Costs and Estimated Earnings on Uncompleted Contracts (Tables)

3 Months Ended

Mar. 31, 2015

Costs and Estimated Earnings on Uncompleted Contracts

Our contracts have various lengths to completion ranging from a few days to several months. We anticipate that a majority of our current contracts will be completed within the next twelve months.


(Table only in thousands)	March 31, 2015			December 31, 2014
Costs incurred on uncompleted contracts	$	103,990		$	97,979
Estimated earnings		31,278			28,328

		135,268			126,307
Less billings to date		(118,312	)		(116,533	)

	$	16,956		$	9,774

Included in the accompanying condensed consolidated balance sheets under the following captions:
Costs and estimated earnings in excess of billings on uncompleted contracts	$	31,985		$	24,371
Billings in excess of costs and estimated earnings on uncompleted contracts		(15,029	)		(14,597	)

	$	16,956		$	9,774