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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 29, 2019
Sep. 30, 2018
Current assets:    
Cash and cash equivalents $ 120,732 $ 146,185
Accounts receivable – net 768,720 694,221
Contract assets 114,324 142,882
Prepaid expenses and other current assets 62,196 56,003
Income taxes receivable 13,820 11,089
Total current assets 1,079,792 1,050,380
Property and equipment – net 39,441 43,278
Investments in unconsolidated joint ventures 6,873 3,370
Goodwill 924,820 798,820
Intangible assets – net 16,440 16,123
Deferred income taxes 28,385 8,607
Other long-term assets 51,657 38,843
Total assets 2,147,408 1,959,421
Current liabilities:    
Accounts payable 206,609 160,222
Accrued compensation 203,384 180,153
Contract liabilities 165,611 143,270
Income taxes payable 0 8,272
Current portion of long-term debt 12,572 12,599
Current contingent earn-out liabilities 24,977 13,633
Other current liabilities 156,801 99,944
Total current liabilities 769,954 618,093
Deferred income taxes 12,971 30,166
Long-term debt 263,949 264,712
Long-term contingent earn-out liabilities 28,015 21,657
Other long-term liabilities 83,055 57,693
Commitments and contingencies (Note 18)
Equity:    
Preferred stock – Authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at September 29, 2019 and September 30, 2018 0 0
Common stock – Authorized, 150,000 shares of $0.01 par value; issued and outstanding, 54,565 and 55,349 shares at September 29, 2019 and September 30, 2018, respectively 546 553
Additional paid-in capital 78,132 148,803
Accumulated other comprehensive loss (160,584) (127,350)
Retained earnings 1,071,192 944,965
Tetra Tech stockholders' equity 989,286 966,971
Noncontrolling interests 178 129
Total stockholders' equity 989,464 967,100
Total liabilities and stockholders' equity $ 2,147,408 $ 1,959,421