JACOBS SOLUTIONS INC
For the period ended Dec 27, 2024. Filed Feb 4, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 27, 2024 · Filed Feb 4, 2025
J$157.11+0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Cash Flows - Unaudited
CONSOLIDATED STATEMENTS OF CASH FLOWS
For the Three Months Ended December 27, 2024 and December 29, 2023
| For the Three Months Ended | ||
|---|---|---|
| December 27, 2024 | December 29, 2023 | |
| Cash Flows from Operating Activities: | ||
| Net (loss) earnings attributable to the Group | $(5,003) | $181,454 |
| Adjustments to reconcile net (loss) earnings to net cash flows provided by operations: | ||
| Depreciation and amortization: | ||
| Property, equipment and improvements | 20,922 | 25,169 |
| Intangible assets | 38,661 | 51,119 |
| Loss on investment in equity securities | 145,215 | — |
| Stock based compensation | 13,059 | 19,310 |
| Equity in earnings of operating ventures, net of return on capital distributions | (2,236) | 1,870 |
| (Gain) loss on disposals of assets, net | (622) | 608 |
| Deferred income taxes | 20,253 | (58,239) |
| Changes in assets and liabilities: | ||
| Receivables and contract assets, net of contract liabilities | (57,753) | 102,705 |
| Prepaid expenses and other current assets | 9,617 | 50,216 |
| Miscellaneous other assets | 17,243 | 28,385 |
| Accounts payable | (37,225) | (35,843) |
| Accrued liabilities | (31,398) | 37,584 |
| Other deferred liabilities | 1,863 | (1,665) |
| Other, net | (25,140) | 15,688 |
| Net cash provided by operating activities | 107,456 | 418,361 |
| Cash Flows from Investing Activities: | ||
| Additions to property and equipment | (10,333) | (17,306) |
| Disposals of property and equipment and other assets | 1,481 | 43 |
| Capital contributions to equity investees, net of return of capital distributions | 932 | 1,266 |
| Net cash used for investing activities | (7,920) | (15,997) |
| Cash Flows from Financing Activities: | ||
| Proceeds from long-term borrowings | 589,000 | 540,401 |
| Repayments of long-term borrowings | (221,000) | (567,752) |
| Repayments of short-term borrowings | (5,345) | (6,262) |
| Debt issuance costs | — | (1,606) |
| Proceeds from issuances of common stock | 7,984 | 11,355 |
| Common stock repurchases | (201,626) | (100,016) |
| Taxes paid on vested restricted stock | (14,404) | (22,387) |
| Cash dividends to shareholders | (36,481) | (33,366) |
| Net dividends associated with noncontrolling interests | (2,245) | (4,708) |
| Repurchase of redeemable noncontrolling interests | (3,729) | (24,360) |
| Net cash provided by (used for) financing activities | 112,154 | (208,701) |
| Effect of Exchange Rate Changes | (58,180) | 34,148 |
| Net Increase in Cash and Cash Equivalents and Restricted Cash | 153,510 | 227,811 |
| Cash and Cash Equivalents, including Restricted Cash, at the Beginning of the Period | 1,146,931 | 929,445 |
| Cash and Cash Equivalents, including Restricted Cash, at the End of the Period | $1,300,441 | $1,157,256 |
| Less Cash and Cash Equivalents included in Assets held for spin | $— | $(215,622) |
| Cash and Cash Equivalents, including Restricted Cash of Continuing Operations at the End of the Period | $1,300,441 | $941,634 |
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