Annual report pursuant to Section 13 and 15(d)

Costs and Estimated Earnings on Uncompleted Contracts

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Costs and Estimated Earnings on Uncompleted Contracts
12 Months Ended
Dec. 31, 2017
Contractors [Abstract]  
Costs and Estimated Earnings on Uncompleted Contracts

Note 16. COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS

 

Costs and estimated earnings in excess of billings on uncompleted contracts are as follows:

 

    December 31,  
    2017     2016  
          (Predecessor)  
Costs incurred on uncompleted contracts     147,117     $ 59,902  
Estimated earnings     46,277       21,346  
      193,394       81,248  
Billings to date     (212,472 )     (76,531 )
      (19,078 )   $ (4,717 )
Included in the accompanying balance sheets:                
Costs and estimated earnings in excess of billings     11,226       9,759  
Billings in excess of costs and estimated earnings     (30,304 )     (5,043 )
Total     (19,078 )   $ 4,716