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Earnings Per Share and Certain Related Information (Tables) | 9 Months Ended
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Jul. 02, 2021
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 July 2, 2021 and June 26, 2020 (in thousands):
| Three Months Ended |  | Nine Months Ended
| July 2, 2021 |  | June 26, 2020 |  | July 2, 2021 |  | June 26, 2020
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |
Net earnings attributable to Jacobs from continuing operations | $ | 165,410 |  |  | $ | 226,886 |  |  | $ | 422,195 |  |  | $ | 284,344 |
Preferred Redeemable Noncontrolling interests redemption value adjustment (See Note 15- PA Consulting Business Combination) | (57,307) |  |  | — |  |  | (57,307) |  |  | — |
Net earnings from continuing operations allocated to participating securities | — |  |  | (24) |  |  | — |  |  | (77) |
Net earnings from continuing operations allocated to common stock for EPS calculation | $ | 108,103 |  |  | $ | 226,862 |  |  | $ | 364,888 |  |  | $ | 284,267 |
Net earnings attributable to Jacobs from discontinued operations | $ | 384 |  |  | $ | 18,043 |  |  | $ | 11,690 |  |  | $ | 125,511 |
Net earnings from discontinued operations allocated to participating securities | — |  |  | (2) |  |  | — |  |  | (34) |
Net earnings from discontinued operations allocated to common stock for EPS calculation | $ | 384 |  |  | $ | 18,041 |  |  | $ | 11,690 |  |  | $ | 125,477 |
Net earnings allocated to common stock for EPS calculation | $ | 108,487 |  |  | $ | 244,903 |  |  | $ | 376,578 |  |  | $ | 409,744 |
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |
Weighted average basic shares | 130,385 |  |  | 130,229 |  |  | 130,205 |  |  | 131,995 |
Shares allocated to participating securities | — |  |  | (14) |  |  | — |  |  | (36) |
Shares used for calculating basic EPS attributable to common stock | 130,385 |  |  | 130,215 |  |  | 130,205 |  |  | 131,959 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock compensation plans | 1,035 |  |  | 1,048 |  |  | 1,040 |  |  | 1,188 |
Shares used for calculating diluted EPS attributable to common stock | 131,420 |  |  | 131,263 |  |  | 131,245 |  |  | 133,147 |
Net Earnings Per Share: |  |  |  |  |  |  |
Basic Net Earnings from Continuing Operations Per Share | $ | 0.83 |  |  | $ | 1.74 |  |  | $ | 2.80 |  |  | $ | 2.15 |
Basic Net Earnings from Discontinued Operations Per Share | $ | — |  |  | $ | 0.14 |  |  | $ | 0.09 |  |  | $ | 0.95 |
Basic Earnings Per Share | $ | 0.83 |  |  | $ | 1.88 |  |  | $ | 2.89 |  |  | $ | 3.11 |
Diluted Net Earnings from Continuing Operations Per Share | $ | 0.82 |  |  | $ | 1.73 |  |  | $ | 2.78 |  |  | $ | 2.13 |
Diluted Net Earnings from Discontinued Operations Per Share | $ | — |  |  | $ | 0.14 |  |  | $ | 0.09 |  |  | $ | 0.94 |
Diluted Earnings Per Share | $ | 0.83 |  |  | $ | 1.87 |  |  | $ | 2.87 |  |  | $ | 3.08 |
Share Repurchases | The following table summarizes the activity under the 2019 and 2020 Repurchase Authorizations through the third fiscal quarter of 2021:
Amount Authorized (2019 and 2020 Repurchase Authorizations) |  | Average Price Per Share (1) |  | Shares Repurchased |  | Total Shares Retired
$2,000,000,000 |  | $98.81 |  | 251,001 |  | 251,001
(1)Includes commissions paid and calculated at the average price per share
Dividends Declared | Dividends paid through the third fiscal quarter of 2021 and the preceding fiscal year are as follows:
Declaration Date |  | Record Date |  | Payment Date |  | Cash Amount (per share) |  |
April 22, 2021 |  | May 28, 2021 |  | June 25, 2021 |  | $0.21 |  |
January 27, 2021 |  | February 26, 2021 |  | March 26, 2021 |  | $0.21 |  |
September 17, 2020 |  | October 2, 2020 |  | October 30, 2020 |  | $0.19 |  |
July 9, 2020 |  | July 24, 2020 |  | August 21, 2020 |  | $0.19 |  |
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 |  |

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