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Costs and Estimated Earnings on Uncompleted Contracts (Tables)
6 Months Ended
Jun. 30, 2017
Text Block [Abstract]  
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)

 

June 30,

2017

 

 

December 31,

2016

 

Costs incurred on uncompleted contracts

 

$

187,190

 

 

$

186,609

 

Estimated earnings

 

 

72,553

 

 

 

77,709

 

 

 

 

259,743

 

 

 

264,318

 

Less billings to date

 

 

(242,514

)

 

 

(261,280

)

 

 

$

17,229

 

 

$

3,038

 

Included in the accompanying condensed consolidated

   balance sheets under the following captions:

 

 

 

 

 

 

 

 

Costs and estimated earnings in excess of billings

   on uncompleted contracts

 

$

40,774

 

 

$

38,123

 

Billings in excess of costs and estimated

   earnings on uncompleted contracts

 

 

23,545

 

 

 

35,085

 

 

 

$

17,229

 

 

$

3,038