Item 6. Selected Financial Data

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Item 6. Selected Financial Data

The following selected data is derived from our Consolidated Financial Statements. This data should be read in conjunction with the Consolidated Financial Statements and notes thereto incorporated into Item 8, “Financial Statements and Supplementary Data” and with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

Fiscal Year Ended August 31,
20182017201620152014
(in thousands, except for per share data)
Consolidated Statement of Operations Data:
Net revenue$22,095,416$19,063,121$18,353,086$17,899,196$15,762,146
Operating income542,153410,230522,833555,411204,074
Income from continuing operations before tax373,401256,233387,045431,64672,123
Income (loss) from continuing operations, net of tax87,541127,167254,896294,185(1,588)
Discontinued operations, net of tax(1)———(8,573)243,853
Net income87,541127,167254,896285,612242,265
Net income attributable to Jabil Inc.$86,330$129,090$254,095$284,019$241,313
Earnings per share attributable to the stockholders of Jabil Inc.:
Basic:
Income (loss) from continuing operations, net of tax$0.50$0.71$1.33$1.51$(0.01)
Discontinued operations, net of tax(1)$—$—$—$(0.04)$1.20
Net income$0.50$0.71$1.33$1.47$1.19
Diluted:
Income (loss) from continuing operations, net of tax$0.49$0.69$1.32$1.49$(0.01)
Discontinued operations, net of tax(1)$—$—$—$(0.04)$1.20
Net income$0.49$0.69$1.32$1.45$1.19
Cash dividends declared per common share$0.32$0.32$0.32$0.32$0.32
August 31,
20182017201620152014
(in thousands)
Consolidated Balance Sheets Data:
Working capital(2)$319,050$(243,910)$280,325$191,168$1,037,920
Total assets$12,045,641$11,095,995$10,322,677$9,591,600$8,479,746
Current installments of notes payable and long-term debt$25,197$444,255$44,689$321,964$11,750
Notes payable and long-term debt, less current installments$2,493,502$1,606,017$2,046,655$1,308,663$1,639,916
Total Jabil Inc. stockholders’ equity$1,950,257$2,353,514$2,438,171$2,314,856$2,241,828
Common stock shares outstanding164,588177,728186,998192,068194,114
Table of Contents
Fiscal Year Ended August 31,
20182017201620152014
(in thousands)
Consolidated Cash Flow Data:
Net cash provided by operating activities$933,850$1,256,643$916,207$1,240,528$499,639
Investing activities:
Acquisition of property, plant and equipment$(1,036,651)$(716,485)$(924,239)$(963,145)$(624,060)
Proceeds and advances from sale of property, plant and equipment$350,291$175,000$26,031$15,784$161,138
Financing activities:
Payments to acquire treasury stock$(450,319)$(306,640)$(148,340)$(85,576)$(260,274)
(1)During fiscal year 2014, we sold our Aftermarket Services business for consideration of $725.0 million.
(2)Working capital is defined as current assets minus current liabilities.
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