Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.19.1
REVENUE (Tables)
3 Months Ended
Mar. 31, 2019
REVENUE  
Schedule of disaggregation of revenue

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

(in thousands)

 

2019

 

2018

Cost-plus reimbursement contracts

 

$

43,503

 

$

33,777

Fixed-price contracts

 

 

7,149

 

 

9,344

Total

 

$

50,652

 

$

43,121

 

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

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

(in thousands)

 

2019

  

2018

Costs incurred on uncompleted contracts

 

$

43,403

 

$

36,675

Earnings recognized on uncompleted contracts

 

 

7,265

 

 

6,446

Total

 

 

50,668

 

 

43,121

Less—billings to date

 

 

(42,729)

 

 

(38,569)

Net

 

$

7,939

 

$

4,552

Contract assets

 

$

11,141

 

$

9,846

Contract liabilities

 

 

(3,202)

 

 

(5,294)

Net

 

$

7,939

 

$

4,552

 

Schedule of transaction price allocated to the remaining performance obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Remainder of 2019

 

2020

 

2021

 

Thereafter

 

Total

Remaining performance obligations

 

$

138,044

 

$

136,482

 

$

95,662

 

$

108,487

 

$

478,675