Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
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The following table presents selected financial data for each of the last five fiscal years. This selected financial data should be read in conjunction with the Consolidated Financial Statements and related notes beginning on page F-1 of this Annual Report on Form 10-K. Dollar amounts are presented in thousands, except for per share information:
| 2016 (a) | 2015 (b) | 2014 (c) | 2013 | 2012 (d) | ||||||||||||||||
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| Results of Operations: | ||||||||||||||||||||
| Revenues | $ | 10,964,157 | $ | 12,114,832 | $ | 12,695,157 | $ | 11,818,376 | $ | 10,893,778 | ||||||||||
| Net earnings attributable to Jacobs | 210,463 | 302,971 | 328,108 | 423,093 | 378,954 | |||||||||||||||
| Financial Position: | ||||||||||||||||||||
| Current ratio | 1.61 to 1 | 1.58 to 1 | 1.58 to 1 | 2.07 to 1 | 1.99 to 1 | |||||||||||||||
| Working capital | 1,081,784 | 1,141,512 | 1,372,332 | 2,020,853 | 1,722,656 | |||||||||||||||
| Current assets | 2,864,470 | 3,122,678 | 3,722,178 | 3,908,473 | 3,469,708 | |||||||||||||||
| Total assets | 7,360,022 | 7,785,926 | 8,453,659 | 7,274,144 | 6,839,433 | |||||||||||||||
| Cash | 655,716 | 460,859 | 732,647 | 1,256,405 | 1,032,457 | |||||||||||||||
| Long-term debt | 385,330 | 584,434 | 764,075 | 415,086 | 528,260 | |||||||||||||||
| Total Jacobs stockholders’ equity | 4,265,276 | 4,291,745 | 4,469,255 | 4,213,097 | 3,722,473 | |||||||||||||||
| Return on average equity | 4.92 | % | 6.92 | % | 7.56 | % | 10.66 | % | 10.77 | % | ||||||||||
| Backlog: | ||||||||||||||||||||
| Technical professional services | 12,013,121 | 11,692,404 | 12,607,029 | 11,118,400 | 10,266,500 | |||||||||||||||
| Field services | 6,747,408 | 7,114,166 | 5,773,005 | 6,099,500 | 5,643,200 | |||||||||||||||
| Total | 18,760,529 | 18,806,570 | 18,380,034 | 17,217,900 | 15,909,700 | |||||||||||||||
| Per Share Information: | ||||||||||||||||||||
| Basic earnings per share | 1.75 | 2.42 | 2.51 | 3.27 | 2.97 | |||||||||||||||
| Diluted earnings per share | 1.73 | 2.40 | 2.48 | 3.23 | 2.94 | |||||||||||||||
| Stockholders’ equity | 35.26 | 34.85 | 33.92 | 32.00 | 28.65 | |||||||||||||||
| Average Number of Shares of Common Stock and Common Stock Equivalents Outstanding (Diluted) | 121,483 | 126,110 | 132,371 | 130,945 | 128,692 | |||||||||||||||
| Common Shares Outstanding At Year End | 120,951 | 123,153 | 131,753 | 131,639 | 129,936 |
| (a) | Includes costs of $135.6 million or $1.12 per diluted share, related to the Company's restructuring initiatives in the first, second, third and fourth quarter of fiscal 2016. Also included in the fourth quarter of fiscal 2016 are (i) a loss on sale of our French subsidiary of $17.1 million or $0.14 per diluted share; and (ii) a non-cash write-off on an equity investment of $10.4 million or $0.09 per diluted share. |
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| (b) | Includes costs of $107.9 million or $0.86 per diluted share, related to the Company's restructuring initiatives in the second, third and fourth quarters of fiscal 2015. |
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| (c) | Includes costs of $109.2 million or $0.82 per diluted share, related to the Company's restructuring initiatives in the third and fourth quarter of fiscal 2014. |
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| (d) | Includes a one-time, after-tax gain of $4.0 million, or $0.03 per diluted share, related to the sale of the Company's intellectual property for iron ore pelletizing and certain other related assets. |
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