Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Sep. 30, 2017
ASSETS
Current assets	$ 536,835	$ 512,240
Cash and cash equivalents	57,307	59,254
Receivables, net	228,330	245,248
Inventories, net	140,467	120,047
Cost and earnings in excess of billings on uncompleted contracts	84,900	66,814
Prepaid and other current assets	24,888	20,046
Income tax receivable	943	831
Property, plant, and equipment, net	289,178	280,043
Goodwill	324,272	321,913
Intangible assets, net	319,276	333,746
Deferred income taxes	7,049	2,968
Other non‑current assets	22,611	22,399
Total assets	1,499,221	1,473,309
LIABILITIES AND EQUITY
Current liabilities	278,602	291,899
Accounts payable	140,434	114,932
Current portion of debt	9,708	11,325
Billings in excess of costs incurred	21,259	27,124
Product warranties	7,760	11,164
Accrued expenses and other liabilities	90,395	121,923
Income tax payable	9,046	5,431
Non‑current liabilities	857,403	964,835
Long‑term debt	780,430	878,524
Product warranties	3,545	6,110
Other non‑current liabilities	64,837	67,673
Deferred income taxes	8,591	12,528
Total liabilities	1,136,005	1,256,734
Commitments and Contingent Liabilities (Note 17)
Shareholders’ equity
Common stock, par value $0.01: authorized 1,000,000 shares; issued 105,359 shares, outstanding 104,949 shares at September 30, 2017; issued 114,771 shares, outstanding 113,811 shares at June 30, 2018	1,143	1,054
Treasury stock: 410 shares at September 30, 2017 and 960 shares at June 30, 2018	(2,837)	(2,607)
Additional paid‑in capital	529,992	388,986
Retained deficit	(160,421)	(170,006)
Accumulated other comprehensive loss, net of tax	(8,800)	(5,989)
Total Evoqua Water Technologies Corp. equity	359,077	211,438
Non‑controlling interest	4,139	5,137
Total shareholders’ equity	363,216	216,575
Total liabilities and shareholders’ equity	$ 1,499,221	$ 1,473,309