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Contracts in Process
 12 Months Ended
Dec. 31, 2014
Contractors [Abstract]  
Long-term Contracts or Programs Disclosure [Text Block]

4. Contracts in Process

The net asset (liability) position for contracts in process consisted of the following at December 31:
 
 
(in thousands)
2014
2013
Costs and estimated earnings on uncompleted contracts
$
1,746,507
$
1,748,204
Less: Billings to date
1,740,019
1,760,637
$
6,488
$
(12,433
)
The net asset (liability) position for contracts in process is included in the accompanying consolidated balance sheets as follows at December 31:
 
 
(in thousands)
2014
2013
Costs and estimated earnings in excess of billings on uncompleted contracts
$
44,609
$
40,519
Billings in excess of costs and estimated earnings on uncompleted contracts
(38,121
)
(52,952
)
$
6,488
$
(12,433
)