XML 38 R22.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Summary of Significant Accounting Policies [Abstract] |
Costs and Estimated Earnings in Excess of Billings | ﻿
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ | As of December 31,
﻿(in thousands) | 2016 |  | 2015
﻿Claims | $ | 477,425 |  | $ | 407,164
﻿Unapproved change orders |  | 207,475 |  |  | 270,019
﻿Other unbilled costs and profits |  | 146,926 |  |  | 227,992
﻿Total costs and estimated earnings in excess of billings | $ | 831,826 |  | $ | 905,175
﻿
Calculations of Basic and Diluted EPS |
﻿ |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |
﻿ | Year Ended December 31,
﻿(in thousands, except per share data) | 2016 |  | 2015 |  | 2014
﻿Net income | $ | 95,822 |  | $ | 45,292 |  | $ | 107,936
﻿ |  |  |  |  |  |  |  |
﻿Weighted-average common shares outstanding — basic |  | 49,150 |  |  | 48,981 |  |  | 48,562
﻿Effect of diluted stock options and unvested restricted stock |  | 714 |  |  | 685 |  |  | 552
﻿Weighted-average common shares outstanding — diluted |  | 49,864 |  |  | 49,666 |  |  | 49,114
﻿ |  |  |  |  |  |  |  |
﻿Net income per share: |  |  |  |  |  |  |  |
﻿Basic | $ | 1.95 |  | $ | 0.92 |  | $ | 2.22
﻿Diluted | $ | 1.92 |  | $ | 0.91 |  | $ | 2.20
﻿Anti-dilutive securities not included above |  | 1,132 |  |  | 1,372 |  |  | 9
﻿
Cash and Cash Equivalents and Restricted Cash |
﻿ |  |  |  |  |
﻿ |  |  |  |  |
﻿ | As of December 31,
﻿(in thousands) | 2016 |  | 2015
﻿Cash and cash equivalents | $ | 49,539 |  | $ | 18,409
﻿Company's share of joint-venture cash and cash equivalents |  | 96,564 |  |  | 57,043
﻿Total cash and cash equivalents | $ | 146,103 |  | $ | 75,452
﻿ |  |  |  |  |
﻿Restricted cash | $ | 50,504 |  | $ | 45,853
﻿
Tax Effects of Componenets of Other Comprehensive Income (Loss) |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | Year Ended December 31,
﻿ | 2016 |  | 2015 |  | 2014
﻿(in thousands) | Before-Tax Amount |  | Tax Benefit |  | Net-of-Tax Amount |  | Before-Tax Amount |  | Tax (Expense) Benefit |  | Net-of-Tax Amount |  | Before-Tax Amount |  | Tax (Expense) Benefit |  | Net-of-Tax Amount
﻿Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Defined benefit pension plan adjustments | $ | (4,452) |  | $ | 1,829 |  | $ | (2,623) |  | $ | 31 |  | $ | 1,995 |  | $ | 2,026 |  | $ | (13,887) |  | $ | 5,732 |  | $ | (8,155)
﻿Foreign currency translation adjustment |  | (439) |  |  | 178 |  |  | (261) |  |  | (5,897) |  |  | 2,683 |  |  | (3,214) |  |  | (1,086) |  |  | 448 |  |  | (638)
﻿Unrealized gain (loss) in fair value of investments |  | (576) |  |  | 236 |  |  | (340) |  |  | 1,123 |  |  | (357) |  |  | 766 |  |  | 346 |  |  | (141) |  |  | 205
﻿Unrealized gain (loss) in fair value of interest rate swap |  | (45) |  |  | 21 |  |  | (24) |  |  | (37) |  |  | (88) |  |  | (125) |  |  | 594 |  |  | (245) |  |  | 349
﻿Total other comprehensive income (loss) | $ | (5,512) |  | $ | 2,264 |  | $ | (3,248) |  | $ | (4,780) |  | $ | 4,233 |  | $ | (547) |  | $ | (14,033) |  | $ | 5,794 |  | $ | (8,239)
﻿
Changes in AOCI Balances by Component |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿(in thousands) | Defined Benefit Pension Plan |  | Foreign Currency Translation |  | Unrealized Gain (Loss) in Fair Value of Investments |  | Unrealized Gain (Loss) in Fair Value of Interest Rate Swap |  | Accumulated Other Comprehensive Loss
﻿Balance as of December 31, 2013 | $ | (32,113) |  | $ | (751) |  | $ | (315) |  | $ | (200) |  | $ | (33,379)
﻿Other comprehensive income (loss) |  | (8,155) |  |  | (638) |  |  | 205 |  |  | 349 |  |  | (8,239)
﻿Balance as of December 31, 2014 | $ | (40,268) |  | $ | (1,389) |  | $ | (110) |  | $ | 149 |  | $ | (41,618)
﻿Other comprehensive income (loss) |  | 2,026 |  |  | (3,214) |  |  | 766 |  |  | (125) |  |  | (547)
﻿Balance as of December 31, 2015 | $ | (38,242) |  | $ | (4,603) |  | $ | 656 |  | $ | 24 |  | $ | (42,165)
﻿Other comprehensive loss before reclassifications |  | (3,722) |  |  | (261) |  |  | (340) |  |  | (24) |  |  | (4,347)
﻿Amounts reclassified from AOCI |  | 1,099 |  |  | — |  |  | — |  |  | — |  |  | 1,099
﻿Balance as of December 31, 2016 | $ | (40,865) |  | $ | (4,864) |  | $ | 316 |  | $ | — |  | $ | (45,413)
﻿
Schedule Of Items Reclassified Out Of AOCI And The Corresponding Location And Impact On The Consolidated Statement Of Operations |
﻿ |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |
﻿ | Location in Consolidated |  | Year Ended December 31,
﻿(in thousands) | Statements of Earnings |  | 2016 |  | 2015 |  | 2014
﻿Component of AOCI: |  |  |  |  |  |  |  |  |  |
﻿Defined benefit pension plan adjustments | Various accounts |  | $ | 1,745 |  | $ | — |  | $ | —
﻿Income tax benefit | Provision for income taxes |  |  | (646) |  |  | — |  |  | —
﻿Net of tax |  |  | $ | 1,099 |  | $ | — |  | $ | —
﻿

X
- Definition Tabular disclosure of the components of cash and cash equivalents and the cash and cash items which are restricted as to withdrawal or usage. The provisions of any restrictions are described in a note to the financial statements. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. + References No definition available. + Details
Name: | tpc_ScheduleOfCashAndCashEquivalentsAndRestrictedCashTableTextBlock
Namespace Prefix: | tpc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure for billings on uncompleted contracts in excess of costs and costs of uncompleted contracts in excess of billings. + References No definition available. + Details
Name: | us-gaap_CostsInExcessOfBillingsAndBillingsInExcessOfCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration