XML 43 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings Per Share and Certain Related Information (Tables)
 9 Months Ended
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 EndedNine Months Ended
July 2, 2021June 26, 2020July 2, 2021June 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 shares130,385 130,229 130,205 131,995 
Shares allocated to participating securities— (14)— (36)
Shares used for calculating basic EPS attributable to common stock130,385 130,215 130,205 131,959 
Effect of dilutive securities:
Stock compensation plans1,035 1,048 1,040 1,188 
Shares used for calculating diluted EPS attributable to common stock131,420 131,263 131,245 133,147 
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 RepurchasedTotal Shares Retired
$2,000,000,000$98.81251,001251,001
(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 DateRecord DatePayment DateCash Amount (per share)
April 22, 2021May 28, 2021June 25, 2021$0.21
January 27, 2021February 26, 2021March 26, 2021$0.21
September 17, 2020October 2, 2020October 30, 2020$0.19
July 9, 2020July 24, 2020August 21, 2020$0.19
May 5, 2020May 20, 2020June 17, 2020$0.19
January 16, 2020January 31, 2020February 28, 2020$0.19
September 19, 2019October 4, 2019November 1, 2019$0.17