COSTS AND ESTIMATED PROFITS ON UNCOMPLETED CONTRACTS (Tables)

9 Months Ended

Sep. 30, 2020

Contractors [Abstract]

Schedule of Costs and Estimated Earnings on Uncompleted Contracts Included in Condensed Consolidated Balance Sheets

Costs and estimated profits on uncompleted contracts and related amounts billed were as follows (in thousands):

	September 30, 2020		December 31, 2019
Costs incurred on uncompleted contracts	$	52,500	$	51,017
Estimated profits, thereon	10,107		10,771
Total	62,607		61,788
Less: billings to date	45,233		41,223
Net	$	17,374	$	20,565

Such amounts were included in the accompanying condensed Consolidated Balance Sheets for September 30, 2020 and December 31, 2019 under the following captions (in thousands):

	September 30, 2020		December 31, 2019
Costs and estimated profits in excess of billings	$	21,544	$	32,455
Billings in excess of costs and estimated profits	(4,168)		(11,871)
Translation adjustment	(2)		(19)
Net	$	17,374	$	20,565