Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2020

Other Comprehensive Income (Loss) [Abstract]

Schedule Of Components Of Other Comprehensive Income (Loss) And Related Tax Effects

The components of other comprehensive income (loss) and the related tax effects for the three and six months ended June 30, 2020 and 2019 were as follows:

	Three Months Ended						Three Months Ended
	June 30, 2020						June 30, 2019
(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:
Defined benefit pension plan adjustments	$	592	$	(168)	$	424	$	464	$	(133)	$	331
Foreign currency translation adjustments		1,973		(318)		1,655		1,072		(262)		810
Unrealized gain in fair value of investments		1,602		(296)		1,306		867		(181)		686
Total other comprehensive income		4,167		(782)		3,385		2,403		(576)		1,827
Less: Other comprehensive income attributable to noncontrolling interests(a)		854		—		854		157		—		157
Total other comprehensive income attributable to Tutor Perini Corporation	$	3,313	$	(782)	$	2,531	$	2,246	$	(576)	$	1,670

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

	Six Months Ended						Six Months Ended
	June 30, 2020						June 30, 2019
(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:
Defined benefit pension plan adjustments	$	1,183	$	(336)	$	847	$	926	$	(265)	$	661
Foreign currency translation adjustment		(2,954)		596		(2,358)		1,551		(393)		1,158
Unrealized gain in fair value of investments		2,359		(511)		1,848		1,725		(366)		1,359
Total other comprehensive income		588		(251)		337		4,202		(1,024)		3,178
Less: Other comprehensive income (loss) attributable to noncontrolling interests(a)		(1,166)		—		(1,166)		259		—		259
Total other comprehensive income attributable to Tutor Perini Corporation	$	1,754	$	(251)	$	1,503	$	3,943	$	(1,024)	$	2,919

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

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

The changes in AOCI balances by component (after tax) attributable to Tutor Perini Corporation during the three and six months ended June 30, 2020 were as follows:

	Three Months Ended June 30, 2020
	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 March 31, 2020	$	(37,403)	$	(7,364)	$	1,639	$	(43,128)
Other comprehensive income before reclassifications		—		801		1,335		2,136
Amounts reclassified from AOCI		424		—		(29)		395
Total other comprehensive income		424		801		1,306		2,531
Balance as of June 30, 2020	$	(36,979)	$	(6,563)	$	2,945	$	(40,597)

	Six Months Ended June 30, 2020
	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, 2019	$	(37,826)	$	(5,371)	$	1,097	$	(42,100)
Other comprehensive income (loss) before reclassifications		—		(1,192)		1,881		689
Amounts reclassified from AOCI		847		—		(33)		814
Total other comprehensive income (loss)		847		(1,192)		1,848		1,503
Balance as of June 30, 2020	$	(36,979)	$	(6,563)	$	2,945	$	(40,597)

The changes in AOCI balances by component (after tax) attributable to Tutor Perini Corporation during the three and six months ended June 30, 2019 were as follows:

	Three Months Ended June 30, 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 March 31, 2019	$	(38,340)	$	(6,069)	$	209	$	(44,200)
Other comprehensive income before reclassifications		—		653		714		1,367
Amounts reclassified from AOCI		331		—		(28)		303
Total other comprehensive income		331		653		686		1,670
Balance as of June 30, 2019	$	(38,009)	$	(5,416)	$	895	$	(42,530)

	Six Months Ended June 30, 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		—		899		1,379		2,278
Amounts reclassified from AOCI		661		—		(20)		641
Total other comprehensive income		661		899		1,359		2,919
Balance as of June 30, 2019	$	(38,009)	$	(5,416)	$	895	$	(42,530)