MAXIMUS INC
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
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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 31, 2023 · Filed Feb 8, 2024
MMS$65.64+0.2%Stored close · as of Nov 9, 2026
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Consolidated Balance Sheets
| December 31, 2023 | September 30, 2023 | |
|---|---|---|
| (unaudited) | ||
| (in thousands) | ||
| Assets: | ||
| Cash and cash equivalents | $104,186 | $65,405 |
| Accounts receivable, net | 860,409 | 826,873 |
| Income taxes receivable | 15,850 | 16,556 |
| Prepaid expenses and other current assets | 129,174 | 146,632 |
| Total current assets | 1,109,619 | 1,055,466 |
| Property and equipment, net | 34,976 | 38,831 |
| Capitalized software, net | 125,383 | 107,811 |
| Operating lease right-of-use assets | 154,929 | 163,929 |
| Goodwill | 1,781,092 | 1,779,215 |
| Intangible assets, net | 680,309 | 703,648 |
| Deferred contract costs, net | 46,439 | 45,372 |
| Deferred compensation plan assets | 47,273 | 42,919 |
| Deferred income taxes | 2,204 | 2,459 |
| Other assets | 34,637 | 46,147 |
| Total assets | $4,016,861 | $3,985,797 |
| Liabilities and Shareholders' Equity: | ||
| Liabilities: | ||
| Accounts payable and accrued liabilities | $267,623 | $282,081 |
| Accrued compensation and benefits | 115,864 | 194,251 |
| Deferred revenue, current portion | 63,032 | 60,477 |
| Income taxes payable | 23,717 | 451 |
| Long-term debt, current portion | 90,443 | 86,844 |
| Operating lease liabilities, current portion | 48,490 | 49,852 |
| Other current liabilities | 49,197 | 49,058 |
| Total current liabilities | 658,366 | 723,014 |
| Deferred revenue, non-current portion | 37,221 | 38,849 |
| Deferred income taxes | 198,317 | 203,898 |
| Long-term debt, non-current portion | 1,222,243 | 1,163,149 |
| Deferred compensation plan liabilities, non-current portion | 51,507 | 46,432 |
| Operating lease liabilities, non-current portion | 118,594 | 129,367 |
| Other liabilities | 12,807 | 13,253 |
| Total liabilities | 2,299,055 | 2,317,962 |
| Commitments and contingencies (Note 10) | ||
| Shareholders' equity: | ||
| Common stock, no par value; 100,000 shares authorized; 61,031 and 60,998 shares issued and outstanding as of December 31, 2023 and September 30 2023, respectively | 585,278 | 577,898 |
| Accumulated other comprehensive loss | (30,588) | (27,615) |
| Retained earnings | 1,163,116 | 1,117,552 |
| Total shareholders' equity | 1,717,806 | 1,667,835 |
| Total liabilities and shareholders' equity | $4,016,861 | $3,985,797 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.