Condensed Unaudited Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 3,885	$ 4,984
Accounts receivable, net of allowance	970,886	911,106
Inventories, net	99,405	90,599
Prepaid expenses	50,592	54,879
Other current assets	73,768	68,190
Total current assets	1,198,536	1,129,758
Property and equipment, net	547,957	558,667
Goodwill	991,975	988,511
Other intangible assets, net	197,503	199,379
Other long-term assets	50,657	51,032
Total assets	2,986,628	2,927,347
Current liabilities:
Current maturities of long-term debt	74,055	77,400
Accounts payable	363,142	348,543
Accrued salaries and wages	73,125	46,550
Other accrued expenses	59,245	69,369
Acquisition-related contingent consideration, current	17,026	17,731
Billings in excess of costs and earnings	177,678	149,483
Other current liabilities	47,391	43,459
Total current liabilities	811,662	752,535
Acquisition-related contingent consideration, net of current portion	40,626	41,675
Long-term debt	938,722	932,868
Long-term deferred tax liabilities, net	174,396	188,759
Other long-term liabilities	77,361	68,119
Total liabilities	$ 2,042,767	$ 1,983,956
Commitments and contingencies (See Note 14)
Equity
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares – none	$ 0	$ 0
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 90,314,373 (including 1,952,832 of unvested restricted shares) and 88,197,474 as of March 31, 2016 and December 31, 2015, respectively	8,836	8,820
Capital surplus	775,717	769,996
Retained earnings	375,986	378,678
Accumulated other comprehensive loss	(74,737)	(72,351)
Treasury stock, at cost: 8,094,004 shares as of both March 31, 2016 and December 31, 2015	(145,573)	(145,573)
Total MasTec, Inc. shareholders’ equity	940,229	939,570
Non-controlling interests	3,632	3,821
Total equity	943,861	943,391
Total liabilities and equity	$ 2,986,628	$ 2,927,347