COSTS AND ESTIMATED PROFITS ON UNCOMPLETED CONTRACTS (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Costs and Estimated Earnings on Uncompleted Contracts Included in Condensed Consolidated Balance Sheets

Costs and estimated profits on uncompleted contracts and related amounts billed were as follows (in thousands):



	March 31, 2020		December 31, 2019
Costs incurred on uncompleted contracts	$	58,607	$	51,017
Estimated profits, thereon	11,409		10,771
Total	70,016		61,788
Less: billings to date	38,753		41,223
Net	$	31,263	$	20,565

Such amounts were included in the accompanying condensed Consolidated Balance Sheets for March 31, 2020 and December 31, 2019 under the following captions (in thousands):



	March 31, 2020			December 31, 2019
Costs and estimated profits in excess of billings	$	35,756		$	32,455
Billings in excess of costs and estimated profits	(4,535		)	(11,871		)
Translation adjustment	42			(19		)
Net	$	31,263		$	20,565