Contracts in Process

9 Months Ended

Sep. 30, 2018

Contractors [Abstract]

Long-term Contracts or Programs Disclosure [Text Block]

5. Contracts in Process

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

	September 30,		December 31,
(In thousands)	2018		2017
Costs and estimated earnings on uncompleted contracts	$	2,437,192	$	1,978,981
Less: Billings to date		2,359,321		1,929,640
	$	77,871	$	49,341

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

	September 30,			December 31,
(In thousands)	2018			2017
Costs and estimated earnings in excess of billings on uncompleted contracts	$	124,057		$	78,260
Billings in excess of costs and estimated earnings on uncompleted contracts		(46,186	)		(28,919	)
	$	77,871		$	49,341