Annual report pursuant to Section 13 and 15(d)

REVENUE (Tables)

v3.19.1
REVENUE (Tables)
12 Months Ended
Dec. 31, 2018
REVENUE  
Schedule of disaggregation of revenue

 

 

 

 

 

 

 

(in thousands)

 

Year Ended December 31, 2018

 

Year Ended December 31, 2017

Cost-plus reimbursement contracts

 

$

158,278

 

$

136,541

Fixed-price contracts

 

 

30,639

 

 

50,441

Total

 

$

188,918

 

$

186,982

 

Costs and estimated earnings in excess of billings or billings in excess of costs and estimated earnings

 

 

 

 

 

 

 

 

 

December 31,

(in thousands)

 

2018

  

2017 (1)

Costs incurred on uncompleted contracts

 

$

160,368

 

$

164,076

Earnings recognized on uncompleted contracts

 

 

28,581

 

 

17,304

Total

 

 

188,949

 

 

181,380

Less—billings to date

 

 

(184,009)

 

 

(176,942)

Net

 

$

4,940

 

$

4,438

Contract assets

 

$

8,218

 

$

11,487

Contract liabilities

 

 

(3,278)

 

 

(7,049)

Net

 

$

4,940

 

$

4,438

 

Schedule of transaction price allocated to the remaining performance obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

2019

 

2020

 

Thereafter

 

Total

Remaining performance obligations

 

$

173,346

 

$

124,425

 

$

203,833

 

$

501,604