XML 44 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Discontinued Operations - Sale of Energy, Chemicals and Resources ("ECR") Business (Tables)
 3 Months Ended
Dec. 28, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following tables represent the assets and liabilities held for sale (in thousands):
 
December 28, 2018
 
September 28, 2018
Cash and cash equivalents
$
27,195

 
$
21,138

Receivables and contract assets
1,134,795

 
1,040,996

Prepaid expenses and other
39,280

 
37,200

Current assets held for sale
$
1,201,270

 
$
1,099,334


 
December 28, 2018
 
September 28, 2018
Property, Equipment and Improvements, net
$
198,520

 
$
199,847

Goodwill
1,290,723

 
1,308,000

Intangibles, net
81,834

 
83,005

Miscellaneous
109,832

 
110,838

Noncurrent assets held for sale
$
1,680,909

 
$
1,701,690


 
December 28, 2018
 
September 28, 2018
Notes payable
$
1,537

 
$
1,782

Accounts payable
247,046

 
351,482

Accrued liabilities
303,933

 
321,627

Contract liabilities
239,763

 
146,679

Current liabilities held for sale
$
792,279

 
$
821,570


 
December 28, 2018
 
September 28, 2018
Long-term Debt
$
1,685

 
$
2,710

Other Deferred Liabilities
$
137,037

 
$
147,894

Noncurrent liabilities held for sale
$
138,722

 
$
150,604

    

The significant components included in our Consolidated Statements of Cash Flows for the discontinued operations are as follows (in thousands):
 
For the Three Months Ended
 
December 28, 2018
 
December 29, 2017
Depreciation and amortization:
 
 
 
Property, equipment and improvements
$
2,109.6

 
$
6,355.9

Intangible assets
613.8

 
3,251.3

Additions to property and equipment
(1,254.1
)
 
(7,621.0
)
Stock based compensation
3,615.0

 
2,364.5

The following table represents earnings from discontinued operations, net of tax (in thousands):
 
For the Three Months Ended
 
December 28, 2018
 
December 29, 2017
Revenues
$
1,164,707

 
$
966,312

Direct cost of contracts
(995,606
)
 
(826,502
)
Gross profit
169,101

 
139,810

Selling, general and administrative expenses
(91,010
)
 
(93,546
)
Operating Profit
78,091

 
46,264

Total other (expense) income, net
2,120

 
2,355

Earnings Before Taxes from Discontinued Operations
80,211

 
48,619

Income Tax Expense
(20,053
)
 
(12,155
)
Net Earnings of the Group from Discontinued Operations
$
60,158

 
$
36,464