XML 56 R34.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings Per Share and Certain Related Information (Tables)
12 Months Ended
Sep. 29, 2023
Earnings Per Share Reconciliation [Abstract]  
Schedule of Compute Basic and Diluted of EPS
The following table reconciles the denominator used to compute basic EPS to the denominator used to compute diluted EPS for the years ended September 29, 2023, September 30, 2022 and October 1, 2021 (in thousands):
For the Years Ended
September 29, 2023September 30, 2022October 1, 2021
Numerator for Basic and Diluted EPS:
Net earnings attributable to Jacobs from continuing operations$666,619 $644,071 $467,022 
Preferred Redeemable Noncontrolling interests redemption value adjustment (See Note 14- PA Consulting Business Combination)
8,340 — (57,307)
Net earnings from continuing operations allocated to common stock for EPS calculation$674,959 $644,071 $409,715 
Net (loss) earnings from discontinued operations allocated to common stock for EPS calculation$(842)$(32)$10,008 
Net earnings allocated to common stock for EPS calculation$674,117 $644,039 $419,723 
Denominator for Basic and Diluted EPS:
Shares used for calculating basic EPS attributable to common stock126,607 128,665 130,194 
Effect of dilutive securities:
Stock compensation plans607 780 1,080 
Shares used for calculating diluted EPS attributable to common stock127,214 129,445 131,274 
Net Earnings Per Share:
Basic Net Earnings from Continuing Operations Per Share$5.33 $5.01 $3.15 
Basic Net (Loss) Earnings from Discontinued Operations Per Share$(0.01)$— $0.08 
Basic Earnings Per Share:$5.32 $5.01 $3.22 
Diluted Net Earnings from Continuing Operations Per Share$5.31 $4.98 $3.12 
Diluted Net (Loss) Earnings from Discontinued Operations Per Share$(0.01)$— $0.08 
Diluted Earnings Per Share: $5.30 $4.98 $3.20 
Note: Earnings per share amounts may not add due to rounding
Schedule of Share Repurchases Activity
The following table summarizes repurchase activity under the 2020 Repurchase Authorization during fiscal 2023 through expiration during the second fiscal quarter of 2023:
Amount Authorized
(2020 Repurchase Authorization)
Average Price Per Share (1)Shares RepurchasedTotal Shares Retired
$1,000,000,000$113.561,237,6881,237,688
(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 the activity under the 2023 Repurchase Authorization during fiscal 2023:
Amount Authorized
(2023 Repurchase Authorization)
Average Price Per Share (1)Shares RepurchasedTotal Shares Retired
$1,000,000,000$115.041,088,0121,088,012
(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 Paid Dividends paid through September 29, 2023 and the preceding fiscal year are as follows:  
Declaration DateRecord DatePayment DateCash Amount (per share)
July 6, 2023July 28, 2023August 25, 2023$0.26
April 27, 2023May 26, 2023June 23, 2023$0.26
January 25, 2023February 24, 2023March 24, 2023$0.26
September 15, 2022September 30, 2022October 28, 2022$0.23
July 13, 2022July 29, 2022August 26, 2022$0.23
April 28, 2022May 27, 2022June 24, 2022$0.23
January 26, 2022February 25, 2022March 25, 2022$0.23