Quarterly report pursuant to Section 13 or 15(d)

Contracts Receivable Including Retainage, Net

v3.8.0.1
Contracts Receivable Including Retainage, Net
6 Months Ended
Mar. 31, 2018
Receivables [Abstract]  
Contracts Receivable Including Retainage, Net

Note 3—Contracts Receivable Including Retainage, Net

Contracts receivable including retainage, net are comprised of the following at March 31, 2018 and September 30, 2017 (in thousands):

 

     March 31, 2018      September 30, 2017  
     (unaudited)         

Contracts receivable

   $ 63,688      $ 109,538  

Retainage

     13,528        13,180  
  

 

 

    

 

 

 
     77,216        122,718  

Allowance for doubtful accounts

     (1,333      (1,734
  

 

 

    

 

 

 

Contracts receivable including retainage, net

   $ 75,883      $ 120,984  
  

 

 

    

 

 

 

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