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Segments and Related Information (Tables)
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Schedule of Financial Information by Reportable Segment
Summarized financial information for MasTec’s reportable segments is presented and reconciled to consolidated continuing operations financial information for total MasTec in the following tables (in millions):
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
Revenue:
2014
 
2013
 
2014
 
2013
Communications (a)
$
505.2

 
$
543.0

 
$
1,480.4

 
$
1,464.5

Oil and Gas
557.4

 
519.1

 
1,302.9

 
1,134.8

Electrical Transmission
132.6

 
118.8

 
327.2

 
321.9

Power Generation and Industrial
114.3

 
85.1

 
263.1

 
237.3

Other
1.1

 
3.5

 
6.5

 
9.2

Eliminations
(1.0
)
 
(0.1
)
 
(1.9
)
 
(2.0
)
Consolidated revenue
$
1,309.6

 
$
1,269.4

 
$
3,378.2

 
$
3,165.7

(a)
Revenue generated by utilities customers represented 7.6% and 6.9% of Communications segment revenue for the three month periods ended September 30, 2014 and 2013, respectively, and 7.0% and 7.2% of Communications segment revenue for the nine month periods ended September 30, 2014 and 2013, respectively.
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
EBITDA:
2014
 
2013
 
2014
 
2013
Communications
$
52.4

 
$
71.8

 
$
153.7

 
$
181.6

Oil and Gas
73.0

 
68.1

 
143.5

 
161.7

Electrical Transmission
12.7

 
12.1

 
33.2

 
27.0

Power Generation and Industrial
4.9

 
(6.4
)
 
9.4

 
(14.6
)
Other
(0.3
)
 
0.1

 
0.1

 
0.5

Corporate
(14.5
)
 
(13.6
)
 
(38.7
)
 
(47.9
)
Consolidated EBITDA
$
128.2

 
$
132.1

 
$
301.2

 
$
308.3


 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
Depreciation and Amortization:
2014
 
2013
 
2014
 
2013
Communications
$
10.1

 
$
9.5

 
$
30.1

 
$
26.8

Oil and Gas
23.3

 
22.5

 
61.3

 
60.1

Electrical Transmission
5.2

 
3.2

 
11.9

 
8.4

Power Generation and Industrial
1.7

 
1.7

 
4.8

 
5.1

Corporate
1.4

 
0.9

 
3.9

 
2.7

Consolidated Depreciation and Amortization
$
41.7

 
$
37.8

 
$
112.0

 
$
103.1

Reconciliation of EBITDA to Consolidated Income from Continuing Operations before Income Taxes
The following table presents a reconciliation of EBITDA to consolidated income from continuing operations before income taxes (in millions):
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
EBITDA Reconciliation:
2014
 
2013
 
2014
 
2013
EBITDA
$
128.2

 
$
132.1

 
$
301.2

 
$
308.3

Less:
 
 
 
 
 
 
 
Interest expense, net
(12.6
)
 
(12.7
)
 
(37.6
)
 
(34.5
)
Depreciation and amortization
(41.7
)
 
(37.8
)
 
(112.0
)
 
(103.1
)
Income from continuing operations before income taxes
$
73.8

 
$
81.6

 
$
151.7

 
$
170.6

Schedule of Significant Customers, Revenue Concentration Information
Revenue concentration information for significant customers as a percentage of total consolidated revenue was as follows:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Customer:
 
 
 
 
 
 
 
AT&T (a)
16%
 
16%
 
21%
 
18%
DIRECTV® (b)
12%
 
13%
 
13%
 
15%
Enbridge, Inc. (c)
10%
 
20%
 
10%
 
14%
(a)
The Company's relationship with AT&T is based upon master service agreements, other service agreements and construction/installation contracts for AT&T's wireless, wireline/fiber and home security and automation businesses. Revenue from AT&T is included in the Communications segment.
(b)
The Company's relationship with DIRECTV® is based upon an agreement to provide installation and maintenance services for DIRECTV®. Revenue from DIRECTV® is included in the Communications segment.
(c)
The Company's relationship with Enbridge, Inc. is based upon various construction contracts for natural gas pipelines. Revenue from Enbridge, Inc. is included in the Oil and Gas segment.