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 28, 2017			July 29, 2017
Costs incurred on contracts in progress	$	351,361		$	327,312
Estimated to date earnings	92,523			92,781
Total costs and estimated earnings	443,884			420,093
Less: billings to date	(43,966		)	(40,091		)
	$	399,918		$	380,002
Included in the accompanying condensed consolidated balance sheets under the captions:
Costs and estimated earnings in excess of billings	$	406,517		$	389,286
Billings in excess of costs and estimated earnings	(6,599		)	(9,284		)
	$	399,918		$	380,002

As of October 28, 2017, 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. There were no material CIEB amounts representing claims or other similar items subject to uncertainty as of October 28, 2017 or July 29, 2017.