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Earnings Per Share and Certain Related Information (Tables) | 6 Months Ended
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Mar. 28, 2025
Earnings Per Share Reconciliation [Abstract] |
Schedule of 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 six months ended March 28, 2025 and March 29, 2024 (in thousands):
| Three Months Ended |  | Six Months Ended
| March 28, 2025 |  | March 29, 2024 |  | March 28, 2025 |  | March 29, 2024
Numerator for Basic and Diluted EPS: |  |  |  |  |  |  |
Net earnings (loss) attributable to Jacobs from continuing operations | $ | 11,162 |  |  | $ | 92,236 |  |  | $ | (5,966) |  |  | $ | 220,580 |
Preferred Redeemable Noncontrolling interests redemption value adjustment (See Note 16- PA Consulting Redeemable Noncontrolling Interests) | 1,244 |  |  | — |  |  | 5,812 |  |  | 1,766 |
Net earnings (loss) from continuing operations allocated to common stock for EPS calculation | $ | 12,406 |  |  | $ | 92,236 |  |  | $ | (154) |  |  | $ | 222,346 |
Net (loss) earnings from discontinued operations allocated to common stock for EPS calculation | $ | (5,550) |  |  | $ | 69,876 |  |  | $ | (6,551) |  |  | $ | 113,142 |
Net earnings (loss) allocated to common stock for EPS calculation | $ | 6,856 |  |  | $ | 162,112 |  |  | $ | (6,705) |  |  | $ | 335,488 |
Denominator for Basic and Diluted EPS: |  |  |  |  |  |  |
Shares used for calculating basic EPS attributable to common stock | 122,257 |  |  | 125,712 |  |  | 123,156 |  |  | 125,909 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock compensation plans (1) | 367 |  |  | 499 |  |  | — |  |  | 603 |
Shares used for calculating diluted EPS attributable to common stock | 122,624 |  |  | 126,211 |  |  | 123,156 |  |  | 126,512 |
Net Earnings Per Share: |  |  |  |  |  |  |
Basic Net Earnings from Continuing Operations Per Share | $ | 0.10 |  |  | $ | 0.73 |  |  | $ | — |  |  | $ | 1.77 |
Basic Net (Loss) Earnings from Discontinued Operations Per Share | $ | (0.05) |  |  | $ | 0.56 |  |  | $ | (0.05) |  |  | $ | 0.90 |
Basic Earnings (Loss) Per Share | $ | 0.06 |  |  | $ | 1.29 |  |  | $ | (0.05) |  |  | $ | 2.66 |
Diluted Net Earnings from Continuing Operations Per Share | $ | 0.10 |  |  | $ | 0.73 |  |  | $ | — |  |  | $ | 1.76 |
Diluted Net (Loss) Earnings from Discontinued Operations Per Share | $ | (0.05) |  |  | $ | 0.55 |  |  | $ | (0.05) |  |  | $ | 0.89 |
Diluted Earnings (Loss) Per Share | $ | 0.06 |  |  | $ | 1.28 |  |  | $ | (0.05) |  |  | $ | 2.65 |
Note: Per share amounts may not add due to rounding. |  |  |  |  |  |  |
(1) For the six months ended March 28, 2025, because net (loss) earnings from continuing operations was a loss, the effect of antidilutive securities of 472 was excluded from the denominator in calculating diluted EPS.
Schedule of Share Repurchases | The following table summarizes repurchase ac tivity for fiscal 2025 un der the 2023 Repurchase Authorization through the second fiscal quarter of 2025:
Amount Authorized (2023 Repurchase Authorization) |  | Average Price Per Share (1) |  | Total Shares Repurchased and Retired |  |
$1,000,000,000 |  | $133.51 |  | 3,570,275 |  |
(1)Includes commissions paid and excise tax due under the Inflation Reduction Act of 2022 and calculated at the average price per share. The following table summarizes repurchase ac tivity for fiscal 2025 u nder the 2025 Repurchase Authorization through the second fiscal quarter of 2025:
Amount Authorized (2025 Repurchase Authorization) |  | Average Price Per Share (1) |  | Total Shares Repurchased and Retired |  |
$1,500,000,000 |  | $124.18 |  | 609,962 |  |
(1)Includes commissions paid and excise tax due under the Inflation Reduction Act of 2022 and calculated at the average price per share.
Schedule of Dividends Declared | Dividends paid through the second fiscal quarter of 2025 and the preceding fiscal year are as follows:
Declaration Date |  | Record Date |  | Payment Date |  | Cash Amount (per share) |  |
January 30, 2025 |  | February 21, 2025 |  | March 21, 2025 |  | $0.32 |  |
September 26, 2024 |  | October 25, 2024 |  | November 22, 2024 |  | $0.29 |  |
July 11, 2024 |  | July 26, 2024 |  | August 23, 2024 |  | $0.29 |  |
May 2, 2024 |  | May 24, 2024 |  | June 21, 2024 |  | $0.29 |  |
January 25, 2024 |  | February 23, 2024 |  | March 22, 2024 |  | $0.29 |  |
September 28, 2023 |  | October 27, 2023 |  | November 9, 2023 |  | $0.26 |  |

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