Mirion Technologies, Inc. Post-effective amendment to a registration statement that is not immediately effective upon filing

Post-effective amendment to a registration statement that is not immediately effective upon filing

Contracts in Progress (Tables)

Contracts in Progress (Tables)

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Schedule of Cost and Billings on Uncompleted Construction Type Long Term Contracts or Programs

Costs and billings on uncompleted construction-type contracts consist of the following (in millions):


	Successor			Predecessor
	December 31, 2021			June 30, 2021			June 30, 2020
Costs incurred on contracts (from inception to completion)	$	199.4		$	185.8		$	152.5
Estimated earnings		125.5			133.2			108.9

Contracts in progress		324.9			319.0			261.4
Less: billings to date		(281.8	)		(261.9	)		(209.8	)
Less: write-offs		—			(2.7	)		—

	$	43.1		$	54.4		$	51.6

Schedule of Costs in Excess of Billings and Billings in Excess of Costs on Uncompleted Contracts

The carrying amounts related to uncompleted construction-type contracts are included in the accompanying balance sheets under the following captions (in millions):


	Successor			Predecessor
	December 31, 2021			June 30, 2021			June 30, 2020
Costs and estimated earnings in excess of billings on uncompleted contracts – current	$	56.3		$	57.2		$	59.5
Costs and estimated earnings in excess of billings on uncompleted contracts – noncurrent (1)		6.5			8.1			—
Billings in excess of costs and estimated earnings on uncompleted contracts – current (2)		(17.6	)		(8.0	)		(8.0	)
Billings in excess of costs and estimated earnings on uncompleted contracts – noncurrent (3)		(2.1	)		(2.9	)		—

	$	43.1		$	54.4		$	51.5

(1)	Included in other assets within the consolidated balance sheets.

(2)	Included in deferred contract revenue – current within the consolidated balance sheets.

(3)	Included in other liabilities within the consolidated balance sheets.