Contracts Receivable Including Retainage, Net
|12 Months Ended|
Sep. 30, 2018
|Contracts Receivable Including Retainage, Net||
Contracts Receivable Including Retainage, net
Contracts receivable including retainage, net consisted of the following at September 30, 2018 and September 30, 2017 (in thousands):
The following is a summary of changes in the allowance for doubtful accounts balance during the fiscal years ended September 30, 2018 and September 30, 2017 (in thousands):
Retainage receivables have been billed, but are not due until contract completion and acceptance by the customer.
Costs and Estimated Earnings on Uncompleted Contracts
Costs and estimated earnings compared to billings on uncompleted contracts at September 30, 2018 and September 30, 2017 consisted of the following (in thousands):
Reconciliation of net billings in excess of costs and estimated earnings to amounts reflected on the Company’s Consolidated Balance Sheets at September 30, 2018 and September 30, 2017 is follows (in thousands):
The entire disclosure for long-term contracts or programs.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef