XML 44 R33.htm IDEA: XBRL DOCUMENT
v3.25.3

Contract Assets and Liabilities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Revenue from Contract with Customer [Abstract] |
Contract with Customer, Contract Asset, Contract Liability, and Receivable | Opening and closing balances of contract assets and contract liabilities are as follows:
| September 30, 2025 |  | December 31, 2024 |  |  |  |  |  |
| (in thousands) |  |  |
Contract assets | $ | 207,739 |  |  | $ | 135,820 |  |  |  |  |  |  |
Less: Allowance for credit losses | 599 |  |  | 399 |  |  |  |  |  |  |
Contract assets, net | 207,140 |  |  | 135,421 |  |  |  |  |  |  |
Contract liabilities | (19,974) |  |  | (14,913) |  |  |  |  |  |  |
Total, net | $ | 187,166 |  |  | $ | 120,508 |  |  |  |  |  |  |
Costs and estimated earnings on uncompleted contracts and related billings are as follows:
| September 30, 2025 |  | September 30, 2024
| (in thousands)
Costs incurred on uncompleted contracts | $ | 192,207 |  |  | $ | 132,844 |
Estimated earnings | 164,859 |  |  | 95,109 |
Total | 357,066 |  |  | 227,953 |
Less: Contract billings to date | 180,775 |  |  | 149,981 |
Less: Allowance for credit losses | 599 |  |  | — |
Plus: Completed contracts, unbilled | 11,474 |  |  | 757 |
Total, net | $ | 187,166 |  |  | $ | 78,729 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration