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Notes to Consolidated Financial Statements

Note 4: RECEIVABLES

Receivables were as follows at November 30:

(In thousands)
2006
2005
Trade $124,308 $175,586
Joint ventures 31,299 1,904
Other 9,478 10,761
Allowances (4,912) (7,693)
 
  $160,173 $180,558

 

Trade receivables included unbilled receivables related to the percentage-of-completion method of revenue recognition of $32,278,000 and $29,667,000 at November 30, 2006 and 2005, respectively.

 

Note Five

 
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