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Costs, Estimated Earnings, and Related Billings on Uncompleted Contracts
12 Months Ended
Dec. 31, 2015
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, 2015 and 2014 consisted of the following:

 

 

2015

 

 

2014

 

 

(in thousands)

 

Costs incurred on uncompleted contracts

$

31,197

 

 

$

7,279

 

Estimated earnings

 

10,506  

 

 

 

5,208

 

 

 

41,703

 

 

 

12,487

 

Billings on uncompleted contracts

 

(41,030

)

 

 

(11,481

)

 

$

673

 

 

$

1,006

 

Costs, estimated earnings, and related billing on uncompleted contracts consisted of the following at December 31, 2015 and 2014:

 

2015

 

 

2014

 

 

(in thousands)

 

Cost and estimated earnings in excess of billings on uncompleted contracts

$

2,302

 

 

$

2,989

 

Billings in excess of costs and estimated earnings on uncompleted contracts

 

(1,629)

 

 

 

(1,983

)

 

$

673

 

 

$

1,006