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Costs and Estimated Earnings on Uncompleted Contracts (Tables)

3 Months Ended

Mar. 31, 2013

Costs and Estimated Earnings on Uncompleted Contracts [Abstract]

Costs and estimated earnings on uncompleted contracts

Our contracts have various lengths to completion ranging from a few days to several months. We anticipate that a majority of our current contracts will be completed by year end.

(dollars in thousands)		March 31, 2013				December 31, 2012
Costs incurred on uncompleted contracts		$	59,557			$	51,035
Estimated earnings			19,063				16,644
			78,620				67,679
Less billings to date			(78,658	)			(73,300	)
		$	(38	)		$	(5,621	)
Included in the accompanying condensed consolidated balance sheets under the following captions:
Costs and estimated earnings in excess on uncompleted contracts		$	12,372			$	5,747
Billings in excess of costs and estimated earnings on uncompleted contracts			(12,410	)			(11,368	)
		$	(38	)		$	(5,621	)

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Costs and estimated earnings on uncompleted contracts.

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