Quarterly report pursuant to Section 13 or 15(d)

Contracts Receivable Including Retainage, net

v3.20.4
Contracts Receivable Including Retainage, net
 3 Months Ended
Dec. 31, 2020
Contractors [Abstract]  
Contracts Receivable Including Retainage, net Contracts Receivable Including Retainage, net
Contracts receivable including retainage, net consisted of the following at December 31, 2020 and September 30, 2020 (in thousands):
December 31, 2020 September 30, 2020
(unaudited)
Contracts receivable $ 92,022  $ 112,197 
Retainage 22,633  21,013 
114,655  133,210 
Allowance for doubtful accounts (1,598) (1,440)
Contracts receivable including retainage, net $ 113,057  $ 131,770 
Retainage receivables have been billed, but are not due until contract completion and acceptance by the customer.