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Revenue Accounting for Contracts | 3 Months Ended
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Dec. 27, 2019
Revenue from Contract with Customer [Abstract] |
Revenue Accounting for Contracts | Revenue Accounting for Contracts Disaggregation of Revenues Our revenues are principally derived from contracts to provide a diverse range of technical, professional, and construction services to a large number of industrial, commercial, and governmental clients. We provide a broad range of engineering, design, and architectural services; construction and construction management services; operations and maintenance services; and process, scientific, and systems consulting services. We provide our services through offices and subsidiaries located primarily in North America, South America, Europe, the Middle East, India, Australia, Africa, and Asia. We provide our services under cost-reimbursable and fixed-price contracts. Our contracts are with many different customers in numerous industries. Refer to Note 8- Segment Information for additional information on how we disaggregate our revenues by reportable segment. The following table further disaggregates our revenue by geographic area for the three months ended December 27, 2019 and December 28, 2018 (in thousands):
| Three Months Ended |  |  |  |  |  |
| December 27, 2019 |  | December 28, 2018 |  |  |  |
Revenues: |  |  |  |  |  |  |
United States | $ | 2,532,705 |  |  | $ | 2,182,304 |  |  |  |  |
Europe | 551,272 |  |  | 614,224 |  |  |  |  |
Canada | 55,396 |  |  | 50,488 |  |  |  |  |
Asia | 30,440 |  |  | 35,611 |  |  |  |  |
India | 5,980 |  |  | 12,639 |  |  |  |  |
Australia and New Zealand | 129,194 |  |  | 126,647 |  |  |  |  |
South America and Mexico | 11 |  |  | 2,649 |  |  |  |  |
Middle East and Africa | 55,051 |  |  | 59,226 |  |  |  |  |
Total | $ | 3,360,049 |  |  | $ | 3,083,788 |  |  |  |  |
Contract Liabilities Contract liabilities represent amounts billed to clients in excess of revenue recognized to date. Revenue recognized for the three months ended December 27, 2019 and December 28, 2018 that was included in the contract liability balance on September 27, 2019 and September 28, 2018, respectively was $244.1 million and $225.2 million, respectively. Remaining Performance Obligations The Company’s remaining performance obligations as of December 27, 2019 represent a measure of the total dollar value of work to be performed on contracts awarded and in progress. The Company had approximately $13.42 billion in remaining performance obligations as of December 27, 2019. The Company expects to recognize approximately 48% of our remaining performance obligations into revenue within the next twelve months and the remaining 52% thereafter. Although remaining performance obligations reflect business that is considered to be firm, cancellations, scope adjustments, foreign currency exchange fluctuations or deferrals may occur that impact their volume or the expected timing of their recognition. Remaining performance obligations are adjusted to reflect any known project cancellations, revisions to project scope and cost, foreign currency exchange fluctuations and project deferrals, as appropriate.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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