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Restructuring and Other Charges | 3 Months Ended
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Dec. 29, 2023
Restructuring and Related Activities [Abstract] |
Restructuring and Other Charges | Restructuring and Other Charges During fiscal 2023, the Company implemented restructuring and separation initiatives relating to the Separation Transaction which are expected to continue through fiscal 2025. Restructuring initiatives were also implemented during fiscal 2023 relating to our investment in PA Consulting, which is expected to continue through fiscal 2024, and the DVS segment reorganization, which is substantially completed. While restructuring activities for each of these programs are comprised mainly of employee termination costs, the separation activities and costs are primarily related to the engagement of outside services and internal personnel and other related costs dedicated to the Company’s Separation Transaction. During fiscal 2022, the Company implemented certain restructuring and integration initiatives relating to the acquisitions of (i) BlackLynx, Inc. (“BlackLynx”) in November 2021, and (ii) StreetLight Data, Inc. (“StreetLight”) in February 2022. Also, during fiscal 2022 and continuing into fiscal 2023, the Company implemented further real estate rescaling efforts that were associated with its fiscal 2020 transformation program relating to real estate and other staffing initiatives. These initiatives are substantially complete. During the fiscal year ended October 1, 2021, the Company recorded other-than-temporary impairment charges on its equity method investment in AWE Management Ltd (“AWE”) which were included in miscellaneous income (expense), net in the consolidated statement of earnings. During fiscal year 2022, the contractual operating arrangement with UK Ministry of Defence was terminated which has resulted in the wind down and full impairment of the AWE Joint Venture with immaterial activity expected going forward. During fiscal 2021, the Company implemented certain integration initiatives associated with our PA Consulting investment. The activities are substantially completed. During fiscal 2019 and continuing into fiscal 2020, the Company implemented certain restructuring and separation initiatives associated with the ECR sale and other related cost reduction initiatives. The restructuring activities and related costs were comprised mainly of separation and lease abandonment and sublease programs, while the separation activities and costs were mainly related to the engagement of consulting services and internal personnel and other related costs dedicated to the Company’s ECR-business separation. The activities of these initiatives have been substantially completed. As part of the Company's acquisition of CH2M Hill Companies, Ltd. ("CH2M") during fiscal 2018, the Company implemented certain restructuring plans that were comprised mainly of severance and lease abandonment programs as well as integration activities involving the engagement of professional services and internal personnel dedicated to the Company's integration management efforts. The activities of these initiatives have been substantially completed. Collectively, the above-mentioned restructuring activities are referred to as “Restructuring and other charges.” The following table summarizes the impacts of the Restructuring and other charges by reportable segment in connection with the Separation Transaction, PA Consulting investment, DVS segment reorganization, StreetLight and BlackLynx acquisitions, the Company’s transformation initiatives relating to real estate and other staffing programs, the ECR sale, and CH2M acquisition for the three months ended December 29, 2023 and December 30, 2022 (in thousands):
| Three Months Ended |  |
| December 29, 2023 |  | December 30, 2022 |  |  |  |
Critical Mission Solutions | $ | 2,163 |  |  | $ | 2,212 |  |  |  |  |
People & Places Solutions | 8,129 |  |  | 27,317 |  |  |  |  |
Divergent Solutions | 900 |  |  | 1,581 |  |  |  |  |
PA Consulting | 1,175 |  |  | — |  |  |  |  |
Corporate | 29,002 |  |  | 3,333 |  |  |  |  |
Total | $ | 41,369 |  |  | $ | 34,443 |  |  |  |  |
Amounts included in: |  |  |  |  |  |  |
Operating profit (mainly SG&A) (1) | $ | 41,369 |  |  | $ | 35,072 |  |  |  |  |
Other Income, net | — |  |  | (629) |  |  |  |  |
| $ | 41,369 |  |  | $ | 34,443 |  |  |  |  |
(1)The three months ended December 29, 2023 included $40.1 million in restructuring and other charges mainly relating to the Separation Transaction (primarily professional services and employee separation costs). The three months ended December 30, 2022, in cluded $27.8 million in charges associated mainly with real estate impairments and related charges. The activity in the Company’s accruals for Restructuring and other charges for the three months ended December 29, 2023 is as follows (in thousands):
Balance at September 29, 2023 | $ | 37,318 |
Net Charges (Credits) (1) | 41,320 |
Payments and other | (46,145) |
Balance at December 29, 2023 | $ | 32,493 |
(1) Excludes other net charges associated mainly with the real estate related impairments and other transformation activities during the three months ended December 29, 2023. The following table summarizes the Restructuring and other charges by major type of costs for the three months ended December 29, 2023 and December 30, 2022 (in thousands):
| Three Months Ended |  |
| December 29, 2023 |  | December 30, 2022 |  |  |  |
Lease Abandonments and Impairments | $ | 49 |  |  | $ | 26,831 |  |  |  |  |
Voluntary and Involuntary Terminations | 11,728 |  |  | 6,570 |  |  |  |  |
Outside Services (1) | 24,983 |  |  | 675 |  |  |  |  |
Other (2) | 4,609 |  |  | 367 |  |  |  |  |
Total | $ | 41,369 |  |  | $ | 34,443 |  |  |  |  |
(1) Amounts in the three months ended December 29, 2023 are comprised of outside services relating to the Separation Transaction. (2) Amounts in the three months ended December 29, 2023 are comprised of charges relating to the Separation Transaction. Cumulative amounts incurred to date under our various Restructuring and other activities described above by each major type of cost as of December 29, 2023 are as follows (in thousands):
Lease Abandonments and Impairments | $ | 432,773 |
Voluntary and Involuntary Terminations | 180,044 |
Outside Services | 370,673 |
Other | 200,543 |
Total | $ | 1,184,033 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//420/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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