XML 64 R51.htm IDEA: XBRL DOCUMENT v3.5.0.2
Separate Financial Information of Subsidiary Guarantors of Indebtedness (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
Dec. 31, 2014
ASSETS        
Cash and Cash Equivalents $ 170,744 $ 75,452 $ 96,894 $ 135,583
Restricted Cash 48,725 45,853    
Accounts Receivable 1,718,685 1,473,615    
Costs and Estimated Earnings in Excess of Billings 820,243 905,175    
Deferred Income Taxes 26,029 26,306    
Other Current Assets 65,511 108,844    
Total current assets 2,849,937 2,635,245    
Property and Equipment, net 492,328 523,525    
Other Assets:        
GOODWILL 585,006 585,006    
Intangible Assets, net 93,883 96,540    
OTHER ASSETS 199,812 196,361    
TOTAL ASSETS 4,220,966 4,036,677    
LIABILITIES AND STOCKHOLDERS' EQUITY        
Current Maturities of Long-term Debt 108,897 88,917    
Accounts Payable 949,648 937,464    
Billings in Excess of Costs and Estimated Earnings 334,055 288,311    
Accrued Expenses and Other Current Liabilities 209,343 159,016    
Total current liabilities 1,601,943 1,473,708    
Long-term Debt, less current maturities 684,202 728,767    
Deferred Income Taxes 283,811 273,310    
Other Long-term Liabilities 126,966 140,665    
Contingencies and Commitments    
Stockholders' Equity 1,524,044 1,420,227    
TOTAL LIABILITIES AND STOCKHOLERS' EQUITY 4,220,966 4,036,677    
Eliminations [Member]        
ASSETS        
Accounts Receivable (219,804) (146,745)    
Costs and Estimated Earnings in Excess of Billings (59,782) (77,583)    
Other Current Assets (43,000) (11,419)    
Total current assets (322,586) (235,747)    
Intercompany Notes and Receivables (201,270) (148,637)    
Other Assets:        
Investment in Subsidiaries (2,173,219) (1,962,983)    
OTHER ASSETS (5,926) (5,723)    
TOTAL ASSETS (2,703,001) (2,353,090)    
LIABILITIES AND STOCKHOLDERS' EQUITY        
Current Maturities of Long-term Debt (60,000) (60,000)    
Accounts Payable (202,002) (167,705)    
Billings in Excess of Costs and Estimated Earnings (22,634) (5,711)    
Accrued Expenses and Other Current Liabilities (37,950) (2,331)    
Total current liabilities (322,586) (235,747)    
Long-term Debt, less current maturities (5,926) (5,723)    
Intercompany Notes and Advances Payable (201,270) (148,637)    
Contingencies and Commitments    
Stockholders' Equity (2,173,219) (1,962,983)    
TOTAL LIABILITIES AND STOCKHOLERS' EQUITY (2,703,001) (2,353,090)    
Tutor Perini Corporation [Member]        
ASSETS        
Cash and Cash Equivalents 86,618 47,196 64,316 75,087
Restricted Cash 3,261 3,369    
Accounts Receivable 407,677 358,437    
Costs and Estimated Earnings in Excess of Billings 121,897 114,580    
Deferred Income Taxes 16,323 2,255    
Other Current Assets 58,268 60,119    
Total current assets 694,044 585,956    
Property and Equipment, net 85,639 105,306    
Other Assets:        
Investment in Subsidiaries 2,173,219 1,962,983    
OTHER ASSETS 93,486 58,722    
TOTAL ASSETS 3,046,388 2,712,967    
LIABILITIES AND STOCKHOLDERS' EQUITY        
Current Maturities of Long-term Debt 144,891 107,283    
Accounts Payable 228,144 211,679    
Billings in Excess of Costs and Estimated Earnings 105,501 89,303    
Accrued Expenses and Other Current Liabilities 106,499 6,145    
Total current liabilities 585,035 414,410    
Long-term Debt, less current maturities 619,584 653,669    
Deferred Income Taxes 49,645      
Other Long-term Liabilities 106,106 106,588    
Intercompany Notes and Advances Payable 161,974 118,073    
Contingencies and Commitments    
Stockholders' Equity 1,524,044 1,420,227    
TOTAL LIABILITIES AND STOCKHOLERS' EQUITY 3,046,388 2,712,967    
Guarantor Subsidiaries [Member]        
ASSETS        
Cash and Cash Equivalents 83,874 26,892 31,558 36,764
Restricted Cash 2,209 3,283    
Accounts Receivable 1,414,817 1,179,919    
Costs and Estimated Earnings in Excess of Billings 757,976 868,026    
Deferred Income Taxes 9,706 21,356    
Other Current Assets 39,635 48,482    
Total current assets 2,308,217 2,147,958    
Property and Equipment, net 402,823 414,143    
Intercompany Notes and Receivables 201,270 148,637    
Other Assets:        
GOODWILL 585,006 585,006    
Intangible Assets, net 93,883 96,540    
OTHER ASSETS 86,517 128,094    
TOTAL ASSETS 3,677,716 3,520,378    
LIABILITIES AND STOCKHOLDERS' EQUITY        
Current Maturities of Long-term Debt 24,006 41,634    
Accounts Payable 921,046 890,268    
Billings in Excess of Costs and Estimated Earnings 222,559 203,003    
Accrued Expenses and Other Current Liabilities 92,474 115,392    
Total current liabilities 1,260,085 1,250,297    
Long-term Debt, less current maturities 70,544 80,821    
Deferred Income Taxes 211,828 273,310    
Other Long-term Liabilities 2,301 3,278    
Contingencies and Commitments    
Stockholders' Equity 2,132,958 1,912,672    
TOTAL LIABILITIES AND STOCKHOLERS' EQUITY 3,677,716 3,520,378    
Non-Guarantor Subsidiaries [Member]        
ASSETS        
Cash and Cash Equivalents 252 1,364 $ 1,020 $ 23,732
Restricted Cash 43,255 39,201    
Accounts Receivable 115,995 82,004    
Costs and Estimated Earnings in Excess of Billings 152 152    
Deferred Income Taxes   2,695    
Other Current Assets 10,608 11,662    
Total current assets 170,262 137,078    
Property and Equipment, net 3,866 4,076    
Other Assets:        
OTHER ASSETS 25,735 15,268    
TOTAL ASSETS 199,863 156,422    
LIABILITIES AND STOCKHOLDERS' EQUITY        
Accounts Payable 2,460 3,222    
Billings in Excess of Costs and Estimated Earnings 28,629 1,716    
Accrued Expenses and Other Current Liabilities 48,320 39,810    
Total current liabilities 79,409 44,748    
Deferred Income Taxes 22,338      
Other Long-term Liabilities 18,559 30,799    
Intercompany Notes and Advances Payable 39,296 30,564    
Contingencies and Commitments    
Stockholders' Equity 40,261 50,311    
TOTAL LIABILITIES AND STOCKHOLERS' EQUITY $ 199,863 $ 156,422