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Contracts Receivable Including Retainage, Net
3 Months Ended
Dec. 31, 2024
Contractors [Abstract]  
Contracts Receivable Including Retainage, Net Contracts Receivable Including Retainage, Net
Contracts receivable including retainage, net consisted of the following at December 31, 2024 and September 30, 2024 (in thousands):
December 31, 2024September 30, 2024
(unaudited)
Contracts receivable$313,590 $299,156 
Retainage receivable71,650 52,728 
385,240 351,884 
Allowance for credit losses(1,164)(1,073)
Contracts receivable including retainage, net$384,076 $350,811 
Retainage receivables are amounts earned by the Company but held by customers until contracts are near completion or fully completed.