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10-K Uncompleted Contracts (Tables)
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Contract balances
Costs, estimated earnings, and billings on uncompleted contracts at December 31 are summarized as follows:
20222021
(In thousands)
Costs incurred on uncompleted contracts
$1,217,480 $1,190,922 
Estimated earnings
153,317 158,836 
1,370,797 1,349,758 
Less billings to date
(1,379,495)(1,360,101)
Net contract liability
$(8,698)$(10,343)
Such amounts are included in the accompanying Consolidated Balance Sheets at December 31 under the following captions:
20222021ChangeLocation on Consolidated Balance Sheet
(In thousands)
Contract assets$31,145 $22,005 $9,140 Costs and estimated earnings in excess of billings on uncompleted contracts
Contract liabilities(39,843)(32,348)(7,495)Billings in excess of costs and estimated earnings on uncompleted contracts
Net contract liabilities$(8,698)$(10,343)$1,645 
20212020ChangeLocation on Consolidated Balance Sheet
(In thousands)
Contract assets$22,005 $20,659 $1,346 Costs and estimated earnings in excess of billings on uncompleted contracts
Contract liabilities(32,348)(34,115)1,767 Billings in excess of costs and estimated earnings on uncompleted contracts
Net contract liabilities$(10,343)$(13,456)$3,113 
The changes in contract assets and liabilities were as follows:
June 30, 2023December 31, 2022ChangeLocation on Consolidated Balance Sheets
(In thousands)
Contract assets$58,020 $31,145 $26,875 Costs and estimated earnings in excess of billings on uncompleted contracts
Contract liabilities(44,590)(39,843)(4,747)Billings in excess of costs and estimated earnings on uncompleted contracts
Net contract assets (liabilities)$13,430 $(8,698)$22,128