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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 03, 2022
Jun. 27, 2021
Jul. 03, 2022
Jun. 27, 2021
Revenue $ 890,231 $ 801,633 $ 2,601,485 $ 2,321,500
Gross profit 144,584 125,696 419,524 354,490
Selling, general and administrative expenses (60,679) (55,889) (173,879) (157,625)
Income from operations 83,905 69,807 245,645 196,865
Interest expense, net (2,919) (2,737) (8,967) (8,585)
Income before income tax expense 80,986 67,070 236,678 188,280
Income tax expense (22,329) (15,146) (56,473) (38,380)
Net income 58,657 51,924 180,205 149,900
Net income attributable to noncontrolling interests (7) (21) (26) (44)
Net income attributable to Tetra Tech, basic 58,650 51,903 180,179 149,856
Net income attributable to Tetra Tech, diluted $ 58,650 $ 51,903 $ 180,179 $ 149,856
Earnings per share attributable to Tetra Tech:        
Basic (in dollars per share) $ 1.10 $ 0.96 $ 3.35 $ 2.77
Diluted (in dollars per share) $ 1.09 $ 0.95 $ 3.32 $ 2.74
Weighted-average common shares outstanding:        
Basic (in shares) 53,507 54,117 53,777 54,095
Diluted (in shares) 54,006 54,666 54,328 54,698
Subcontractor costs        
Cost of revenue $ (169,745) $ (163,590) $ (502,024) $ (478,461)
Other costs of revenue        
Cost of revenue $ (575,902) $ (512,347) $ (1,679,937) $ (1,488,549)