ENGLOBAL CORP | 2013 | FY | 3


Costs, estimated earnings and billings on uncompleted contracts consisted of the following at December 28, 2013 and December 29, 2012 (dollars in thousands):

   
2013
   
2012
 
Costs incurred on uncompleted contracts
 
$
43,342
   
$
51,649
 
Estimated earnings on uncompleted contracts
   
12,022
     
3,216
 
Earned revenues
   
55,364
     
54,865
 
Less: billings to date
   
61,212
     
55,855
 
Net costs in excess of billings on uncompleted contracts
 
$
(5,848
)
 
$
(990
Costs and estimated earnings in excess of billings on uncompleted contracts
 
$
1,206
   
$
3,840
 
Billings in excess of costs/earnings on uncompleted contracts
   
(7,054
)
   
(4,830
)
Net costs in excess of billings on uncompleted contracts
 
$
(5,848
)
 
$
(990

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