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Contracts in Process (Tables)
 12 Months Ended
Dec. 31, 2013
Contracts in Process  
Schedule of net asset (liability) position for contracts in process

 

 

(in thousands)
   2013   2012  

Costs and estimated earnings on uncompleted contracts

   $ 1,748,204   $ 1,439,455  

Less: Billings to date

     1,760,637     1,410,271  
           
​ ​ ​ ​ ​ ​ ​ ​

 

   $ (12,433 ) $ 29,184  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Schedule of net asset (liability) position for contracts in process included in consolidated balance sheet

 

 

(in thousands)
   2013   2012  

Costs and estimated earnings in excess of billings on uncompleted contracts

   $ 40,519   $ 61,773  

Billings in excess of costs and estimated earnings on uncompleted contracts

     (52,952 )   (32,589 )
           
​ ​ ​ ​ ​ ​ ​ ​

 

   $ (12,433 ) $ 29,184  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​