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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUE $ 1,276,427,000 $ 1,125,275,000 $ 2,527,156,000 $ 2,083,762,000
COST OF OPERATIONS (1,158,673,000) (1,024,332,000) (2,298,322,000) (1,894,349,000)
GROSS PROFIT 117,754,000 100,943,000 228,834,000 189,413,000
General and administrative expenses (60,058,000) (62,797,000) (123,911,000) (128,354,000)
Goodwill impairment 0 (379,863,000)   (379,863,000)
INCOME (LOSS) FROM CONSTRUCTION OPERATIONS 57,696,000 (341,717,000) 104,923,000 (318,804,000)
Other income (expense) (797,000) 900,000 (316,000) 1,322,000
Interest expense (16,464,000) (17,522,000) (32,900,000) (33,947,000)
INCOME (LOSS) BEFORE INCOME TAXES 40,435,000 (358,339,000) 71,707,000 (351,429,000)
Income tax (expense) benefit (9,576,000) 42,900,000 (14,710,000) 40,712,000
NET INCOME (LOSS) 30,859,000 (315,439,000) 56,997,000 (310,717,000)
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 12,150,000 5,091,000 20,917,000 10,169,000
NET INCOME (LOSS) ATTRIBUTABLE TO TUTOR PERINI CORPORATION $ 18,709,000 $ (320,530,000) $ 36,080,000 $ (320,886,000)
BASIC EARNINGS (LOSS) PER COMMON SHARE $ 0.37 $ (6.38) $ 0.71 $ (6.40)
DILUTED EARNINGS (LOSS) PER COMMON SHARE $ 0.37 $ (6.38) $ 0.71 $ (6.40)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:        
BASIC 50,667 50,224 50,502 50,161
DILUTED 50,935 50,224 50,885 50,161