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CONTRACT ASSETS AND LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2024
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):

 June 30, 2024December 31, 2023
Costs incurred on uncompleted contracts$95,844 $92,363 
Estimated profits, thereon47,723 37,379 
Total costs and estimated profits on uncompleted contracts143,567 129,742 
Less: billings to date119,118 96,928 
Net$24,449 $32,814 

Such amounts were included in the accompanying unaudited condensed consolidated balance sheets for June 30, 2024 and December 31, 2023 under the following captions (in thousands):

 June 30, 2024December 31, 2023
Costs and estimated profits in excess of billings$36,741 $42,323 
Billings in excess of costs and estimated profits(12,080)(9,506)
Translation adjustment(212)(3)
Net$24,449 $32,814