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Earnings Per Share and Certain Related Information (Tables)
6 Months Ended
Mar. 29, 2019
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 six months ended March 29, 2019 and March 30, 2018 (in thousands):
 
Three Months Ended
 
Six Months Ended
 
March 29, 2019
 
March 30, 2018
 
March 29, 2019
 
March 30, 2018
Numerator for Basic and Diluted EPS:
 
 
 
 
 
 
 
Net earnings (loss) attributable to Jacobs from continuing operations
$
114,755

 
$
(6,290
)
 
$
179,648

 
$
(40,524
)
Net earnings (loss) from continuing operations allocated to participating securities
(191
)
 
33

 
(338
)
 
247

Net earnings (loss) from continuing operations allocated to common stock for EPS calculation
$
114,564

 
$
(6,257
)
 
$
179,310

 
$
(40,277
)
 
 
 
 
 
 
 
 
Net earnings (loss) attributable to Jacobs from discontinued operations
$
(57,838
)
 
$
54,877

 
$
1,565

 
$
91,274

Net earnings (loss) from discontinued operations allocated to participating securities
96

 
(287
)
 
(3
)
 
(557
)
Net earnings (loss) from discontinued operations allocated to common stock for EPS calculation
$
(57,742
)
 
$
54,590

 
$
1,562

 
$
90,717

 
 
 
 
 
 
 
 
Net earnings allocated to common stock for EPS calculation
$
56,822

 
$
48,333

 
$
180,872

 
$
50,440

 
 
 
 
 
 
 
 
Denominator for Basic and Diluted EPS:
 
 
 
 
 
 
 
Weighted average basic shares
138,566


142,531


140,509


133,770

Shares allocated to participating securities
(231
)

(746
)

(264
)

(816
)
Shares used for calculating basic EPS attributable to common stock
$
138,335


$
141,785


$
140,245


$
132,954

 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
Stock compensation plans
981




1,202



Shares used for calculating diluted EPS attributable to common stock
139,316


141,785


141,447


132,954

 
 
 
 
 
 
 
 
Net Earnings Per Share:
 
 
 
 
 
 
 
Basic Net Earnings from Continuing Operations Per Share
$
0.83


$
(0.04
)

$
1.28


$
(0.30
)
Basic Net Earnings from Discontinued Operations Per Share
$
(0.42
)

$
0.39


$
0.01


$
0.68

Basic EPS
$
0.41


$
0.34


$
1.29


$
0.38

Diluted Net Earnings from Continuing Operations Per Share
$
0.82


$
(0.04
)

$
1.27


$
(0.30
)
Diluted Net Earnings from Discontinued Operations Per Share
$
(0.41
)

$
0.39


$
0.01


$
0.68

Diluted EPS
$
0.41


$
0.34


$
1.28


$
0.38

Share Repurchases
The following table summarizes the activity under this program during fiscal 2019:
Amount Authorized
 
Price per share on initial delivery
 
Total Shares
Retired
 
Shares
Repurchased
$1,000,000,000
 
$71.25
 
2,807,018
 
2,807,018
The following table summarizes the activity under this program during fiscal 2019:
Amount Authorized
 
Average Price Per
Share (1)
 
Total Shares
Retired
 
Shares
Repurchased
$500,000,000
 
$61.24
 
3,891,630
 
3,891,630
(1)
Includes commissions paid and calculated at the average price per share.
Dividends Declared
ividends paid during the second fiscal quarter of 2019 and the preceding fiscal year are as follows:  
Declaration Date
 
Record Date
 
Payment Date
 
Cash Amount (per share)
January 17, 2019
 
February 15, 2019
 
March 15, 2019
 
$0.17
September 11, 2018
 
September 28, 2018
 
October 26, 2018
 
$0.15
July 19, 2018
 
August 3, 2018
 
August 31, 2018
 
$0.15
May 3, 2018
 
May 18, 2018
 
June 15, 2018
 
$0.15
January 18, 2018
 
February 16, 2018
 
March 16, 2018
 
$0.15
September 27, 2017
 
October 13, 2017
 
November 10, 2017
 
$0.15