Accounts Receivable

3 Months Ended

Oct. 28, 2017

Accounts receivable consisted of the following (dollars in thousands):



	October 28, 2017			July 29, 2017
Contract billings	$	326,666		$	348,990
Retainage	22,056			21,645
Total	348,722			370,635
Less: allowance for doubtful accounts	(995		)	(835		)
Accounts receivable, net	$	347,727		$	369,800

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 Company maintains an allowance for doubtful accounts for estimated losses on uncollected balances. During the three months ended October 28, 2017 and October 29, 2016, write-offs to the allowance for doubtful accounts, net of recoveries, were not material. There were no material accounts receivable amounts representing claims or other similar items subject to uncertainty as of October 28, 2017 or July 29, 2017.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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