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Contracts in Process
9 Months Ended
Sep. 30, 2014
Contractors [Abstract]  
Long-term Contracts or Programs Disclosure [Text Block]
 3. Contracts in Process
 
The net asset (liability) position for contracts in process consisted of the following:
 
 
 
September 30,
 
December 31,
 
(In thousands)
 
2014
 
2013
 
Costs and estimated earnings on uncompleted contracts
 
$
1,887,112
 
$
1,748,204
 
Less: Billings to date
 
 
1,874,202
 
 
1,760,637
 
 
 
$
12,910
 
$
(12,433)
 
 
The net asset (liability) position for contracts in process included in the accompanying consolidated balance sheets was as follows:
 
 
 
September 30,
 
December 31,
 
(In thousands)
 
2014
 
2013
 
Costs and estimated earnings in excess of billings on uncompleted contracts
 
$
61,378
 
$
40,519
 
Billings in excess of costs and estimated earnings on uncompleted contracts
 
 
(48,468)
 
 
(52,952)
 
 
 
$
12,910
 
$
(12,433)