XML 31 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2015

Stock-Based Compensation [Abstract]

Summary of Restricted Stock Unit Awards Activity

								Aggregate
					Weighted Average			Intrinsic
			Number		Grant Date			Value
			of Shares		Fair Value			(in thousands)
Granted and Unvested - January 1, 2015			1,056,597		$	26.54		$	25,432
Activity during the three months ended March 31, 2015:
Vested			(335,940)		$	27.64		$	7,323
Granted			291,500		$	23.35		$	6,807
Forfeited			(1,560)		$	28.59		$	—
Total Granted and Unvested - March 31, 2015			1,010,597		$	27.78		$	23,597
Approved for grant			709,500			(a)		$	16,567
Total Awarded and Unvested - March 31, 2015			1,720,097			n.a.		$	40,164

(a) Grant date fair value cannot be determined currently because the related performance targets for future years have not yet been established by the Compensation Committee.

Vesting Schedule of Outstanding Unvested Restricted Stock Unit Awards

		Number
Vesting Date		of Awards
2015		5,000
2016		302,500
2017		957,597
2018		296,000
2019		159,000
		1,720,097

Summary of Stock Options Activity

					Weighted Average
			Number		Grant Date			Exercise
			of Shares		Fair Value			Price
Total Granted and Outstanding - January 1, 2015			1,989,000		$	12.75		$	19.63
Activity during the three months ended March 31, 2015:
Granted			259,000		$	12.64		$	16.07
Exercised			—		$	—		$	—
Forfeited			—		$	—		$	—
Total Granted and Outstanding - March 31, 2015			2,248,000		$	12.50		$	19.22
Approved for grant			677,000			(a)			20.75
Total Awarded and Outstanding - March 31 2015			2,925,000			n.a.			19.57

(a) Grant date fair value cannot be determined currently because the related performance targets for future years have not yet been established by the Compensation Committee.

Key Assumptions Used in Estimating Grant Date Fair Value of Stock Option Awards

Awarded during			2015				2013				2013				2012
Number of options			100,000				5,000				4,000				150,000
Risk-free interest rate			1.46	%			1.67	%			1.67	%			1.15	%
Expected life of options (years)			5.50				6.76				6.75				4.06
Expected volatility of underlying stock			45.11	%			49.29	%			49.29	%			45.92	%
Expected quarterly dividends (per share)		$	0.00			$	0.00			$	0.00			$	0.00

X

- Definition

Tabular disclosure of the scheduled vesting dates of restricted stock awards, subject where applicable to the achievement of performance targets.

+ References

No definition available.

+ Details

Name:	tpc_VestingScheduleOfOutstandingUnvestedRestrictedStockAwardsTableTextBlock
Namespace Prefix:	tpc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration