Aegion Corp | 2013 | FY | 3

Costs and estimated earnings on uncompleted contracts consisted of the following at December 31 (in thousands):


2013
 
2012
Costs incurred on uncompleted contracts

$
740,403

 
$
664,662

Estimated earnings to date

141,413

 
183,850

Subtotal

881,816

 
848,512

Less – billings to date

(826,795
)
 
(812,324
)
Total

$
55,021

 
$
36,188

Included in the accompanying balance sheets:

 

 
 

Costs and estimated earnings in excess of billings

79,999

 
67,740

Billings in excess of costs and estimated earnings

(24,978
)
 
(31,552
)
Total

$
55,021

 
$
36,188

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