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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
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 September 30,
 
For the Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
 
 
As Restated
 
 
 
As Restated
Net income (loss) attributable to MasTec:
 
 
 
 
 
 
 
Net income (loss), continuing operations - basic (a)
$
7,618

 
$
49,306

 
$
(2,346
)
 
$
95,399

Interest expense, net of tax, convertible notes

 
20

 

 
166

Net income (loss), continuing operations - diluted
$
7,618

 
$
49,326

 
$
(2,346
)
 
$
95,565

Net loss from discontinued operations - basic and diluted (a)

 
(320
)
 

 
(592
)
Net income (loss) attributable to MasTec - diluted
$
7,618

 
$
49,006

 
$
(2,346
)
 
$
94,973

Weighted average shares outstanding:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
79,845

 
81,811

 
80,681

 
79,158

Dilutive common stock equivalents
603

 
814

 

 
798

Dilutive shares, convertible notes

 
3,199

 

 
6,460

Weighted average shares outstanding - diluted
80,448

 
85,824

 
80,681

 
86,416


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

 
6,268

Per share price, actual average
$
29.73

 
$
35.06

Premium value
$
89,341

 
$
122,748

Premium shares
3,005

 
3,501