing of the CH2M acquisition, these activities have continued into the first half of 2018 and include restructuring activities amounting to approximately $55.2 million and $60.7 million in pre-tax charges during the three and six month periods ended March 30, 2018, respectively. The integration activities for the same periods amounted to approximately $14.2 million and $28.0 million in pre-tax charges for the three and six months ended March 30, 2018, respectively. These activities are expected to continue through fiscal 2019. These activities are not expected to involve the exit of any service types or client end-markets. During the second fiscal quarter of 2017, the Company entered into strategic business restructuring activities associated with realignment of its Europe, United Kingdom ("U.K.") and Middle East regional operations in our BIAF segment. Pre-tax net charges of $22.6 million were recorded associated mainly with net realizable value write-offs on contract accounts receivable of $16.5 million, with additional charges recorded for statutory redundancy and severance costs of $1.4 million and other liabilities of $4.7 million which are both expected to be paid or settled within the next 12 months. Additional charges of $1.2 million were recorded under this business realignment during third quarter fiscal 2017 associated mainly with contract accounts receivable charges. During the second fiscal quarter of 2015, the Company began implementing a series of initiatives intended to improve operational efficiency, reduce costs, and better position itself to drive growth of the business in the future. We refer to these initiatives, in the aggregate, as the “2015 Restructuring”. These activities evolved and developed over time as management identified and evaluated opportunities for changes in the Company’s operations (and related areas of potential cost savings), as economic conditions changed and as the realignment of the Company’s operations into its four global LOBs was implemented. Actions related to the 2015 Restructuring included involuntary terminations, the abandonment of certain leased offices, combining operational organizations, and the colocation of employees into other existing offices. These activities did not involve the exit of any service types or client end-markets. The 2015 Restructuring was completed in fiscal 2017, although related cash payments continue to be made under the related accruals recorded in connection with these activities. Collectively, the above mentioned restructuring activities are referred to as “Restructuring and other charges.” The following table summarizes the impacts of the Restructuring and other charges (or recoveries, which primarily relate to the reversals of lease abandonment accruals related to previously vacated facilities which are now planned to be utilized) on the Company’s reportable segment income by line of business in connection with the CH2M acquisition for the three and six months ended March 30, 2018 and the 2015 Restructuring and realignment of the Company's Europe, U.K. and Middle East regional operations for the three and six months ended March 31, 2017 (in thousands):
| Three Months Ended |  | Six Months Ended
| March 30, 2018 |  | March 31, 2017 |  | March 30, 2018 |  | March 31, 2017
Aerospace, Technology, Environmental and Nuclear | $ | 1,409 |  |  | $ | 1,274 |  |  | $ | 1,722 |  |  | $ | 1,646 |
Buildings, Infrastructure and Advanced Facilities | 18,287 |  |  | 9,996 |  |  | 21,178 |  |  | 18,002 |
Energy, Chemicals and Resources | (7,588 | ) |  | 20,634 |  |  | (3,967 | ) |  | 36,442 |
Corporate | 57,243 |  |  | 20,362 |  |  | 69,768 |  |  | 27,917 |
Total | $ | 69,351 |  |  | $ | 52,266 |  |  | $ | 88,701 |  |  | $ | 84,007 |
The activity in the Company’s accrual for the Restructuring and other charges for the six-month period ended March 30, 2018 is as follows (in thousands):
Balance at Balance at September 29, 2017 | $ | 142,767 |
CH2M Acquisition Assumed Liabilities | 31,576 |
CH2M Charges | 88,701 |
Payments | (77,093 | )
Balance at Balance at March 30, 2018 | $ | 185,951 |
The following table summarizes the Restructuring and other charges by major type of costs in connection with the CH2M acquisition for the three and six month periods ended March 30, 2018, and the 2015 Restructuring and realignment of the Company's Europe, U.K. and Middle East regional operations for the three and six months ended March 31, 2017 (in thousands):
| Three Months Ended |  | Six Months Ended
| March 30, 2018 |  | March 31, 2017 |  | March 30, 2018 |  | March 31, 2017
Lease Abandonments | $ | 37,073 |  |  | $ | 27,992 |  |  | $ | 40,436 |  |  | $ | 44,601 |
Involuntary Terminations | 16,936 |  |  | 18,554 |  |  | 19,120 |  |  | 29,886 |
Outside Services | 8,170 |  |  | 2,261 |  |  | 16,759 |  |  | 3,552 |
Other | 7,172 |  |  | 3,459 |  |  | 12,386 |  |  | 5,968 |
Total | $ | 69,351 |  |  | $ | 52,266 |  |  | $ | 88,701 |  |  | $ | 84,007 |
Cumulative amounts incurred to date for Restructuring and other charges by each major type of cost as of March 30, 2018 are as follows (in thousands):
Lease Abandonments | $ | 279,295 |
Involuntary Terminations | 203,699 |
Outside Services | 41,127 |
Other | 21,317 |
Total | $ | 545,438 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration