2013 | 2012 | |||||||
(In thousands) | ||||||||
Costs incurred on uncompleted contracts | $ | 56,499 | $ | 51,573 | ||||
Estimated earnings | 27,275 | 33,784 | ||||||
83,774 | 85,357 | |||||||
Less billings to date | 72,666 | 72,307 | ||||||
$ | 11,108 | $ | 13,050 |
2013 | 2012 | |||||||
(In thousands) | ||||||||
Cost and estimated earnings in excess of billings on uncompleted contracts | $ | 12,878 | $ | 14,038 | ||||
Billings in excess of costs and estimated earnings on uncompleted contracts | (1,770 | ) | (988 | ) | ||||
$ | 11,108 | $ | 13,050 |