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Costs and estimated earnings in excess of billings (Tables)
9 Months Ended
Sep. 30, 2014
Costs and estimated earnings in excess of billings [Abstract]  
Costs and estimated earnings in excess of billings

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

2014

 

2013

 

 

(in thousands)

Unbilled costs and profits incurred to date*

 

$

261,435 

 

$

204,276 

Unapproved change orders

 

 

137,985 

 

 

146,787 

Claims

 

 

320,757 

 

 

222,185 

 

 

$

720,177 

 

$

573,248 

 

 

 


*  Represents the excess of contract costs and profits recognized to date on the percentage of completion accounting method over the amount of contract billings to date on certain contracts.