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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2021
Sep. 27, 2020
Current assets:    
Cash and cash equivalents $ 234,266 $ 157,515
Accounts receivable, net 664,393 649,035
Contract assets 91,405 92,632
Prepaid expenses and other current assets 95,576 81,094
Income taxes receivable 20,781 19,509
Total current assets 1,106,421 999,785
Property and equipment, net 36,001 35,507
Right-of-use assets, operating leases 213,236 239,396
Investments in unconsolidated joint ventures 8,180 7,332
Goodwill 1,051,796 993,498
Intangible assets, net 9,160 13,943
Deferred tax assets 34,627 32,052
Other long-term assets 51,500 57,045
Total assets 2,510,921 2,378,558
Current liabilities:    
Accounts payable 132,602 111,804
Accrued compensation 193,185 199,801
Contract liabilities 179,127 171,905
Short-term lease liabilities, operating leases 64,911 69,650
Current portion of long-term debt and other short-term borrowings 16,252 49,264
Current contingent earn-out liabilities 16,320 16,142
Other current liabilities 208,951 174,890
Total current liabilities 811,348 793,456
Deferred tax liabilities 17,715 16,316
Long-term debt 234,020 242,395
Long-term lease liabilities, operating leases 173,080 191,955
Long-term contingent earn-out liabilities 14,904 16,475
Other long-term liabilities 67,359 80,588
Commitments and contingencies (Note 16)
Equity:    
Preferred stock - authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at June 27, 2021 and September 27, 2020 0 0
Common stock - authorized, 150,000 shares of $0.01 par value; issued and outstanding, 54,071 and 53,797 shares at June 27, 2021 and September 27, 2020, respectively 541 538
Accumulated other comprehensive loss (102,401) (161,786)
Retained earnings 1,294,260 1,198,567
Tetra Tech stockholders’ equity 1,192,400 1,037,319
Noncontrolling interests 95 54
Total stockholders' equity 1,192,495 1,037,373
Total liabilities and stockholders' equity $ 2,510,921 $ 2,378,558