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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2014
[1]
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Jun. 30, 2014
Sep. 30, 2014
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]                          
Revenue $ 1,231,300 $ 1,315,488 $ 1,107,232 $ 957,818 $ 1,159,100 $ 1,269,400 $ 977,600 $ 918,600 $ 2,065,050 $ 3,380,538 $ 4,611,803 $ 4,324,787 $ 3,726,789
Costs of revenue, excluding depreciation and amortization 1,063,100 1,122,861 950,715 841,324 987,000 1,081,100 822,700 791,500 1,792,040 2,914,901 3,977,963 3,682,367 3,239,195
Depreciation and amortization   41,747 36,755 33,494         70,249 111,996 154,452 140,926 91,958
General and administrative expenses   59,889 54,237 53,327         107,564 167,454 238,305 215,402 157,524
Interest expense, net   12,643 12,949 12,003         24,952 37,595 50,769 46,442 37,376
Loss on extinguishment of debt                     0 5,624 0
Other (income) expense, net   (1,416) (1,923) (2,083)         (4,007) (5,424) (8,116) (6,188) 8,017
Income from continuing operations before income taxes   79,764 54,499 19,753         74,252 154,016 198,430 240,214 192,719
Provision for income taxes   (30,319) (20,761) (7,489)         (28,250) (58,569) (76,429) (92,542) (76,080)
Net income from continuing operations 26,600 49,445 33,738 12,264 42,900 49,900 35,500 19,300 46,002 95,447 122,001 147,672 116,639
Discontinued operations:                          
Net loss from discontinued operations, including loss on disposal and impairment charges (See Note 5) (5,900) (320) (149) (122) (1,300) (3,700) (500) (900) (272) (592) (6,452) (6,456) (9,223)
Net income   49,125 33,589 12,142         45,730 94,855 115,549 141,216 107,416
Net (loss) income attributable to non-controlling interests (400) 139 (136) 45 100 100 100 0 (91) 48 (374) 266 (10)
Net income attributable to MasTec, Inc. $ 21,100 $ 48,986 $ 33,725 $ 12,097 $ 41,500 $ 46,100 $ 34,900 $ 18,400 $ 45,821 $ 94,807 $ 115,923 $ 140,950 $ 107,426
Basic earnings (loss) per share:                          
Continuing operations (in dollars per share) $ 0.33 $ 0.60 $ 0.43 $ 0.16 $ 0.55 $ 0.65 $ 0.46 $ 0.25 $ 0.59 $ 1.21 $ 1.53 $ 1.92 $ 1.49
Discontinued operations (in dollars per share) (0.07) 0.00 0.00 0.00 (0.02) (0.05) (0.01) (0.01) 0.00 (0.01) (0.08) (0.09) (0.12)
Total basic earnings per share (in dollars per share) 0.26 [2] $ 0.60 [2],[3] $ 0.43 [2],[3] $ 0.16 [2],[3] 0.54 [2] 0.60 [2] 0.46 [2] 0.24 [2] $ 0.59 [3] $ 1.20 [3] $ 1.45 $ 1.83 $ 1.37
Basic weighted average common shares outstanding (in shares)   81,811 78,269 77,345         77,810 79,158 79,953 76,923 78,275
Diluted earnings (loss) per share:                          
Continuing operations (in dollars per share) 0.32 $ 0.57 $ 0.39 $ 0.14 0.50 0.59 0.42 0.23 $ 0.53 $ 1.11 $ 1.42 $ 1.74 $ 1.42
Discontinued operations (in dollars per share) (0.07) 0.00 0.00 0.00 (0.02) (0.04) (0.01) (0.01) 0.00 (0.01) (0.07) (0.08) (0.11)
Total diluted earnings per share (in dollars per share) $ 0.25 [2] $ 0.57 [2],[3] $ 0.39 [2],[3] $ 0.14 [2],[3] $ 0.49 [2] $ 0.54 [2] $ 0.41 [2] $ 0.22 [2] $ 0.53 [3] $ 1.10 [3] $ 1.35 $ 1.66 $ 1.31
Diluted weighted average common shares outstanding (in shares)   85,824 86,730 86,622         86,675 86,416 86,196 84,901 82,082
[1] Preliminary, unaudited fourth quarter and full year 2014 results were previously issued pursuant to a press release dated February 26, 2015 and not previously filed in a report under the Securities Exchange Act of 1934, as amended. The unaudited quarterly information for the three month period ended December 31, 2014 in the table above includes the effect of adjustments determined by management following the review process described in Note 2 - Independent Investigation of the Audit Committee and Related Restatements.
[2] Earnings per share calculations, including the sum of the individual quarterly earnings per share amounts to the full year earnings per share amounts, may contain slight summation differences due to rounding.
[3] Earnings per share calculations may contain slight summation differences due to rounding.