Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Sep. 30, 2021
ASSETS
Current assets	$ 832,220	$ 678,458
Cash and cash equivalents	137,839	146,244
Receivables, net	293,471	277,995
Inventories, net	232,459	158,503
Contract assets	101,899	72,746
Prepaid and other current assets	64,877	21,871
Income tax receivable	1,675	1,099
Property, plant, and equipment, net	400,367	374,988
Goodwill	471,688	407,376
Intangible assets, net	315,983	290,075
Deferred income taxes, net of valuation allowance	4,788	8,285
Operating lease right-of-use assets, net	52,954	45,521
Other non‑current assets	93,618	64,188
Total assets	2,171,618	1,868,891
LIABILITIES AND EQUITY
Current liabilities	457,162	405,989
Accounts payable	198,180	164,535
Current portion of debt, net of deferred financing fees and discounts	16,064	12,775
Contract liabilities	66,943	55,883
Product warranties	7,198	8,138
Accrued expenses and other liabilities	162,474	160,367
Income tax payable	6,303	4,291
Non‑current liabilities	1,052,166	880,683
Long-term debt, net of deferred financing fees and discounts	909,763	730,430
Product warranties	3,994	2,966
Obligation under operating leases	43,832	37,935
Other non‑current liabilities	79,766	92,909
Deferred income taxes	14,811	16,443
Total liabilities	1,509,328	1,286,672
Commitments and Contingent Liabilities (Note 19)
Shareholders’ equity
Common stock, par value $0.01: authorized 1,000,000 shares; issued 123,150 shares, outstanding 121,486 at June 30, 2022; issued 122,173 shares, outstanding 120,509 at September 30, 2021	1,232	1,223
Treasury stock: 1,664 shares at June 30, 2022 and 1,664 shares at September 30, 2021	(2,837)	(2,837)
Additional paid-in capital	600,403	582,052
Retained earnings (deficit)	19,698	(11,182)
Accumulated other comprehensive income, net of tax	43,794	11,415
Total Evoqua Water Technologies Corp. equity	662,290	580,671
Non-controlling interest	0	1,548
Total shareholders’ equity	662,290	582,219
Total liabilities and shareholders’ equity	$ 2,171,618	$ 1,868,891