Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Aug. 31, 2016

Description of Business and Summary of Significant Accounting Policies [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	k. Earnings Per Share
		The following table sets forth the calculation of basic and diluted earnings per share (in thousands, except per share data):
			Fiscal Year Ended August 31,
			2016		2015		2014
Numerator:
Income (loss) from continuing operations, net of tax			$	254,896	$	294,185	$	(1,588)
Net income attributable to noncontrolling interests, net of tax				801		1,593		952
Income (loss) from continuing operations attributable to Jabil Circuit, Inc., net of tax			$	254,095	$	292,592	$	(2,540)
Discontinued operations attributable to Jabil Circuit, Inc., net of tax				―		(8,573)		243,853
Net income attributable to Jabil Circuit, Inc.			$	254,095	$	284,019	$	241,313
Denominator for basic and diluted earnings per share:
Denominator for basic earnings per share				190,413		193,689		202,497
Dilutive common shares issuable under the employee stock purchase plan
	and upon exercise of stock options and stock appreciation rights			160		159		―
Dilutive unvested restricted stock awards				2,177		2,157		―
Denominator for diluted earnings per share				192,750		196,005		202,497
Earnings per share attributable to the stockholders of Jabil Circuit, Inc.:
	Basic:
		Income (loss) from continuing operations, net of tax	$	1.33	$	1.51	$	(0.01)
		Discontinued operations, net of tax	$	0.00	$	(0.04)	$	1.20
		Net income	$	1.33	$	1.47	$	1.19
	Diluted:
		Income (loss) from continuing operations, net of tax	$	1.32	$	1.49	$	(0.01)
		Discontinued operations, net of tax	$	0.00	$	(0.04)	$	1.20
		Net income	$	1.32	$	1.45	$	1.19

Summary of Changes in AOCI

	o. Comprehensive Income
		Comprehensive income is the changes in equity of an enterprise except those resulting from stockholder transactions.
		The following table sets forth the changes in AOCI, net of tax, by component during the fiscal year ended August 31, 2016 (in
thousands):

			Foreign Currency Translation Adjustment		Derivative Instruments		Actuarial Loss		Prior Service Cost		Unrealized (Loss) Gain on Available for Sale Securities		Total
Balance at August 31, 2015			$	6,666	$	(12,033)	$	(30,624)	$	1,054	$	(15,917)	$	(50,854)
	Other comprehensive income (loss) before
		reclassifications		9,672		(18,994)		(14,009)		26		(5,436)		(28,741)
	Amounts reclassified from AOCI			―		38,811		1,046		(139)		―		39,718
Other comprehensive income (loss)				9,672		19,817		(12,963)		(113)		(5,436)		10,977
Balance at August 31, 2016			$	16,338	$	7,784	$	(43,587)	$	941	$	(21,353)	$	(39,877)