Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2017

Other Comprehensive Income (Loss) [Abstract]

Schedule Of Tax Effects Of The Components Of Other Comprehensive Income (Loss)

The tax effects of the components of other comprehensive income (loss) for the three months ended September 30, 2017 and 2016 are as follows:

	Three Months Ended						Three Months Ended
	September 30, 2017						September 30, 2016
(in thousands)	Before-Tax Amount		Tax Expense		Net-of-Tax Amount		Before-Tax Amount		Tax (Expense) Benefit		Net-of-Tax Amount
Other comprehensive income (loss):
Defined benefit pension plan adjustments	$	456	$	(187)	$	269	$	427	$	(179)	$	248
Foreign currency translation adjustments		1,232		(506)		726		(708)		297		(411)
Unrealized gain (loss) in fair value of investments		21		(9)		12		(145)		66		(79)
Total other comprehensive income (loss)		1,709		(702)		1,007		(426)		184		(242)
Other comprehensive income (loss) attributable to Tutor Perini Corporation	$	1,709	$	(702)	$	1,007	$	(426)	$	184	$	(242)

The tax effects of the components of other comprehensive income (loss) for the nine months ended September 30, 2017 and 2016 are as follows:

	Nine Months Ended						Nine Months Ended
	September 30, 2017						September 30, 2016
(in thousands)	Before-Tax Amount		Tax (Expense) Benefit		Net-of-Tax Amount		Before-Tax Amount		Tax (Expense) Benefit		Net-of-Tax Amount
Other comprehensive income:
Defined benefit pension plan adjustments	$	1,368	$	(562)	$	806	$	1,280	$	(461)	$	819
Foreign currency translation adjustment		2,242		(921)		1,321		500		(239)		261
Unrealized loss in fair value of investments		(20)		8		(12)		(403)		179		(224)
Unrealized loss in fair value of interest rate swap		—		—		—		(45)		21		(24)
Total other comprehensive income		3,590		(1,475)		2,115		1,332		(500)		832
Other comprehensive income attributable to Tutor Perini Corporation	$	3,590	$	(1,475)	$	2,115	$	1,332	$	(500)	$	832

Schedule Of Changes In AOCI Balances By Component (After-Tax)

The changes in AOCI balances by component (after tax) during the three and nine months ended September 30, 2017 are as follows:

	Three Months Ended September 30, 2017
	Defined				Unrealized		Accumulated
	Benefit		Foreign		Gain in		Other
	Pension		Currency		Fair Value of		Comprehensive
(in thousands)	Plan		Translation		Investments, Net		Loss
Attributable to Tutor Perini Corporation:
Balance as of June 30, 2017	$	(40,328)	$	(4,269)	$	292	$	(44,305)
Other comprehensive gain before reclassifications		—		726		12		738
Amounts reclassified from AOCI		269		—		—		269
Total other comprehensive income		269		726		12		1,007
Balance as of September 30, 2017	$	(40,059)	$	(3,543)	$	304	$	(43,298)

	Nine Months Ended September 30, 2017
	Defined				Unrealized		Accumulated
	Benefit		Foreign		Gain (Loss) in		Other
	Pension		Currency		Fair Value of		Comprehensive
(in thousands)	Plan		Translation		Investments, Net		Loss
Attributable to Tutor Perini Corporation:
Balance as of December 31, 2016	$	(40,865)	$	(4,864)	$	316	$	(45,413)
Other comprehensive gain (loss) before reclassifications		—		1,321		(12)		1,309
Amounts reclassified from AOCI		806		—		—		806
Total other comprehensive income (loss)		806		1,321		(12)		2,115
Balance as of September 30, 2017	$	(40,059)	$	(3,543)	$	304	$	(43,298)

The changes in AOCI balance by component (after tax) for the three and nine months ended September 30, 2016 are as follows:

	Three Months Ended September 30, 2016
							Unrealized
	Defined				Unrealized		Gain (Loss) in		Accumulated
	Benefit		Foreign		Gain (Loss) in		Fair Value of		Other
	Pension		Currency		Fair Value of		Interest Rate		Comprehensive
(in thousands)	Plan		Translation		Investments, Net		Swap, Net		Loss
Attributable to Tutor Perini Corporation:
Balance as of June 30, 2016	$	(37,671)	$	(3,931)	$	511	$	—	$	(41,091)
Other comprehensive loss before reclassifications		—		(411)		(79)		—		(490)
Amounts reclassified from AOCI		248		—		—		—		248
Total other comprehensive income (loss)		248		(411)		(79)		—		(242)
Balance as of September 30, 2016	$	(37,423)	$	(4,342)	$	432	$	—	$	(41,333)

	Nine Months Ended September 30, 2016
							Unrealized
	Defined				Unrealized		Gain (Loss) in		Accumulated
	Benefit		Foreign		Gain (Loss) in		Fair Value of		Other
	Pension		Currency		Value of		Interest Rate		Comprehensive
(in thousands)	Plan		Translation		Investments, Net		Swap, Net		Loss
Attributable to Tutor Perini Corporation:
Balance as of December 31, 2015	$	(38,242)	$	(4,603)	$	656	$	24	$	(42,165)
Other comprehensive gain (loss) before reclassifications		—		261		(224)		(24)		13
Amounts reclassified from AOCI		819		—		—		—		819
Total other comprehensive income (loss)		819		261		(224)		(24)		832
Balance as of September 30, 2016	$	(37,423)	$	(4,342)	$	432	$	—	$	(41,333)

Schedule Of Items Reclassified Out Of AOCI And The Corresponding Location And Impact On The Condensed Consolidated Statement Of Operations

	Location in	Three Months Ended				Nine Months Ended
	Condensed Consolidated	September 30,				September 30,
(in thousands)	Statements of Operations	2017		2016		2017		2016
Defined benefit pension plan adjustments	Various accounts(a)	$	456	$	427	$	1,368	$	1,280
Income tax benefit	Provision for income taxes		(187)		(179)		(562)		(461)
Net of tax		$	269	$	248	$	806	$	819

(a)Defined benefit pension plan adjustments were reclassified to cost of operations and general and administrative expenses