Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.10.0.1
REVENUE (Tables)
6 Months Ended
Jun. 30, 2018
REVENUE  
Schedule of disaggregation of revenue

 

 

 

 

 

 

 

 

(in thousands)

 

Three Months Ended June 30, 2018

 

 

Six Months Ended June 30, 2018

Cost-plus reimbursement contracts

 

$

39,332

 

 

$

73,109

Fixed-price contracts

 

 

8,643

 

 

 

17,987

Total

 

$

47,975

 

 

$

91,096

 

Schedule of contract balances

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2018

 

December 31, 2017 (1)

(in thousands)

 

Asset

 

Liability

 

Asset

 

Liability

Costs and estimated earnings on contracts in progress

 

$

45,735

 

$

(1,886)

 

$

22,274

 

$

(422)

Billings on contracts in progress

 

 

(31,620)

 

 

(4,220)

 

 

(10,787)

 

 

(6,627)

Contracts in progress, net

 

$

14,115

 

$

(6,106)

 

$

11,487

 

$

(7,049)

 

(1)

Prior period amounts have not been adjusted for the adoption of ASC Topic 606 under the modified retrospective method.

Schedule of transaction price allocated to the remaining performance obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

2019

 

2020

 

Thereafter

Total

Fixed-price contracts

 

$

6,500

 

$

6,500

 

$

12,644

 

 

25,644