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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2020
Sep. 29, 2019
Current assets:    
Cash and cash equivalents $ 141,658 $ 120,732
Accounts receivable, net 631,866 768,720
Contract assets 100,324 114,324
Prepaid expenses and other current assets 70,519 62,196
Income taxes receivable 11,879 13,820
Total current assets 956,246 1,079,792
Property and equipment, net 35,398 39,441
Right-of-use assets, operating leases 240,276  
Investments in unconsolidated joint ventures 6,684 6,873
Goodwill 958,162 924,820
Intangible assets, net 12,457 16,440
Deferred tax assets 26,783 28,385
Other long-term assets 53,303 51,657
Total assets 2,289,309 2,147,408
Current liabilities:    
Accounts payable 113,830 206,609
Accrued compensation 165,061 203,384
Contract liabilities 182,939 165,611
Short-term lease liabilities, operating leases 67,229  
Current portion of long-term debt 12,654 12,572
Current contingent earn-out liabilities 25,130 24,977
Other current liabilities 165,817 156,801
Total current liabilities 732,660 769,954
Deferred tax liabilities 13,421 12,971
Long-term debt 264,672 263,949
Long-term lease liabilities, operating leases 194,702  
Long-term contingent earn-out liabilities 15,943 28,015
Other long-term liabilities 74,885 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 June 28, 2020 and September 29, 2019 0 0
Common stock - authorized, 150,000 shares of $0.01 par value; issued and outstanding, 53,888 and 54,565 shares at June 28, 2020 and September 29, 2019, respectively 539 546
Additional paid-in capital 0 78,132
Accumulated other comprehensive loss (177,732) (160,584)
Retained earnings 1,170,087 1,071,192
Tetra Tech stockholders’ equity 992,894 989,286
Noncontrolling interests 132 178
Total stockholders' equity 993,026 989,464
Total liabilities and stockholders' equity $ 2,289,309 $ 2,147,408