XML 213 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
REVENUE $ 776,300 $ 952,154
COST OF OPERATIONS (800,469) (901,809)
GROSS PROFIT (LOSS) (24,169) 50,345
General and administrative expenses (57,776) (60,252)
LOSS FROM CONSTRUCTION OPERATIONS (81,945) (9,907)
Other income, net 6,417 3,697
Interest expense (21,513) (16,492)
LOSS BEFORE INCOME TAXES (97,041) (22,702)
Income tax benefit 48,112 3,889
NET LOSS (48,929) (18,813)
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 267 2,821
NET LOSS ATTRIBUTABLE TO TUTOR PERINI CORPORATION $ (49,196) $ (21,634)
BASIC LOSS PER COMMON SHARE (in dollars per share) $ (0.95) $ (0.42)
DILUTED LOSS PER COMMON SHARE (in dollars per share) $ (0.95) $ (0.42)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:    
BASIC (in shares) 51,551 51,107
DILUTED (in shares) 51,551 51,107