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Other Comprehensive Income (Loss) | 9 Months Ended
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Sep. 30, 2018
Other Comprehensive Income (Loss) [Abstract] |
Other Comprehensive Income (Loss) | (14) 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 pension benefit plan assets/liabilities, cumulative foreign currency translation and change in fair value of investments as components of accumulated other comprehensive income (loss) (“AOCI”). ﻿ The tax effects of the components of other comprehensive income (loss) for the three months ended September 30, 2018 and 2017 are as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | Three Months Ended |  | Three Months Ended
﻿ | September 30, 2018 |  | September 30, 2017
﻿(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 (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Defined benefit pension plan adjustments | $ | 513 |  | $ | (148) |  | $ | 365 |  | $ | 456 |  | $ | (187) |  | $ | 269
﻿Foreign currency translation adjustments |  | 519 |  |  | (143) |  |  | 376 |  |  | 1,232 |  |  | (506) |  |  | 726
﻿Unrealized gain (loss) in fair value of investments |  | (173) |  |  | 44 |  |  | (129) |  |  | 21 |  |  | (9) |  |  | 12
﻿Total other comprehensive income (loss) |  | 859 |  |  | (247) |  |  | 612 |  |  | 1,709 |  |  | (702) |  |  | 1,007
﻿Total other comprehensive income (loss) attributable to Tutor Perini Corporation | $ | 859 |  | $ | (247) |  | $ | 612 |  | $ | 1,709 |  | $ | (702) |  | $ | 1,007
﻿ The tax effects of the components of other comprehensive income (loss) for the nine months ended September 30, 2018 and 2017 are as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ | Nine Months Ended |  | Nine Months Ended
﻿ | September 30, 2018 |  | September 30, 2017
﻿(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 (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Defined benefit pension plan adjustments | $ | 1,539 |  | $ | (439) |  | $ | 1,100 |  | $ | 1,368 |  | $ | (562) |  | $ | 806
﻿Foreign currency translation adjustment |  | (2,034) |  |  | 602 |  |  | (1,432) |  |  | 2,242 |  |  | (921) |  |  | 1,321
﻿Unrealized gain (loss) in fair value of investments |  | (1,468) |  |  | 325 |  |  | (1,143) |  |  | (20) |  |  | 8 |  |  | (12)
﻿Total other comprehensive income (loss) |  | (1,963) |  |  | 488 |  |  | (1,475) |  |  | 3,590 |  |  | (1,475) |  |  | 2,115
﻿Total other comprehensive income (loss) attributable to Tutor Perini Corporation | $ | (1,963) |  | $ | 488 |  | $ | (1,475) |  | $ | 3,590 |  | $ | (1,475) |  | $ | 2,115
﻿ The changes in AOCI balances by component (after tax) during the three and nine months ended September 30, 2018 are as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Three Months Ended September 30, 2018
﻿ | 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 June 30, 2018 | $ | (38,706) |  | $ | (5,399) |  | $ | (700) |  | $ | (44,805)
﻿Other comprehensive income (loss) before reclassifications |  | — |  |  | 376 |  |  | (145) |  |  | 231
﻿Amounts reclassified from AOCI |  | 365 |  |  | — |  |  | 16 |  |  | 381
﻿Total other comprehensive income (loss) |  | 365 |  |  | 376 |  |  | (129) |  |  | 612
﻿Balance as of September 30, 2018 | $ | (38,341) |  | $ | (5,023) |  | $ | (829) |  | $ | (44,193)
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Nine Months Ended September 30, 2018
﻿ | 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, 2017 | $ | (39,441) |  | $ | (3,591) |  | $ | 314 |  | $ | (42,718)
﻿Other comprehensive income (loss) before reclassifications |  | — |  |  | (1,432) |  |  | (1,159) |  |  | (2,591)
﻿Amounts reclassified from AOCI |  | 1,100 |  |  | — |  |  | 16 |  |  | 1,116
﻿Total other comprehensive income (loss) |  | 1,100 |  |  | (1,432) |  |  | (1,143) |  |  | (1,475)
﻿Balance as of September 30, 2018 | $ | (38,341) |  | $ | (5,023) |  | $ | (829) |  | $ | (44,193)
﻿ The changes in AOCI balance by component (after tax) for the three and nine months ended September 30, 2017 are as follows: ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Three 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 June 30, 2017 | $ | (40,328) |  | $ | (4,269) |  | $ | 292 |  | $ | (44,305)
﻿Other comprehensive income (loss) before reclassifications |  | — |  |  | 726 |  |  | 12 |  |  | 738
﻿Amounts reclassified from AOCI |  | 269 |  |  | — |  |  | — |  |  | 269
﻿Total other comprehensive income (loss) |  | 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 |  | 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 income (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)

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- References No definition available. + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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