TETRA TECH INC
For the period ended Dec 29, 2024. Filed Jan 31, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 29, 2024 · Filed Jan 31, 2025
TTEK$41.09+2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
Consolidated Balance Sheets
(unaudited - in thousands, except par value)
| As of | ||
|---|---|---|
| ASSETS | December 29,2024 | September 29,2024 |
| Current assets: | ||
| Cash and cash equivalents | $248,104 | $232,689 |
| Accounts receivable, net | 1,117,666 | 1,051,461 |
| Contract assets | 122,310 | 129,678 |
| Prepaid expenses and other current assets | 143,768 | 113,555 |
| Total current assets | 1,631,848 | 1,527,383 |
| Property and equipment, net | 67,102 | 73,065 |
| Right-of-use assets, operating leases | 172,080 | 177,950 |
| Goodwill | 1,968,684 | 2,046,569 |
| Intangible assets, net | 142,097 | 160,585 |
| Deferred tax assets | 96,916 | 105,529 |
| Other non-current assets | 100,457 | 101,595 |
| Total assets | $4,179,184 | $4,192,676 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $238,157 | $197,440 |
| Accrued compensation | 222,549 | 332,096 |
| Contract liabilities | 359,957 | 351,738 |
| Short-term lease liabilities, operating leases | 61,184 | 63,419 |
| Current contingent earn-out liabilities | 24,153 | 26,934 |
| Other current liabilities | 361,345 | 247,900 |
| Total current liabilities | 1,267,345 | 1,219,527 |
| Deferred tax liabilities | 24,902 | 30,162 |
| Long-term debt | 888,450 | 812,634 |
| Long-term lease liabilities, operating leases | 134,759 | 140,095 |
| Non-current contingent earn-out liabilities | 22,007 | 21,812 |
| Other non-current liabilities | 149,702 | 138,033 |
| Commitments and contingencies (Note 17) | ||
| Equity: | ||
| Preferred stock - authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at December 29, 2024 and September 29, 2024 | — | — |
| Common stock - authorized, 750,000 shares of $0.01 par value; issued and outstanding, 268,028 and 267,717 shares at December 29, 2024 and September 29, 2024, respectively | 2,680 | 2,677 |
| Additional paid-in capital | 21,153 | 35,900 |
| Accumulated other comprehensive loss | (187,754) | (78,875) |
| Retained earnings | 1,855,818 | 1,870,620 |
| Tetra Tech stockholders’ equity | 1,691,897 | 1,830,322 |
| Noncontrolling interests | 122 | 91 |
| Total stockholders' equity | 1,692,019 | 1,830,413 |
| Total liabilities and stockholders' equity | $4,179,184 | $4,192,676 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.