Annual report pursuant to Section 13 and 15(d)

CONTRACTS RECEIVABLE (Tables)

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CONTRACTS RECEIVABLE (Tables)
12 Months Ended
Dec. 31, 2012
Amounts Due on Contracts

Amounts due on contracts as of December 31 were as follows (in thousands):

 

     2012      2011  

Completed contracts

     

Current receivables

   $ 3,320       $ 11,521   

Long term receivables due after one year

     —           625   

Contracts in progress:

     

Current receivables

     71,723         60,977   

Retainage due within one year

     1,298         4,313   
  

 

 

    

 

 

 
     76,341         77,436   

Less allowance for doubtful accounts

     14,508         24   
  

 

 

    

 

 

 
   $ 61,833       $ 77,412