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CONTRACTS (Tables)
3 Months Ended
Mar. 26, 2022
CONTRACT ASSETS AND CONTRACT LIABILITIES  
Costs, Estimated Earnings And Billings On Uncompleted Contracts

 

 

March 26, 2022

 

 

December 25, 2021

 

Costs incurred on uncompleted contracts

 

$40,464

 

 

$36,429

 

Estimated earnings on uncompleted contracts

 

 

4,847

 

 

 

4,866

 

Earned revenues

 

 

45,311

 

 

 

41,295

 

Less: billings to date

 

 

43,781

 

 

 

39,172

 

Net costs and estimated earnings in excess of billings (billings in excess of costs) on uncompleted contracts

 

$1,530

 

 

$2,123

 

 

 

 

 

 

 

 

 

 

Contract assets

 

$3,161

 

 

$4,177

 

Contract liabilities

 

 

(1,631 )

 

 

(2,054 )

Net contract assets

 

$1,530

 

 

$2,123