CONDENSED CONSOLIDATED STATEMENT OF EARNINGS (USD $) In Thousands, except Per Share data | 3 Months Ended | 9 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Sep. 30, 2011 | Sep. 30, 2010 | Sep. 30, 2011 | Sep. 30, 2010 | |||||||
| TOTAL REVENUE | $ 6,037,613 | $ 5,511,488 | $ 17,129,265 | $ 15,582,464 | ||||||
| TOTAL COST OF REVENUE | 5,775,527 | 5,449,681 | 16,290,102 | 14,976,332 | ||||||
| OTHER (INCOME) AND EXPENSES | ||||||||||
| Corporate general and administrative expense | 37,258 | 39,563 | 102,189 | 98,298 | ||||||
| Interest expense | 2,027 | 2,183 | 8,134 | 7,659 | ||||||
| Interest income | (8,136) | (4,818) | (24,367) | (16,933) | ||||||
| Total cost and expenses | 5,806,676 | 5,486,609 | 16,376,058 | 15,065,356 | ||||||
| EARNINGS BEFORE INCOME TAXES | 230,937 | 24,879 | 753,207 | 517,108 | ||||||
| INCOME TAX EXPENSE | 69,348 | 54,967 | 238,946 | 215,107 | ||||||
| NET EARNINGS (LOSS) | 161,589 | (30,088) | 514,261 | 302,001 | ||||||
| NET EARNINGS ATTRIBUTABLE TO NONCONTROLLING INTERESTS | (26,227) | (23,548) | (73,689) | (61,627) | ||||||
| NET EARNINGS (LOSS) ATTRIBUTABLE TO FLUOR CORPORATION | $ 135,362 | $ (53,636) | $ 440,572 | $ 240,374 | ||||||
| EARNINGS (LOSS) PER SHARE | ||||||||||
| BASIC (in dollars per share) | $ 0.79 | $ (0.30) | $ 2.54 | $ 1.35 | ||||||
| DILUTED (in dollars per share) | $ 0.78 | [1] | $ (0.30) | [1] | $ 2.51 | [1] | $ 1.33 | [1] | ||
| SHARES USED TO CALCULATE EARNINGS PER SHARE | ||||||||||
| BASIC (in shares) | 171,576 | 178,248 | 173,607 | 178,208 | ||||||
| DILUTED (in shares) | 173,178 | [1] | 178,248 | [1] | 175,819 | [1] | 180,878 | [1] | ||
| DIVIDENDS DECLARED PER SHARE (in dollars per share) | $ 0.125 | $ 0.125 | $ 0.375 | $ 0.375 | ||||||
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- Definition Cost of goods sold, operating expenses, non-operating income and nonoperating expenses.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of net Income or Loss attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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