XML 62 R41.htm IDEA: XBRL DOCUMENT v3.25.0.1
Contract Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]  
Contract Assets and Liabilities
The components of the contract asset balances as of the respective dates were as follows:
(in thousands)December 31, 2024December 31, 2023
Costs in excess of billings and estimated earnings$139,436 $100,106 
Contract retention188,917 162,881 
Total contract assets$328,353 $262,987 
The components of the contract liability balances as of the respective dates were as follows:
(in thousands)December 31, 2024December 31, 2023
Billings in excess of costs and estimated earnings$288,495 $227,913 
Provisions for losses11,176 15,935 
Total contract liabilities$299,671 $243,848