Revenue and Contract Balances (Tables)

9 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Summary of revenue disaggregated by client sector and contract type

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

	Three Months Ended				Nine Months Ended
	June 30, 2024		July 2, 2023		June 30, 2024		July 2, 2023
Client Sector:
U.S. federal government (1)	$	432,242	$	338,022	$	1,221,320	$	996,471
U.S. state and local government	146,401		151,462		444,877		452,447
U.S. commercial	241,838		225,907		665,675		633,401
International (2)	523,842		493,556		1,492,333		1,179,619
Total	$	1,344,323	$	1,208,947	$	3,824,205	$	3,261,938
Contract Type:
Fixed-price	$	548,452	$	452,605	$	1,478,915	$	1,194,266
Time-and-materials	589,301		596,904		1,730,796		1,550,970
Cost-plus	206,570		159,438		614,494		516,702
Total	$	1,344,323	$	1,208,947	$	3,824,205	$	3,261,938

(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, Europe and the United Kingdom.

Summary of net contract assets/liabilities

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

	Balance at
	June 30, 2024		October 1, 2023
Contract assets (1)	$	118,556	$	113,939
Contract liabilities	(372,283)		(335,044)
Net contract liabilities	$	(253,727)	$	(221,105)

(1)    Includes $6.2 million and $6.8 million of contract retentions at June 30, 2024 and October 1, 2023, respectively.

Components of net accounts receivable

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

	Balance at
	June 30, 2024		October 1, 2023
Billed	$	685,184	$	672,712
Unbilled	372,913		306,788
Total accounts receivable	1,058,097		979,500
Allowance for doubtful accounts	(4,339)		(4,965)
Total accounts receivable, net	$	1,053,758	$	974,535

Remaining performance obligation, expected timing

We expect to satisfy our RUPO at June 30, 2024 over the following periods (in thousands):

	Amount
Within 12 months	$	3,508,571
Beyond	1,683,295
Total	$	5,191,866