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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUE $ 958,487 $ 1,028,156
COST OF OPERATIONS (870,017) (961,088)
GROSS PROFIT 88,470 67,068
General and administrative expenses (65,557) (67,993)
INCOME (LOSS) FROM CONSTRUCTION OPERATIONS 22,913 (925) [1]
Other income, net 422 780
Interest expense (16,425) (15,065)
INCOME (LOSS) BEFORE INCOME TAXES 6,910 (15,210)
Income tax (expense) benefit (2,188) 4,268
NET INCOME LOSS 4,722 (10,942)
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 5,078 1,182
NET LOSS ATTRIBUTABLE TO TUTOR PERINI CORPORATION $ (356) $ (12,124)
BASIC LOSS PER COMMON SHARE $ (0.01) $ (0.24)
DILUTED LOSS PER COMMON SHARE $ (0.01) $ (0.24)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:    
BASIC (in shares) 50,098 49,814
DILUTED (in shares) 50,098 49,814
[1] During the three months ended March 31, 2018, the Company recorded a charge of $17.8 million in income from construction operations (an after-tax impact of $12.8 million, or $0.25 per diluted share), which was primarily non-cash, as a result of the unexpected outcome of an arbitration decision related to a subcontract back charge dispute on a Civil segment project in New York that was completed in 2013.