Investor Presentaiton
Reconciliation of GAAP to Adjusted Results
Reconciliation of Noncontrolling Interests from Continuing Operations to Adjusted Noncontrolling Interests from
Continuing Operations (in thousands)
41
111
Three Months Ended
September 29,
2023
September 30,
2022
September 29,
2023
Twelve Months Ended
September 30,
2022
Noncontrolling Interests from Continuing
Operations
(17,615) $
(15,841)
$
(53,879) $
(71,373)
Restructuring, Transaction and Other
Charges (1)
Focus 2023 Transformation, mainly real
estate rescaling efforts
(99)
Transaction costs
(395)
(597)
Restructuring and integration charges
511
(491)
(99)
(2,152)
(4,102)
(597)
(914)
Other Adjustments (2)
Amortization of intangibles
(5,007)
Other income tax adjustments
(142)
(5,405)
184
Other
1,062
(19,881)
210
(299)
(22,438)
373
-
Adjusted Noncontrolling Interests from
Continuing Operations
$
(21,685) $
(22,150)
$
(80,202) $
(94,949)
(1) Includes noncontrolling interests amounts associated with the costs incurred with Company acquisition related activity costs.
(2) Includes noncontrolling interests amounts relating to amortization of intangible assets for the three months and years ended
September 29, 2023 and September 30, 2022, certain income tax adjustments for the purposes of presenting the Company's expected annual
non-GAAP effective tax rate to facilitate a more meaningful evaluation of the Company's current operating performance and comparisons to
the Company's operating performance in other periods for the three months ended September 29, 2023 and September 30, 2022 and
additionally, for the year-to-date periods, impacts related to tax rate increases in the UK in a prior period and estimated tax impacts on certain
subsidiary level contingent equity-based agreements in connection with the transaction structure of our PA Consulting investment for the three
months and year ended September 29, 2023.
Jacobs 2023View entire presentation