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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 income (loss) (48,487) (50,702)       (50,702)   2,215
Other comprehensive loss (income) 4,864 4,864         4,864  
Non-cash stock-based compensation 24,336 24,336     24,336      
Issuance of restricted shares, net (in shares)     137,406          
Issuance of restricted shares, net 0 0 $ 14   (14)      
Shares withheld for taxes, net of other stock issuances(in shares)     (117,950)          
Shares withheld for taxes, net of other stock issuances (5,410) (5,410) $ (12)   (5,398)      
Acquisition-related assumption of non-controlling interest 6,828             6,828
Issuance of shares in connection with acquisition (in shares)     4,112          
Issuance of shares in connection with acquisition 403 403     403      
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 Sep. 30, 2023     98,638,673          
Ending balance at Sep. 30, 2023 2,713,721 2,703,344 $ 9,864 $ (659,913) 1,254,444 2,145,040 (46,091) 10,377
Ending balance, treasury shares (in shares) at Sep. 30, 2023       (19,813,055)        
Beginning balance, common shares outstanding (in shares) at Jun. 30, 2023     98,674,249          
Beginning 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
Beginning balance, treasury shares (in shares) at Jun. 30, 2023       (19,813,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net income (loss) 15,305 14,296       14,296   1,009
Other comprehensive loss (income) 2,786 2,786         2,786  
Non-cash stock-based compensation 7,246 7,246     7,246      
Forfeiture of restricted shares, net (in shares)     (35,183)          
Forfeiture of restricted shares, net 0 0 $ (3)   3      
Shares withheld for taxes, net of other stock issuances(in shares)     (393)          
Shares withheld for taxes, net of other stock issuances (36) (36)     (36)      
Ending balance, common shares outstanding (in shares) at Sep. 30, 2023     98,638,673          
Ending balance at Sep. 30, 2023 $ 2,713,721 2,703,344 $ 9,864 $ (659,913) 1,254,444 2,145,040 (46,091) 10,377
Ending balance, treasury shares (in shares) at Sep. 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 income (loss) $ 114,719 88,048       88,048   26,671
Other comprehensive loss (income) (5,779) (5,779)         (5,779)  
Non-cash stock-based compensation 24,046 24,046     24,046      
Forfeiture of restricted shares, net (in shares)     (30,455)          
Forfeiture of restricted shares, net 0 0 $ (3)   3      
Shares withheld for taxes, net of other stock issuances(in shares)     (32,333)          
Shares withheld for taxes, net of other stock issuances (2,801) (2,801) $ (3)   (2,798)      
Distributions to non-controlling interests (23,499)             (23,499)
Acquisition-related assumption of non-controlling interest $ 765             765
Ending balance, common shares outstanding (in shares) at Sep. 30, 2024 99,030,346   99,030,346          
Ending balance at Sep. 30, 2024 $ 2,828,712 2,809,666 $ 9,903 $ (659,913) 1,284,611 2,233,841 (58,776) 19,046
Ending balance, treasury shares (in shares) at Sep. 30, 2024 (19,813,055)     (19,813,055)        
Beginning balance, common shares outstanding (in shares) at Jun. 30, 2024     99,044,551          
Beginning 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
Beginning balance, treasury shares (in shares) at Jun. 30, 2024       (19,813,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net income (loss) 105,410 95,240       95,240   10,170
Other comprehensive loss (income) (7,247) (7,247)         (7,247)  
Non-cash stock-based compensation 7,348 7,348     7,348      
Forfeiture of restricted shares, net (in shares)     (13,844)          
Forfeiture of restricted shares, net 0 0 $ (1)   1      
Shares withheld for taxes, net of other stock issuances(in shares)     (361)          
Shares withheld for taxes, net of other stock issuances (39) (39)     (39)      
Distributions to non-controlling interests $ (10,867)             (10,867)
Ending balance, common shares outstanding (in shares) at Sep. 30, 2024 99,030,346   99,030,346          
Ending balance at Sep. 30, 2024 $ 2,828,712 $ 2,809,666 $ 9,903 $ (659,913) $ 1,284,611 $ 2,233,841 $ (58,776) $ 19,046
Ending balance, treasury shares (in shares) at Sep. 30, 2024 (19,813,055)     (19,813,055)