Costs and Estimated Earnings in Excess of Billings

Costs and estimated earnings in excess of billings ("CIEB") includes revenue for services from contracts based both on the units-of-delivery and the cost-to-cost measures of the percentage of completion method. Contracts in progress are as follows:



	October 25, 2014			July 26, 2014
	(Dollars in thousands)
Costs incurred on contracts in progress	$	232,709		$	234,766
Estimated to date earnings	61,859			57,335
Total costs and estimated earnings	294,568			292,101
Less: billings to date	(51,644		)	(75,414		)
	$	242,924		$	216,687
Included in the accompanying condensed consolidated balance sheets under the captions:
Costs and estimated earnings in excess of billings	$	256,951		$	230,569
Billings in excess of costs and estimated earnings	(14,027		)	(13,882		)
	$	242,924		$	216,687

As of October 25, 2014, the Company expects that substantially all of its CIEB will be billed to customers and collected in the normal course of business within the next twelve months. Additionally, there were no material CIEB amounts representing claims or other similar items subject to uncertainty as of October 25, 2014 or July 26, 2014.