Mergers and Acquisitions (Tables) - Coffey and INDUS

9 Months Ended

Jun. 26, 2016

Summary of estimated fair values of assets acquired and liabilities assumed

The following table summarizes the estimated fair values of assets acquired and liabilities assumed as of the respective acquisition dates for our acquisitions completed in fiscal 2016 ($ in thousands):

Accounts receivable	$	82,736
Other current assets	7,846
Property and equipment	14,723
Goodwill	110,831
Backlog and customer relationship intangible assets	26,188
Other assets	6,142
Current liabilities	(81,018)
Borrowings	(65,086)
Other long-term liabilities	(7,945)
Noncontrolling interests	(500)
Net assets acquired	$	93,917

Summary of consolidated pro forma operating results

	Pro-Forma
	Three Months Ended				Nine Months Ended
	June 26, 2016		June 28, 2015		June 26, 2016		June 28, 2015
	(in thousands, except per share data)
Revenue	$	666,869	$	691,637	$	1,986,149	$	2,068,236
Operating income	40,090		23,803		102,855		71,469
Net income attributable to Tetra Tech	26,397		8,883		65,923		30,856
Earnings per share attributable to Tetra Tech:
Basic	$	0.46	$	0.15	$	1.12	$	0.50
Diluted	$	0.45	$	0.15	$	1.11	$	0.49

Summary of acquisition and integration expenses

	Three Months Ended June 26, 2016		Nine Months Ended June 26, 2016
	(in thousands)
Severance including change in control payments	$	1,005	$	8,285
Professional services	–		5,685
Real estate-related	–		2,946
Total	$	1,005	$	16,916