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Segment Information (Tables)
12 Months Ended
Sep. 29, 2017
Segment Reporting [Abstract]  
Schedule of Total Revenues, Operating Profit and Total Asset for Reporting Segment

The following tables present total revenues and operating profit for each reportable segment (in thousands) and includes a reconciliation of segment operating profit to total U.S. GAAP operating profit by including certain corporate-level expenses and expenses relating to the Restructuring and other charges and CH2M professional fees and integration costs (in thousands).

 

 

 

For the Years Ended

 

 

September 29, 2017

 

 

September 30, 2016

 

 

October 2, 2015

 

Revenues from External Customers:

 

 

 

 

 

 

 

 

 

 

 

Aerospace & Technology

$

2,360,613

 

 

$

2,657,433

 

 

$

2,924,753

 

Buildings & Infrastructure

 

2,452,321

 

 

 

2,253,512

 

 

 

2,458,379

 

Industrial

 

2,743,662

 

 

 

2,793,713

 

 

 

2,517,571

 

Petroleum & Chemicals

 

2,466,192

 

 

 

3,259,499

 

 

 

4,214,129

 

Total

$

10,022,788

 

 

$

10,964,157

 

 

$

12,114,832

 

 

 

For the Years Ended

 

 

September 29, 2017

 

 

September 30, 2016

 

 

October 2, 2015

 

Operating Profit:

 

 

 

 

 

 

 

 

 

 

 

Aerospace & Technology

$

202,595

 

 

$

203,808

 

 

$

205,368

 

Buildings & Infrastructure (1)

 

193,455

 

 

 

174,648

 

 

 

145,299

 

Industrial

 

115,262

 

 

 

81,268

 

 

 

126,531

 

Petroleum & Chemicals

 

113,858

 

 

 

126,604

 

 

 

138,351

 

Total Segment Operating Profit

 

625,170

 

 

 

586,328

 

 

 

615,549

 

Other Corporate Items

 

(81,595

)

 

 

(60,100

)

 

 

(15,739

)

Restructuring and Other Charges

 

(134,206

)

 

 

(187,630

)

 

 

(154,283

)

CH2M Professional Fees and Integration

   Costs

 

(17,100

)

 

 

 

 

 

 

Total U.S. GAAP Operating Profit

 

392,269

 

 

 

338,598

 

 

 

445,527

 

Gain (Loss) on disposal of business and

   investments

 

10,880

 

 

 

(41,410

)

 

 

(2,909

)

Total Other Expense (2)

 

(9,932

)

 

 

(10,465

)

 

 

(12,481

)

Earnings Before Taxes

$

393,217

 

 

$

286,723

 

 

$

430,137

 

 

(1)

Excludes $ 23,844 in restructuring and other charges for the fiscal year ended September 29, 2017.

 

(2)

Years ending September 29, 2017 and September 30, 2016 include Restructuring and other charges of $1,233 and $277, respectively.

Schedule of Services Revenues for Reportable Segment

The following tables present total services revenues for each reportable segment for the three years ended September 29, 2017, September 30, 2016 and October 2, 2015 (in thousands):

 

 

 

 

For the Year Ended

 

 

 

 

September 29, 2017

 

 

 

 

Aerospace & Technology

 

 

Buildings & Infrastructure

 

 

Industrial

 

 

Petroleum & Chemicals

 

 

Total

 

Technical Professional Services Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Project Services

 

$

960,374

 

 

$

2,185,220

 

 

$

196,171

 

 

$

1,464,098

 

 

$

4,805,863

 

Process, Scientific and Systems Consulting

 

 

774,063

 

 

 

 

 

 

 

 

 

31,081

 

 

 

805,144

 

Total Technical Professional Services

   Revenues

 

 

1,734,437

 

 

 

2,185,220

 

 

 

196,171

 

 

 

1,495,179

 

 

 

5,611,007

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Field Services Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction

 

 

250,956

 

 

 

254,118

 

 

 

1,901,299

 

 

 

967,888

 

 

 

3,374,261

 

Operations and Maintenance ("O&M")

 

 

375,220

 

 

 

12,983

 

 

 

646,192

 

 

 

3,125

 

 

 

1,037,520

 

Total Field Services Revenues

 

 

626,176

 

 

 

267,101

 

 

 

2,547,491

 

 

 

971,013

 

 

 

4,411,781

 

Total Revenues

 

$

2,360,613

 

 

$

2,452,321

 

 

$

2,743,662

 

 

$

2,466,192

 

 

$

10,022,788

 

 

 

 

For the Year Ended

 

 

 

September 30, 2016

 

 

 

 

Aerospace & Technology

 

 

Buildings & Infrastructure

 

 

Industrial

 

 

Petroleum & Chemicals

 

 

Total

 

Technical Professional Services Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Project Services

 

$

910,290

 

 

$

2,094,282

 

 

$

891,018

 

 

$

1,843,250

 

 

$

5,738,840

 

Process, Scientific and Systems Consulting

 

 

803,654

 

 

 

 

 

 

 

 

 

48,675

 

 

 

852,329

 

Total Technical Professional Services

   Revenues

 

 

1,713,944

 

 

 

2,094,282

 

 

 

891,018

 

 

 

1,891,925

 

 

 

6,591,169

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Field Services Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Construction

 

 

171,614

 

 

 

119,463

 

 

 

1,601,562

 

 

 

1,366,251

 

 

 

3,258,890

 

Operations and Maintenance ("O&M")

 

 

771,875

 

 

 

39,767

 

 

 

301,133

 

 

 

1,323

 

 

 

1,114,098

 

Total Field Services Revenues

 

 

943,489

 

 

 

159,230

 

 

 

1,902,695

 

 

 

1,367,574

 

 

 

4,372,988

 

Total Revenues

 

$

2,657,433

 

 

$

2,253,512

 

 

$

2,793,713

 

 

$

3,259,499

 

 

$

10,964,157

 

 

Financial Information by Geographic Area

The following table presents certain financial information by geographic area (in thousands):

 

 

 

For the Years Ended

 

 

 

September 29, 2017

 

 

September 30, 2016

 

 

October 2, 2015

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

5,822,843

 

 

$

6,247,448

 

 

$

7,154,433

 

Europe

 

 

2,262,092

 

 

 

2,346,224

 

 

 

2,074,837

 

Canada

 

 

590,604

 

 

 

927,942

 

 

 

1,065,651

 

Asia

 

 

253,167

 

 

 

299,952

 

 

 

304,393

 

India

 

 

165,295

 

 

 

187,929

 

 

 

163,871

 

Australia and New Zealand

 

 

628,945

 

 

 

436,670

 

 

 

611,271

 

South America and Mexico

 

 

73,456

 

 

 

125,610

 

 

 

143,014

 

Middle East and Africa

 

 

226,386

 

 

 

392,382

 

 

 

597,362

 

Total

 

$

10,022,788

 

 

$

10,964,157

 

 

$

12,114,832

 

Property, equipment and improvements, net:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

220,416

 

 

$

195,392

 

 

$

208,155

 

Europe

 

 

46,108

 

 

 

37,163

 

 

 

55,713

 

Canada

 

 

18,435

 

 

 

21,464

 

 

 

36,647

 

Asia

 

 

2,793

 

 

 

3,069

 

 

 

3,859

 

India

 

 

19,191

 

 

 

13,350

 

 

 

16,264

 

Australia and New Zealand

 

 

18,692

 

 

 

18,888

 

 

 

24,460

 

South America and Mexico

 

 

4,619

 

 

 

5,621

 

 

 

9,127

 

Middle East and Africa

 

 

19,657

 

 

 

24,726

 

 

 

27,013

 

Total

 

$

349,911

 

 

$

319,673

 

 

$

381,238

 

 

Revenues Earned Directly or Indirectly from the U.S. Federal Government and its Agencies

The following table presents the revenues earned directly or indirectly from the U.S. federal government and its agencies, expressed as a percentage of total revenues:

 

For the Years Ended

 

September 29, 2017

 

 

September 30, 2016

 

 

October 2, 2015

 

 

19.2%

 

 

 

21.4%

 

 

 

21.7%