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:

	2017 (a)			2016 (b)			2015 (c)			2014 (d)			2013
Results of Operations:
Revenues	$	10,022,788		$	10,964,157		$	12,114,832		$	12,695,157		$	11,818,376
Net earnings attributable to Jacobs		293,727			210,463			302,971			328,108			423,093
Financial Position:
Current ratio	1.56 to 1			1.61 to 1			1.58 to 1			1.58 to 1			2.07 to 1
Working capital		1,069,953			1,081,784			1,141,512			1,372,332			2,020,853
Current assets		2,996,180			2,864,470			3,122,678			3,722,178			3,908,473
Total assets		7,380,859			7,360,022			7,785,926			8,453,659			7,274,144
Cash		774,151			655,716			460,859			732,647			1,256,405
Long-term debt		235,000			385,330			584,434			764,075			415,086
Total Jacobs stockholders’ equity		4,428,352			4,265,276			4,291,745			4,469,255			4,213,097
Return on average equity		6.76	%		4.92	%		6.92	%		7.56	%		10.66	%
Backlog:
Technical professional services		12,593,615			12,013,121			11,692,404			12,607,029			11,118,400
Field services		7,194,998			6,747,408			7,114,166			5,773,005			6,099,500
Total		19,788,613			18,760,529			18,806,570			18,380,034			17,217,900
Per Share Information:
Basic earnings per share		2.43			1.75			2.42			2.51			3.27
Diluted earnings per share		2.42			1.73			2.40			2.48			3.23
Stockholders’ equity		36.78			35.26			34.85			33.92			32.00
Average Number of Shares of Common Stock and Common Stock Equivalents Outstanding (Diluted)		121,466			121,483			126,110			132,371			130,945
Common Shares Outstanding At Year End		120,386			120,951			123,153			131,753			131,639
Cash Dividends Declared Per Common Share	$	0.60			—			—			—			—

(a)

Includes costs of $87.9 million, or $0.73 per diluted share, related to the Company's restructuring and other initiatives in the first, second, third and fourth quarter of fiscal 2017. Also included in the fourth quarter of fiscal 2017 are after-tax charges of $10.6 million, or $0.09 per diluted share, respectively, in professional fees and related costs associated with the pending CH2M acquisition. For a description of these restructuring and other initiatives, see “Restructuring and Other Charges” in Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

(b)

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. For a description of these restructuring and other initiatives, see “Restructuring and Other Charges” in Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

(c)	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. For a description of these restructuring and other initiatives, see “Restructuring and Other Charges” in Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

(d)	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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