XML 38 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
Costs and Estimated Earnings on Uncompleted Contracts (Tables)
6 Months Ended
Jun. 30, 2016
Text Block [Abstract]  
Costs and Estimated Earnings on Uncompleted Contracts

Our contracts have various lengths to completion ranging from a few days to several months. We anticipate that a majority of our current contracts will be completed within the next twelve months.

 

(Table only in thousands)

 

June 30,

2016

 

 

December 31,

2015

 

Costs incurred on uncompleted contracts

 

$

186,130

 

 

$

178,356

 

Estimated earnings

 

 

68,495

 

 

 

64,957

 

 

 

 

254,625

 

 

 

243,313

 

Less billings to date

 

 

(252,960

)

 

 

(228,138

)

 

 

$

1,665

 

 

$

15,175

 

Included in the accompanying condensed consolidated

   balance sheets under the following captions:

 

 

 

 

 

 

 

 

Costs and estimated earnings in excess of billings

   on uncompleted contracts

 

$

40,770

 

 

$

43,175

 

Billings in excess of costs and estimated

   earnings on uncompleted contracts

 

 

39,105

 

 

 

28,000

 

 

 

$

1,665

 

 

$

15,175