Quarterly report pursuant to Section 13 or 15(d)

Contract Assets and Liabilities

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Contract Assets and Liabilities
 3 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Contract Assets and Liabilities Contract Assets and Liabilities
Costs and estimated earnings compared to billings on uncompleted contracts at December 31, 2023 and September 30, 2023 consisted of the following (in thousands):
December 31, 2023 September 30, 2023
(unaudited)
Costs on uncompleted contracts $ 1,731,342  $ 1,831,106 
Estimated earnings to date on uncompleted contracts 174,694  194,760 
1,906,036  2,025,866 
Billings to date on uncompleted contracts (1,964,246) (2,077,475)
Net billings in excess of costs and estimated earnings on uncompleted contracts $ (58,210) $ (51,609)
Significant changes to balances of costs and estimated earnings in excess of billings (contract asset) and billings in excess of costs and estimated earnings (contract liability) on uncompleted contracts from September 30, 2022 to December 31, 2022 and September 30, 2023 to December 31, 2023 are presented below (in thousands):
Costs and Estimated Earnings in Excess of Billings on
 Uncompleted Contracts		 Billings in Excess of Costs and Estimated Earnings on
 Uncompleted Contracts		 Net Billings in Excess of Costs and Estimated Earnings on Uncompleted Contracts
September 30, 2022 $ 29,271  $ (52,477) $ (23,206)
Changes in revenue billed, contract price or cost estimates $ 3,124  $ (4,670) $ (1,546)
December 31, 2022 (unaudited) $ 32,395  $ (57,147) $ (24,752)
September 30, 2023 $ 27,296  $ (78,905) $ (51,609)
Changes in revenue billed, contract price or cost estimates $ 3,143  $ (9,744) $ (6,601)
December 31, 2023 (unaudited) $ 30,439  $ (88,649) $ (58,210)
At December 31, 2023, the Company had unsatisfied or partially unsatisfied performance obligations under construction project contracts representing approximately $1.29 billion in aggregate transaction price. The Company expects to earn revenue as it satisfies its performance obligations under such contracts in the amount of approximately $874.7 million during the remainder of the fiscal year ending September 30, 2024 and $411.5 million thereafter.