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Segments and Related Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of Financial Information by Reportable Segment
Summarized financial information for MasTec’s reportable segments is presented and reconciled to consolidated 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:
2016
 
2015
 
2016
 
2015
Communications (a)
$
624.3

 
$
513.3

 
$
1,728.0

 
$
1,452.1

Oil and Gas
736.0

 
406.9

 
1,454.3

 
1,144.2

Electrical Transmission
101.7

 
75.9

 
283.6

 
270.2

Power Generation and Industrial
123.6

 
115.0

 
324.7

 
302.3

Other
7.6

 
3.8

 
14.9

 
17.2

Eliminations
(7.0
)
 
(3.9
)
 
(12.7
)
 
(5.1
)
Consolidated revenue
$
1,586.2

 
$
1,111.0

 
$
3,792.8

 
$
3,180.9

(a)
Revenue generated primarily by utilities customers represented 11.1% and 11.2% of Communications segment revenue for the three month periods ended September 30, 2016 and 2015, respectively, and represented 10.9% and 10.5% for the nine month periods ended September 30, 2016 and 2015, respectively.
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
EBITDA:
2016
 
2015
 
2016
 
2015
Communications
$
62.8

 
$
49.7

 
$
190.9

 
$
141.8

Oil and Gas
117.8

 
51.0

 
187.6

 
113.9

Electrical Transmission
(8.3
)
 
(23.7
)
 
(42.0
)
 
(47.6
)
Power Generation and Industrial
6.1

 
4.8

 
13.8

 
3.9

Other
(3.1
)
 
(2.0
)
 
(2.6
)
 
(7.1
)
Corporate
(24.3
)
 
(12.0
)
 
(55.1
)
 
(40.5
)
Consolidated EBITDA
$
151.0

 
$
67.8

 
$
292.6

 
$
164.4


 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
Depreciation and Amortization:
2016
 
2015
 
2016
 
2015
Communications
$
12.5

 
$
13.2

 
$
37.2

 
$
37.6

Oil and Gas
20.7

 
20.0

 
58.2

 
64.3

Electrical Transmission
6.1

 
5.5

 
17.1

 
16.0

Power Generation and Industrial
1.6

 
1.7

 
4.6

 
5.0

Other
0.0

 
0.0

 
0.0

 
0.1

Corporate
1.7

 
1.8

 
5.1

 
5.0

Consolidated depreciation and amortization
$
42.6

 
$
42.2

 
$
122.2

 
$
128.0

Reconciliation of EBITDA to Consolidated Income before Income Taxes
The following table, which may contain slight summation differences due to rounding, presents a reconciliation of EBITDA to consolidated income before income taxes (in millions):
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
EBITDA Reconciliation:
2016
 
2015
 
2016
 
2015
EBITDA
$
151.0

 
$
67.8

 
$
292.6

 
$
164.4

Less:
 
 
 
 
 
 
 
Interest expense, net
(13.1
)
 
(12.0
)
 
(37.9
)
 
(35.8
)
Depreciation and amortization
(42.6
)
 
(42.2
)
 
(122.2
)
 
(128.0
)
Income before income taxes
$
95.3

 
$
13.6

 
$
132.4

 
$
0.5

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,
Customer:
2016
 
2015
 
2016
 
2015
AT&T (including DIRECTV®) (a)
30%
 
31%
 
34%
 
31%
Energy Transfer affiliates (b)
35%
 
7%
 
26%
 
5%

(a)
The Company’s relationship with AT&T is based upon multiple separate master service agreements, other service agreements and construction/installation contracts for AT&T’s (i) wireless, (ii) wireline/fiber, (iii) home security and automation businesses, and (iv) for DIRECTV® services, is based upon an agreement to provide installation and maintenance services. Revenue from AT&T is included in the Communications segment.
(b)
The Company's relationship with Energy Transfer affiliates is based upon various construction contracts for pipeline activities with Energy Transfer Partners L.P., Sunoco Logistics Partners L.P., and their subsidiaries and affiliates, all of which are consolidated by Energy Transfer Equity, L.P. Revenue from Energy Transfer affiliates is included in the Oil and Gas segment.