v3.26.1
Revenue from Contracts with Customers (Tables) - C.C. Carlton Industries, Ltd.
 3 Months Ended
Mar. 31, 2026
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Summary of Partnership Expects to Recognize Unearned Revenue The Partnership expects to recognize unearned revenue at March 31, 2026, as follows (in thousands):

 

Expected Timing of Revenue Recognition

 

Amount

 

Within 12 months

 

$

158,511

 

13 to 24 months

 

 

6,712

 

Beyond 24 months

 

 

-

 

Total

 

$

165,223

 
Schedule of Partnership's Revenue Disaggregated by Customer Type

The following table presents the Partnership’s revenue disaggregated by customer type (in thousands):

 

Three months ended March 31,

 

Public Sector
Contracts

 

 

Private Sector
Contracts

 

 

Total
Revenue

 

2026

 

$

48,301

 

 

$

10,568

 

 

$

58,869

 

2025

 

$

48,372

 

 

$

14,019

 

 

$

62,391

 
Summary of Status of Uncompleted Contracts

As of March 31, 2026, and December 31, 2025, the status of uncompleted contracts is summarized as follows (in thousands):

 

 

 

March 31, 2026

 

 

December 31, 2025

 

Contract assets and liabilities classified as:

 

 

 

 

 

 

Costs and estimated earnings in excess of billings on contracts in progress

 

$

13,426

 

 

$

2,738

 

Billings in excess of costs and estimated earnings on contracts in progress

 

 

(1,809

)

 

 

(2,819

)

 

 

$

11,617

 

 

$

(81

)