For the quarter ending 2025-12-28, TTEK had $101,076K increase in cash & cash equivalents over the period. $68,115K in free cash flow.
| Cash Flow | 2025-12-28 | 2025-09-28 | 2025-06-29 |
|---|---|---|---|
| Provision for losses on accounts receivables | - | -256 | 3,406 |
| Impairment of goodwill | - | 0 | 92,416 |
| Net income | 105,222 | 127,876 | 120,073 |
| Depreciation and amortization | 13,996 | 14,640 | 43,636 |
| Amortization of stock-based awards | 8,182 | 8,157 | 25,789 |
| Deferred income taxes | 13,085 | -3,641 | -7,656 |
| Gain on cash surrender value of life insurance policies | - | - | 1,599 |
| Gain on sale of divested business | 7,710 | - | - |
| Fair value adjustments to contingent consideration | 7,447 | 9,873 | 2,355 |
| Right-of-use operating lease asset impairment | - | 0 | - |
| Fair value adjustment to foreign currency forward contract | - | 0 | - |
| Acquisition and integration expenses | - | 0 | - |
| Other non-cash items | -1,821 | -5,243 | -3,781 |
| Accounts receivable and contract assets | -79,945 | 46,869 | 65,886 |
| Prepaid expenses and other assets | 17,927 | 8,843 | 21,720 |
| Accounts payable | -8,824 | -25,141 | 27,539 |
| Accrued compensation | -126,658 | 34,870 | -15,991 |
| Contract liabilities | 13,213 | 29,003 | 44,486 |
| Income taxes receivable/payable | 2,450 | -9,591 | 32,818 |
| Cash settled on contingent earn-out liabilities | 0 | 3,750 | 7,420 |
| Other liabilities | 2,919 | -12,577 | 85,521 |
| Net cash provided by operating activities | 72,267 | 100,847 | 356,838 |
| Proceeds from sales of assets | - | 37 | 882 |
| Payments for business acquisitions, net of cash acquired | - | -430 | 97,693 |
| Proceeds from company-owned life insurance policies | - | 0 | 1,934 |
| Settlement of foreign currency forward contract | - | 0 | - |
| Capital expenditures | 4,152 | 5,237 | 13,396 |
| Proceeds from divested business, net | 41,612 | 2,406 | - |
| Proceeds from loan repayment from divested business | - | 3,883 | - |
| Net cash provided by (used in) investing activities | 37,460 | 1,519 | -108,273 |
| Proceeds from borrowings | 70,000 | 0 | 715,000 |
| Repayments on long-term debt | 0 | 106,027 | 665,000 |
| Proceeds from issuance of convertible notes | - | 0 | - |
| Payments of debt issuance costs | - | 0 | 2,738 |
| Capped call transactions | - | 0 | - |
| Repurchases of common stock | 50,000 | 50,000 | 199,984 |
| Shares repurchased for tax withholdings on share-based awards | 11,864 | 105 | 13,942 |
| Payments of contingent earn-out liabilities | 0 | 250 | 14,805 |
| Stock options exercised | 10 | 253 | 216 |
| Dividends paid | 16,937 | 17,047 | 47,992 |
| Principal payments on finance leases | 2,083 | 2,081 | 5,742 |
| Net cash provided by (used in) financing activities | -10,874 | -175,257 | -234,987 |
| Effect of exchange rate changes on cash and cash equivalents | 2,223 | -1,570 | -3,434 |
| Net increase in cash and cash equivalents | 101,076 | -74,461 | 10,144 |
| Cash and cash equivalents at beginning of period | 168,372 | 232,689 | - |
| Cash and cash equivalents at end of period | 269,448 | 168,372 | - |
TETRA TECH INC (TTEK)
TETRA TECH INC (TTEK)