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Unaudited Quarterly Financial Data
12 Months Ended
Dec. 31, 2018
Unaudited Quarterly Financial Data [Abstract]  
Unaudited Quarterly Financial Data

16.     Unaudited Quarterly Financial Data



The following table presents selected unaudited quarterly financial data for each full quarterly period of 2018 and 2017:





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

(in thousands, except per common share amounts)

 

First

 

Second

 

Third

 

Fourth

Year Ended December 31, 2018

 

Quarter

 

Quarter

 

Quarter

 

Quarter

Revenue

 

$

1,028,156 

 

$

1,120,085 

 

$

1,123,137 

 

$

1,183,284 

Gross profit

 

 

67,068 

 

 

118,640 

 

 

111,124 

 

 

157,621 

Income (loss) from construction operations

 

 

(925)

 

 

54,815 

 

 

47,306 

 

 

90,680 

Income (loss) before income taxes

 

 

(15,210)

 

 

39,867 

 

 

32,804 

 

 

75,152 

Net income (loss)

 

 

(10,942)

 

 

27,896 

 

 

25,436 

 

 

55,391 

Net income (loss) attributable to Tutor Perini Corporation

 

 

(12,124)

 

 

24,883 

 

 

21,272 

 

 

49,405 

Earnings (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.24)

 

$

0.50 

 

$

0.43 

 

$

0.99 

Diluted

 

$

(0.24)

 

$

0.49 

 

$

0.42 

 

$

0.98 







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

(in thousands, except per common 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