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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Sep. 30, 2020
ASSETS    
Current assets $ 717,132 $ 695,712
Cash and cash equivalents 222,718 193,001
Receivables, net 227,343 260,479
Inventories, net 156,787 142,379
Contract assets 74,801 80,759
Prepaid and other current assets 34,491 18,715
Income tax receivable 992 379
Property, plant, and equipment, net 371,868 364,461
Goodwill 404,393 397,205
Intangible assets, net 299,318 309,967
Deferred income taxes, net of valuation allowance 1,661 3,639
Operating lease right-of-use assets, net 47,591 45,965
Other non‑current assets 37,836 27,509
Total assets 1,879,799 1,844,458
LIABILITIES AND EQUITY    
Current liabilities 346,573 349,555
Accounts payable 144,613 153,890
Current portion of debt, net of deferred financing fees 21,343 14,339
Contract liabilities 36,894 26,259
Product warranties 6,714 6,115
Accrued expenses and other liabilities 134,692 143,389
Income tax payable 2,317 5,563
Non‑current liabilities 1,008,341 1,012,840
Long-term debt, net of deferred financing fees 859,692 861,695
Product warranties 1,989 1,724
Obligation under operating leases 39,174 37,796
Other non‑current liabilities 96,007 98,456
Deferred income taxes 11,479 13,169
Total liabilities 1,354,914 1,362,395
Commitments and Contingent Liabilities (Note 19)
Shareholders’ equity    
Common stock, par value $0.01: authorized 1,000,000 shares; issued 121,442 shares, outstanding 119,778 at March 31, 2021; issued 119,486 shares, outstanding 117,291 at September 30, 2020 1,215 1,189
Treasury stock: 1,664 shares at March 31, 2021 and 2,195 shares at September 30, 2020 (2,837) (2,837)
Additional paid-in capital 564,034 564,928
Retained deficit (51,195) (62,664)
Accumulated other comprehensive income (loss), net of tax 12,009 (20,472)
Total Evoqua Water Technologies Corp. equity 523,226 480,144
Non-controlling interest 1,659 1,919
Total shareholders’ equity 524,885 482,063
Total liabilities and shareholders’ equity $ 1,879,799 $ 1,844,458