TETRA TECH INC
For the period ended Sep 29, 2024. Filed Nov 19, 2024.
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FY2024 · Filed Nov 19, 2024
TTEK$40.65-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at September, 202 and October
Consolidated Balance Sheets
(in thousands, except par value)
| Fiscal Year Ended | ||
|---|---|---|
| ASSETS | September 29,2024 | October 1,2023 |
| Current assets: | ||
| Cash and cash equivalents | $232,689 | $168,831 |
| Accounts receivable, net | 1,051,461 | 974,535 |
| Contract assets | 129,678 | 113,939 |
| Prepaid expenses and other current assets | 91,585 | 89,096 |
| Income taxes receivable | 21,970 | 9,623 |
| Total current assets | 1,527,383 | 1,356,024 |
| Property and equipment, net | 73,065 | 74,832 |
| Right-of-use assets, operating leases | 177,950 | 175,932 |
| Goodwill | 2,046,569 | 1,880,244 |
| Intangible assets, net | 160,585 | 173,936 |
| Deferred tax assets | 105,529 | 89,002 |
| Other non-current assets | 101,595 | 70,507 |
| Total assets | $4,192,676 | $3,820,477 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $197,440 | $173,271 |
| Accrued compensation | 332,096 | 302,755 |
| Contract liabilities | 351,738 | 335,044 |
| Short-term lease liabilities, operating leases | 63,419 | 65,005 |
| Current contingent earn-out liabilities | 26,934 | 51,108 |
| Other current liabilities | 247,900 | 280,959 |
| Total current liabilities | 1,219,527 | 1,208,142 |
| Deferred tax liabilities | 30,162 | 14,256 |
| Long-term debt | 812,634 | 879,529 |
| Long-term lease liabilities, operating leases | 140,095 | 144,685 |
| Non-current contingent earn-out liabilities | 21,812 | 22,314 |
| Other non-current liabilities | 138,033 | 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 September 29, 2024 and October 1, 2023 | — | — |
| Common stock – Authorized, 750,000 shares of $0.01 par value; issued and outstanding, 267,717 and 266,238 shares at September 29, 2024 and October 1, 2023, respectively | 2,677 | 2,662 |
| Additional paid-in capital | 35,900 | — |
| Accumulated other comprehensive loss | (78,875) | (195,295) |
| Retained earnings | 1,870,620 | 1,596,066 |
| Tetra Tech stockholders' equity | 1,830,322 | 1,403,433 |
| Noncontrolling interests | 91 | 73 |
| Total stockholders' equity | 1,830,413 | 1,403,506 |
| Total liabilities and stockholders' equity | $4,192,676 | $3,820,477 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.