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Earnings Per Share and Certain Related Information (Tables)

9 Months Ended

Jun. 28, 2019

Earnings Per Share Reconciliation [Abstract]

Earnings Per Share

The following table reconciles the denominator used to compute basic EPS to the denominator used to compute diluted EPS 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
Numerator for Basic and Diluted EPS:
Net earnings (loss) attributable to Jacobs from continuing operations	$	89,365			$	113,336			$	269,012			$	72,811
Net earnings (loss) from continuing operations allocated to participating securities	(105		)		(475		)		(444		)		(325		)
Net earnings (loss) from continuing operations allocated to common stock for EPS calculation	$	89,260			$	112,861			$	268,568			$	72,486
Net earnings (loss) attributable to Jacobs from discontinued operations	$	435,077			$	36,886			$	436,642			$	128,161
Net earnings (loss) from discontinued operations allocated to participating securities	(513		)		(155		)		(720		)		(573		)
Net earnings (loss) from discontinued operations allocated to common stock for EPS calculation	$	434,564			$	36,731			$	435,922			$	127,588
Net earnings allocated to common stock for EPS calculation	$	523,824			$	149,592			$	704,490			$	200,074
Denominator for Basic and Diluted EPS:
Weighted average basic shares	136,772				142,612				139,263				136,717
Shares allocated to participating securities	(161		)		(597		)		(230		)		(743		)
Shares used for calculating basic EPS attributable to common stock	136,611				$	142,015			$	139,033			$	135,974
Effect of dilutive securities:
Stock compensation plans	1,212				1,014				1,206				1,028
Shares used for calculating diluted EPS attributable to common stock	137,823				143,029				140,239				137,002
Net Earnings Per Share:
Basic Net Earnings from Continuing Operations Per Share	$	0.65			$	0.79			$	1.93			$	0.53
Basic Net Earnings from Discontinued Operations Per Share	$	3.18			$	0.26			$	3.14			$	0.94
Basic EPS	$	3.83			$	1.05			$	5.07			$	1.47
Diluted Net Earnings from Continuing Operations Per Share	$	0.65			$	0.79			$	1.92			$	0.53
Diluted Net Earnings from Discontinued Operations Per Share	$	3.15			$	0.26			$	3.11			$	0.93
Diluted EPS	$	3.80			$	1.05			$	5.02			$	1.46

Share Repurchases

The following table summarizes the activity under this program during fiscal 2019:

Amount Authorized		Average Price Per Share (1)		Total Shares Retired		Shares Repurchased
$500,000,000		$61.74		4,005,007		4,005,007

(1)

Includes commissions paid and calculated at the average price per share.

The following table summarizes the activity under this program during fiscal 2019:

Amount Authorized		Average Price Per Share (1)		Total Shares Retired		Shares Repurchased
$1,000,000,000		$75.33		3,680,017		3,680,017

Dividends Declared

ividends paid through the third fiscal quarter of 2019 and the preceding fiscal year are as follows:  

Declaration Date		Record Date		Payment Date		Cash Amount (per share)
May 2, 2019		May 17, 2019		June 14, 2019		$0.17
January 17, 2019		February 15, 2019		March 15, 2019		$0.17
September 11, 2018		September 28, 2018		October 26, 2018		$0.15
July 19, 2018		August 3, 2018		August 31, 2018		$0.15
May 3, 2018		May 18, 2018		June 15, 2018		$0.15
January 18, 2018		February 16, 2018		March 16, 2018		$0.15
September 27, 2017		October 13, 2017		November 10, 2017		$0.15

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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