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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Oct. 01, 2023
Current assets:    
Cash and cash equivalents $ 212,321 $ 168,831
Accounts receivable, net 1,053,758 974,535
Contract assets 118,556 113,939
Prepaid expenses and other current assets 121,846 98,719
Total current assets 1,506,481 1,356,024
Property and equipment, net 70,694 74,832
Right-of-use assets, operating leases 167,317 175,932
Goodwill 1,992,110 1,880,244
Intangible assets, net 164,459 173,936
Deferred tax assets 89,510 89,002
Other non-current assets 94,334 70,507
Total assets 4,084,905 3,820,477
Current liabilities:    
Accounts payable 198,341 173,271
Accrued compensation 317,457 302,755
Contract liabilities 372,283 335,044
Short-term lease liabilities, operating leases 65,932 65,005
Current contingent earn-out liabilities 47,407 51,108
Other current liabilities 244,842 280,959
Total current liabilities 1,246,262 1,208,142
Deferred tax liabilities 17,254 14,256
Long-term debt 861,830 879,529
Long-term lease liabilities, operating leases 128,892 144,685
Non-current contingent earn-out liabilities 22,876 22,314
Other non-current liabilities 141,588 148,045
Commitments and contingencies (Note 18)
Equity:    
Preferred stock - authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at June 30, 2024 and October 1, 2023 0 0
Common stock - authorized, 150,000 shares of $0.01 par value; issued and outstanding, 53,532 and 53,248 shares at June 30, 2024 and October 1, 2023, respectively 535 532
Additional paid-in capital 28,171 0
Accumulated other comprehensive loss (154,689) (195,295)
Retained earnings 1,792,121 1,598,196
Tetra Tech stockholders’ equity 1,666,138 1,403,433
Noncontrolling interests 65 73
Total stockholders' equity 1,666,203 1,403,506
Total liabilities and stockholders' equity $ 4,084,905 $ 3,820,477