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Costs and Estimated Earnings in Excess of Billings
6 Months Ended
Jan. 27, 2018
Contractors [Abstract]  
Costs and Estimated Earnings in Excess of Billings
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):
 
January 27, 2018
 
July 29, 2017
 
July 30, 2016
Costs incurred on contracts in progress
$
333,775

 
$
327,312

 
$
307,826

Estimated to date earnings
72,720

 
92,781

 
92,226

Total costs and estimated earnings
406,495

 
420,093

 
400,052

Less: billings to date
(43,503
)
 
(40,091
)
 
(42,637
)
 
$
362,992

 
$
380,002

 
$
357,415

Included in the accompanying consolidated balance sheets under the captions:
 

 
 

 
 

 Costs and estimated earnings in excess of billings
$
369,472

 
$
389,286

 
$
376,972

 Billings in excess of costs and estimated earnings
(6,480
)
 
(9,284
)
 
(19,557
)
 
$
362,992

 
$
380,002

 
$
357,415



As of January 27, 2018, 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 January 27, 2018, July 29, 2017, or July 30, 2016.