BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2011

Contracts Receivables

A summary of contract receivables is as follows:

	June 30, 2011			December 31, 2010
	(Unaudited)
	(In thousands)
Contract receivables:
Contracts in progress	$	227,816		$	191,216
Completed contracts		121,787			85,587
Retainages		38,286			63,558
Unbilled		250			12,697
Less allowances		(30,897	)		(29,561	)
Accounts receivable—trade, net	$	357,242		$	323,497

Retainages on Contracts

The following amounts represent retainages on contracts:

	June 30, 2011		December 31, 2010
	(Unaudited)
	(In thousands)
Retainages expected to be collected within one year	$	38,286	$	63,558
Retainages expected to be collected after one year		95,305		83,143
Total retainages	$	133,591	$	146,701

Components of Accumulated Other Comprehensive Loss Included in Stockholders' Equity

The components of accumulated other comprehensive loss included in stockholders’ equity are as follows:

	June 30, 2011			December 31, 2010
	(Unaudited)
	(In thousands)
Foreign currency translation adjustments	$	(2,857	)	$	(6,888	)
Net loss on investments		(3,674	)		(4,330	)
Net gain (loss) on derivative financial instruments		8,867			(855	)
Unrecognized losses on benefit obligations		(131,705	)		(151,644	)
Accumulated other comprehensive loss	$	(129,369	)	$	(163,717	)