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Contracts in Process (Tables)
 6 Months Ended
Jun. 30, 2013
Contracts in Process  
Schedule of net asset (liability) position for contracts in process

 

 

(In thousands)
  June 30,
2013		   December 31,
2012		  

Costs and estimated earnings on uncompleted contracts

   $ 1,580,917   $ 1,439,455  

Less: Billings to date

     1,593,069     1,410,271  
           

 

   $ (12,152 ) $ 29,184  
           

        
Schedule of net asset (liability) position for contracts in process included in consolidated balance sheet

 

 

(In thousands)
  June 30,
2013		   December 31,
2012		  

Costs and estimated earnings in excess of billings on uncompleted contracts

   $ 36,836   $ 61,773  

Billings in excess of costs and estimated earnings on uncompleted contracts

     (48,988 )   (32,589 )
           

 

   $ (12,152 ) $ 29,184