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Acquisitions and Other Investments (Tables)
6 Months Ended
Jun. 30, 2013
Big Country [Member]
 
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, Consideration Paid and Purchase Price Allocation
The following table summarizes the preliminary estimated fair value of consideration paid and the allocation of purchase price as of the date of acquisition:
 
May 1, 2013
 
(in millions)
Purchase price consideration:
 
Cash
$
103.5

Fair value of contingent consideration (earn-out liability)
22.8

Total consideration transferred
$
126.3

Purchase price allocation to identifiable assets acquired and liabilities assumed:
 
Current assets
$
69.0

Property and equipment
42.6

Pre-qualifications
29.6

Finite-lived intangible assets
10.1

Current liabilities
(21.9
)
Long-term debt
(24.4
)
Deferred income taxes
(10.1
)
Total identifiable net assets
$
94.9

Goodwill
$
31.4

Total consideration allocated
$
126.3

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The fair values and weighted average useful lives of Big Country's acquired finite-lived intangible assets were assigned as follows as of the date of acquisition:
 
Fair Value
 
Weighted Average Useful Life
 
(in millions)
 
(in years)
Backlog
$
1.8

 
1
Non-compete agreements
1.8

 
8
Customer relationships
6.5

 
6
Total acquired amortizing intangibles
$
10.1

 
5
Acquisitions During 2013 [Member]
 
Business Acquisition [Line Items]  
Business Acquisition, Pro Forma Information
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
 
(unaudited, in millions)
 
(unaudited, in millions)
Revenue
$
995.1

 
$
1,039.5

 
$
1,987.9

 
$
1,849.8

Net income
$
34.7

 
$
29.6

 
$
57.9

 
$
47.2



Results of Acquired Businesses 2013
    
Revenues and net income resulting from the year over year incremental impact of the Company's 2013 acquisitions are included in MasTec's consolidated results of operations as follows (in millions):
 
For the Three and Six Months Ended June 30, 2013
Revenue
$
39.6

Net income
$
1.5

Bottom Line Services [Member]
 
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, Consideration Paid and Purchase Price Allocation
The following table summarizes the estimated fair value of consideration paid and the allocation of purchase price for BLS, as revised, as of the date of acquisition:
 
December 1, 2012
 
(in millions)
Purchase price consideration:
 
Cash
$
67.6

Fair value of contingent consideration (earn-out liability)
11.1

Total consideration transferred
$
78.7

Purchase price allocation to identifiable assets acquired and liabilities assumed:
 
Current assets
$
36.3

Property and equipment
12.6

Trade name
2.6

Non-compete agreements
0.5

Customer relationships
24.4

Current liabilities
(12.8
)
Total identifiable net assets
$
63.6

Goodwill
$
15.1

Total consideration allocated
$
78.7

Acquisitions During 2012 [Member]
 
Business Acquisition [Line Items]  
Business Acquisition, Pro Forma Information
Revenues and net income resulting from the year over year incremental impact of the Company's 2012 acquisitions are included in MasTec's consolidated results of operations as follows (in millions):
 
For the Three Months Ended June 30, 2013
 
For the Six Months Ended June 30, 2013
Revenue
$
47.0

 
$
90.0

Net income
$
2.0

 
$
3.8