Earnings Per Share and Certain Related Information (Tables)

6 Months Ended

Mar. 27, 2020

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 27, 2020 and March 29, 2019 (in thousands):

	Three Months Ended				Six Months Ended
	March 27, 2020		March 29, 2019		March 27, 2020		March 29, 2019
Numerator for Basic and Diluted EPS:
Net (loss) earnings attributable to Jacobs from continuing operations	$	(121,967)	$	114,755	$	57,458	$	179,648
Net earnings from continuing operations allocated to participating securities	—		(191)		(20)		(338)
Net (loss) earnings from continuing operations allocated to common stock for EPS calculation	$	(121,967)	$	114,564	$	57,438	$	179,310
Net earnings (loss) attributable to Jacobs from discontinued operations	$	29,880	$	(57,838)	$	107,468	$	1,565
Net (earnings) loss from discontinued operations allocated to participating securities	—		96		(38)		(3)
Net earnings (loss) from discontinued operations allocated to common stock for EPS calculation	$	29,880	$	(57,742)	$	107,430	$	1,562
Net (loss) earnings allocated to common stock for EPS calculation	$	(92,087)	$	56,822	$	164,868	$	180,872
Denominator for Basic and Diluted EPS:
Weighted average basic shares	132,556		138,566		132,879		140,509
Shares allocated to participating securities	(25)		(231)		(47)		(264)
Shares used for calculating basic EPS attributable to common stock	132,531		138,335		132,832		140,245
Effect of dilutive securities:
Stock compensation plans (1)	—		981		1,258		1,202
Shares used for calculating diluted EPS attributable to common stock	132,531		139,316		134,090		141,447
Net Earnings Per Share:
Basic Net (Loss) Earnings from Continuing Operations Per Share	$	(0.92)	$	0.83	$	0.43	$	1.28
Basic Net Earnings from Discontinued Operations Per Share	$	0.23	$	(0.42)	$	0.81	$	0.01
Basic (Loss) Earnings Per Share	$	(0.69)	$	0.41	$	1.24	$	1.29
Diluted Net (Loss) Earnings from Continuing Operations Per Share	$	(0.92)	$	0.82	$	0.43	$	1.27
Diluted Net Earnings from Discontinued Operations Per Share	$	0.23	$	(0.41)	$	0.80	$	0.01
Diluted (Loss) Earnings Per Share	$	(0.69)	$	0.41	$	1.23	$	1.28

Share Repurchases

The following table summarizes the activity under the 2019 Repurchase Authorization during fiscal 2020:

Amount Authorized (2019 Repurchase Authorization)	Average Price Per Share (1)	Shares Repurchased	Total Shares Retired
$1,000,000,000	$79.93	3,576,104	3,576,104

_{(1)Includes commissions paid and calculated at the average price per share}

Dividends Declared

Dividends paid through the second fiscal quarter of 2020 and the preceding fiscal year are as follows:  

Declaration Date	Record Date	Payment Date	Cash Amount (per share)
January 16, 2020	January 31, 2020	February 28, 2020	$0.19
September 19, 2019	October 4, 2019	November 1, 2019	$0.17
July 11, 2019	July 26, 2019	August 23, 2019	$0.17
May 2, 2019	May 17, 2019	June 14, 2019	$0.17
January 17, 2019	February 15, 2019	March 15, 2019	$0.17
September 11, 2018	September 28, 2018	October 26, 2018	$0.15