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Earnings Per Share and Certain Related Information (Tables) | 9 Months Ended
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Jun. 26, 2020
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 26, 2020 and June 28, 2019 (in thousands):
| Three Months Ended |  |  |  | Nine Months Ended |  |  |  |  |  |
| June 26, 2020 |  | June 28, 2019 |  | June 26, 2020 |  | June 28, 2019 |  |  |  |
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Jacobs from continuing operations | $ | 226,886 |  |  | $ | 89,365 |  |  | $ | 284,344 |  |  | $ | 269,012 |  |  |  |  |
Net earnings from continuing operations allocated to participating securities | (24) |  |  | (105) |  |  | (77) |  |  | (444) |  |  |  |  |
Net earnings from continuing operations allocated to common stock for EPS calculation | $ | 226,862 |  |  | $ | 89,260 |  |  | $ | 284,267 |  |  | $ | 268,568 |  |  |  |  |
Net earnings attributable to Jacobs from discontinued operations | $ | 18,043 |  |  | $ | 435,077 |  |  | $ | 125,511 |  |  | $ | 436,642 |  |  |  |  |
Net earnings from discontinued operations allocated to participating securities | (2) |  |  | (513) |  |  | (34) |  |  | (720) |  |  |  |  |
Net earnings from discontinued operations allocated to common stock for EPS calculation | $ | 18,041 |  |  | $ | 434,564 |  |  | $ | 125,477 |  |  | $ | 435,922 |  |  |  |  |
Net earnings allocated to common stock for EPS calculation | $ | 244,903 |  |  | $ | 523,824 |  |  | $ | 409,744 |  |  | $ | 704,490 |  |  |  |  |
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |
Weighted average basic shares | 130,229 |  |  | 136,772 |  |  | 131,995 |  |  | 139,263 |  |  |  |  |
Shares allocated to participating securities | (14) |  |  | (161) |  |  | (36) |  |  | (230) |  |  |  |  |
Shares used for calculating basic EPS attributable to common stock | 130,215 |  |  | 136,611 |  |  | 131,959 |  |  | 139,033 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans | 1,048 |  |  | 1,212 |  |  | 1,188 |  |  | 1,206 |  |  |  |  |
Shares used for calculating diluted EPS attributable to common stock | 131,263 |  |  | 137,823 |  |  | 133,147 |  |  | 140,239 |  |  |  |  |
Net Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |
Basic Net Earnings from Continuing Operations Per Share | $ | 1.74 |  |  | $ | 0.65 |  |  | $ | 2.15 |  |  | $ | 1.93 |  |  |  |  |
Basic Net Earnings from Discontinued Operations Per Share | $ | 0.14 |  |  | $ | 3.18 |  |  | $ | 0.95 |  |  | $ | 3.14 |  |  |  |  |
Basic Earnings Per Share | $ | 1.88 |  |  | $ | 3.83 |  |  | $ | 3.11 |  |  | $ | 5.07 |  |  |  |  |
Diluted Net Earnings from Continuing Operations Per Share | $ | 1.73 |  |  | $ | 0.65 |  |  | $ | 2.13 |  |  | $ | 1.92 |  |  |  |  |
Diluted Net Earnings from Discontinued Operations Per Share | $ | 0.14 |  |  | $ | 3.15 |  |  | $ | 0.94 |  |  | $ | 3.11 |  |  |  |  |
Diluted Earnings Per Share | $ | 1.87 |  |  | $ | 3.80 |  |  | $ | 3.08 |  |  | $ | 5.02 |  |  |  |  |
Share Repurchases | The following table summarizes the activity under the 2019 Repurchase Authorization during fiscal 2020:
Amount Authorized (2019 Repurchase Authorization) |  | Average Price Per Share (1) |  | Shares Repurchased |  | Total Shares Retired
$1,000,000,000 |  | $79.93 |  | 3,576,104 |  | 3,576,104
(1)Includes commissions paid and calculated at the average price per share
Dividends Declared | Dividends paid through the third fiscal quarter of 2020 and the preceding fiscal year are as follows:
Declaration Date |  | Record Date |  | Payment Date |  | Cash Amount (per share) |  |
May 5, 2020 |  | May 20, 2020 |  | June 17, 2020 |  | $0.19 |  |
January 16, 2020 |  | January 31, 2020 |  | February 28, 2020 |  | $0.19 |  |
September 19, 2019 |  | October 4, 2019 |  | November 1, 2019 |  | $0.17 |  |
July 11, 2019 |  | July 26, 2019 |  | August 23, 2019 |  | $0.17 |  |
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 |  |

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- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
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