Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Sep. 30, 2021
ASSETS
Current assets	$ 681,902	$ 678,458
Cash and cash equivalents	152,525	146,244
Receivables, net	236,923	277,995
Inventories, net	174,271	158,503
Contract assets	84,982	72,746
Prepaid and other current assets	32,092	21,871
Income tax receivable	1,109	1,099
Property, plant, and equipment, net	373,073	374,988
Goodwill	407,521	407,376
Intangible assets, net	281,357	290,075
Deferred income taxes, net of valuation allowance	8,192	8,285
Operating lease right-of-use assets, net	43,474	45,521
Other non‑current assets	72,082	64,188
Total assets	1,867,601	1,868,891
LIABILITIES AND EQUITY
Current liabilities	398,490	405,989
Accounts payable	175,873	164,535
Current portion of debt, net of deferred financing fees and discounts	13,296	12,775
Contract liabilities	53,022	55,883
Product warranties	7,893	8,138
Accrued expenses and other liabilities	144,444	160,367
Income tax payable	3,962	4,291
Non‑current liabilities	866,518	880,683
Long-term debt, net of deferred financing fees and discounts	716,947	730,430
Product warranties	2,902	2,966
Obligation under operating leases	35,938	37,935
Other non‑current liabilities	94,029	92,909
Deferred income taxes	16,702	16,443
Total liabilities	1,265,008	1,286,672
Commitments and Contingent Liabilities (Note 19)
Shareholders’ equity
Common stock, par value $0.01: authorized 1,000,000 shares; issued 122,372 shares, outstanding 120,708 at December 31, 2021; issued 122,173 shares, outstanding 120,509 at September 30, 2021	1,225	1,223
Treasury stock: 1,664 shares at December 31, 2021 and 1,664 shares at September 30, 2021	(2,837)	(2,837)
Additional paid-in capital	588,077	582,052
Retained deficit	(5,195)	(11,182)
Accumulated other comprehensive income, net of tax	19,774	11,415
Total Evoqua Water Technologies Corp. equity	601,044	580,671
Non-controlling interest	1,549	1,548
Total shareholders’ equity	602,593	582,219
Total liabilities and shareholders’ equity	$ 1,867,601	$ 1,868,891