Quarterly report pursuant to Section 13 or 15(d)

Contracts Receivable Including Retainage, Net

v3.19.1
Contracts Receivable Including Retainage, Net
 6 Months Ended
Mar. 31, 2019
Contractors [Abstract]  
Contracts Receivable Including Retainage, Net
Contracts Receivable Including Retainage, net
Contracts receivable including retainage, net consisted of the following at March 31, 2019 and September 30, 2018 (in thousands):
 
March 31, 2019
 
September 30, 2018
 
(unaudited)
 
 
Contracts receivable
$
89,197

 
$
104,541

Retainage
17,691

 
16,848

 
106,888

 
121,389

Allowance for doubtful accounts
(1,347
)
 
(1,098
)
Contracts receivable including retainage, net
$
105,541

 
$
120,291

 
 
 
 
Retainage receivables have been billed, but are not due until contract completion and acceptance by the customer.