Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.6.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Sep. 30, 2016
Current assets:    
Cash and cash equivalents $ 69,767 $ 66,199
Accounts receivable — billed and billable, net of reserves of $4,283 and $4,226 426,372 444,357
Accounts receivable — unbilled 38,431 36,433
Income taxes receivable 1,759 17,273
Prepaid expenses and other current assets 51,126 56,718
Total current assets 587,455 620,980
Property and equipment, net 121,799 131,569
Capitalized software, net 28,172 30,139
Goodwill 393,480 397,558
Intangible assets, net 104,809 109,027
Deferred contract costs, net 17,805 18,182
Deferred compensation plan assets 23,816 23,307
Deferred income taxes 8,929 8,644
Other assets 10,072 9,413
Total assets 1,296,337 1,348,819
Current liabilities:    
Accounts payable and accrued liabilities 134,482 150,711
Accrued compensation and benefits 68,996 96,480
Deferred revenue 64,665 73,692
Income taxes payable 9,166 7,979
Long-term debt, current portion 240 277
Other liabilities 11,563 11,617
Total current liabilities 289,112 340,756
Deferred revenue, less current portion 36,422 40,007
Deferred income taxes 22,731 16,813
Long-term debt 150,292 165,338
Deferred compensation plan liabilities, less current portion 26,497 24,012
Other liabilities 8,911 8,753
Total liabilities 533,965 595,679
Shareholders' equity:    
Common stock, no par value; 100,000 shares authorized; 64,664 and 65,223 shares issued and outstanding at December 31, 2016 and September 30, 2016, at stated amount, respectively 466,656 461,679
Accumulated other comprehensive loss (45,851) (36,169)
Retained earnings 338,460 323,571
Total MAXIMUS shareholders’ equity 759,265 749,081
Noncontrolling interests 3,107 4,059
Total equity 762,372 753,140
Total liabilities and equity $ 1,296,337 $ 1,348,819