Tutor perini corporation (TPC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
REVENUE

1,250,729

1,177,725

1,189,345

1,125,275

958,487

1,183,284

1,123,137

1,120,085

1,028,156

1,193,068

1,199,505

1,247,274

1,117,361

1,246,599

1,332,978

1,308,130

1,085,369

1,200,830

1,340,739

1,312,438

1,066,465

1,201,877

1,250,689

1,084,510

955,233

1,099,291

1,030,388

1,053,065

992,928

1,114,198

1,099,393

985,346

912,534

1,114,760

1,166,410

819,858

615,289

731,806

914,376

COST OF OPERATIONS

1,139,649

1,240,429

1,074,282

1,024,332

870,017

1,025,663

1,012,013

1,001,445

961,088

1,062,472

1,081,254

1,144,436

1,014,641

1,128,939

1,208,310

1,198,360

980,277

1,134,157

1,240,538

1,213,818

975,706

1,072,154

1,109,848

954,979

849,886

959,556

909,531

947,110

892,571

987,749

983,930

898,285

826,375

989,447

1,046,055

732,648

552,826

641,136

815,464

GROSS PROFIT

111,080

-62,704

115,063

100,943

88,470

157,621

111,124

118,640

67,068

130,596

118,251

102,838

102,720

117,660

124,668

109,770

105,092

66,673

100,201

98,620

90,759

129,723

140,841

129,531

105,347

139,735

120,857

105,955

100,357

126,449

115,463

87,061

86,159

125,313

120,355

87,210

62,463

90,670

98,912

General and administrative expenses

63,853

31,442

67,120

62,797

65,557

66,941

63,818

63,825

67,993

71,253

69,179

68,793

65,703

65,610

63,749

60,941

64,970

51,199

61,227

67,739

70,675

65,327

70,487

64,088

63,850

69,560

62,763

66,481

64,278

65,725

60,787

64,661

69,196

74,521

58,319

50,175

43,950

40,710

43,061

Goodwill impairment

-

-

0

379,863

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

376,574

-

-

0

0

-

-

-

INCOME FROM CONSTRUCTION OPERATIONS

47,227

-94,146

47,943

-341,717

22,913

90,680

47,306

54,815

-925

59,343

49,072

34,045

37,017

52,050

60,919

48,829

40,122

15,474

38,974

30,881

20,084

64,396

70,354

65,443

41,497

70,175

58,094

39,474

36,079

60,724

54,676

-354,174

16,963

50,792

62,036

37,035

18,513

49,960

55,851

Other income, net

481

3,671

1,674

900

422

517

1,909

1,050

780

1,508

967

40,990

417

1,762

2,048

2,485

682

7,749

6,195

379

-754

2,571

-441

-6,974

-3,373

-5,026

-9,488

-3,234

-827

-1,176

545

1,082

-2,308

-2,227

5,863

1,232

-447

358

-1,102

Interest expense

16,436

16,242

17,305

17,522

16,425

16,045

16,411

15,998

15,065

15,658

15,643

22,519

15,564

15,127

15,041

15,534

14,080

11,536

11,214

11,268

11,125

13,050

11,297

10,857

10,831

11,642

11,571

11,083

11,336

11,450

11,039

10,603

11,082

9,777

11,566

7,252

7,155

1,589

3,244

INCOME BEFORE INCOME TAXES

31,272

-106,717

32,312

-358,339

6,910

75,152

32,804

39,867

-15,210

45,193

34,396

52,516

21,870

38,685

47,926

35,780

26,724

11,687

33,955

19,992

8,205

53,917

58,616

47,612

27,293

53,507

37,035

25,157

23,916

48,098

44,182

-363,695

3,573

38,788

56,333

31,015

10,911

48,729

51,505

Income tax expense

5,134

-30,488

5,591

-42,900

2,188

19,761

7,368

11,971

-4,268

-37,654

9,096

19,883

8,106

8,425

19,125

14,419

11,324

2,975

14,278

8,215

3,079

26,195

22,886

19,067

11,354

20,248

13,276

9,679

9,116

6,463

1,591

-15,272

4,776

14,740

20,856

11,321

3,982

17,796

18,780

NET INCOME

26,138

-76,229

26,721

-315,439

4,722

55,391

25,436

27,896

-10,942

82,847

25,300

32,633

13,764

-

28,801

21,361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS

8,767

9,888

7,408

5,091

5,078

5,986

4,164

3,013

1,182

-

1,716

2,537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) ATTRIBUTABLE TO TUTOR PERINI CORPORATION

17,371

-86,117

19,313

-320,530

-356

49,405

21,272

24,883

-12,124

80,938

23,584

30,096

13,764

30,260

28,801

21,361

15,400

8,712

19,677

11,777

5,126

27,722

35,730

28,545

15,939

33,259

23,759

15,478

14,800

41,635

42,591

-348,423

-1,203

24,048

35,477

19,694

6,929

30,933

32,725

BASIC EARNINGS (LOSS) PER COMMON SHARE

0.35

-1.71

0.38

-6.38

-0.01

0.99

0.43

0.50

-0.24

1.63

0.47

0.61

0.28

0.62

0.59

0.43

0.31

0.17

0.40

0.24

0.11

0.56

0.74

0.59

0.33

0.69

0.50

0.32

0.31

0.89

0.90

-7.35

-0.03

0.50

0.75

0.42

0.15

0.65

0.67

DILUTED EARNINGS (LOSS) PER COMMON SHARE

0.34

-1.71

0.38

-6.38

-0.01

0.98

0.42

0.49

-0.24

1.59

0.47

0.59

0.27

0.61

0.57

0.43

0.31

0.17

0.40

0.24

0.10

0.56

0.73

0.58

0.33

0.68

0.49

0.32

0.31

0.91

0.88

-7.35

-0.03

0.51

0.74

0.41

0.14

0.65

0.66

WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:
BASIC

50,338

50,279

50,279

50,224

50,098

50,030

50,018

49,946

49,814

49,796

49,775

49,735

49,282

49,205

49,185

49,131

49,079

49,079

49,070

49,028

48,747

48,677

48,588

48,543

48,440

48,202

47,959

47,684

47,559

47,560

47,556

47,434

47,330

47,330

47,291

47,183

47,100

47,357

49,001

Effect of dilutive stock options and restricted stock units (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

487

510

490

-

666

914

954

-

661

-

-

645

473

776

762

539

535

DILUTED

50,836

49,976

50,582

50,224

50,098

50,575

50,375

50,440

49,814

50,746

50,587

50,755

50,948

50,510

50,100

49,561

49,285

49,518

49,775

49,828

49,543

49,398

49,075

49,053

48,930

48,620

48,625

48,598

48,513

46,899

48,217

47,434

47,330

47,975

47,764

47,959

47,862

47,896

49,536