Quarterly report pursuant to Section 13 or 15(d)

Contracts Receivable Including Retainage, Net

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Contracts Receivable Including Retainage, Net
 9 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Contracts Receivable Including Retainage, Net

Note 4 - Contracts Receivable Including Retainage, Net

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

 

     June 30, 2018      September 30, 2017  
     (unaudited)         

Contracts receivable

    $ 102,673      $ 109,538  

Retainage

      14,482        13,180  
  

 

 

     

 

 

  
     117,155        122,718  

Allowance for doubtful accounts

      (1,476 )       (1,734 ) 
  

 

 

     

 

 

  

Contracts receivable including retainage, net

    $ 115,679      $ 120,984  
  

 

 

     

 

 

  

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