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Costs, Estimated Earnings and Billings on Uncompleted Contracts
6 Months Ended
Jul. 31, 2014
Contractors [Abstract]  
Costs, Estimated Earnings and Billings on Uncompleted Contracts

NOTE 5 - COSTS, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS

The tables below set forth the aggregate amounts of costs incurred and earnings accrued on uncompleted contracts compared with the billings for those contracts through July 31, 2014 and January 31, 2014, and reconcile the net amounts of billings in excess of costs and estimated earnings to the corresponding amounts included in the condensed consolidated balance sheets at those dates.

 

     July 31,     January 31,  
     2014     2014  

Costs incurred on uncompleted contracts

   $ 283,935,000      $ 162,137,000   

Estimated accrued earnings

     49,187,000        21,961,000   
  

 

 

   

 

 

 
     333,122,000        184,098,000   

Less - Billings to date

     (514,276,000     (318,307,000
  

 

 

   

 

 

 
   $ (181,154,000   $ (134,209,000
  

 

 

   

 

 

 

Costs and estimated earnings in excess of billings

   $ 430,000      $ 527,000   

Billings in excess of costs and estimated earnings

     (181,584,000     (134,736,000
  

 

 

   

 

 

 
   $ (181,154,000   $ (134,209,000