Costs, Estimated Earnings and Billings on Uncompleted Contracts

9 Months Ended

Oct. 31, 2014

Contractors [Abstract]

Costs, Estimated Earnings and Billings on Uncompleted Contracts

NOTE 6 – 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 October 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.

	October 31, 2014			January 31, 2014
Costs incurred on uncompleted contracts	$	385,154,000		$	162,137,000
Estimated accrued earnings		73,899,000			21,961,000
		459,053,000			184,098,000
Less – Billings to date		614,898,000			318,307,000
	$	(155,845,000	)	$	(134,209,000	)
Costs and estimated earnings in excess of billings	$	314,000		$	527,000
Billings in excess of costs and estimated earnings		156,159,000			134,736,000
	$	(155,845,000	)	$	(134,209,000	)