Contracts in Process

3 Months Ended

Mar. 31, 2018

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:

	March 31,		December 31,
(In thousands)	2018		2017
Costs and estimated earnings on uncompleted contracts	$	1,967,248	$	1,978,981
Less: Billings to date		1,892,741		1,929,640
	$	74,507	$	49,341

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

	March 31,		December 31,
(In thousands)	2018		2017
Costs and estimated earnings in excess of billings on uncompleted contracts	$	93,206	$	78,260
Billings in excess of costs and estimated earnings on uncompleted contracts		(18,699)		(28,919)
	$	74,507	$	49,341