Contracts in Process

6 Months Ended

Jun. 30, 2015

Contractors [Abstract]

Long-term Contracts or Programs Disclosure [Text Block]

4. Contracts in Process

The net asset position for contracts in process consisted of the following:

	June 30,		December 31,
(In thousands)	2015		2014
Costs and estimated earnings on uncompleted contracts	$	1,995,598	$	1,746,507
Less: Billings to date		1,954,019		1,740,019
	$	41,579	$	6,488

The net asset position for contracts in process included in the accompanying consolidated balance sheets was as follows:

	June 30,		December 31,
(In thousands)	2015		2014
Costs and estimated earnings in excess of billings on uncompleted contracts	$	77,709	$	44,609
Billings in excess of costs and estimated earnings on uncompleted contracts		(36,130)		(38,121)
	$	41,579	$	6,488