BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2012

Contracts Receivables

A summary of contract receivables is as follows:

	March 31, 2012			December 31, 2011
	(Unaudited)
	(In thousands)
Contract receivables:
Contracts in progress	$	298,174		$	371,223
Completed contracts		29,570			28,369
Retainages		86,219			65,248
Unbilled		5,300			5,650
Less allowances		(30,890	)		(24,682	)
Accounts receivable—trade, net	$	388,373		$	445,808

Retainages on Contracts

The following amounts represent retainages on contracts:

	March 31, 2012		December 31, 2011
	(Unaudited)
	(In thousands)
Retainages expected to be collected within one year	$	86,219	$	65,248
Retainages expected to be collected after one year		65,042		74,539
Total retainages	$	151,261	$	139,787

Accumulated Other Comprehensive Income (Loss) ("AOCI") Included in Stockholders' Equity

The components of accumulated other comprehensive income (loss) (“AOCI”) included in stockholders’ equity are as follows:

	March 31, 2012			December 31, 2011
	(Unaudited)
	(In thousands)
Foreign currency translation adjustments	$	(9,325	)	$	(12,438	)
Net loss on investments		(3,706	)		(4,403	)
Net gain (loss) on derivative financial instruments		(1,657	)		3,089
Unrecognized losses on benefit obligations		(85,233	)		(88,278	)
Accumulated other comprehensive loss	$	(99,921	)	$	(102,030	)