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Other Comprehensive Income (Loss) | 9 Months Ended
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Sep. 30, 2017
Other Comprehensive Income (Loss) [Abstract] |
Other Comprehensive Income (Loss) | (13) Other Comprehensive Income (Loss) ﻿ ASC 220, Comprehensive Income, establishes standards for reporting and displaying comprehensive income and its components in the consolidated financial statements. The Company reports the change in p ension benefit plan assets/liabilities, cumulative foreign currency translation, change in fair value of investments and change in fair value of an interest rate swap as components of accumulated other comprehensive loss (“AOCI”). ﻿ The tax effects of the components of other comprehensive income (loss) for the three months ended September 30, 2017 and 2016 are as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | Three Months Ended |  | Three Months Ended
﻿ | September 30, 2017 |  | September 30, 2016
﻿(in thousands) | Before-Tax Amount |  | Tax Expense |  | Net-of-Tax Amount |  | Before-Tax Amount |  | Tax (Expense) Benefit |  | Net-of-Tax Amount
﻿Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Defined benefit pension plan adjustments | $ | 456 |  | $ | (187) |  | $ | 269 |  | $ | 427 |  | $ | (179) |  | $ | 248
﻿Foreign currency translation adjustments |  | 1,232 |  |  | (506) |  |  | 726 |  |  | (708) |  |  | 297 |  |  | (411)
﻿Unrealized gain (loss) in fair value of investments |  | 21 |  |  | (9) |  |  | 12 |  |  | (145) |  |  | 66 |  |  | (79)
﻿Total other comprehensive income (loss) |  | 1,709 |  |  | (702) |  |  | 1,007 |  |  | (426) |  |  | 184 |  |  | (242)
﻿Other comprehensive income (loss) attributable to Tutor Perini Corporation | $ | 1,709 |  | $ | (702) |  | $ | 1,007 |  | $ | (426) |  | $ | 184 |  | $ | (242)
﻿ The tax effects of the components of other comprehensive income (los s) for the nine months ended September 30, 2017 and 2016 are as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | Nine Months Ended |  | Nine Months Ended
﻿ | September 30, 2017 |  | September 30, 2016
﻿(in thousands) | Before-Tax Amount |  | Tax (Expense) Benefit |  | Net-of-Tax Amount |  | Before-Tax Amount |  | Tax (Expense) Benefit |  | Net-of-Tax Amount
﻿Other comprehensive income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Defined benefit pension plan adjustments | $ | 1,368 |  | $ | (562) |  | $ | 806 |  | $ | 1,280 |  | $ | (461) |  | $ | 819
﻿Foreign currency translation adjustment |  | 2,242 |  |  | (921) |  |  | 1,321 |  |  | 500 |  |  | (239) |  |  | 261
﻿Unrealized loss in fair value of investments |  | (20) |  |  | 8 |  |  | (12) |  |  | (403) |  |  | 179 |  |  | (224)
﻿Unrealized loss in fair value of interest rate swap |  | — |  |  | — |  |  | — |  |  | (45) |  |  | 21 |  |  | (24)
﻿Total other comprehensive income |  | 3,590 |  |  | (1,475) |  |  | 2,115 |  |  | 1,332 |  |  | (500) |  |  | 832
﻿Other comprehensive income attributable to Tutor Perini Corporation | $ | 3,590 |  | $ | (1,475) |  | $ | 2,115 |  | $ | 1,332 |  | $ | (500) |  | $ | 832
﻿ The changes in AOCI balances by component (after tax) during the three and nine months ended September 30, 2017 are as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Three Months Ended September 30, 2017
﻿ | Defined |  |  |  | Unrealized |  | Accumulated
﻿ | Benefit |  | Foreign |  | Gain in |  | Other
﻿ | Pension |  | Currency |  | Fair Value of |  | Comprehensive
﻿(in thousands) | Plan |  | Translation |  | Investments, Net |  | Loss
﻿Attributable to Tutor Perini Corporation: |  |  |  |  |  |  |  |  |  |  |
﻿Balance as of June 30, 2017 | $ | (40,328) |  | $ | (4,269) |  | $ | 292 |  | $ | (44,305)
﻿Other comprehensive gain before reclassifications |  | — |  |  | 726 |  |  | 12 |  |  | 738
﻿Amounts reclassified from AOCI |  | 269 |  |  | — |  |  | — |  |  | 269
﻿Total other comprehensive income |  | 269 |  |  | 726 |  |  | 12 |  |  | 1,007
﻿Balance as of September 30, 2017 | $ | (40,059) |  | $ | (3,543) |  | $ | 304 |  | $ | (43,298)
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Nine Months Ended September 30, 2017
﻿ | Defined |  |  |  | Unrealized |  | Accumulated
﻿ | Benefit |  | Foreign |  | Gain (Loss) in |  | Other
﻿ | Pension |  | Currency |  | Fair Value of |  | Comprehensive
﻿(in thousands) | Plan |  | Translation |  | Investments, Net |  | Loss
﻿Attributable to Tutor Perini Corporation: |  |  |  |  |  |  |  |  |  |  |
﻿Balance as of December 31, 2016 | $ | (40,865) |  | $ | (4,864) |  | $ | 316 |  | $ | (45,413)
﻿Other comprehensive gain (loss) before reclassifications |  | — |  |  | 1,321 |  |  | (12) |  |  | 1,309
﻿Amounts reclassified from AOCI |  | 806 |  |  | — |  |  | — |  |  | 806
﻿Total other comprehensive income (loss) |  | 806 |  |  | 1,321 |  |  | (12) |  |  | 2,115
﻿Balance as of September 30, 2017 | $ | (40,059) |  | $ | (3,543) |  | $ | 304 |  | $ | (43,298)
﻿ The changes in AOCI balance by component (after tax) for the three and nine months ended September 30, 2016 are as follows: ﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | Three Months Ended September 30, 2016
﻿ |  |  |  |  |  |  | Unrealized |  |
﻿ | Defined |  |  |  | Unrealized |  | Gain (Loss) in |  | Accumulated
﻿ | Benefit |  | Foreign |  | Gain (Loss) in |  | Fair Value of |  | Other
﻿ | Pension |  | Currency |  | Fair Value of |  | Interest Rate |  | Comprehensive
﻿(in thousands) | Plan |  | Translation |  | Investments, Net |  | Swap, Net |  | Loss
﻿Attributable to Tutor Perini Corporation: |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Balance as of June 30, 2016 | $ | (37,671) |  | $ | (3,931) |  | $ | 511 |  | $ | — |  | $ | (41,091)
﻿Other comprehensive loss before reclassifications |  | — |  |  | (411) |  |  | (79) |  |  | — |  |  | (490)
﻿Amounts reclassified from AOCI |  | 248 |  |  | — |  |  | — |  |  | — |  |  | 248
﻿Total other comprehensive income (loss) |  | 248 |  |  | (411) |  |  | (79) |  |  | — |  |  | (242)
﻿Balance as of September 30, 2016 | $ | (37,423) |  | $ | (4,342) |  | $ | 432 |  | $ | — |  | $ | (41,333)
﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | Nine Months Ended September 30, 2016
﻿ |  |  |  |  |  |  | Unrealized |  |
﻿ | Defined |  |  |  | Unrealized |  | Gain (Loss) in |  | Accumulated
﻿ | Benefit |  | Foreign |  | Gain (Loss) in |  | Fair Value of |  | Other
﻿ | Pension |  | Currency |  | Value of |  | Interest Rate |  | Comprehensive
﻿(in thousands) | Plan |  | Translation |  | Investments, Net |  | Swap, Net |  | Loss
﻿Attributable to Tutor Perini Corporation: |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Balance as of December 31, 2015 | $ | (38,242) |  | $ | (4,603) |  | $ | 656 |  | $ | 24 |  | $ | (42,165)
﻿Other comprehensive gain (loss) before reclassifications |  | — |  |  | 261 |  |  | (224) |  |  | (24) |  |  | 13
﻿Amounts reclassified from AOCI |  | 819 |  |  | — |  |  | — |  |  | — |  |  | 819
﻿Total other comprehensive income (loss) |  | 819 |  |  | 261 |  |  | (224) |  |  | (24) |  |  | 832
﻿Balance as of September 30, 2016 | $ | (37,423) |  | $ | (4,342) |  | $ | 432 |  | $ | — |  | $ | (41,333)
﻿ The significant items reclassified out of AOCI and the corresponding location and impact on the Condensed Consolidated Statement of Operations are as follows: ﻿ ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Location in |  | Three Months Ended |  | Nine Months Ended
﻿ |  | Condensed Consolidated |  | September 30, |  | September 30,
﻿(in thousands) |  | Statements of Operations |  | 2017 |  | 2016 |  | 2017 |  | 2016
﻿Defined benefit pension plan adjustments |  | Various accounts(a) |  | $ | 456 |  | $ | 427 |  | $ | 1,368 |  | $ | 1,280
﻿Income tax benefit |  | Provision for income taxes |  |  | (187) |  |  | (179) |  |  | (562) |  |  | (461)
﻿Net of tax |  |  |  | $ | 269 |  | $ | 248 |  | $ | 806 |  | $ | 819
(a)Defined benefit pension plan adjustments were reclassified to cost of operations and general and administrative expenses.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
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