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Revenue and Contract Balances (Tables)

3 Months Ended

Dec. 29, 2024

Revenue from Contract with Customer [Abstract]

Summary of revenue disaggregated by client sector and contract type

The following tables present our revenue disaggregated by client sector and contract type (in thousands):

			Three Months Ended
			December 29, 2024						December 31, 2023
Client Sector:
U.S. federal government (1)			$	501,848					$	382,076
U.S. state and local government			202,987						150,925
U.S. commercial			233,591						222,430
International (2)			482,135						472,836
Total			$	1,420,561					$	1,228,267
Contract Type:
Fixed-price			$	519,822					$	471,442
Time-and-materials			598,948						549,651
Cost-plus			301,791						207,174
Total			$	1,420,561					$	1,228,267

(1)    Includes revenue generated under U.S. federal government contracts performed outside the United States.

(2)    Includes revenue generated from non-U.S. clients, primarily in United Kingdom, Australia and Canada

Summary of net contract assets/liabilities

Net contract assets/liabilities consisted of the following (in thousands):

			As of
			December 29, 2024						September 29, 2024
Contract assets (1)			$	122,310					$	129,678
Contract liabilities - current			(359,957)						(351,738)
Contract liabilities - non-current (2)			(8,035)						—
Net contract liabilities			$	(245,682)					$	(222,060)

(1)    Includes $8.4 million and $7.9 million of contract retentions at December 29, 2024 and September 29, 2024, respectively.

(2)    Reported under "Other non-current liabilities" on our consolidated balance sheet as of December 29,2024.

Components of net accounts receivable

Net accounts receivable consisted of the following (in thousands):

			As of
			December 29, 2024						September 29, 2024
Billed			$	707,357					$	707,406
Unbilled			414,778						348,907
Total accounts receivable			1,122,135						1,056,313
Allowance for doubtful accounts			(4,469)						(4,852)
Total accounts receivable, net			$	1,117,666					$	1,051,461

Remaining performance obligation, expected timing

We expect to satisfy our RUPO at December 29, 2024 over the following periods (in thousands):

			Amount
Within 12 months			$	3,673,959
Beyond			1,717,412
Total			$	5,391,371

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

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-Topic 606
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-Name Accounting Standards Codification
-Section 50
-Paragraph 10
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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
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Tabular disclosure of expected timing for satisfying remaining performance obligation.

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