Contract Assets and Contract Liabilities (Tables)

6 Months Ended

Jun. 27, 2020

Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]

Costs, estimated earnings and billings on uncompleted contracts

	June 27, 2020			December 28, 2019
	(dollars in thousands)
Costs incurred on uncompleted contracts	$	28,666		$	23,846
Estimated earnings on uncompleted contracts		3,404			5,188
Earned revenues		32,070			29,034
Less: billings to date		29,281			30,610
Net costs and estimated earnings in excess of billings (billings in excess of costs) on uncompleted contracts	$	2,789		$	(1,576	)
Contract assets	$	5,118		$	3,862
Contract liabilities		(2,329	)		(5,438	)
Net contract assets	$	2,789		$	(1,576	)