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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Line Items]  
Schedule of Earnings Per Share Information
The following table provides details underlying the Company’s earnings per share calculations for the periods indicated (in thousands):
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Net income attributable to MasTec:
 
 
 
 
 
 
 
Net income, continuing operations - basic (a)
$
32,199

 
$
35,425

 
$
48,345

 
$
54,742

Interest expense, net of tax, 2009 Convertible Notes
68

 
79

 
146

 
157

Net income, continuing operations - diluted
$
32,267

 
$
35,504

 
$
48,491

 
$
54,899

Net loss from discontinued operations - basic and diluted (a)
(149
)
 
(484
)
 
(272
)
 
(1,431
)
Net income attributable to MasTec - diluted
$
32,118

 
$
35,020

 
$
48,219

 
$
53,468

Weighted average shares outstanding:


 


 
 
 
 
Weighted average shares outstanding - basic
78,269

 
76,741

 
77,810

 
76,675

Dilutive common stock equivalents
750

 
776

 
799

 
781

Dilutive premium shares, 2011 Convertible Notes
7,024

 
6,235

 
7,320

 
6,075

Dilutive shares, 2009 Convertible Notes
687

 
806

 
746

 
806

Weighted average shares outstanding - diluted
86,730

 
84,558

 
86,675

 
84,337


(a)
Calculated as total net income less amounts attributable to non-controlling interests.
2011 Convertible Notes [Member]
 
Earnings Per Share [Line Items]  
Schedule of Convertible Note Premium Share Information
The calculations underlying the number of premium shares included in the Company’s diluted share count for the periods indicated are as follows (in thousands, except per share amounts):
 
As of and for the Three Months
Ended June 30,
 
As of and for the Six Months
Ended June 30,
 
2014
 
2013
 
2014
 
2013
Premium Share Information:
 
2011 4.25%
Notes
 
2011 4.0%
Notes
 
2011 4.25%
Notes
 
 
2011 4.25%
Notes
 
2011 4.0%
Notes
 
2011 4.25%
Notes
Number of conversion shares, principal amount
 
6,268

 
6,683

 
6,268

 
 
6,268

 
6,683

 
6,268

Weighted average actual per share price
 
$
37.68

 
$
30.13

 
$
30.13

 
 
$
37.82

 
$
29.43

 
$
29.43

Weighted average premium value
 
$
139,170

 
$
96,021

 
$
91,837

 
 
$
140,047

 
$
91,325

 
$
87,433

Weighted average equivalent premium shares
 
3,693

 
3,187

 
3,048

 
 
3,703

 
3,104

 
2,971