JACOBS ENGINEERING GROUP INC. JEC Cash Flow

Jacobs engineering group inc. (JEC)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Dec'08
Cash Flows from Operating Activities:
Net (loss) earnings attributable to the Group
-85,801	263,267	149,792	531,064	62,772	129,591	-31,423	150,072	51,932	2,561	93,428	88,629	44,165	61,153	29,883	70,937	63,389	50,306	37,269	97,308	88,110	106,195	91,054	71,308	90,801	98,949	116,481	112,089	107,089	104,523	111,082	100,990	87,446	91,436	95,247	91,936	81,341	66,697	77,079	19,240	77,531	72,437	78,676	94,900	109,287	116,350
Adjustments to reconcile net earnings to net cash flows (used for) provided by operations:
Depreciation and amortization:
Property, equipment and improvements
22,566	22,152	20,508	25,851	23,491	20,321	29,141	29,576	34,307	24,832	23,700	18,239	17,858	16,621	18,916	20,221	21,059	22,167	24,206	24,563	25,149	26,006	27,891	25,684	25,368	19,649	20,061	17,737	16,598	15,493	15,867	14,535	14,627	13,861	14,970	14,242	14,209	14,199	16,245	14,937	15,953	17,312	18,589	16,911	16,608	16,562
Intangible assets
22,094	21,845	22,752	18,383	18,678	19,285	22,236	22,447	21,353	14,695	11,204	11,678	11,299	11,914	12,109	12,048	11,725	11,726	11,278	12,555	12,554	12,981	11,491	13,641	13,051	8,637	6,658	6,646	6,699	8,982	9,776	10,138	10,645	11,375	11,257	10,934	9,525	6,034	6,536	5,936	6,109	5,467	11,110	2,328	1,997	2,237
Gain on sale of ECR business
19,967	61,943	17,413	917,697	0	0	0	-444	218	226	822	0	0	-822	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,249
Loss on investment in equity securities
-375,544	105,319	-80,283	2,175	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation
9,556	14,279	21,796	18,425	13,322	15,594	17,421	14,632	22,570	24,619	6,636	10,970	10,953	10,205	6,584	8,679	8,973	8,134	8,487	9,120	7,301	16,504	10,854	9,864	7,419	15,263	11,025	9,854	9,580	9,059	8,903	8,003	7,625	7,911	8,241	7,718	6,482	6,643	6,714	6,062	5,369	6,216	6,162	6,302	5,562	6,059
Tax deficiency from stock based compensation
-	-	-	-	-	-	-	-	-	-	135	1,309	228	1,205	200	148	24	5	505	453	0	279	-1,204	412	-485	-67	79	-486	-2,585	-221	204	-456	3,510	699	73	2,934	3,529	301	-130	1,537	800	677	525	941	799	1,249
Equity in (loss) earnings of operating ventures, net
-950	715	1,152	2,307	2,184	3,141	-5,748	9,174	-4,418	3,631	5,410	-1,678	3,154	902	-884	2,394	4,877	5,505	2,118	819	-13,036	4,616	1,329	983	3,786	2,296	2,381	-23,476	18,149	17,086	3,357	-1,648	2,857	4,414	49,559	4,780	3,283	-2,094	-	-	-	-	-	-	-	-
(Gain) Loss on disposals of assets, net
283	-36	-4,224	1,732	-3,219	-511	-10,912	-6,138	-3,937	20	-13,726	601	1,096	-2,847	2,472	-3,528	-3,566	-6,058	-31,183	-69	245	22	6,263	-1,257	-126	-212	-54	422	-961	74	-178	14	2	-649	-99	450	-30	160	-	-	14	-25	-	-	-128	35
Dividends received from earnings of investees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,462	14,228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in pension plan obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-5,301	-	-10,917	-691	3,062	-1,623	1,410	-5,613	-154	-26,973	-2,841	-8,623	1,219	-4,758	2,133	1,850	-7,939	7,786	1,459	-11,215	-26,381	-2,177	-21,898	-6,686	3,611	-	-	-	-	-	-	-	-
Pension Cost (Reversal of Cost)
0	2,651	1,534	0	-32,449	-2,172	1,595	0	0	3,819	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in deferred compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	463	-	1,444	-540	-163	-371	-671	-737	-1,450	-1,105	-663	-3,419	-1,875	-2,257	-2,521	-3,098	-1,039	-830	-324	-1,095	-3,225	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
29,047	-102,487	158,531	-83,600	4,928	26,080	-295,500	14,173	-18,750	11,951	-56,815	8,432	11,155	565	1,636	12,675	10,352	2,744	34,947	1,366	-7,738	2,602	-43,292	4,310	4,444	3,739	214	-1,798	-4,120	2,993	-3,465	863	-4,915	8,553	-15,784	-963	391	503	2,932	-2,466	-1,443	426	1,107	2,498	-8,785	4,838
Changes in assets and liabilities, excluding the effects of businesses acquired:
Receivables and contract assets, net of contract liabilities
92,153	121,532	-846	207,766	-104,211	299,061	118,812	144,474	187,661	-15,749	-31,278	15,490	-79,280	19,627	-105,484	-157,165	-43,836	-90,783	-23,318	-109,137	25,035	-65,538	63,917	590	18,812	-191,263	202,313	53,254	87,607	-108,310	76,940	75,199	120,830	-45,846	-21,583	104,925	207,780	-57,098	-30,280	-20,542	163,554	-109,680	-53,686	-143,945	-78,805	-24,493
Prepaid expenses and other current assets
4,625	4,152	19,116	41,734	-8,535	-39,198	24,754	-7,981	811	1,550	21,660	5,617	-6,134	2,612	16,359	-19,085	-7,440	-7,740	33,343	-12,567	-22,190	-5,230	27,282	-8,948	-5,996	-5,121	22,808	-4,518	-1,231	-1,161	25,995	178	1,468	-8,376	9,156	-7,994	3,657	9,785	8,279	-2,081	-6,659	517	4,686	2,797	-1,448	-1,063
Accounts payable
-117,285	-35,380	227,368	74,532	-25,645	18,891	44,344	120,741	56,847	-38,875	122,279	79,104	-36,640	-10,782	47,875	-7,624	59,506	-143,971	65,610	37,214	-51,247	-80,520	195,994	100,343	-83,513	-104,583	110,063	-7,485	13,099	-33,288	23,397	5,893	30,265	-48,882	27,234	11,927	-27,619	-27,539	13,615	-27,324	-20,684	-12,527	-13,625	-20,626	-46,895	-36,391
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,048	6,331	17	3,114	31,757	-37,439	-31,546	14,543	-12,148	16,854	-57,582	35,503	-709	8,818	-42,106	21,252	11,266	20,292	-55,375	33,832	5,334	6,215	-13,122	27,960	2,687	-18,652	-39,628	30,860	-34,870	27,538	-59,526	36,444
Accrued liabilities
182,523	-236,090	-144,537	-103,416	112,185	-169,948	-45,829	28,708	89,515	-110,140	-2,560	-20,149	36,068	-69,638	-8,924	-24,641	8,661	-47,026	-42,281	-3,157	-42,211	-33,198	-68,628	65,798	5,745	-5,087	-64,659	44,656	13,773	-11,984	60,759	-12,443	33,422	-932	-70,527	80,039	52,355	-20,338	-146,873	106,405	9,648	-12,508	-52,787	1,997	-47,447	-36,884
Contract liabilities
-	25,457	-	-	-	119,641	-28,427	1,096	-37,988	71,587	-102,950	-11,560	-29,328	111,862	26,861	-59,171	40,516	25,141	-45,233	22,297	-53,453	23,948	57,862	-15,365	-69,618	56,954	46,737	36,234	-32,668	33,740	19,128	-50,988	-11,885	28,119	3,497	-34,155	25,835	18,127	-34,960	-11,292	-21,450	24,883	-12,077	8,043	-52,344	70,853
Other deferred liabilities
-92,946	-60,562	23,212	-80,707	31,678	-80,439	-58,273	-3,587	-23,417	5,997	-14,765	-6,573	-11,633	-576	-19,389	3,013	-17,753	-3,476	-3,826	-1,134	-1,637	-9,162	-3,333	268	2,092	4,698	60	-775	971	-2,455	276	-1,373	-356	-3,311	-4,929	3,873	-3,158	2,996	-	-	-	-	-	-	-	-
Other, net
-6,485	-36,333	-23,192	-11,228	23,775	6,892	-5,918	-4,763	46,216	-49,420	-12,485	-3,928	4,902	-5,748	358	3,433	-3,132	-1,376	-2,706	-1,371	-856	-29	-7,648	1,884	2,549	-6,525	2,545	1,191	5,899	-6,576	155	2,373	4,498	-1,174	266	6,352	-179	1,063	-1,240	165	216	144	-	-	-	-58
Net cash provided by (used for) operating activities
152,154	-137,186	-146,123	-165,081	169,469	-224,701	212,202	214,746	7,318	46,886	194,294	179,538	90,622	110,427	234,425	181,448	237,583	26,717	97,819	282,572	-34,790	138,971	236,503	289,478	-130,745	326,480	11,318	184,525	5,986	246,687	158,110	19,659	-24,146	146,182	112,301	60,392	-81,973	145,770	-13,589	120,043	-123,202	240,369	50,508	280,021	-1,903	203,033
Additions to property and equipment
39,077	22,260	29,307	45,190	40,759	20,721	31,476	18,563	22,395	22,450	44,508	27,791	24,707	21,054	21,285	17,094	13,322	15,987	19,107	10,120	25,402	33,775	40,113	25,081	29,004	37,948	-218,790	27,035	39,311	25,174	-172,879	32,554	17,649	20,102	-15,178	-66,193	-10,714	-6,664	-7,846	-64,601	15,631	7,741	-102,306	10,469	16,311	19,998
Disposals of property and equipment and other assets
38	0	-123	60	7,035	205	2,865	0	324	104	1,113	1,224	46	4	3,744	6,485	117	133	-5,169	500	1,664	3,374	9,448	-519	1,414	71	-7,837	1,665	1,678	218	-562	62	58	123	-801	-1,350	-123	-1,586	-605	-25,953	517	11,662	-4,117	206	173	1,468
Distributions of capital from (contributions to) equity investees
358	12,000	4,857	0	2,938	966	13,030	-15,310	7,089	607	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-96,201	112,846	-	24,879	1,991	2,968
Acquisitions of businesses, net of cash acquired
-	-	-	-	-	-	-210	3,729	119,008	1,365,809	-	-	-	-	229	39,214	0	10,500	-	-	-	0	157,990	28,815	64,604	1,132,933	17,116	22,313	0	0	18,147	4,146	3,463	65,819	584	93,017	559,787	58,033	694	-3,052	41,719	220,131	22,296	0	0	1,033
Contributions to equity investees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-402	99	-36	25,476	8	5	-406	408	-745	87	640	56	-161	259	47	48	-	-	-	-	-	-	-	-
Disposals of investment in equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	13	58	0	0	0	-22	0	0	11	-30	2	0	13	-9,350	30	4,613	40	-	-	-	-	-	-	-	-
Proceeds (payments) related to sales of businesses
-	-	-	-	-	-	-4,333	0	-3,403	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of noncontrolling interests
0	0	-	-	0	1,113	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,927	1,253	-2,336	-7,638	-6,093	13,144	-1,848	5,740	2,061	-16,298	-7,216
Sales of business
-	-	-	-	-	-	-	-	-	-	-	-	-	2,036	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used for) provided by investing activities
-330,992	-34,260	-29,596	2,241,202	-36,662	-22,595	-37,098	-6,982	-144,765	-1,388,762	-137,102	-26,567	-49,443	-23,086	-46,833	-49,823	-16,611	-26,354	-32,377	-9,620	-23,738	-30,388	-175,824	-54,514	-92,158	-1,196,286	-51,146	-46,743	-33,841	-25,353	-36,869	-36,723	-21,694	-85,841	-18,826	-155,162	-567,065	-60,783	-1,855	9,428	-78,851	-327,208	-38,757	-37,203	-1,831	-15,315
Proceeds from long-term borrowings
1,896,220	841,544	575,000	558,290	797,747	851,156	413,000	2,313,267	324,613	2,733,475	628,734	421,034	329,795	314,460	320,603	340,254	396,807	591,989	554,091	522,115	383,987	308,446	150,000	27,016	13,292	629,373	0	0	0	0	-	-	-	-	63	213,622	600,625	11,371	-	-	-	-	-	-	-	-
Repayments of long-term borrowings
195,463	631,000	395,290	2,652,504	625,334	323,842	602,052	2,474,243	405,558	1,090,329	677,034	482,695	383,940	303,128	413,649	385,654	492,476	549,010	616,080	598,024	347,345	345,660	153,040	170,432	123,308	8,646	30,442	18,798	47,915	21,138	98	0	0	0	416	37	238,700	36	35	32	30	120	14,114	14,894	14,430	4,555
Proceeds from short-term borrowings
0	78	0	200,000	1	0	-1,149	1,162	-22	721	-1	679	0	669	-4,017	6,439	153	465	29,277	31,965	188,553	112,638	33,502	67,281	61,497	45,596	30,782	16,804	6,424	5,084	0	1,791	795	0	67,083	9,972	7,808	-7,808	-	-	-	-	-	-	-	-
Repayments of short-term borrowings
200,002	6	22,664	1,745	3,900	257	2,692	0	-22	721	-	-	-	-	2,421	155	555	10,911	52,774	37,954	188,275	103,187	36,601	91,332	52,385	45,773	19,798	7,627	7,975	0	1,800	256,988	298,381	22,732	20,942	112,255	26,197	0	-	-	-	-	-	-	-	-
Net change in short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18,318	97,536	-	30,875	-1,199	1,434
Proceeds from issuances of common stock
12,719	6,201	18,815	20,198	18,363	7,582	19,996	6,952	12,182	14,454	9,355	6,375	9,519	37,396	16,642	10,763	6,965	8,770	8,166	7,899	9,128	8,029	10,529	12,056	12,532	9,587	10,852	11,426	14,340	9,461	10,111	12,738	11,066	9,653	9,777	14,014	11,078	11,074	8,567	9,580	10,124	7,938	10,910	10,295	11,867	10,289
Common stock repurchases
285,822	0	329,058	36,183	346,636	141,799	-1	31	2,951	0	0	16,002	50,957	30,221	50,111	30,148	30,194	42,097	49,372	118,735	140,501	113,708	78,399	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock based compensation
-	-	-	-	-	-	-	-	-	-	135	1,309	228	1,205	200	148	24	5	505	453	0	279	-1,204	412	-485	-67	79	-486	-2,585	-221	203	-456	3,510	699	73	2,934	3,529	301	-130	1,537	800	677	525	941	799	1,249
Taxes paid on vested restricted stock
408	24,334	454	5,870	1,805	18,512	3,133	10,835	3,360	13,780	0	0	-5,053	5,053	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends, including to noncontrolling interests
37,912	25,618	24,139	25,867	27,787	28,603	21,337	20,999	26,090	18,143	-	-	-	-	3,146	0	0	2,709	0	0	0	7,230	38	3,207	850	1,986	0	2,241	2,035	3,698	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,162	-167	-7,227	1,380	-5,174	324	-4,508	-1,267
Net cash provided by (used for) financing activities
1,187,525	166,865	-177,964	-1,943,681	-193,092	345,725	-197,366	-184,727	-101,164	1,625,677	-56,893	-92,609	-108,406	15,328	-135,899	-58,353	-119,276	-3,498	-126,187	-192,281	-94,453	-140,393	-75,251	-158,206	-89,707	628,084	-8,527	-922	-39,746	-10,512	8,416	-1,844	3,084	-12,380	55,638	128,250	358,143	14,902	-8,600	8,954	-14,651	107,411	-66,223	27,541	-7,471	7,150
Effect of Exchange Rate Changes
27,980	-7,275	-13,491	15,164	-2,979	22,115	-8,750	-34,082	14,187	1,887	15,556	23,338	5,277	-21,839	-12,368	-16,603	14,301	-13,999	-31,957	7,940	-52,150	-30,756	-25,394	4,599	-7,370	-3,447	9,243	-7,550	-7,937	-1,534	4,212	-4,011	5,026	5,643	-17,299	-7,572	-877	952	21,206	-35,802	723	847	28,621	16,459	-4,009	-11,422
Net Increase (Decrease) in Cash and Cash Equivalents
1,036,667	-11,856	-367,174	147,604	-63,264	120,544	-31,012	-11,045	-224,424	285,688	15,855	83,700	-61,950	80,830	39,325	56,669	115,997	-17,134	-92,702	88,611	-205,131	-62,566	-39,966	81,357	-319,980	-245,169	-39,112	129,310	-75,538	209,288	133,869	-22,919	-37,730	53,604	131,814	25,908	-291,772	100,841	-2,838	102,623	-215,981	21,419	-25,851	286,818	-15,214	183,446