Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Sep. 30, 2017
Current assets:    
Cash and cash equivalents $ 196,905 $ 166,252
Accounts receivable — billed and billable, net of reserves of $5,736 and $6,843 438,995 394,338
Accounts receivable — unbilled 30,944 36,475
Income taxes receivable 2,086 4,528
Prepaid expenses and other current assets 49,919 55,649
Total current assets 718,849 657,242
Property and equipment, net 95,931 101,651
Capitalized software, net 24,629 26,748
Goodwill 403,261 402,976
Intangible assets, net 96,138 98,769
Deferred contract costs, net 14,901 16,298
Deferred compensation plan assets 29,826 28,548
Deferred income taxes 7,679 7,691
Other assets 10,316 10,739
Total assets 1,401,530 1,350,662
Current liabilities:    
Accounts payable and accrued liabilities 133,408 122,083
Accrued compensation and benefits 67,304 105,667
Deferred revenue 63,185 71,722
Income taxes payable 2,794 4,703
Other liabilities 12,565 12,091
Total current liabilities 279,256 316,266
Deferred revenue, less current portion 24,264 28,182
Deferred income taxes 25,914 20,106
Long-term debt 12,050 527
Deferred compensation plan liabilities, less current portion 34,162 30,707
Other liabilities 18,232 9,106
Total liabilities 393,878 404,894
Shareholders’ equity:    
Common stock, no par value; 100,000 shares authorized; 65,120 and 65,137 shares issued and outstanding at December 31, 2017 and September 30, 2017, at stated amount, respectively 481,261 475,592
Accumulated other comprehensive loss (27,304) (27,619)
Retained earnings 547,151 492,112
Total MAXIMUS shareholders’ equity 1,001,108 940,085
Noncontrolling interests 6,544 5,683
Total equity 1,007,652 945,768
Total liabilities and equity $ 1,401,530 $ 1,350,662