2022 Q4 Form 10-Q Financial Statement

#000007754322000077 Filed on November 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $906.6M $1.071B
YoY Change -12.55% -9.11%
Cost Of Revenue $943.5M $1.021B
YoY Change 2.3% -4.1%
Gross Profit -$36.85M $50.34M
YoY Change -132.19% -55.83%
Gross Profit Margin -4.06% 4.7%
Selling, General & Admin $60.56M $57.23M
YoY Change 4.03% -7.52%
% of Gross Profit 113.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.31M $15.53M
YoY Change -60.4% -48.33%
% of Gross Profit 30.86%
Operating Expenses $60.56M $57.23M
YoY Change 4.03% -7.52%
Operating Profit -$97.41M -$6.892M
YoY Change -273.16% -113.23%
Interest Expense -$19.93M $17.02M
YoY Change 20.16% 1.92%
% of Operating Profit
Other Income/Expense, Net $1.618M $397.0K
YoY Change 87.7% -185.56%
Pretax Income -$115.7M -$23.51M
YoY Change -385.5% -167.3%
Income Tax -$28.05M $600.0K
% Of Pretax Income
Net Earnings -$92.92M -$32.46M
YoY Change -416.78% -310.83%
Net Earnings / Revenue -10.25% -3.03%
Basic Earnings Per Share -$0.63
Diluted Earnings Per Share -$1.80 -$0.63
COMMON SHARES
Basic Shares Outstanding 51.49M shares 51.36M shares
Diluted Shares Outstanding 51.40M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $259.4M $323.2M
YoY Change 28.27% 72.34%
Cash & Equivalents $259.4M $323.2M
Short-Term Investments
Other Short-Term Assets $179.2M $196.4M
YoY Change -4.05% -3.99%
Inventory
Prepaid Expenses
Receivables $3.134B $3.285B
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.679B $3.906B
YoY Change -4.76% -0.8%
LONG-TERM ASSETS
Property, Plant & Equipment $435.1M $429.9M
YoY Change 1.27% -2.51%
Goodwill $205.1M $205.1M
YoY Change 0.0% 0.0%
Intangibles $70.54M $71.10M
YoY Change -17.08% -26.3%
Long-Term Investments
YoY Change
Other Assets $153.3M $148.8M
YoY Change 7.51% 0.7%
Total Long-Term Assets $864.0M $854.9M
YoY Change 0.19% -3.98%
TOTAL ASSETS
Total Short-Term Assets $3.679B $3.906B
Total Long-Term Assets $864.0M $854.9M
Total Assets $4.543B $4.761B
YoY Change -3.85% -1.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $495.3M $589.7M
YoY Change -3.26% -10.13%
Accrued Expenses $179.5M $216.9M
YoY Change -14.52% 4.36%
Deferred Revenue $975.8M $966.1M
YoY Change 28.11% 27.97%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $70.29M $26.88M
YoY Change 187.98% -4.12%
Total Short-Term Liabilities $1.968B $2.041B
YoY Change 10.71% 5.59%
LONG-TERM LIABILITIES
Long-Term Debt $888.2M $934.3M
YoY Change -8.37% -0.61%
Other Long-Term Liabilities $240.5M $252.5M
YoY Change 2.85% 4.73%
Total Long-Term Liabilities $1.129B $1.187B
YoY Change -6.19% 0.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.968B $2.041B
Total Long-Term Liabilities $1.129B $1.187B
Total Liabilities $3.101B $3.242B
YoY Change 1.63% 1.39%
SHAREHOLDERS EQUITY
Retained Earnings $304.3M $397.2M
YoY Change -40.83% -18.1%
Common Stock $1.192B $1.191B
YoY Change 0.69% 0.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.450B $1.537B
YoY Change
Total Liabilities & Shareholders Equity $4.543B $4.761B
YoY Change -3.85% -1.38%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$92.92M -$32.46M
YoY Change -416.78% -310.83%
Depreciation, Depletion And Amortization $10.31M $15.53M
YoY Change -60.4% -48.33%
Cash From Operating Activities -$44.31M $72.58M
YoY Change -1164.05% -440.5%
INVESTING ACTIVITIES
Capital Expenditures $16.97M -$13.96M
YoY Change -248.45% 68.2%
Acquisitions
YoY Change
Other Investing Activities -$9.782M $2.996M
YoY Change -291.17% 2528.07%
Cash From Investing Activities -$26.75M -$10.97M
YoY Change 323.64% 33.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -126.0K -30.35M
YoY Change -100.66% 201.9%
NET CHANGE
Cash From Operating Activities -44.31M 72.58M
Cash From Investing Activities -26.75M -10.97M
Cash From Financing Activities -126.0K -30.35M
Net Change In Cash -71.19M 31.26M
YoY Change -520.25% -179.04%
FREE CASH FLOW
Cash From Operating Activities -$44.31M $72.58M
Capital Expenditures $16.97M -$13.96M
Free Cash Flow -$61.28M $86.54M
YoY Change -492.91% -765.01%

Facts In Submission

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CY2022Q3 us-gaap Commitments And Contingencies
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CY2021Q4 us-gaap Commitments And Contingencies
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CY2022Q3 us-gaap Common Stock Shares Authorized
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CY2022Q3 us-gaap Common Stock Shares Issued
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CY2022Q3 us-gaap Common Stock Shares Outstanding
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CY2021Q4 us-gaap Common Stock Shares Outstanding
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CY2021Q4 us-gaap Common Stock Value
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397218000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
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1519363000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1673720000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
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4760974000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Depreciation
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40088000 usd
us-gaap Depreciation
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65550000 usd
us-gaap Amortization Of Intangible Assets
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13966000 usd
us-gaap Amortization Of Intangible Assets
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26646000 usd
us-gaap Share Based Compensation
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7681000 usd
us-gaap Share Based Compensation
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us-gaap Amortization Of Financing Costs And Discounts
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2751000 usd
us-gaap Amortization Of Financing Costs And Discounts
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4802000 usd
us-gaap Increase Decrease In Deferred Income Taxes
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53365000 usd
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us-gaap Gain Loss On Sale Of Property Plant Equipment
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183000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Increase Decrease In Other Operating Capital Net
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363074000 usd
CY2022Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
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54200000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
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10862000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
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11225000 usd
us-gaap Other Noncash Income Expense
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4146000 usd
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251278000 usd
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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6738000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
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5236000 usd
us-gaap Payments To Acquire Marketable Securities
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us-gaap Payments To Acquire Marketable Securities
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
164100000 usd
us-gaap Proceeds From Issuance Of Debt
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us-gaap Proceeds From Issuance Of Debt
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448270000 usd
us-gaap Repayments Of Debt
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533452000 usd
us-gaap Repayments Of Debt
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510146000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1389000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1627000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
46500000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
17250000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
3961000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
7000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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133621000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-257395000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
211396000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
451852000 usd
CY2021Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
2100000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
345017000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
194457000 usd
us-gaap Basis Of Accounting
BasisOfAccounting
Basis of Presentation<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Condensed Consolidated Financial Statements do not include footnotes and certain financial information normally presented annually under generally accepted accounting principles in the United States (“GAAP”). Therefore, they should be read in conjunction with the audited consolidated financial statements and the related notes included in Tutor Perini Corporation’s (the “Company”) Annual Report on Form 10-K for the year ended December 31, 2021. The results of operations for the three and nine months ended September 30, 2022 may not be indicative of the results that will be achieved for the full year ending December 31, 2022.</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements reflect all adjustments, including those of a normal recurring nature, necessary to present fairly the Company’s consolidated financial position as of September 30, 2022 and its consolidated statements of operations and cash flows for the interim periods presented. Intercompany balances and transactions have been eliminated. Certain amounts in the notes to the condensed consolidated financial statements of prior years have been reclassified to conform to the current year presentation.</span></div>
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1070926000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1178222000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2884107000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3605060000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1070926000 usd
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RevenueFromContractWithCustomerExcludingAssessedTax
1178222000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2884107000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3605060000 usd
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
37100000 usd
CY2022Q3 us-gaap Construction Contractor Receivable Retainage
ConstructionContractorReceivableRetainage
583789000 usd
CY2021Q4 us-gaap Construction Contractor Receivable Retainage
ConstructionContractorReceivableRetainage
568881000 usd
CY2022Q3 us-gaap Contracts Receivable Claims And Uncertain Amounts
ContractsReceivableClaimsAndUncertainAmounts
741678000 usd
CY2021Q4 us-gaap Contracts Receivable Claims And Uncertain Amounts
ContractsReceivableClaimsAndUncertainAmounts
833352000 usd
CY2022Q3 us-gaap Unapproved Change Orders Amount
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584388000 usd
CY2021Q4 us-gaap Unapproved Change Orders Amount
UnapprovedChangeOrdersAmount
418054000 usd
CY2022Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
122275000 usd
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UnbilledContractsReceivable
105362000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net Current
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1448341000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1356768000 usd
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60740000 usd
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69027000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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ContractReceivableRetainageExpectedToBeCollectedBeyondOneYearPercentage
0.47
CY2022Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
13700000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
45300000 usd
CY2021Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
11300000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
36600000 usd
CY2022Q3 tpc Contract Payable Retainage
ContractPayableRetainage
241518000 usd
CY2021Q4 tpc Contract Payable Retainage
ContractPayableRetainage
268945000 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
966065000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
761689000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1207583000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1030634000 usd
CY2022Q3 tpc Contract Payable Retainage Expected To Be Remitted Beyond One Year Percentage
ContractPayableRetainageExpectedToBeRemittedBeyondOneYearPercentage
0.43
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
447400000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
487100000 usd
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
288000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
608400000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.024
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
323200000 usd
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202197000 usd
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21817000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
345017000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
211396000 usd
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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51404000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51366000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022Q3 us-gaap Net Income Loss
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
15394000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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51404000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51072000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51263000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50995000 shares
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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0 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
294000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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369000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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51364000 shares
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CY2021Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2021Q3 us-gaap Earnings Per Share Diluted
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0.30
us-gaap Earnings Per Share Diluted
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-2.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.22
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CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2131000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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3280000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1861000 shares
CY2022Q3 us-gaap Income Tax Expense Benefit
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us-gaap Effective Income Tax Rate Continuing Operations
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1072991000 usd
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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CY2021Q4 us-gaap Goodwill
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CY2022Q3 us-gaap Goodwill
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CY2021Q4 us-gaap Goodwill Impairment Loss
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381940000 usd
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197771000 usd
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113067000 usd
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71102000 usd
CY2021Q4 tpc Intangible Assets Gross
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381940000 usd
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183805000 usd
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113067000 usd
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3800000 usd
us-gaap Amortization Of Intangible Assets
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14000000 usd
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9300000 usd
us-gaap Amortization Of Intangible Assets
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26600000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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2200000 usd
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CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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2200000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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9100000 usd
CY2022Q3 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt
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993654000 usd
CY2022Q3 us-gaap Debt Current
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26875000 usd
CY2021Q4 us-gaap Debt Current
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24406000 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
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934259000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
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CY2022Q3 us-gaap Interest Expense Other
InterestExpenseOther
559000 usd
CY2021Q3 us-gaap Interest Expense Other
InterestExpenseOther
532000 usd
us-gaap Interest Expense Other
InterestExpenseOther
1499000 usd
us-gaap Interest Expense Other
InterestExpenseOther
1422000 usd
CY2022Q3 tpc Interest Expense Debt Excluding Amortization Including Other Interest
InterestExpenseDebtExcludingAmortizationIncludingOtherInterest
16080000 usd
CY2021Q3 tpc Interest Expense Debt Excluding Amortization Including Other Interest
InterestExpenseDebtExcludingAmortizationIncludingOtherInterest
15760000 usd
tpc Interest Expense Debt Excluding Amortization Including Other Interest
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46959000 usd
tpc Interest Expense Debt Excluding Amortization Including Other Interest
InterestExpenseDebtExcludingAmortizationIncludingOtherInterest
47640000 usd
CY2022Q3 tpc Interest Expense Debt Cash Portion
InterestExpenseDebtCashPortion
935000 usd
CY2021Q3 tpc Interest Expense Debt Cash Portion
InterestExpenseDebtCashPortion
934000 usd
tpc Interest Expense Debt Cash Portion
InterestExpenseDebtCashPortion
2752000 usd
tpc Interest Expense Debt Cash Portion
InterestExpenseDebtCashPortion
4802000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
17015000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
16694000 usd
us-gaap Interest Expense
InterestExpense
49711000 usd
us-gaap Interest Expense
InterestExpense
52442000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P2Y
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3685000 usd
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3660000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
11754000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
11085000 usd
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
15393000 usd
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
17951000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
42828000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
57377000 usd
CY2022Q3 tpc Lease Cost Before Sublease Income
LeaseCostBeforeSubleaseIncome
19078000 usd
CY2021Q3 tpc Lease Cost Before Sublease Income
LeaseCostBeforeSubleaseIncome
21611000 usd
tpc Lease Cost Before Sublease Income
LeaseCostBeforeSubleaseIncome
54582000 usd
tpc Lease Cost Before Sublease Income
LeaseCostBeforeSubleaseIncome
68462000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
14100000 usd
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
193000 usd
CY2021Q3 us-gaap Sublease Income
SubleaseIncome
176000 usd
us-gaap Sublease Income
SubleaseIncome
573000 usd
us-gaap Sublease Income
SubleaseIncome
522000 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
18885000 usd
CY2021Q3 us-gaap Lease Cost
LeaseCost
21435000 usd
us-gaap Lease Cost
LeaseCost
54009000 usd
us-gaap Lease Cost
LeaseCost
67940000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
61693000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
53462000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
61693000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
53462000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7147000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7481000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
59352000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
50057000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
66499000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
57538000 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y7M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0942
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0944
us-gaap Operating Lease Payments
OperatingLeasePayments
11007000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
10344000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16305000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6686000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3252000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12344000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
9925000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9023000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7688000 usd
CY2022Q3 tpc Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
73375000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
115607000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
49108000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
66499000 usd
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1309786 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
500000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
11.15
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2900000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7700000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3100000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8100000 usd
CY2022Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
647000 usd
CY2021Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
582000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1940000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1746000 usd
CY2022Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
240000 usd
CY2021Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
236000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
720000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
709000 usd
CY2022Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
973000 usd
CY2021Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1015000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2919000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
3045000 usd
CY2022Q3 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-639000 usd
CY2021Q3 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-683000 usd
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-1916000 usd
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-2049000 usd
CY2022Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
553000 usd
CY2021Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
486000 usd
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DefinedBenefitPlanNetPeriodicBenefitCost
1657000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1459000 usd
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1000000 usd
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CashAndCashEquivalentsMaturityTerm
P3M
CY2022Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
148962000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
134000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
11093000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
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138003000 usd
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143084000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1523000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1396000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
143211000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
112893000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
7896000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
23912000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
3197000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
136805000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
11093000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
83656000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1308000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
2652000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
88000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
86308000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1396000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
20553000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
20333000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
117590000 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
108498000 usd
CY2022Q3 tpc Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date After Year5
DebtSecuritiesAvailableForSaleAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYear5
10819000 usd
CY2022Q3 tpc Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Year5
DebtSecuritiesAvailableForSaleFairValueMaturityAllocatedAndSingleMaturityDateAfterYear5
9172000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
148962000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
138003000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q3 us-gaap Profit Loss
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1816000 usd
CY2022Q3 tpc Issuance Of Common Stock Net
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250000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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22000000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1519363000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6818000 usd
tpc Issuance Of Common Stock Net
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961000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
46500000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1519363000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q3 us-gaap Profit Loss
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26241000 usd
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CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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2030000 usd
CY2021Q3 tpc Issuance Of Common Stock Net
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CY2021Q3 tpc Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
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CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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10000000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1630618000 usd
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us-gaap Profit Loss
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6787000 usd
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tpc Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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17250000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Before Tax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Before Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Tax
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CY2022Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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InterestExpense
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InterestExpense
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CY2022Q3 us-gaap Assets
Assets
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CY2021Q4 us-gaap Assets
Assets
4724898000 usd

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