December 31, |
||||||
2013 |
2012 |
|||||
Costs incurred on uncompleted contracts |
$ |
195.5 |
$ |
35.0 | ||
Estimated earnings |
52.4 | 15.5 | ||||
247.9 | 50.5 | |||||
Less: billings to date |
(162.7) | (33.4) | ||||
$ |
85.2 |
$ |
17.1 | |||
Costs and estimated earnings in excess of billings |
$ |
98.1 |
$ |
17.1 | ||
Billings in excess of costs and estimated earnings |
(12.9) |
- |
||||
$ |
85.2 |
$ |
17.1 |