NOTE 6 - CONTRACTS (Tables)

9 Months Ended

Sep. 29, 2012

Schedule of Costs and estimated earnings and billings on uncompleted contracts [Table Text Block]

Costs, estimated earnings and billings on uncompleted contracts consisted of the following at September 29, 2012 and December 31, 2011:

Description	September 29, 2012			December 31, 2011
	(amounts in thousands)
Costs incurred on uncompleted contracts	$	59,177		$	43,455
Estimated earnings on uncompleted contracts		8,982			5,591
Earned revenues		68,159			49,046
Less: billings to date		64,513			46,677
Net costs and estimated earnings in excess of billings on uncompleted contracts	$	3,646		$	2,369
Costs and estimated earnings in excess of billings on uncompleted contracts	$	7,632		$	6,790
Billings in excess of costs and estimated earnings on uncompleted contracts		(3,986	)		(4,421	)
Net costs and estimated earnings in excess of billings on uncompleted contracts	$	3,646		$	2,369