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Revenue Accounting for Contracts and Adoption of ASC Topic 606 (Tables) | 9 Months Ended
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Jun. 28, 2019
Revenue from Contract with Customer [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles | The following table presents how the adoption of ASC Topic 606 affected certain line items in the Consolidated Balance Sheets:
| June 28, 2019
(in thousands) | Recognition Under Previous Guidance |  | Impact of the Adoption of ASC Topic 606 |  | Recognition Under ASC Topic 606
Receivables and contract assets (previously presented as Receivables) | $ | 2,775,479 |  |  | $ | 3,710 |  |  | $ | 2,779,189 |
Current assets held for sale | $ | 4,920 |  |  | $ | (2,216 | ) |  | $ | 2,704 |
Miscellaneous noncurrent assets | $ | 771,423 |  |  | $ | (3,321 | ) |  | $ | 768,102 |
Contract Liabilities (previously presented as Billings in excess of costs) | $ | 519,561 |  |  | $ | (13,167 | ) |  | $ | 506,394 |
Current liabilities held for sale | $ | 5,470 |  |  | $ | (3,367 | ) |  | $ | 2,103 |
The following table presents how the adoption of ASC Topic 606 affected certain line items in the Consolidated Statements of Earnings:
| Three Months Ended |  | Nine Months Ended
| June 28, 2019 |  | June 28, 2019
(in thousands) | Recognition Under Previous Guidance |  | Impact of the Adoption of ASC Topic 606 |  | Recognition Under ASC Topic 606 |  | Recognition Under Previous Guidance |  | Impact of the Adoption of ASC Topic 606 |  | Recognition Under ASC Topic 606
Revenues | $ | 3,166,867 |  |  | $ | 2,755 |  |  | $ | 3,169,622 |  |  | $ | 9,328,219 |  |  | $ | 16,786 |  |  | $ | 9,345,005 |
Direct costs of contracts | (2,543,488 | ) |  | — |  |  | (2,543,488 | ) |  | (7,533,511 | ) |  | — |  |  | (7,533,511 | )
Gross profit | 623,379 |  |  | 2,755 |  |  | 626,134 |  |  | 1,794,708 |  |  | 16,786 |  |  | 1,811,494 |
Operating Profit | 87,199 |  |  | 2,755 |  |  | 89,954 |  |  | 288,977 |  |  | 16,786 |  |  | 305,763 |
Earnings from Continuing Operations Before Taxes | 90,644 |  |  | 2,755 |  |  | 93,399 |  |  | 280,633 |  |  | 16,786 |  |  | 297,419 |
Income tax expense for Continuing Operations | 2,831 |  |  | (850 | ) |  | 1,981 |  |  | (9,508 | ) |  | (3,321 | ) |  | (12,829 | )
Net Earnings of the Group from Continuing Operations | 93,475 |  |  | 1,905 |  |  | 95,380 |  |  | 271,125 |  |  | 13,465 |  |  | 284,590 |
Net Earnings of the Group from Discontinued Operations | 434,442 |  |  | 1,242 |  |  | 435,684 |  |  | 434,087 |  |  | 4,750 |  |  | 438,837 |
Net Earnings of the Group | 527,917 |  |  | 3,147 |  |  | 531,064 |  |  | 705,212 |  |  | 18,215 |  |  | 723,427 |
Net Earnings Attributable to Jacobs from Continuing Operations | 87,460 |  |  | 1,905 |  |  | 89,365 |  |  | 255,547 |  |  | 13,465 |  |  | 269,012 |
Net Earnings Attributable to Jacobs from Discontinued Operations | 433,835 |  |  | 1,242 |  |  | 435,077 |  |  | 431,892 |  |  | 4,750 |  |  | 436,642 |
Net Earnings Attributable to Jacobs | $ | 521,295 |  |  | $ | 3,147 |  |  | $ | 524,442 |  |  | $ | 687,439 |  |  | $ | 18,215 |  |  | $ | 705,654 |
Disaggregation of Revenue | The following table further disaggregates our revenue by geographic area for the three and nine months ended June 28, 2019 and June 29, 2018 (in thousands):
| Three Months Ended |  | Nine Months Ended
| June 28, 2019 |  | June 29, 2018 |  | June 28, 2019 |  | June 29, 2018
Revenues: |  |  |  |  |  |  |
United States | $ | 2,357,836 |  |  | $ | 2,047,974 |  |  | $ | 6,701,474 |  |  | $ | 5,086,405 |
Europe | 491,036 |  |  | 561,689 |  |  | 1,706,163 |  |  | 1,649,181 |
Canada | 59,830 |  |  | 56,104 |  |  | 160,339 |  |  | 115,659 |
Asia | 33,918 |  |  | 45,241 |  |  | 113,294 |  |  | 119,699 |
India | 12,129 |  |  | 13,629 |  |  | 43,131 |  |  | 38,987 |
Australia and New Zealand | 136,711 |  |  | 146,536 |  |  | 386,594 |  |  | 437,244 |
South America and Mexico | 1,225 |  |  | 5,964 |  |  | 7,244 |  |  | 12,924 |
Middle East and Africa | 76,937 |  |  | 56,486 |  |  | 226,766 |  |  | 127,817 |
Total | $ | 3,169,622 |  |  | $ | 2,933,623 |  |  | $ | 9,345,005 |  |  | $ | 7,587,916 |

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