| NOTE H. | COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS |
The components of uncompleted contracts are as follows (in thousands):
| June 29, | June 30, | |||||||
| 2013 | 2012 | |||||||
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Costs incurred on uncompleted contracts and estimated earnings |
$ | 70,389 | $ | 64,503 | ||||
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Less billings to date |
(60,122 | ) | (61,665 | ) | ||||
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| $ | 10,267 | $ | 2,838 | |||||
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The components of uncompleted contracts are reflected in the Consolidated Balance Sheets as follows (in thousands):
| June 29, | June 30, | |||||||
| 2013 | 2012 | |||||||
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Costs and earnings in excess of billings on uncompleted contracts |
$ | 16,544 | $ | 14,635 | ||||
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Billings in excess of costs and earnings on uncompleted contracts |
(6,277 | ) | (11,797 | ) | ||||
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| $ | 10,267 | $ | 2,838 | |||||
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