Note 4 - Costs and Estimated Earnings on Uncompleted Contracts
Comparative information with respect to uncompleted contracts as of December 31:
| 2013 | 2012 |
Total accumulated costs and estimated earnings on uncompleted contracts | $28,402 | $15,946 |
Less total billings on uncompleted contracts | (29,369) | (16,003) |
| $(967) | $(57) |
|
|
|
The above amounts are reported in the consolidated balance sheets as of December 31: |
|
|
| 2013 | 2012 |
Costs and estimated earnings in excess of billings on uncompleted contracts | $2,391 | $2,474 |
Billings in excess of costs and estimated earnings on uncompleted contracts | (3,358) | (2,531) |
| $(967) | $(57) |