NOTE 5 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)

9 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Information relating to uncompleted contracts

Information relating to uncompleted contracts is as follows:

(Amounts and shares in thousands, except per share amounts) (UNAUDITED)

	March 31, 2017		June 30, 2016
Costs incurred on uncompleted contracts	$	1,031	$	894
Estimated earnings		999		491
Subtotal		2,030		1,385
Less: Billings to date		1,406		1,592
Total Costs and estimated earnings in excess of billings on uncompleted contracts	$	624	$	(207	)

Included in the accompanying condensed consolidated balance sheets

Included in the accompanying condensed consolidated balance sheets under the following captions:

(Amounts and shares in thousands, except per share amounts) (UNAUDITED)

	March 31, 2017		June 30, 2016
Costs and estimated earnings in excess of billings on uncompleted contracts	$	649	$	—
Less: Billings in excess of costs and estimated earnings on uncompleted contracts		25		207
Total Costs and estimated earnings in excess of billings on uncompleted contracts	$	624		(207	)