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Costs And Estimated Earnings In Excess Of Billings
3 Months Ended
Dec. 31, 2011
Costs And Estimated Earnings In Excess Of Billings [Abstract]  
Costs And Estimated Earnings In Excess Of Billings

Note 4—Costs and Estimated Earnings in Excess of Billings

Costs and estimated earnings in excess of billings on uncompleted contracts as of December 31, 2011 and September 30, 2011 consist of the following:

 

     December 31, 2011      September 30, 2011  

Costs incurred on uncompleted contracts

   $ 6,946,000       $ 7,039,000   

Estimated earnings

     2,259,000         2,059,000   
  

 

 

    

 

 

 
     9,205,000         9,098,000   

Billings to date

     7,129,000         4,648,000   
  

 

 

    

 

 

 

Costs and estimated earnings in excess of billings

   $ 2,076,000       $ 4,450,000