Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Sep. 30, 2017
Current assets:    
Cash and cash equivalents $ 253,227 $ 166,252
Accounts receivable — billed and billable, net of reserves of $4,356 and $6,843 415,008 394,338
Accounts receivable — unbilled 41,202 36,475
Income taxes receivable 1,677 4,528
Prepaid expenses and other current assets 47,918 55,649
Total current assets 759,032 657,242
Property and equipment, net 90,741 101,651
Capitalized software, net 22,601 26,748
Goodwill 405,082 402,976
Intangible assets, net 94,109 98,769
Deferred contract costs, net 14,673 16,298
Deferred compensation plan assets 29,703 28,548
Deferred income taxes 7,625 7,691
Other assets 6,934 10,739
Total assets 1,430,500 1,350,662
Current liabilities:    
Accounts payable and accrued liabilities 119,589 122,083
Accrued compensation and benefits 81,833 105,667
Deferred revenue 52,743 71,722
Income taxes payable 11,652 4,703
Other liabilities 13,534 12,091
Total current liabilities 279,351 316,266
Deferred revenue, less current portion 23,802 28,182
Deferred income taxes 10,997 20,106
Deferred compensation plan liabilities, less current portion 30,904 30,707
Other liabilities 19,118 9,633
Total liabilities 364,172 404,894
Shareholders’ equity:    
Common stock, no par value; 100,000 shares authorized; 65,243 and 65,137 shares issued and outstanding at March 31, 2018 and September 30, 2017, at stated amount, respectively 487,385 475,592
Accumulated other comprehensive loss (24,435) (27,619)
Retained earnings 599,630 492,112
Total MAXIMUS shareholders’ equity 1,062,580 940,085
Noncontrolling interests 3,748 5,683
Total equity 1,066,328 945,768
Total liabilities and equity $ 1,430,500 $ 1,350,662