COSTS AND ESTIMATED PROFITS ON UNCOMPLETED CONTRACTS (Tables)

12 Months Ended

Dec. 31, 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 for 2020 and 2019 were as follows (in thousands):

	December 31,
	2020		2019
Costs incurred on uncompleted contracts	$	36,969	$	51,017
Estimated profits, thereon	6,711		10,771
Total	$	43,680	$	61,788
Less: billings to date	29,315		41,223
Net	$	14,365	$	20,565

Such amounts were included in the accompanying Consolidated Balance Sheets for 2020 and 2019 under the following captions (in thousands):

	December 31,
	2020		2019
Costs and estimated profits in excess of billings	$	18,459	$	32,455
Billings in excess of costs and estimated profits	(4,061)		(11,871)
Translation Adjustment	(33)		(19)
Net	$	14,365	$	20,565