XML 71 R44.htm IDEA: XBRL DOCUMENT v3.24.3
Employee Stock Purchase and Stock Incentive Plans (Tables)
 12 Months Ended
Sep. 27, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Employee Stock Ownership Plan (ESOP) Disclosures
The following table summarizes the stock issuance activity under the plans for the fiscal years ended September 27, 2024, September 29, 2023 and September 30, 2022:
 For the Years Ended
 September 27, 2024September 29, 2023September 30, 2022
   
Aggregate Purchase Price Paid for Shares Sold (in thousands):$42,926 $40,195 $38,648 
   
Aggregate Number of Shares Sold:321,012 355,007 302,429 
Schedule of Stock Incentive Plans And Weighted Average Grant-Date Fair Value Of Restricted Stock And Restricted Stock Units The following table sets forth certain information about the Stock Incentive Plans:
 2023 SIP1999 ODSPTotal
Number of shares authorized29,850,000 1,100,000 30,950,000 
Number of remaining shares reserved for issuance at September 27, 20243,185,803 117,108 3,302,911 
Number of shares relating to outstanding stock options at September 27, 202424,615 4,314 28,929 
Number of shares available for future awards:  
At September 27, 20243,161,188 112,794 3,273,982 
At September 29, 20233,090,407 147,056 3,237,463 
The following table presents the number and weighted average grant-date fair value of restricted stock and restricted stock units at September 27, 2024:
Number of SharesWeighted Average Grant-Date Fair Value
Outstanding at September 29, 20231,890,148 $119.71 
Granted 383,427 $135.14 
Vested (843,877)$119.52 
Cancelled(83,326)$128.58 
Awards transferred to Amentum in the Separation Transaction(66,950)$135.07 
Adjustment to Jacobs awards related to the Separation Transaction (1)295,465 $— 
Outstanding at September 27, 20241,574,887 $104.73 
(1)Represents the additional Jacobs restricted stock and restricted stock units issued as a result of the equitable adjustments.
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes the stock option activity for the years ended September 27, 2024, September 29, 2023 and September 30, 2022:
 Number of Stock OptionsWeighted Average
Exercise Price
Outstanding at October 1, 2021573,984 $45.65 
Granted (1)150,951 $12.79 
Exercised(284,502)$43.56 
Cancelled or expired(1,084)$21.34 
Outstanding at September 30, 2022439,349 $35.77 
Exercised(215,649)$40.61 
Cancelled or expired(6,219)$19.73 
Outstanding at September 29, 2023217,481 $31.43 
Exercised(132,898)$37.25 
Cancelled or expired(7,608)$20.44 
Adjustment to Jacobs awards related to the Separation Transaction (2)13,821 $— 
Outstanding at September 27, 202490,796 $19.03 
(1)Included in the fiscal 2022 amounts granted are options issued related to a recent business combination with strike prices lower than the then-current share price in order to derive a certain value.
(2)Represents the additional Jacobs stock options issued as a result of the equitable adjustments. The related exercise prices were also equitably adjusted.
Schedule Of Intrinsic Value Of Options The following table presents the total intrinsic value of stock options exercised for the fiscal years ended September 27, 2024, September 29, 2023 and September 30, 2022 (in thousands):
For the Years Ended
September 27, 2024September 29, 2023September 30, 2022
$13,790$17,635$28,149
Schedule of 2023 SIP, 1999 OSDP and StreetLight Plan The following table presents certain other information regarding our 2023 SIP, 1999 OSDP and StreetLight Plan for the fiscal years ended September 27, 2024, September 29, 2023 and September 30, 2022:
 September 27, 2024September 29, 2023September 30, 2022
At fiscal year end:   
Range of exercise prices for options exercisable (1)
$9.55–$36.73
$5.64–$60.43
$5.64–$60.43
Number of options exercisable80,509 180,911 367,624 
For the fiscal year:   
Range of prices relating to options exercised
$5.64–$60.43
$7.05-$60.43
$11.27-$60.43
(1)Included in the fiscal 2022 amounts granted are options issued related to a recent business combination with strike prices lower than the then-current share price in order to derive a certain value.
Schedule Of Information Regarding Outstanding Options
The following table presents certain information regarding stock options outstanding at September 27, 2024:
 September 27, 2024
 Options Outstanding
Range of Exercise PricesNumberWeighted Average Remaining Contractual Life (years)Weighted Average Price
$0.00 - $31.38
61,870 6.01$11.13 
$31.38 - $39.05
28,926 0.90$35.93 
 90,796 4.38$19.03 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table presents the number of shares of restricted stock and restricted stock units issued as common stock under the 2023 SIP and the StreetLight Plan for the years ended September 27, 2024, September 29, 2023 and September 30, 2022:
 
 For the Years Ended
 September 27, 2024September 29, 2023September 30, 2022
Restricted stock— — 818 
Restricted stock units (service condition)258,720 996,345 290,582 
Restricted stock units (service and performance conditions)115,582 126,595 176,470 
The following table presents the number of shares of restricted stock and restricted stock units canceled and withheld for taxes under the 2023 SIP for the years ended September 27, 2024, September 29, 2023 and September 30, 2022:
 For the Years Ended
 September 27, 2024September 29, 2023September 30, 2022
Restricted stock— — — 
Restricted stock units (service condition)277,869 94,249 57,366 
Restricted stock units (service and performance conditions)101,397 39,295 31,966 
The following table provides the number of restricted stock units outstanding at September 27, 2024 under the 2023 SIP.
 September 27, 2024
Restricted stock— 
Restricted stock units (service condition)1,080,637 
Restricted stock units (service and performance conditions)423,895 
The following table presents the number of shares of restricted stock and restricted stock units issued under the 1999 ODSP for the years ended September 27, 2024, September 29, 2023 and September 30, 2022:
 
 For the Years Ended
 September 27, 2024September 29, 2023September 30, 2022
Restricted stock units (service condition)15,647 14,031 13,785 
The following table provides the number of shares of restricted stock and restricted stock units outstanding at September 27, 2024 under the 1999 ODSP:
 September 27, 2024
Restricted stock— 
Restricted stock units (service condition)70,355 
Schedule of fair value of shares of the 2023 SIP and StreetLight Plan
The following table presents the fair value of shares of the 2023 SIP and the StreetLight Plan (of restricted stock and restricted stock units) vested for the years ended September 27, 2024, September 29, 2023 and September 30, 2022 (in thousands):
 For the Years Ended
 September 27, 2024September 29, 2023September 30, 2022
Restricted Stock and Restricted Stock Units (service condition)$75,625 $32,255 $23,077 
Restricted Stock Units (service, market, and performance conditions at target)23,286 22,060 22,678 
Total$98,911 $54,315 $45,755