XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Mar. 31, 2019
Apr. 01, 2018
Revenue $ 722,621 $ 700,262 $ 1,440,052 $ 1,460,010
Gross profit 96,471 91,425 195,155 185,570
Selling, general and administrative expenses (48,898) (46,791) (91,871) (92,347)
Contingent consideration – fair value adjustments (28) (1,918) (28) (1,918)
Income from operations 47,545 42,716 103,256 91,305
Interest expense (3,164) (4,092) (6,061) (7,252)
Income before income tax benefit (expense) 44,381 38,624 97,195 84,053
Income tax benefit (expense) 11,563 (9,877) 781 (9,254)
Net income 55,944 28,747 97,976 74,799
Net income attributable to noncontrolling interests (33) (22) (69) (40)
Net income attributable to Tetra Tech $ 55,911 $ 28,725 $ 97,907 $ 74,759
Earnings per share attributable to Tetra Tech:        
Basic (in dollars per share) $ 1.01 $ 0.51 $ 1.77 $ 1.34
Diluted (in dollars per share) $ 1.00 $ 0.51 $ 1.74 $ 1.32
Weighted-average common shares outstanding:        
Basic (in shares) 55,143 55,841 55,237 55,900
Diluted (in shares) 55,985 56,673 56,161 56,825
Subcontractor        
Cost of revenue $ (137,237) $ (167,469) $ (301,305) $ (382,370)
Other        
Cost of revenue $ (488,913) $ (441,368) $ (943,592) $ (892,070)