John Rogers - D.A. Davidson
But the delay in some of the work eliminates the probability of that?
Bruce W. Wilkinson
No, I would say, it would, depending on the circumstances of delay which is, if it''s really a percentage of completion, if it''s POC issue only then you still have the remaining part of the profit to recognize as well as any remaining upside of contingency if it''s there.
John Rogers - D.A. Davidson
Yes.
Bruce W. Wilkinson
It''s just, simply saying that, if we start the year and you think, you''ve got X number of projects closing out in the year, but you''ve got 20% of them move to next year then it affects all parts of the project.
John Rogers - D.A. Davidson
Okay, thank you.
Bruce W. Wilkinson
Sure.
Operator
And our next question will come from the line of Martin Malloy with Johnson Rice. Please proceed.
Martin Malloy - Johnson Rice & Company
Good morning.
Bruce W. Wilkinson
Good morning, Marty.
Michael S. Taff
Good morning, Marty. |