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COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables) | 3 Months Ended
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Mar. 31, 2015
COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS [Abstract] |
Schedule of Costs and Estimated Earnings on Uncompleted Contracts | Costs and estimated earnings on uncompleted contracts and related amounts billed were as follows (in thousands):
| March 31, 2015 |  | December 31, 2014
Costs incurred on uncompleted contracts | 44,412 |  | 49,133
Estimated earnings, thereon | 15,037 |  | 16,749
Total | 59,449 |  | 65,882
Less: billings to date | 43,247 |  | 54,701
Net | 16,202 |  | 11,181
Schedule of Costs and Estimated Earnings on Uncompleted Contracts Included in Balance Sheet | Such amounts were included in the accompanying consolidated balance sheets for 2015 and 2014 under the following captions (in thousands):
| March 31, 2015 |  | December 31, 2014
Costs and estimated earnings in excess of billings on uncompleted contracts | $ 23,253 |  | $ 20,083
Billings in excess of costs and estimated earnings on uncompleted contracts | (7,075) |  | (8,840)
Translation Adjustment | 24 |  | (62)
Net | $ 16,202 |  | $ 11,181

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- Definition Tabular disclosure of costs and estimated earnings on uncompleted contracts accompanying in balance sheet. + References No definition available. + Details
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