Contract Assets and Contract Liabilities (Tables)

6 Months Ended

Jun. 29, 2019

Contractors [Abstract]

Schedule of Costs Estimated Earnings and Billings on Uncompleted Contracts

Costs, estimated earnings and billings on uncompleted contracts consisted of the following at June 29, 2019 and December 29, 2018:

	June 29, 2019			December 29, 2018
	(dollars in thousands)
Costs incurred on uncompleted contracts	$	18,912		$	34,800
Estimated earnings on uncompleted contracts		4,544			6,921
Earned revenues		23,456			41,721
Less: billings to date		23,916			39,150
Net costs and estimated earnings in excess of billings (billings in excess of costs) on uncompleted contracts	$	(460	)	$	2,571
Contract assets	$	2,190		$	3,175
Contract liabilities		(2,650	)		(604	)
Net contract assets (liabilities)	$	(460	)	$	2,571