Table:
|  |  |  | August 31, |  |  |
| --- | --- | --- | --- | --- | --- |
|  | 2019 | 2018 | 2017 | 2016 | 2015 |
|  |  |  | (in thousands) |  |  |
| Consolidated Balance Sheets Data: |  |  |  |  |  |
| Working capital(2) | $(187,020) | $319,050 | $(243,910) | $280,325 | $191,168 |
| Total assets | $12,970,475 | $12,045,641 | $11,095,995 | $10,322,677 | $9,591,600 |
| Current installments of notes payable and long-term debt | $375,181 | $25,197 | $444,255 | $44,689 | $321,964 |
| Notes payable and long-term debt, less current installments | $2,121,284 | $2,493,502 | $1,606,017 | $2,046,655 | $1,308,663 |
| Total Jabil Inc. stockholders’ equity | $1,887,443 | $1,950,257 | $2,353,514 | $2,438,171 | $2,314,856 |
| Common stock shares outstanding | 153,520 | 164,588 | 177,728 | 186,998 | 192,068 |
Paragraphs:
Item 6. Selected Financial Data
The following selected data is derived from our Consolidated Financial Statements. This data should be read in conjunction with the Consolidated Financial Statements and notes thereto incorporated into Item 8, “Financial Statements and Supplementary Data” and with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
(2) Working capital is defined as current assets minus current liabilities.
Question:
How does the company define working capital?
Answer: current assets minus current liabilities