Revenue and Contract Balances (Tables)

6 Months Ended

Apr. 02, 2023

Revenue from Contract with Customer [Abstract]

Summary of revenue disaggregated by client sector and contract type

The following tables present revenue disaggregated by client sector and contract type (in thousands):

	Three Months Ended				Six Months Ended
	April 2, 2023		April 3, 2022		April 2, 2023		April 3, 2022
Client Sector:
U.S. federal government (1)	$	382,374	$	253,272	$	658,449	$	520,069
U.S. state and local government	147,791		156,032		$	300,985	$	315,040
U.S. commercial	208,538		171,741		407,494		348,646
International (2)	419,523		271,699		686,063		527,500
Total	$	1,158,226	$	852,744	$	2,052,991	$	1,711,255
Contract Type:
Fixed-price	$	413,924	$	316,304	$	741,661	$	647,552
Time-and-materials	533,496		408,051		954,066		803,700
Cost-plus	210,806		128,389		357,264		260,003
Total	$	1,158,226	$	852,744	$	2,052,991	$	1,711,255

(1)    Includes revenue generated under U.S. federal government contracts performed outside the United States.

(2)    Includes revenue generated from non-U.S. clients, primarily in Canada, Australia and the United Kingdom.

Summary of net contract assets/liabilities

Net contract assets/liabilities consisted of the following (in thousands):

	Balance at
	April 2, 2023		October 2, 2022
Contract assets (1)	$	121,115	$	92,405
Contract liabilities	321,522		241,340
Net contract liabilities	$	(200,407)	$	(148,935)

(1)    Includes $13.0 million and $23.3 million of contract retentions at April 2, 2023 and October 2, 2022, respectively.

Components of net accounts receivable

Net accounts receivable consisted of the following (in thousands):

	Balance at
	April 2, 2023		October 2, 2022
Billed	$	656,922	$	491,700
Unbilled	339,695		267,161
Total accounts receivable	996,617		758,861
Allowance for doubtful accounts	(6,651)		(3,749)
Total accounts receivable, net	$	989,966	$	755,112

Remaining performance obligation, expected timing

We expect to satisfy our RUPO at April 2, 2023 over the following periods (in thousands):

	Amount
Within 12 months	$	2,879,867
Beyond	1,356,085
Total	$	4,235,952