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Contract Assets and Liabilities (Tables)
6 Months Ended
Jun. 30, 2024
Table Text Block [Abstract]  
Summary of Contract Assets and Liabilities

Contract assets and liabilities as of June 30, 2024 and December 31, 2023 consisted of the following:

(in thousands)

 

June 30, 2024

 

 

December 31, 2023

 

Costs and estimated earnings in excess of billings on uncompleted contracts

 

$

55,378

 

 

$

66,574

 

Billings in excess of costs and estimated earnings on uncompleted contracts

 

 

59,851

 

 

 

56,899