Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

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,
	2024		2023		2024		2023
Net income (loss) attributable to MasTec:
Net income (loss) - basic and diluted	$	95,240	$	14,296	$	88,048	$	(50,702)
Weighted average shares outstanding:
Weighted average shares outstanding - basic	78,044		77,640		78,004		77,418
Dilutive common stock equivalents (a)	869		815		797		—
Weighted average shares outstanding - diluted	78,913		78,455		78,801		77,418

(a)For the three month period ended September 30, 2024, anti-dilutive common stock equivalents totaled approximately 3,000 shares, and for the three month period ended September 30, 2023, there were no anti-dilutive common stock equivalents. For the nine month periods ended September 30, 2024 and 2023, such shares totaled approximately 171,000 and 1,091,000, respectively.