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Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2019
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 March 31, 2019 and 2018 were as follows:







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Three Months Ended

 

Three Months Ended



March 31, 2019

 

March 31, 2018

(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 (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defined benefit pension plan adjustments

$

463 

 

$

(133)

 

$

330 

 

$

532 

 

$

(151)

 

$

381 

Foreign currency translation adjustments

 

479 

 

 

(131)

 

 

348 

 

 

(1,638)

 

 

464 

 

 

(1,174)

Unrealized gain (loss) in fair value of investments

 

858 

 

 

(185)

 

 

673 

 

 

(119)

 

 

34 

 

 

(85)

Total other comprehensive income (loss)

 

1,800 

 

 

(449)

 

 

1,351 

 

 

(1,225)

 

 

347 

 

 

(878)

Less: Other comprehensive income attributable to noncontrolling interests(a)

 

102 

 

 

 —

 

 

102 

 

 

 —

 

 

 —

 

 

 —

Total other comprehensive income (loss) attributable to Tutor Perini Corporation

$

1,698 

 

$

(449)

 

$

1,249 

 

$

(1,225)

 

$

347 

 

$

(878)

(a)

The only component of other comprehensive income attributable to noncontrolling interests is foreign currency translation.



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







 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended March 31, 2019



Defined

 

 

 

Unrealized

 

Accumulated



Benefit

 

Foreign

 

Gain (Loss) in

 

Other



Pension

 

Currency

 

Fair Value of

 

Comprehensive

(in thousands)

Plan

 

Translation

 

Investments, Net

 

Income (Loss)

Attributable to Tutor Perini Corporation:

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2018

$

(38,670)

 

$

(6,315)

 

$

(464)

 

$

(45,449)

Other comprehensive income before reclassifications

 

 —

 

 

246 

 

 

665 

 

 

911 

Amounts reclassified from AOCI

 

330 

 

 

 —

 

 

 

 

338 

Total other comprehensive income

 

330 

 

 

246 

 

 

673 

 

 

1,249 

Balance as of March 31, 2019

$

(38,340)

 

$

(6,069)

 

$

209 

 

$

(44,200)







 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended March 31, 2018



Defined

 

 

 

Unrealized

 

Accumulated



Benefit

 

Foreign

 

Gain (Loss) in

 

Other



Pension

 

Currency

 

Fair Value of

 

Comprehensive

(in thousands)

Plan

 

Translation

 

Investments, Net

 

Income (Loss)

Attributable to Tutor Perini Corporation:

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2017

$

(39,441)

 

$

(3,591)

 

$

314 

 

$

(42,718)

Other comprehensive loss before reclassifications

 

 —

 

 

(1,174)

 

 

(85)

 

 

(1,259)

Amounts reclassified from AOCI

 

381 

 

 

 —

 

 

 —

 

 

381 

Total other comprehensive income (loss)

 

381 

 

 

(1,174)

 

 

(85)

 

 

(878)

Balance as of March 31, 2018

$

(39,060)

 

$

(4,765)

 

$

229 

 

$

(43,596)