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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUE $ 1,125,275 $ 1,120,085 $ 2,083,762 $ 2,148,241
COST OF OPERATIONS (1,024,332) (1,001,445) (1,894,349) (1,962,533)
GROSS PROFIT 100,943 118,640 189,413 185,708
General and administrative expenses (62,797) (63,825) (128,354) (131,818)
Goodwill impairment (379,863) 0 (379,863) 0
INCOME (LOSS) FROM CONSTRUCTION OPERATIONS (341,717) 54,815 (318,804) 53,890
Other income, net 900 1,050 1,322 1,830
Interest expense (17,522) (15,998) (33,947) (31,063)
INCOME (LOSS) BEFORE INCOME TAXES (358,339) 39,867 (351,429) 24,657
Income tax benefit (expense) 42,900 (11,971) 40,712 (7,703)
NET INCOME (LOSS) (315,439) 27,896 (310,717) 16,954
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 5,091 3,013 10,169 4,195
NET INCOME (LOSS) ATTRIBUTABLE TO TUTOR PERINI CORPORATION $ (320,530) $ 24,883 $ (320,886) $ 12,759
BASIC EARNINGS (LOSS) PER COMMON SHARE $ (6.38) $ 0.50 $ (6.40) $ 0.26
DILUTED EARNGINS (LOSS) PER COMMON SHARE $ (6.38) $ 0.49 $ (6.40) $ 0.25
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:        
BASIC (in shares) 50,224 49,946 50,161 49,880
DILUTED (in shares) 50,224 50,440 50,161 50,127