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Costs, Estimated Earnings, and Related Billings on Uncompleted Contracts
12 Months Ended
Dec. 31, 2016
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, 2016 and 2015 consisted of the following:

 

 

2016

 

 

2015

 

 

(in thousands)

 

Costs incurred on uncompleted contracts

$

26,340

 

 

$

31,197

 

Estimated earnings

 

1,193  

 

 

 

10,506  

 

 

 

27,533

 

 

 

41,703

 

Billings on uncompleted contracts

 

(21,912

)

 

 

(41,030

)

 

$

5,621

 

 

$

673

 

Costs, estimated earnings, and related billing on uncompleted contracts consisted of the following at December 31, 2016 and 2015:

 

2016

 

 

2015

 

 

(in thousands)

 

Cost and estimated earnings in excess of billings on uncompleted contracts

$

5,829

 

 

$

2,302

 

Billings in excess of costs and estimated earnings on uncompleted contracts

 

(208

)

 

 

(1,629

)

 

$

5,621

 

 

$

673