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Accounts Receivable
3 Months Ended
Oct. 29, 2016
Receivables [Abstract]  
Accounts Receivable
Accounts Receivable
 
Accounts receivable consisted of the following (dollars in thousands):
 
October 29, 2016
 
July 30, 2016
Contract billings
$
300,086

 
$
297,532

Retainage
31,289

 
32,101

Total
331,375

 
329,633

Less: allowance for doubtful accounts
(1,589
)
 
(1,603
)
Accounts receivable, net
$
329,786

 
$
328,030


 
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 29, 2016 and October 24, 2015, 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 29, 2016 or July 30, 2016.

The Company participates in a customer-sponsored vendor payment program. Under this program, accounts receivable are collected on an expedited basis pursuant to a non-recourse sale of the receivables to a bank partner of the customer. The program reduces the time required to collect that customer’s receivables. The Company incurs a discount fee associated with the collection of the accounts receivable that is reflected as an expense component in other income, net in the condensed consolidated statements of operations. For the three months ended October 29, 2016, the receivables sold under the program totaled $167.6 million. Cash collected from this arrangement is reflected within cash provided by operating activities in the condensed consolidated statement of cash flows for the three months ended October 29, 2016. The amount of receivables sold that have not been collected from the bank partner as of October 29, 2016 was not material.