CONTRACT ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2022

Contractors [Abstract]

Schedule of Costs and Estimated Profits 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):

	March 31, 2022		December 31, 2021
Costs incurred on uncompleted contracts	$	54,888	$	41,329
Estimated profits, thereon	21,594		17,143
Total	76,482		58,472
Less: billings to date	61,315		44,859
Net	$	15,167	$	13,613

Such amounts were included in the accompanying unaudited condensed consolidated balance sheets for March 31, 2022 and December 31, 2021 under the following captions (in thousands):

	March 31, 2022		December 31, 2021
Costs and estimated profits in excess of billings	$	20,504	$	17,193
Billings in excess of costs and estimated profits	(5,328)		(3,581)
Translation adjustment	(9)		1
Net	$	15,167	$	13,613