Accounts Receivable

9 Months Ended

Apr. 23, 2016

Accounts receivable consisted of the following:



	April 23, 2016			July 25, 2015
	(Dollars in thousands)
Contract billings	$	327,106		$	292,029
Retainage	30,391			24,321
Total	357,497			316,350
Less: allowance for doubtful accounts	(2,179		)	(1,216		)
Accounts receivable, net	$	355,318		$	315,134

The Company grants credit under normal payment terms, generally without collateral, to its customers. The Company expects to collect the outstanding balance of accounts receivable, net (including retainage) within the next twelve months. The increase in retainage during fiscal 2016 resulted primarily from the increase in work performed on certain ongoing contracts with standard retainage provisions. The Company maintains an allowance for doubtful accounts for estimated losses on uncollected balances. During the three and nine months ended April 23, 2016 and April 25, 2015, write-offs to the allowance for doubtful accounts, net of recoveries, were not material. As of April 23, 2016, there were no material accounts receivable amounts representing claims or other similar items subject to uncertainty.