Item 16. Form 10-K Summary

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Item 16. Form 10-K Summary

Not applicable.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



	JABIL INC. Registrant

	By:	/s/ MARK T. MONDELLO
		Mark T. Mondello Chief Executive Officer

Date: October 22, 2020

POWER OF ATTORNEY

KNOW ALL THESE PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Mark T. Mondello and Michael Dastoor and each of them, jointly and severally, his or her attorneys-in-fact, each with full power of substitution, for him or her in any and all capacities, to sign any and all amendments to this Annual Report on Form 10-K, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each said attorneys-in-fact or his substitute or substitutes, may do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:



	Signature	Title	Date

By:	/s/ TIMOTHY L. MAIN	Chairman of the Board of Directors	October 22, 2020
	Timothy L. Main

By:	/s/ THOMAS A. SANSONE	Vice Chairman of the Board of Directors	October 22, 2020
	Thomas A. Sansone

By:	/s/ MARK T. MONDELLO	Chief Executive Officer and Director (Principal Executive Officer)	October 22, 2020
	Mark T. Mondello

By:	/s/ MICHAEL DASTOOR	Chief Financial Officer (Principal Financial and Accounting Officer)	October 22, 2020
	Michael Dastoor

By:	/s/ ANOUSHEH ANSARI	Director	October 22, 2020
	Anousheh Ansari

By:	/s/ MARTHA F. BROOKS	Director	October 22, 2020
	Martha F. Brooks

By:	/s/ CHRISTOPHER S. HOLLAND	Director	October 22, 2020
	Christopher S. Holland

By:	/s/ JOHN C. PLANT	Director	October 22, 2020
	John C. Plant

By:	/s/ STEVEN A. RAYMUND	Director	October 22, 2020
	Steven A. Raymund

By:	/s/ DAVID M. STOUT	Director	October 22, 2020
	David M. Stout

By:	/s/ KATHLEEN A. WALTERS	Director	October 22, 2020
	Kathleen A. Walters

SCHEDULE II

JABIL INC. AND SUBSIDIARIES

SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS

(in thousands)



	Balance at Beginning of Period		Additions and Adjustments Charged to Costs and Expenses		Additions/ (Reductions) Charged to Other Accounts		Write-offs			Balance at End of Period
Allowance for uncollectible accounts receivable:
Fiscal year ended August 31, 2020	$	17,221	$	24,574	$	—	$	(15,968	)	$	25,827
Fiscal year ended August 31, 2019	$	15,181	$	15,867	$	—	$	(13,827	)	$	17,221
Fiscal year ended August 31, 2018	$	14,134	$	12,545	$	—	$	(11,498	)	$	15,181



	Balance at Beginning of Period		Additions and Adjustments Charged to Costs and Expenses		Additions/ (Reductions) Charged to Other Accounts		Write-offs			Balance at End of Period
Reserve for excess and obsolete inventory:
Fiscal year ended August 31, 2020	$	69,553	$	60,084	$	—	$	(44,378	)	$	85,259
Fiscal year ended August 31, 2019	$	60,940	$	34,091	$	—	$	(25,478	)	$	69,553
Fiscal year ended August 31, 2018	$	46,013	$	35,538	$	—	$	(20,611	)	$	60,940



	Balance at Beginning of Period		Additions Charged to Costs and Expenses		Additions/ (Reductions) Charged to Other Accounts			Reductions Charged to Costs and Expenses			Balance at End of Period
Valuation allowance for deferred taxes:
Fiscal year ended August 31, 2020	$	287,604	$	54,249	$	9,664		$	(10,317	)	$	341,200
Fiscal year ended August 31, 2019	$	223,487	$	22,750	$	58,117		$	(16,750	)	$	287,604
Fiscal year ended August 31, 2018	$	285,559	$	18,418	$	(886	)	$	(79,604	)	$	223,487

See accompanying report of independent registered public accounting firm.

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