Annual report pursuant to Section 13 and 15(d)

Contract Assets and Liabilities (Tables)

v3.19.3.a.u2
Contract Assets and Liabilities (Tables)
 12 Months Ended
Sep. 30, 2019
Contractors [Abstract]  
Costs and Estimated Earnings Compared to Billings on Uncompleted Contracts
Costs and estimated earnings compared to billings on uncompleted contracts at September 30, 2019 and 2018 consisted of the following (in thousands):
September 30,
2019 2018
Costs on uncompleted contracts $ 900,880    $ 743,322   
Estimated earnings to date on uncompleted contracts 123,256    95,155   
1,024,136    838,477   
Billings to date on uncompleted contracts (1,043,221)   (867,881)  
Net billings in excess of costs and estimated earnings on uncompleted contracts $ (19,085)   $ (29,404)  
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, 2018 to September 30, 2019 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, 2018 $ 9,334    $ (38,738)   $ (29,404)  
Changes in revenue billed, contract price or cost estimates 2,696    7,623    10,319   
September 30, 2019 $ 12,030    $ (31,115)   $ (19,085)