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Costs, Estimated Earnings, and Related Billings on Uncompleted Contracts
12 Months Ended
Dec. 31, 2014
Contractors [Abstract]  
Costs, Estimated Earnings, and Related Billings on Uncompleted Contracts

(4)

Costs, Estimated Earnings, and Related Billings on Uncompleted Contracts

Contracts in progress at December 31, 2014 and 2013 consisted of the following:

 

 

2014

 

 

2013

 

 

(in thousands)

 

Costs incurred on uncompleted contracts

$

7,279

 

 

$

7,271

 

Estimated earnings

 

5,208

 

 

 

2,172

 

 

 

12,487

 

 

 

9,443

 

Billings on uncompleted contracts

 

(11,481

)

 

 

(7,152

)

 

$

1,006

 

 

$

2,291

 

Costs, estimated earnings, and related billing on uncompleted contracts consisted of the following at December 31, 2014 and 2013:

 

 

2014

 

 

2013

 

 

(in thousands)

 

Cost and estimated earnings in excess of billings on uncompleted contracts

$

2,989

 

 

$

5,312

 

Billings in excess of costs and estimated earnings on uncompleted contracts

 

(1,983

)

 

 

(3,021

)

 

$

1,006

 

 

$

2,291