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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 29, 2019
Sep. 29, 2019
Current assets:    
Cash and cash equivalents $ 110,833 $ 120,732
Accounts receivable, net 735,128 768,720
Contract assets 111,115 114,324
Prepaid expenses and other current assets 82,745 62,196
Income taxes receivable 10,483 13,820
Total current assets 1,050,304 1,079,792
Property and equipment, net 40,438 39,441
Right-of-use assets, operating leases 223,930  
Investments in unconsolidated joint ventures 7,172 6,873
Goodwill 937,068 924,820
Intangible assets, net 14,081 16,440
Deferred tax assets 27,827 28,385
Other long-term assets 51,733 51,657
Total assets 2,352,553 2,147,408
Current liabilities:    
Accounts payable 140,228 206,609
Accrued compensation 124,286 203,384
Contract liabilities 203,818 165,611
Short-term lease liabilities, operating leases 70,958  
Current portion of long-term debt 12,546 12,572
Current contingent earn-out liabilities 22,825 24,977
Other current liabilities 137,815 156,801
Total current liabilities 712,476 769,954
Deferred tax liabilities 13,134 12,971
Long-term debt 322,496 263,949
Long-term lease liabilities, operating leases 172,121  
Long-term contingent earn-out liabilities 21,598 28,015
Other long-term liabilities 83,963 83,055
Commitments and contingencies (Note 16)
Equity:    
Preferred stock - authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at December 29, 2019 and September 29, 2019 0 0
Common stock - authorized, 150,000 shares of $0.01 par value; issued and outstanding, 54,728 and 54,565 shares at December 29, 2019 and September 29, 2019, respectively 547 546
Additional paid-in capital 60,747 78,132
Accumulated other comprehensive loss (145,015) (160,584)
Retained earnings 1,110,312 1,071,192
Tetra Tech stockholders’ equity 1,026,591 989,286
Noncontrolling interests 174 178
Total stockholders' equity 1,026,765 989,464
Total liabilities and stockholders' equity $ 2,352,553 $ 2,147,408