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Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 03, 2022
Oct. 03, 2021
Current assets:    
Cash and cash equivalents $ 194,378 $ 166,568
Accounts receivable, net 667,125 668,998
Contract assets 114,958 103,784
Prepaid expenses and other current assets 100,648 112,338
Income taxes receivable 4,517 14,260
Total current assets 1,081,626 1,065,948
Property and equipment, net 36,715 37,733
Right-of-use assets, operating leases 205,087 215,422
Investments in unconsolidated joint ventures 4,605 3,282
Goodwill 1,158,623 1,108,578
Intangible assets, net 39,480 37,990
Deferred tax assets 59,272 54,413
Other long-term assets 60,217 53,196
Total assets 2,645,625 2,576,562
Current liabilities:    
Accounts payable 128,683 128,767
Accrued compensation 183,340 206,322
Contract liabilities 224,978 190,403
Short-term lease liabilities, operating leases 64,789 67,452
Current portion of long-term debt and other short-term borrowings 12,503 12,504
Current contingent earn-out liabilities 27,517 19,520
Other current liabilities 213,381 223,515
Total current liabilities 855,191 848,483
Deferred tax liabilities 17,098 10,563
Long-term debt 237,500 200,000
Long-term lease liabilities, operating leases 165,630 174,285
Long-term contingent earn-out liabilities 51,551 39,777
Other long-term liabilities 74,013 69,163
Commitments and contingencies (Note 17)
Equity:    
Preferred stock - authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at April 3, 2022 and October 3, 2021 0 0
Common stock - authorized, 150,000 shares of $0.01 par value; issued and outstanding, 53,683 and 53,981 shares at April 3, 2022 and October 3, 2021, respectively 537 540
Accumulated other comprehensive loss (115,303) (125,028)
Retained earnings 1,359,367 1,358,726
Tetra Tech stockholders’ equity 1,244,601 1,234,238
Noncontrolling interests 41 53
Total stockholders' equity 1,244,642 1,234,291
Total liabilities and stockholders' equity $ 2,645,625 $ 2,576,562