XML 28 R18.htm IDEA: XBRL DOCUMENT
v2.3.0.15

Business Segments | 9 Months Ended
--- | ---
Sep. 30, 2011
Business Segments [Abstract] |
Business Segments |
(12) | Business Segments
As discussed in Note 6, during the third quarter of 2011 the Company completed a reorganization which resulted in the formation of the Specialty Contractors reporting segment. The Specialty Contractors reporting segment consists of the following subsidiary companies: GreenStar, Fisk, Powerco, DMI (all previously included in the Building reporting segment), and Superior Gunite (“Superior”) (previously included in the Civil reporting segment). The reorganization enables the Company to focus on vertical integration through increased self-performed work capabilities while maintaining the specialty contractors business with third parties, and it will strengthen the Company's position as a full-service contractor with greater control over scheduled delivery and risk management. The following tables set forth certain reportable segment information relating to the Company's operations for the three and nine months ended September 30, 2011 and 2010 (in thousands). In accordance with the accounting guidance on segment reporting, the Company has restated the comparative prior period information for the reorganized reportable segments:
|  | Three Months Ended September 30, 2011 |  |  | Three Months Ended September 30, 2010 |
|  | Revenues |  |  | Income from Construction Operations |  |  | Revenues |  |  | Income from Construction Operations |
Building |  | $ | 567,676 |  |  | $ | 8,876 |  |  | $ | 511,233 |  |  | $ | 28,510 |
Civil |  |  | 281,355 |  |  |  | 23,805 |  |  |  | 171,223 |  |  |  | 27,298 |
Specialty Contractors |  |  | 335,921 |  |  |  | 33,132 |  |  |  | 24,088 |  |  |  | (336 | )
Management Services |  |  | 85,482 |  |  |  | 5,383 |  |  |  | 41,544 |  |  |  | 2,934 |
Eliminations |  |  | (104,024 | ) |  |  | - |  |  |  | (16,282 | ) |  |  | - |
|  |  | 1,166,410 |  |  |  | 71,196 |  |  |  | 731,806 |  |  |  | 58,406 |
Corporate * |  |  | - |  |  |  | (9,160 | ) |  |  | - |  |  |  | (8,446 | )
Total |  | $ | 1,166,410 |  |  | $ | 62,036 |  |  | $ | 731,806 |  |  | $ | 49,960 |
|  | Nine Months Ended September 30, 2011 |  |  | Nine Months Ended September 30, 2010 |
|  | Revenues |  |  | Income from Construction Operations |  |  | Revenues |  |  | Income from Construction Operations |
Building |  | $ | 1,463,386 |  |  | $ | 43,704 |  |  | $ | 1,849,295 |  |  | $ | 79,410 |
Civil |  |  | 558,307 |  |  |  | 51,732 |  |  |  | 493,314 |  |  |  | 65,308 |
Specialty Contractors |  |  | 514,809 |  |  |  | 35,812 |  |  |  | 93,892 |  |  |  | 10,761 |
Management Services |  |  | 209,956 |  |  |  | 14,541 |  |  |  | 158,838 |  |  |  | 12,874 |
Eliminations |  |  | (144,901 | ) |  |  | - |  |  |  | (84,082 | ) |  |  | - |
|  |  | 2,601,557 |  |  |  | 145,789 |  |  |  | 2,511,257 |  |  |  | 168,353 |
Corporate * |  |  | - |  |  |  | (28,205 | ) |  |  | - |  |  |  | (28,385 | )
Total |  | $ | 2,601,557 |  |  | $ | 117,584 |  |  | $ | 2,511,257 |  |  | $ | 139,968 |
_____________________________________________ * Consists primarily of corporate general and administrative expenses. The following table set forth certain reportable segment information relating to the Company's total assets as of September 30, 2011 and December 31, 2010 (in thousands):
|  | Total Assets as of |
|  | September 30, 2011 |  |  | December 31, 2010 |
Building |  | $ | 1,118,714 |  |  | $ | 1,152,439 |
Civil |  |  | 1,082,509 |  |  |  | 626,397 |
Specialty Contractors |  |  | 555,334 |  |  |  | 72,286 |
Management Services |  |  | 160,958 |  |  |  | 147,921 |
|  |  | 2,917,515 |  |  |  | 1,999,043 |
Corporate * |  |  | 836,222 |  |  |  | 780,177 |
Total |  | $ | 3,753,737 |  |  | $ | 2,779,220 |
* Consists principally of Cash and Cash Equivalents, corporate transportation equipment, and other investments available for general corporate purposes

X
- Details
Name: | tpc_BusinessSegmentsAbstract
Namespace Prefix: | tpc
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration