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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 03, 2022
Mar. 28, 2021
Apr. 03, 2022
Mar. 28, 2021
Revenue $ 852,744 $ 754,764 $ 1,711,255 $ 1,519,868
Gross profit 135,173 112,484 274,940 228,794
Selling, general and administrative expenses (60,653) (51,677) (113,200) (101,735)
Income from operations 74,520 60,807 161,740 127,059
Interest expense, net (3,144) (2,823) (6,048) (5,849)
Income before income tax expense 71,376 57,984 155,692 121,210
Income tax expense (18,327) (12,456) (34,144) (23,234)
Net income 53,049 45,528 121,548 97,976
Net income attributable to noncontrolling interests (9) (11) (19) (23)
Net income attributable to Tetra Tech $ 53,040 $ 45,517 $ 121,529 $ 97,953
Earnings per share attributable to Tetra Tech:        
Basic (in dollars per share) $ 0.99 $ 0.84 $ 2.25 $ 1.81
Diluted (in dollars per share) $ 0.98 $ 0.83 $ 2.23 $ 1.79
Weighted-average common shares outstanding:        
Basic (in shares) 53,834 54,187 53,916 54,085
Diluted (in shares) 54,346 54,736 54,492 54,715
Subcontractor costs        
Cost of revenue $ (153,103) $ (154,939) $ (332,280) $ (314,873)
Other costs of revenue        
Cost of revenue $ (564,468) $ (487,341) $ (1,104,035) $ (976,201)