SEC Comment Letter 0000000000-23-012662 to JACOBS SOLUTIONS INC. (J) (CIK 0000052988) (J)
JACOBS SOLUTIONS INC. (J) (CIK 0000052988)
Date: Nov. 17, 2023 · CIK: 0000052988 · Accession: 0000000000-23-012662
AI Filing Summary & Sentiment
File numbers found in text: 001-07463
Letter
United States securities and exchange commission logo November 17, 2023 Claudia Jaramillo Chief Financial Officer JACOBS SOLUTIONS INC. 1999 Bryan Street Suite 1200 Dallas, Texas 75201 Re:JACOBS SOLUTIONS INC. Form 10-K for the year ended September 30, 2022 Filed on November 21, 2022 Form 8-K filed on February 7, 2023 File No. 001-07463 Dear Claudia Jaramillo: We have reviewed your August 22, 2023 response to our comment letter and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our July 25, 2023 letter. Form 8-K filed on February 7, 2023 Reconciliation of Income Tax Expense from Continuing Operations to Adjusted Income Tax Expense from Continuing Operations, page 14 1.We have considered your responses to our prior comments 1 and 2 and the information provided on our October 20, 2023 call with you. Based on the information provided, the presentation of the Other Income Tax Adjustments line item changes the recognition and measurement principles required by GAAP and results in non-GAAP measure that is inconsistent with Rule 100(b) of Regulation G and Question 100.04 of the Compliance and Disclosure Interpretations on Non-GAAP Financial Measures. As such, please remove this adjustment from your future non-GAAP presentations. Please contact Ameen Hamady at 202-551-3891 or Shannon Menjivar at 202-551-3856 if you have questions regarding comments on the financial statements and related matters.
FirstName LastNameClaudia Jaramillo Comapany NameJACOBS SOLUTIONS INC. November 17, 2023 Page 2 FirstName LastName Claudia Jaramillo JACOBS SOLUTIONS INC. November 17, 2023 Page 2 Sincerely, Division of Corporation Finance Office of Real Estate & Construction
Show Raw Text
United States securities and exchange commission logo
November 17, 2023
Claudia Jaramillo
Chief Financial Officer
JACOBS SOLUTIONS INC.
1999 Bryan Street Suite 1200
Dallas, Texas 75201
Re:JACOBS SOLUTIONS INC.
Form 10-K for the year ended September 30, 2022
Filed on November 21, 2022
Form 8-K filed on February 7, 2023
File No. 001-07463
Dear Claudia Jaramillo:
We have reviewed your August 22, 2023 response to our comment letter and have the
following comment(s).
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments. Unless
we note otherwise, any references to prior comments are to comments in our July 25, 2023 letter.
Form 8-K filed on February 7, 2023
Reconciliation of Income Tax Expense from Continuing Operations to Adjusted Income Tax
Expense from Continuing Operations, page 14
1.We have considered your responses to our prior comments 1 and 2 and the information
provided on our October 20, 2023 call with you. Based on the information provided, the
presentation of the Other Income Tax Adjustments line item changes the recognition and
measurement principles required by GAAP and results in non-GAAP measure that is
inconsistent with Rule 100(b) of Regulation G and Question 100.04 of the Compliance
and Disclosure Interpretations on Non-GAAP Financial Measures. As such, please
remove this adjustment from your future non-GAAP presentations.
Please contact Ameen Hamady at 202-551-3891 or Shannon Menjivar at 202-551-3856 if
you have questions regarding comments on the financial statements and related matters.
FirstName LastNameClaudia Jaramillo
Comapany NameJACOBS SOLUTIONS INC.
November 17, 2023 Page 2
FirstName LastName
Claudia Jaramillo
JACOBS SOLUTIONS INC.
November 17, 2023
Page 2
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction