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Costs and Estimated Earnings on Uncompleted Contracts (Tables) | 9 Months Ended
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Sep. 30, 2016
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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) |  | September 30, 2016 |  |  | December 31, 2015 |
Costs incurred on uncompleted contracts |  | $ | 192,136 |  |  | $ | 178,356 |
Estimated earnings |  |  | 72,516 |  |  |  | 64,957 |
|  |  | 264,652 |  |  |  | 243,313 |
Less billings to date |  |  | (261,136 | ) |  |  | (228,138 | )
|  | $ | 3,516 |  |  | $ | 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 |  | $ | 38,370 |  |  | $ | 43,175 |
Billings in excess of costs and estimated earnings on uncompleted contracts |  |  | 34,854 |  |  |  | 28,000 |
|  | $ | 3,516 |  |  | $ | 15,175 |

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