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Costs And Estimated Earnings On Uncompleted Contracts
 12 Months Ended
Dec. 31, 2016
Costs And Estimated Earnings On Uncompleted Contracts [Abstract]  
Costs And Estimated Earnings On Uncompleted Contracts

9.COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS

Costs and estimated earnings on uncompleted contracts consist of the following:





 

 

 

 

 

 



 

 

 

 

 

 



 

As of

 

As of



 

December 31, 2016

 

December 31, 2015



 

 

 

 

 

 



 

(in thousands)

Costs incurred on uncompleted contracts

 

$

 34,577 

 

$

 78,849 

Estimated earnings

 

 

 11,185 

 

 

 29,333 

Billings to date

 

 

 (36,027)

 

 

 (95,055)



 

$

 9,735 

 

$

 13,127 



These amounts are included in the accompanying Consolidated Balance Sheets under the following captions:





 

 

 

 

 

 



 

 

 

 

 

 



 

As of

 

As of



 

December 31, 2016

 

December 31, 2015



 

 

 

 

 

 



 

(in thousands)

Costs and estimated earnings in excess of billings on uncompleted contracts

 

$

 11,127 

 

$

 16,934 

Billings in excess of costs and estimated earnings on

 

 

 

 

 

 

uncompleted contracts (included in Other current liabilities)

 

 

 (1,392)

 

 

 (3,807)



 

$

 9,735 

 

$

 13,127 



At December 31, 2016 and 2015,  eight significant customers comprised 81.6% and 95.9%,  respectively, of the costs and estimated earnings in excess of billings on uncompleted contracts, net of billings in excess of costs and estimated earnings.