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Business Combinations (Tables)

3 Months Ended

Dec. 27, 2019

Business Combinations [Abstract]

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following summarizes the fair values of KeyW assets and acquired liabilities assumed as of the acquisition date (in millions): 

Assets
Cash and cash equivalents			$	29.1
Receivables			80.1
Inventories, net			21.3
Prepaid expenses and other			2.5
Property, equipment and improvements, net			25.9
Deferred tax asset and other			35.4
Goodwill			613.1
Identifiable intangible assets			179.0
Total Assets			$	986.4
Liabilities
Accounts payable			$	8.3
Accrued expenses			68.7
Short term debt			298.4
Other current liabilities			3.9
Other non-current liabilities			2.9
Total Liabilities			382.2
Net assets acquired			$	604.2

Summary of Unaudited Proforma Operating Results

The following presents summarized unaudited pro forma operating results of Jacobs assuming that the Company had acquired KeyW at October 1, 2017. These pro forma operating results are presented for illustrative purposes only and are not indicative of the operating results that would have been achieved had the related events occurred (in millions, except per share data):

			Three Months Ended December 28, 2018
Revenues			$	3,210.1
Net earnings of the Group			$	69.0
Net earnings (loss) attributable to Jacobs			$	64.5
Net earnings (loss) attributable to Jacobs per share:
Basic earnings (loss) per share			$	0.45
Diluted earnings (loss) per share			$	0.45

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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- References

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X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472

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