Costs and Estimated Earnings in Excess of Billings

12 Months Ended

Jul. 27, 2013

Contractors [Abstract]

Costs and Estimated Earnings on Contracts in Excess of Billings

Costs and Estimated Earnings in Excess of Billings

Costs and estimated earnings in excess of billings, net, consists of the following:

	July 27, 2013			July 28, 2012
	(Dollars in thousands)
Costs incurred on contracts in progress	$	208,250		$	100,766
Estimated to date earnings	49,150			26,555
Total costs and estimated earnings	257,400			127,321
Less: billings to date	(66,839		)	(1,522		)
	$	190,561		$	125,799
Included in the accompanying consolidated balance sheets under the captions:
Costs and estimated earnings in excess of billings	$	204,349		$	127,321
Billings in excess of costs and estimated earnings	(13,788		)	(1,522		)
	$	190,561		$	125,799

The above amounts include revenue for services from contracts based both on the units-of-delivery and the cost-to-cost measures of the percentage of completion method. Additionally, the amounts above include the impact of amounts acquired on December 3, 2012 related to the Acquired Subsidiaries.