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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total MasTec, Inc. Shareholders’ Equity
Common Stock
Treasury Stock
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Loss
Non-Controlling Interests
Beginning balance, common shares outstanding (in shares) at Dec. 31, 2022     98,615,105          
Beginning balance at Dec. 31, 2022 $ 2,741,187 $ 2,737,329 $ 9,862 $ (663,910) $ 1,246,590 $ 2,195,742 $ (50,955) $ 3,858
Beginning balance, treasury shares (in shares) at Dec. 31, 2022       (19,933,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net (loss) income (63,792) (64,998)       (64,998)   1,206
Other comprehensive income (loss) 2,078 2,078         2,078  
Non-cash stock-based compensation 17,090 17,090     17,090      
Issuance of restricted shares, net (in shares)     172,589          
Issuance of restricted shares, net 0 0 $ 17   (17)      
Shares withheld for taxes, net of other stock issuances (in shares)     (117,557)          
Shares withheld for taxes, net of other stock issuances (5,374) (5,374) $ (12)   (5,362)      
Issuance of shares in connection with acquisition (in shares)     4,112          
Issuance of shares in connection with acquisition 403 403     403      
Acquisition-related assumption of non-controlling interest 6,828             6,828
Purchase of non-controlling interests (in shares)       120,000        
Purchase of non-controlling interests (10,000) (7,476)   $ 3,997 (11,473)     (2,524)
Ending balance, common shares outstanding (in shares) at Jun. 30, 2023     98,674,249          
Ending balance at Jun. 30, 2023 2,688,420 2,679,052 $ 9,867 $ (659,913) 1,247,231 2,130,744 (48,877) 9,368
Ending balance, treasury shares (in shares) at Jun. 30, 2023       (19,813,055)        
Beginning balance, common shares outstanding (in shares) at Mar. 31, 2023     98,674,997          
Beginning balance at Mar. 31, 2023 2,647,632 2,646,304 $ 9,867 $ (659,913) 1,235,608 2,115,202 (54,460) 1,328
Beginning balance, treasury shares (in shares) at Mar. 31, 2023       (19,813,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net (loss) income 16,754 15,542       15,542   1,212
Other comprehensive income (loss) 5,583 5,583         5,583  
Non-cash stock-based compensation 8,575 8,575     8,575      
Forfeiture of restricted shares, net (in shares)     (2,244)          
Shares withheld for taxes, net of other stock issuances (in shares)     (381)          
Shares withheld for taxes, net of other stock issuances 2,851 2,851     2,851      
Issuance of shares in connection with acquisition (in shares)     1,877          
Issuance of shares in connection with acquisition 197 197     197      
Acquisition-related assumption of non-controlling interest 6,828             6,828
Ending balance, common shares outstanding (in shares) at Jun. 30, 2023     98,674,249          
Ending balance at Jun. 30, 2023 $ 2,688,420 2,679,052 $ 9,867 $ (659,913) 1,247,231 2,130,744 (48,877) 9,368
Ending balance, treasury shares (in shares) at Jun. 30, 2023       (19,813,055)        
Beginning balance, common shares outstanding (in shares) at Dec. 31, 2023 99,093,134   99,093,134          
Beginning balance at Dec. 31, 2023 $ 2,721,261 2,706,152 $ 9,909 $ (659,913) 1,263,360 2,145,793 (52,997) 15,109
Beginning balance, treasury shares (in shares) at Dec. 31, 2023 (19,813,055)     (19,813,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net (loss) income $ 9,309 (7,192)       (7,192)   16,501
Other comprehensive income (loss) 1,468 1,468         1,468  
Non-cash stock-based compensation 16,698 16,698     16,698      
Forfeiture of restricted shares, net (in shares)     (16,611)          
Forfeiture of restricted shares, net 0 0 $ (2)   2      
Shares withheld for taxes, net of other stock issuances (in shares)     (31,972)          
Shares withheld for taxes, net of other stock issuances (2,762) (2,762) $ (3)   (2,759)      
Distributions to non-controlling interests (12,632)             (12,632)
Acquisition-related assumption of non-controlling interest $ 765             765
Ending balance, common shares outstanding (in shares) at Jun. 30, 2024 99,044,551   99,044,551          
Ending balance at Jun. 30, 2024 $ 2,734,107 2,714,364 $ 9,904 $ (659,913) 1,277,301 2,138,601 (51,529) 19,743
Ending balance, treasury shares (in shares) at Jun. 30, 2024 (19,813,055)     (19,813,055)        
Beginning balance, common shares outstanding (in shares) at Mar. 31, 2024     99,272,155          
Beginning balance at Mar. 31, 2024 $ 2,690,024 2,674,264 $ 9,927 $ (659,913) 1,270,291 2,104,613 (50,654) 15,760
Beginning balance, treasury shares (in shares) at Mar. 31, 2024       (19,813,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net (loss) income 43,768 33,988       33,988   9,780
Other comprehensive income (loss) (875) (875)         (875)  
Non-cash stock-based compensation 7,025 7,025     7,025      
Forfeiture of restricted shares, net (in shares)     (227,257)          
Forfeiture of restricted shares, net 0 0 $ (23)   23      
Shares withheld for taxes, net of other stock issuances (in shares)     (347)          
Shares withheld for taxes, net of other stock issuances (38) (38)     (38)      
Distributions to non-controlling interests $ (5,797)             (5,797)
Ending balance, common shares outstanding (in shares) at Jun. 30, 2024 99,044,551   99,044,551          
Ending balance at Jun. 30, 2024 $ 2,734,107 $ 2,714,364 $ 9,904 $ (659,913) $ 1,277,301 $ 2,138,601 $ (51,529) $ 19,743
Ending balance, treasury shares (in shares) at Jun. 30, 2024 (19,813,055)     (19,813,055)