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Costs and Estimated Earnings on Uncompleted Contracts (Tables)
3 Months Ended
Mar. 31, 2016
Text Block [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 within the next twelve months.

 

(Table only in thousands)

 

March 31,

2016

 

 

December 31,

2015

 

Costs incurred on uncompleted contracts

 

$

178,217

 

 

$

178,356

 

Estimated earnings

 

 

62,064

 

 

 

64,957

 

 

 

 

240,281

 

 

 

243,313

 

Less billings to date

 

 

(224,160

)

 

 

(228,138

)

 

 

$

16,121

 

 

$

15,175

 

Included in the accompanying condensed consolidated

   balance sheets under the following captions:

 

 

 

 

 

 

 

 

Costs and estimated earnings in excess of billings

   on uncompleted contracts

 

$

44,156

 

 

$

43,175

 

Billings in excess of costs and estimated

   earnings on uncompleted contracts

 

 

28,035

 

 

 

28,000

 

 

 

$

16,121

 

 

$

15,175