Costs and Estimated Earnings in Excess of Billings

Costs and estimated earnings in excess of billings (“CIEB”) includes revenue for services performed under contracts using the units-of-delivery method of accounting and the cost-to-cost measure of the percentage of completion method of accounting. Amounts consisted of the following (dollars in thousands):



	July 30, 2016			July 25, 2015
Costs incurred on contracts in progress	$	307,826		$	240,077
Estimated to date earnings	92,226			72,446
Total costs and estimated earnings	400,052			312,523
Less: billings to date	(42,637		)	(54,689		)
	$	357,415		$	257,834
Included in the accompanying consolidated balance sheets under the captions:
Costs and estimated earnings in excess of billings	$	376,972		$	274,730
Billings in excess of costs and estimated earnings	(19,557		)	(16,896		)
	$	357,415		$	257,834

As of July 30, 2016, 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 July 30, 2016 or July 25, 2015.