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Unaudited Quarterly Financial Data
12 Months Ended
Dec. 31, 2017
Unaudited Quarterly Financial Data [Abstract]  
Unaudited Quarterly Financial Data

14.     Unaudited Quarterly Financial Data



The following table presents selected unaudited quarterly financial data for each full quarterly period of 2017 and 2016:





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

(in thousands, except per share amounts)

 

First

 

Second

 

Third

 

Fourth

Year Ended December 31, 2017

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Revenue

 

$

1,117,361 

 

$

1,247,274 

 

$

1,199,505 

 

$

1,193,068 

Gross profit

 

 

102,720 

 

 

102,838 

 

 

118,251 

 

 

130,596 

Income from construction operations

 

 

37,017 

 

 

34,045 

 

 

49,072 

 

 

59,343 

Income before income taxes

 

 

21,870 

 

 

52,516 

 

 

34,396 

 

 

45,193 

Net income

 

 

13,764 

 

 

32,633 

 

 

25,300 

 

 

82,847 

Net income attributable to Tutor Perini Corporation

 

 

13,764 

 

 

30,096 

 

 

23,584 

 

 

80,938 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.28 

 

$

0.61 

 

$

0.47 

 

$

1.63 

Diluted

 

$

0.27 

 

$

0.59 

 

$

0.47 

 

$

1.60 







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

(in thousands, except per share amounts)

 

First

 

Second

 

Third

 

Fourth

Year Ended December 31, 2016

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Revenue

 

$

1,085,369 

 

$

1,308,130 

 

$

1,332,978 

 

$

1,246,599 

Gross profit

 

 

105,092 

 

 

109,770 

 

 

124,668 

 

 

117,660 

Income from construction operations

 

 

40,122 

 

 

48,829 

 

 

60,919 

 

 

52,050 

Income before income taxes

 

 

26,724 

 

 

35,780 

 

 

47,926 

 

 

38,685 

Net income

 

 

15,400 

 

 

21,361 

 

 

28,801 

 

 

30,260 

Net income attributable to Tutor Perini Corporation

 

 

15,400 

 

 

21,361 

 

 

28,801 

 

 

30,260 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.31 

 

$

0.43 

 

$

0.59 

 

$

0.62 

Diluted

 

$

0.31 

 

$

0.43 

 

$

0.57 

 

$

0.60