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):



	October 29, 2016			July 30, 2016
Costs incurred on contracts in progress	$	397,412		$	307,826
Estimated to date earnings	119,012			92,226
Total costs and estimated earnings	516,424			400,052
Less: billings to date	(42,735		)	(42,637		)
	$	473,689		$	357,415
Included in the accompanying condensed consolidated balance sheets under the captions:
Costs and estimated earnings in excess of billings	$	488,960		$	376,972
Billings in excess of costs and estimated earnings	(15,271		)	(19,557		)
	$	473,689		$	357,415

As of October 29, 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 October 29, 2016 or July 30, 2016.