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Note 1 - Business and Significant Accounting Policies - Contract Assets (Liabilities) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Contract assets (*) [1] $ 38,365 $ 42,130
Contract liabilities (*) [1] (2,755) (18,402)
Contract assets, net 35,610 23,728
Recognition of contract liabilities as revenue as a result of performance obligations satisfied 12,675 33,349
Cash received in advance for which revenues have not yet recognized, net of expenditures made (3,323) (38,162)
Reduction of contract assets as a result of rights to consideration becoming unconditional (130,918) (128,659)
Contract assets recognized, net of recognized receivables 133,448 136,496
Net change in contract assets and contract liabilities 2,530 7,837
Net change in contract assets and contract liabilities $ 9,352 $ (4,813)
[1] Contract assets and contract liabilities are presented as "Costs and estimated earnings in excess of billings on uncompleted contracts" and "Billings in excess of costs and estimated earnings on uncompleted contracts", respectively, on the consolidated balance sheets. The contract liabilities balance at the beginning of the year was fully recognized as product revenues during the years ended December 31, 2019 and 2018 as a result of performance obligations satisfied.