XML 101 R28.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Contract Assets and Liabilities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Contract Assets and Liabilities |
Schedule of contract assets and liabilities from contracts with customers | Contract assets consisted of the following at December 31:
(in thousands) |  | 2019 |  | 2018 |  | Change
Unbilled revenue |  | $ | 126,087 |  | $ | 111,153 |  | $ | 14,934
Contract retainages, net |  |  | 91,022 |  |  | 49,128 |  |  | 41,894
Contract assets |  | $ | 217,109 |  | $ | 160,281 |  | $ | 56,828
Contract liabilities consisted of the following at December 31:
(in thousands) |  | 2019 |  | 2018 |  | Change
Deferred revenue |  | $ | 102,673 |  | $ | 57,051 |  | $ | 45,622
Accrued loss provision |  |  | 2,813 |  |  | 1,483 |  |  | 1,330
Contract liabilities |  | $ | 105,486 |  | $ | 58,534 |  | $ | 46,952
The following table provides information about contract assets and contract liabilities from contracts with customers:
(in thousands) |  | 2019 |  | 2018 |  | Change
Contract assets |  | $ | 217,109 |  | $ | 160,281 |  | $ | 56,828
Contract liabilities |  |  | (105,486) |  |  | (58,534) |  |  | (46,952)
Net contract assets (liabilities) |  | $ | 111,623 |  | $ | 101,747 |  | $ | 9,876
Schedule of net asset position for contracts in process | The net asset position for contracts in process consisted of the following at December 31:
(in thousands) |  | 2019 |  | 2018
Costs and estimated earnings on uncompleted contracts |  | $ | 3,532,886 |  | $ | 2,718,713
Less: billings to date |  |  | 3,509,472 |  |  | 2,664,611
|  | $ | 23,414 |  | $ | 54,102
The net asset position for contracts in process is included within the contract asset and contract liability in the accompanying consolidated balance sheets as follows at December 31:
(in thousands) |  | 2019 |  | 2018
Unbilled revenue |  | $ | 126,087 |  | $ | 111,153
Deferred revenue |  |  | (102,673) |  |  | (57,051)
|  | $ | 23,414 |  | $ | 54,102

X
- Definition Tabular disclosure of contract balances and changes in contract balances. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ContractorsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for billings on uncompleted contracts in excess of costs and costs of uncompleted contracts in excess of billings. + References No definition available. + Details
Name: | us-gaap_CostsInExcessOfBillingsAndBillingsInExcessOfCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration