XML 40 R28.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Separate Financial Information of Subsidiary Guarantors of Indebtedness (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2016
Separate Financial Information of Subsidiary Guarantors of Indebtedness [Abstract] |
Condensed Consolidating Statement of Operations | TUTOR PERINI CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS THREE MONTHS ENDED MARCH 31, 2016 ﻿ UNAUDITED ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  | Non- |  |  |  |  |  |
﻿ |  | Tutor Perini |  | Guarantor |  | Guarantor |  |  |  |  | Total
﻿(in thousands) |  | Corporation |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
﻿Revenue |  | $ | 176,725 |  | $ | 986,361 |  | $ | 7,104 |  | $ | (84,821) |  | $ | 1,085,369
﻿Cost of operations |  |  | (154,289) |  |  | (910,809) |  |  | — |  |  | 84,821 |  |  | (980,277)
﻿Gross profit |  | $ | 22,436 |  | $ | 75,552 |  | $ | 7,104 |  | $ | — |  | $ | 105,092
﻿General and administrative expenses |  |  | (21,658) |  |  | (42,837) |  |  | (475) |  |  | — |  |  | (64,970)
﻿Income from construction operations |  | $ | 778 |  | $ | 32,715 |  | $ | 6,629 |  | $ | — |  | $ | 40,122
﻿Equity in earnings of subsidiaries |  |  | 23,079 |  |  | — |  |  | — |  |  | (23,079) |  |  | —
﻿Other income (expense), net |  |  | (621) |  |  | 1,060 |  |  | 243 |  |  | — |  |  | 682
﻿Interest expense |  |  | (13,484) |  |  | (596) |  |  | — |  |  | — |  |  | (14,080)
﻿Income (Loss) before income taxes |  | $ | 9,752 |  | $ | 33,179 |  | $ | 6,872 |  | $ | (23,079) |  | $ | 26,724
﻿Benefit (Provision) for income taxes |  |  | 5,648 |  |  | (14,060) |  |  | (2,912) |  |  | — |  |  | (11,324)
﻿Net income (loss) |  | $ | 15,400 |  | $ | 19,119 |  | $ | 3,960 |  | $ | (23,079) |  | $ | 15,400
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Other comprehensive income of subsidiaries |  |  | 938 |  |  | — |  |  | — |  |  | (938) |  |  | —
﻿Defined benefit pension plan adjustments |  |  | 247 |  |  | — |  |  | — |  |  | — |  |  | 247
﻿Foreign currency translation adjustment |  |  | — |  |  | 930 |  |  | — |  |  | — |  |  | 930
﻿Unrealized gain in fair value of investments |  |  | — |  |  | 8 |  |  | — |  |  | — |  |  | 8
﻿Unrealized loss in fair value of interest rate swap |  |  | (35) |  |  | — |  |  | — |  |  | — |  |  | (35)
﻿Total other comprehensive (loss) income, net of tax |  | $ | 1,150 |  | $ | 938 |  | $ | — |  | $ | (938) |  | $ | 1,150
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Total Comprehensive Income (Loss) |  | $ | 16,550 |  | $ | 20,057 |  | $ | 3,960 |  | $ | (24,017) |  | $ | 16,550
﻿ TUTOR PERINI CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS THREE MONTHS ENDED MARCH 31, 2015 ﻿ UNAUDITED ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  | Non- |  |  |  |  |  |
﻿ |  | Tutor Perini |  | Guarantor |  | Guarantor |  |  |  |  | Total
﻿(in thousands) |  | Corporation |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
﻿Revenue |  | $ | 236,292 |  | $ | 885,103 |  | $ | 4,291 |  | $ | (59,221) |  | $ | 1,066,465
﻿Cost of operations |  |  | (209,833) |  |  | (825,094) |  |  | — |  |  | 59,221 |  |  | (975,706)
﻿Gross profit |  | $ | 26,459 |  | $ | 60,009 |  | $ | 4,291 |  | $ | — |  | $ | 90,759
﻿General and administrative expenses |  |  | (25,035) |  |  | (45,166) |  |  | (474) |  |  | — |  |  | (70,675)
﻿Income from construction operations |  | $ | 1,424 |  | $ | 14,843 |  | $ | 3,817 |  | $ | — |  | $ | 20,084
﻿Equity in earnings of subsidiaries |  |  | 11,940 |  |  | — |  |  | — |  |  | (11,940) |  |  | —
﻿Other income (expense), net |  |  | (2,068) |  |  | 1,196 |  |  | 118 |  |  | — |  |  | (754)
﻿Interest expense |  |  | (10,264) |  |  | (861) |  |  | — |  |  | — |  |  | (11,125)
﻿Income (Loss) before income taxes |  | $ | 1,032 |  | $ | 15,178 |  | $ | 3,935 |  | $ | (11,940) |  | $ | 8,205
﻿Benefit (Provision) for income taxes |  |  | 4,094 |  |  | (5,696) |  |  | (1,477) |  |  | — |  |  | (3,079)
﻿Net income (loss) |  | $ | 5,126 |  | $ | 9,482 |  | $ | 2,458 |  | $ | (11,940) |  | $ | 5,126
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Other comprehensive income of subsidiaries |  |  | (598) |  |  | — |  |  | — |  |  | 598 |  |  | —
﻿Defined benefit pension plan adjustments |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
﻿Foreign currency translation adjustment |  |  | — |  |  | (588) |  |  | — |  |  | — |  |  | (588)
﻿Unrealized loss in fair value of investments |  |  | — |  |  | (10) |  |  | — |  |  | — |  |  | (10)
﻿Unrealized gain in fair value of interest rate swap |  |  | 45 |  |  | — |  |  | — |  |  | — |  |  | 45
﻿Total other comprehensive (loss) income, net of tax |  | $ | (553) |  | $ | (598) |  | $ | — |  | $ | 598 |  | $ | (553)
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Total Comprehensive Income (Loss) |  | $ | 4,573 |  | $ | 8,884 |  | $ | 2,458 |  | $ | (11,342) |  | $ | 4,573
﻿
Condensed Consolidating Balance Sheet | TUTOR PERINI CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET MARCH 31, 2016 ﻿ UNAUDITED ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  | Non- |  |  |  |  |  |
﻿ | Tutor Perini |  | Guarantor |  | Guarantor |  |  |  |  | Total
﻿(in thousands) | Corporation |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
﻿Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Current assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash and cash equivalents | $ | 49,726 |  | $ | 40,151 |  | $ | 705 |  | $ | — |  | $ | 90,582
﻿Restricted cash |  | 3,260 |  |  | 3,686 |  |  | 42,212 |  |  | — |  |  | 49,158
﻿Accounts receivable |  | 393,473 |  |  | 1,300,463 |  |  | 90,244 |  |  | (168,519) |  |  | 1,615,661
﻿Costs and estimated earnings in excess of billings |  | 115,635 |  |  | 816,642 |  |  | 152 |  |  | (74,073) |  |  | 858,356
﻿Deferred income taxes |  | 16,566 |  |  | 9,984 |  |  | — |  |  | — |  |  | 26,550
﻿Other current assets |  | 39,685 |  |  | 41,897 |  |  | 8,478 |  |  | 1,930 |  |  | 91,990
﻿Total current assets | $ | 618,345 |  | $ | 2,212,823 |  | $ | 141,791 |  | $ | (240,662) |  | $ | 2,732,297
﻿Property and equipment |  | 102,371 |  |  | 413,513 |  |  | 4,006 |  |  | — |  |  | 519,890
﻿Intercompany notes and receivables |  | — |  |  | 270,676 |  |  | — |  |  | (270,676) |  |  | —
﻿Other Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Goodwill |  | — |  |  | 585,006 |  |  | — |  |  | — |  |  | 585,006
﻿Intangible assets, net |  | — |  |  | 95,654 |  |  | — |  |  | — |  |  | 95,654
﻿Investment in subsidiaries |  | 2,122,342 |  |  | — |  |  | — |  |  | (2,122,342) |  |  | —
﻿Other Assets |  | 92,320 |  |  | 86,370 |  |  | 25,735 |  |  | (5,790) |  |  | 198,635
﻿Total assets | $ | 2,935,378 |  | $ | 3,664,042 |  | $ | 171,532 |  | $ | (2,639,470) |  | $ | 4,131,482
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Liabilities and stockholders' equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Current maturities of long-term debt | $ | 125,255 |  | $ | 34,715 |  | $ | — |  | $ | (60,000) |  | $ | 99,970
﻿Accounts payable |  | 210,902 |  |  | 974,776 |  |  | 1,634 |  |  | (181,406) |  |  | 1,005,906
﻿Billings in excess of costs and estimated earnings |  | 88,888 |  |  | 198,182 |  |  | 593 |  |  | (2,081) |  |  | 285,582
﻿Accrued expenses and other current liabilities |  | 36,144 |  |  | 79,481 |  |  | 42,514 |  |  | 2,825 |  |  | 160,964
﻿Total current liabilities | $ | 461,189 |  | $ | 1,287,154 |  | $ | 44,741 |  | $ | (240,662) |  | $ | 1,552,422
﻿Long-term debt, less current maturities |  | 655,029 |  |  | 76,524 |  |  | — |  |  | (5,790) |  |  | 725,763
﻿Deferred income taxes |  | 40,066 |  |  | 211,828 |  |  | 22,338 |  |  | — |  |  | 274,232
﻿Other long-term liabilities |  | 104,897 |  |  | 2,323 |  |  | 31,514 |  |  | — |  |  | 138,734
﻿Intercompany notes and advances payable |  | 233,866 |  |  | — |  |  | 36,810 |  |  | (270,676) |  |  | —
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Contingencies and commitments |  | — |  |  | — |  |  | — |  |  | — |  |  | —
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Stockholders’ equity |  | 1,440,331 |  |  | 2,086,213 |  |  | 36,129 |  |  | (2,122,342) |  |  | 1,440,331
﻿Total liabilities and stockholders' equity | $ | 2,935,378 |  | $ | 3,664,042 |  | $ | 171,532 |  | $ | (2,639,470) |  | $ | 4,131,482
TUTOR PERINI CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET DECEMBER 31, 201 5 ﻿ UNAUDITED ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  | Non- |  |  |  |  |  |
﻿ | Tutor Perini |  | Guarantor |  | Guarantor |  |  |  |  | Total
﻿(in thousands) | Corporation |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
﻿Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Current assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash and cash equivalents | $ | 47,196 |  | $ | 26,892 |  | $ | 1,364 |  | $ | — |  | $ | 75,452
﻿Restricted cash |  | 3,369 |  |  | 3,283 |  |  | 39,201 |  |  | — |  |  | 45,853
﻿Accounts receivable |  | 358,437 |  |  | 1,179,919 |  |  | 82,004 |  |  | (146,745) |  |  | 1,473,615
﻿Costs and estimated earnings in excess of billings |  | 114,580 |  |  | 868,026 |  |  | 152 |  |  | (77,583) |  |  | 905,175
﻿Deferred income taxes |  | 2,255 |  |  | 21,356 |  |  | 2,695 |  |  | — |  |  | 26,306
﻿Other current assets |  | 60,119 |  |  | 48,482 |  |  | 11,662 |  |  | (11,419) |  |  | 108,844
﻿Total current assets | $ | 585,956 |  | $ | 2,147,958 |  | $ | 137,078 |  | $ | (235,747) |  | $ | 2,635,245
﻿Property and equipment |  | 105,306 |  |  | 414,143 |  |  | 4,076 |  |  | — |  |  | 523,525
﻿Intercompany notes and receivables |  | — |  |  | 148,637 |  |  | — |  |  | (148,637) |  |  | —
﻿Other Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Goodwill |  | — |  |  | 585,006 |  |  | — |  |  | — |  |  | 585,006
﻿Intangible assets, net |  | — |  |  | 96,540 |  |  | — |  |  | — |  |  | 96,540
﻿Investment in subsidiaries |  | 1,962,983 |  |  | — |  |  | — |  |  | (1,962,983) |  |  | —
﻿Other Assets |  | 58,722 |  |  | 128,094 |  |  | 15,268 |  |  | (5,723) |  |  | 196,361
﻿Total assets | $ | 2,712,967 |  | $ | 3,520,378 |  | $ | 156,422 |  | $ | (2,353,090) |  | $ | 4,036,677
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Liabilities and stockholders' equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Current liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Current maturities of long-term debt | $ | 107,283 |  | $ | 41,634 |  | $ | — |  | $ | (60,000) |  | $ | 88,917
﻿Accounts payable |  | 211,679 |  |  | 890,268 |  |  | 3,222 |  |  | (167,705) |  |  | 937,464
﻿Billings in excess of costs and estimated earnings |  | 89,303 |  |  | 203,003 |  |  | 1,716 |  |  | (5,711) |  |  | 288,311
﻿Accrued expenses and other current liabilities |  | 6,145 |  |  | 115,392 |  |  | 39,810 |  |  | (2,331) |  |  | 159,016
﻿Total current liabilities | $ | 414,410 |  | $ | 1,250,297 |  | $ | 44,748 |  | $ | (235,747) |  | $ | 1,473,708
﻿Long-term debt, less current maturities |  | 653,669 |  |  | 80,821 |  |  | — |  |  | (5,723) |  |  | 728,767
﻿Deferred income taxes |  | — |  |  | 273,310 |  |  | — |  |  | — |  |  | 273,310
﻿Other long-term liabilities |  | 106,588 |  |  | 3,278 |  |  | 30,799 |  |  | — |  |  | 140,665
﻿Intercompany notes and advances payable |  | 118,073 |  |  | — |  |  | 30,564 |  |  | (148,637) |  |  | —
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Contingencies and commitments |  | — |  |  | — |  |  | — |  |  | — |  |  | —
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Stockholders’ equity |  | 1,420,227 |  |  | 1,912,672 |  |  | 50,311 |  |  | (1,962,983) |  |  | 1,420,227
﻿Total liabilities and stockholders' equity | $ | 2,712,967 |  | $ | 3,520,378 |  | $ | 156,422 |  | $ | (2,353,090) |  | $ | 4,036,677
﻿
Condensed Consolidating Statement of Cash Flows | TUTOR PERINI CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED MARCH 31, 2016 ﻿ UNAUDITED ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  | Non- |  |  |  |  |  |
﻿ |  | Tutor Perini |  | Guarantor |  | Guarantor |  |  |  |  | Total
﻿(in thousands) |  | Corporation |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
﻿Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Net income (loss) |  | $ | 15,400 |  | $ | 19,119 |  | $ | 3,960 |  | $ | (23,079) |  | $ | 15,400
﻿Adjustments to reconcile net income to net cash from operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Depreciation and amortization |  |  | 5,626 |  |  | 8,800 |  |  | 70 |  |  | — |  |  | 14,496
﻿Equity in earnings of subsidiaries |  |  | (23,079) |  |  | — |  |  | — |  |  | 23,079 |  |  | —
﻿Share-based compensation expense |  |  | 3,647 |  |  | — |  |  | — |  |  | — |  |  | 3,647
﻿Deferred income taxes |  |  | (153) |  |  | (2) |  |  | — |  |  | — |  |  | (155)
﻿(Gain) loss on sale of property and equipment |  |  | 202 |  |  | 83 |  |  | — |  |  | — |  |  | 285
﻿Other long-term liabilities |  |  | (3,822) |  |  | (954) |  |  | 715 |  |  | — |  |  | (4,061)
﻿Other non-cash items |  |  | (90) |  |  | 1,489 |  |  | — |  |  | — |  |  | 1,399
﻿Changes in other components of working capital |  |  | 12,879 |  |  | (25,578) |  |  | (2,368) |  |  | — |  |  | (15,067)
﻿NET CASH PROVIDED BY OPERATING ACTIVITIES |  | $ | 10,610 |  | $ | 2,957 |  | $ | 2,377 |  | $ | — |  | $ | 15,944
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Acquisition of property and equipment excluding financed purchases |  |  | (1,282) |  |  | (3,530) |  |  | — |  |  | — |  |  | (4,812)
﻿Proceeds from sale of property and equipment |  |  | 75 |  |  | 864 |  |  | — |  |  | — |  |  | 939
﻿(Increase) decrease in intercompany advances |  |  | — |  |  | 24,653 |  |  | — |  |  | (24,653) |  |  | —
﻿Change in restricted cash |  |  | 109 |  |  | (403) |  |  | (3,011) |  |  | — |  |  | (3,305)
﻿NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES |  | $ | (1,098) |  | $ | 21,584 |  | $ | (3,011) |  | $ | (24,653) |  | $ | (7,178)
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Proceeds from debt |  |  | 299,785 |  |  | — |  |  | — |  |  | — |  |  | 299,785
﻿Repayment of debt |  |  | (276,202) |  |  | (11,282) |  |  | — |  |  | — |  |  | (287,484)
﻿Debt Issuance Costs |  |  | (5,937) |  |  | — |  |  | — |  |  | — |  |  | (5,937)
﻿Increase (decrease) in intercompany advances |  |  | (24,628) |  |  | — |  |  | (25) |  |  | 24,653 |  |  | —
﻿NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES |  | $ | (6,982) |  | $ | (11,282) |  | $ | (25) |  | $ | 24,653 |  | $ | 6,364
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Net (decrease) increase in cash and cash equivalents |  |  | 2,530 |  |  | 13,259 |  |  | (659) |  |  | — |  |  | 15,130
﻿Cash and cash equivalents at beginning of year |  |  | 47,196 |  |  | 26,892 |  |  | 1,364 |  |  | — |  |  | 75,452
﻿Cash and cash equivalents at end of period |  | $ | 49,726 |  | $ | 40,151 |  | $ | 705 |  | $ | — |  | $ | 90,582
TUTOR PERINI CORPORATION AND SUBSIDIARIE S CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED MARCH 31, 2015 ﻿ UNAUDITED ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  | Non- |  |  |  |  |  |
﻿ |  | Tutor Perini |  | Guarantor |  | Guarantor |  |  |  |  | Total
﻿(in thousands) |  | Corporation |  | Subsidiaries |  | Subsidiaries |  | Eliminations |  | Consolidated
﻿Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Net income (loss) |  | $ | 5,126 |  | $ | 9,482 |  | $ | 2,458 |  | $ | (11,940) |  | $ | 5,126
﻿Adjustments to reconcile net income to net cash from operating activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Depreciation and amortization |  |  | 5,223 |  |  | 5,303 |  |  | 68 |  |  | — |  |  | 10,594
﻿Equity in earnings of subsidiaries |  |  | (11,940) |  |  | — |  |  | — |  |  | 11,940 |  |  | —
﻿Share-based compensation expense |  |  | 9,159 |  |  | — |  |  | — |  |  | — |  |  | 9,159
﻿Deferred income taxes |  |  | (24,392) |  |  | 24,392 |  |  | — |  |  | — |  |  | —
﻿(Gain) loss on sale of investments |  |  | (17) |  |  | 17 |  |  | — |  |  | — |  |  | —
﻿(Gain) loss on sale of property and equipment |  |  | 17 |  |  | (293) |  |  | — |  |  | — |  |  | (276)
﻿Other long-term liabilities |  |  | (1,288) |  |  | 3,669 |  |  | — |  |  | — |  |  | 2,381
﻿Other non-cash items |  |  | 1,176 |  |  | (3,403) |  |  | — |  |  | — |  |  | (2,227)
﻿Changes in other components of working capital |  |  | (73,266) |  |  | 43,701 |  |  | 2,484 |  |  | — |  |  | (27,081)
﻿NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES |  | $ | (90,202) |  | $ | 82,868 |  | $ | 5,010 |  | $ | — |  | $ | (2,324)
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Acquisition of property and equipment |  |  | (729) |  |  | (4,962) |  |  | — |  |  | — |  |  | (5,691)
﻿Proceeds from sale of property and equipment |  |  | — |  |  | 798 |  |  | — |  |  | — |  |  | 798
﻿Decrease (increase) in intercompany advances |  |  | — |  |  | (57,146) |  |  | — |  |  | 57,146 |  |  | —
﻿Change in restricted cash |  |  | — |  |  | 283 |  |  | (6) |  |  | — |  |  | 277
﻿NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES |  | $ | (729) |  | $ | (61,027) |  | $ | (6) |  | $ | 57,146 |  | $ | (4,616)
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Proceeds from debt |  |  | 280,200 |  |  | — |  |  | — |  |  | — |  |  | 280,200
﻿Repayment of debt |  |  | (252,748) |  |  | (9,364) |  |  | — |  |  | — |  |  | (262,112)
﻿Issuance of common stock and effect of cashless exercise |  |  | (773) |  |  | — |  |  | — |  |  | — |  |  | (773)
﻿Increase (decrease) in intercompany advances |  |  | 61,103 |  |  | — |  |  | (3,957) |  |  | (57,146) |  |  | —
﻿NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES |  | $ | 87,782 |  | $ | (9,364) |  | $ | (3,957) |  | $ | (57,146) |  | $ | 17,315
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Net (decrease) increase in cash and cash equivalents |  |  | (3,149) |  |  | 12,477 |  |  | 1,047 |  |  | — |  |  | 10,375
﻿Cash and cash equivalents at beginning of year |  |  | 75,087 |  |  | 36,764 |  |  | 23,732 |  |  | — |  |  | 135,583
﻿Cash and cash equivalents at end of period |  | $ | 71,938 |  | $ | 49,241 |  | $ | 24,779 |  | $ | — |  | $ | 145,958
﻿

X
- References No definition available. + Details
Name: | tpc_SeparateFinancialInformationOfSubsidiaryGuarantorsOfIndebtednessAbstract
Namespace Prefix: | tpc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration