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Costs, Estimated Earnings, and Related Billings on Uncompleted Contracts (Tables)
 12 Months Ended
Dec. 31, 2013
Contracts in Progress

Contracts in progress at December 31, 2013 and 2012 consisted of the following:

 

 

2013

 

 

2012

 

 

(in thousands)

 

Costs incurred on uncompleted contracts

$

7,271

 

 

$

7,743

 

Estimated earnings

 

2,172

 

 

 

2,247

 

 

 

9,443

 

 

 

9,990

 

Billings on uncompleted contracts

 

(7,152

)

 

 

(11,361

)

 

$

2,291

 

 

$

(1,371

)

 
Schedule of Costs, Estimated Earnings, and Related Billing on Uncompleted Contracts

Costs, estimated earnings, and related billing on uncompleted contracts consisted of the following at December 31, 2013 and 2012:

 

 

2013

 

 

2012

 

 

(in thousands)

 

Cost and estimated earnings in excess of billings on uncompleted contracts

$

5,312

 

 

$

2,205

 

Billings in excess of costs and estimated earnings on uncompleted contracts

 

(3,021

)

 

 

(3,576

)

 

$

2,291

 

 

$

(1,371

)