REVENUE - Contract assets and the contract liabilities (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
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Jun. 30, 2022 |
Jun. 30, 2021 |
Jun. 30, 2022 |
Jun. 30, 2021 |
Dec. 31, 2021 |
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Changes in the contract assets and the contract liabilities | |||||
Costs incurred on uncompleted contracts | $ 53,778 | $ 82,218 | $ 117,628 | $ 136,971 | |
Earnings recognized on uncompleted contracts | 2,281 | 9,353 | 7,990 | 15,451 | |
Total | 56,059 | 91,571 | 125,618 | 152,422 | |
Less - billings to date | (44,865) | (80,589) | (114,424) | (141,440) | |
Net | 11,194 | 10,982 | 11,194 | 10,982 | |
Contract assets | 13,483 | 12,265 | 13,483 | 12,265 | $ 12,683 |
Contract liabilities | (2,289) | $ (1,283) | (2,289) | $ (1,283) | $ (3,412) |
Revenue recognized from contracts in progress liability balance at December 31, 2021 | $ 700 | $ 2,100 |
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- References No definition available.
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- Definition Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized that was previously included in balance of obligation to transfer good or service to customer for which consideration from customer has been received or is due. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The costs incurred and capitalized during the period on uncompleted contracts No definition available.
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- Definition The amount of earnings recognized during the period on uncompleted contracts. No definition available.
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- Definition Amount of billings issued to date against uncompleted contracts. No definition available.
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- Definition The gross amount of revenue earned on uncompleted contracts. No definition available.
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- Definition Amount of revenue earned on uncompleted contracts, net of billings issued. No definition available.
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