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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Oct. 01, 2017
Current assets:    
Cash and cash equivalents $ 173,025 $ 189,975
Accounts receivable – net 846,201 788,767
Prepaid expenses and other current assets 65,856 49,969
Income taxes receivable 5,589 13,312
Total current assets 1,090,671 1,042,023
Property and equipment – net 56,929 56,835
Investments in unconsolidated joint ventures 2,419 2,700
Goodwill 763,455 740,886
Intangible assets – net 24,533 26,688
Deferred tax assets 0 1,763
Other long-term assets 32,980 31,850
Total assets 1,970,987 1,902,745
Current liabilities:    
Accounts payable 144,628 177,638
Accrued compensation 100,833 143,408
Billings in excess of costs on uncompleted contracts 132,930 117,499
Current portion of long-term debt 15,511 15,588
Current contingent earn-out liabilities 7,868 2,024
Other current liabilities 82,146 81,511
Total current liabilities 483,916 537,668
Deferred tax liabilities 39,240 43,781
Long-term debt 432,431 341,283
Long-term contingent earn-out liabilities 13,218 414
Other long-term liabilities 55,061 50,975
Commitments and contingencies (Note 14)
Equity:    
Preferred stock - authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at December 31, 2017 and October 1, 2017 0 0
Common stock - authorized, 150,000 shares of $0.01 par value; issued and outstanding, 55,988 and 55,873 shares at December 31, 2017 and October 1, 2017, respectively 560 559
Additional paid-in capital 175,293 193,835
Accumulated other comprehensive loss (101,901) (98,500)
Retained earnings 873,004 832,559
Tetra Tech stockholders’ equity 946,956 928,453
Noncontrolling interests 165 171
Total stockholders' equity 947,121 928,624
Total liabilities and stockholders' equity $ 1,970,987 $ 1,902,745