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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2020
Sep. 29, 2019
Current assets:    
Cash and cash equivalents $ 134,981 $ 120,732
Accounts receivable, net 660,579 768,720
Contract assets 109,166 114,324
Prepaid expenses and other current assets 76,602 62,196
Income taxes receivable 20,612 13,820
Total current assets 1,001,940 1,079,792
Property and equipment, net 35,486 39,441
Right-of-use assets, operating leases 262,678  
Investments in unconsolidated joint ventures 7,345 6,873
Goodwill 944,718 924,820
Intangible assets, net 14,859 16,440
Deferred tax assets 24,073 28,385
Other long-term assets 52,051 51,657
Total assets 2,343,150 2,147,408
Current liabilities:    
Accounts payable 120,587 206,609
Accrued compensation 161,494 203,384
Contract liabilities 189,741 165,611
Short-term lease liabilities, operating leases 70,594  
Current portion of long-term debt 12,525 12,572
Current contingent earn-out liabilities 29,605 24,977
Other current liabilities 151,209 156,801
Total current liabilities 735,755 769,954
Deferred tax liabilities 12,908 12,971
Long-term debt 333,041 263,949
Long-term lease liabilities, operating leases 212,229  
Long-term contingent earn-out liabilities 23,323 28,015
Other long-term liabilities 75,656 83,055
Commitments and contingencies (Note 16)
Equity:    
Preferred stock - authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at March 29, 2020 and September 29, 2019 0 0
Common stock - authorized, 150,000 shares of $0.01 par value; issued and outstanding, 54,142 and 54,565 shares at March 29, 2020 and September 29, 2019, respectively 541 546
Additional paid-in capital 10,473 78,132
Accumulated other comprehensive loss (199,391) (160,584)
Retained earnings 1,138,485 1,071,192
Tetra Tech stockholders’ equity 950,108 989,286
Noncontrolling interests 130 178
Total stockholders' equity 950,238 989,464
Total liabilities and stockholders' equity $ 2,343,150 $ 2,147,408