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Accounts Receivable
3 Months Ended
Oct. 31, 2011
Accounts Receivable, Net [Abstract]  
Accounts Receivable

(7)             Accounts Receivable

 

                Accounts receivable consists of the following:

 

October 31, 2011

 

July 31, 2011

Billed receivables from commercial customers

$     44,055,000

 

     38,245,000

Billed receivables from the U.S. government and its agencies

       22,148,000

 

     22,075,000

Unbilled receivables on contracts-in-progress

         9,440,000

 

     11,701,000

Total accounts receivable

       75,643,000

 

     72,021,000

Less allowance for doubtful accounts

         1,171,000

 

       1,220,000

                Accounts receivable, net

$     74,472,000

 

     70,801,000

Unbilled receivables on contracts-in-progress include $2,948,000 and $4,487,000 at October 31, 2011 and July 31, 2011, respectively, due from the U.S. government and its agencies. There was $28,000 of retainage included in unbilled receivables at both October 31, 2011 and July 31, 2011. In the opinion of management, substantially all of the unbilled balances will be billed and collected within one year.