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10-Q Filing

MASTEC INC CIK: 15615 Q2 2019
Filing Information
Form Type 10-Q
Accession Number 0000015615-19-000028
Period End Date 20190630
Filing Date 20190801
Fiscal Year 2019
Fiscal Period Q2
XBRL Instance mtz6301910-q_htm.xml
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $27.42M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $40.33M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $59.18M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $20.68M USD Point-in-time
Accounts receivable, net (Note 5) AccountsReceivableNetCurrent $1.84B USD Point-in-time
Accounts receivable, net (Note 5) AccountsReceivableNetCurrent $1.92B USD Point-in-time
Inventories, net InventoryNet $113.71M USD Point-in-time
Inventories, net InventoryNet $126.97M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $56.56M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $44.10M USD Point-in-time
Other current assets OtherAssetsCurrent $47.33M USD Point-in-time
Other current assets OtherAssetsCurrent $55.01M USD Point-in-time
Total current assets AssetsCurrent $2.17B USD Point-in-time
Total current assets AssetsCurrent $2.13B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $747.81M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $852.80M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Operating lease assets OperatingLeaseRightOfUseAsset $241.49M USD Point-in-time
Operating lease assets OperatingLeaseRightOfUseAsset - USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Goodwill, net Goodwill $1.14B USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Goodwill, net Goodwill $1.10B USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $169.37M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $190.15M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $253.44M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $241.74M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 145.00M shares Point-in-time
Total assets Assets $4.44B USD Point-in-time
Total assets Assets $4.80B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 145.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 91.33M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 91.63M shares Point-in-time
Treasury stock, shares TreasuryStockCommonShares 15.34M shares Point-in-time
Treasury stock, shares TreasuryStockCommonShares 15.33M shares Point-in-time
Current portion of long-term debt, including finance leases LongTermDebtAndCapitalLeaseObligationsCurrent $82.66M USD Point-in-time
Current portion of long-term debt, including finance leases LongTermDebtAndCapitalLeaseObligationsCurrent $106.88M USD Point-in-time
Current portion of operating lease liabilities OperatingLeaseLiabilityCurrent $77.63M USD Point-in-time
Current portion of operating lease liabilities OperatingLeaseLiabilityCurrent - USD Point-in-time
Accounts payable AccountsPayableCurrent $633.25M USD Point-in-time
Accounts payable AccountsPayableCurrent $669.71M USD Point-in-time
Accrued salaries and wages EmployeeRelatedLiabilitiesCurrent $90.22M USD Point-in-time
Accrued salaries and wages EmployeeRelatedLiabilitiesCurrent $125.67M USD Point-in-time
Other accrued expenses AccruedLiabilitiesCurrent $133.03M USD Point-in-time
Other accrued expenses AccruedLiabilitiesCurrent $158.32M USD Point-in-time
Billings in excess of costs and earnings BillingsInExcessOfCostCurrent $200.58M USD Point-in-time
Billings in excess of costs and earnings BillingsInExcessOfCostCurrent $227.06M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $88.83M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $80.94M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.28B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.39B USD Point-in-time
Long-term debt, including finance leases LongTermDebtAndCapitalLeaseObligations $1.25B USD Point-in-time
Long-term debt, including finance leases LongTermDebtAndCapitalLeaseObligations $1.32B USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $168.70M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent - USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $263.69M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $256.52M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $176.41M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $178.85M USD Point-in-time
Total liabilities Liabilities $3.05B USD Point-in-time
Total liabilities Liabilities $3.25B USD Point-in-time
Commitments and contingencies (Note 14) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 14) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares none PreferredStockValue - USD Point-in-time
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares none PreferredStockValue - USD Point-in-time
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 91,626,986 and 91,327,009 (including 1,152,993 and 1,251,533 of unvested stock awards) as of June 30, 2019 and December 31, 2018, respectively CommonStockValue $9.13M USD Point-in-time
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 91,626,986 and 91,327,009 (including 1,152,993 and 1,251,533 of unvested stock awards) as of June 30, 2019 and December 31, 2018, respectively CommonStockValue $9.16M USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $799.16M USD Point-in-time
Capital surplus AdditionalPaidInCapitalCommonStock $789.01M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.28B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.12B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-74.67M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-60.49M USD Point-in-time
Treasury stock, at cost: 15,344,917 and 15,329,817 shares as of June 30, 2019 and December 31, 2018, respectively TreasuryStockCommonValue $466.12M USD Point-in-time
Treasury stock, at cost: 15,344,917 and 15,329,817 shares as of June 30, 2019 and December 31, 2018, respectively TreasuryStockCommonValue $466.73M USD Point-in-time
Total MasTec, Inc. shareholders equity StockholdersEquity $1.39B USD Point-in-time
Total MasTec, Inc. shareholders equity StockholdersEquity $1.55B USD Point-in-time
Non-controlling interests MinorityInterest $3.22M USD Point-in-time
Non-controlling interests MinorityInterest $2.13M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.37B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.55B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.80B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.44B USD Point-in-time
Income Statement 64 line items
Line Item Tag Value Unit Period
Revenue Revenues $3.46B USD 2 Qtrs
Revenue Revenues $3.01B USD 2 Qtrs
Revenue Revenues $1.62B USD 1 Quarter
Revenue Revenues $1.94B USD 1 Quarter
Costs of revenue, excluding depreciation and amortization CostOfServicesExcludingDepreciationDepletionAndAmortization $2.60B USD 2 Qtrs
Costs of revenue, excluding depreciation and amortization CostOfServicesExcludingDepreciationDepletionAndAmortization $1.63B USD 1 Quarter
Costs of revenue, excluding depreciation and amortization CostOfServicesExcludingDepreciationDepletionAndAmortization $1.37B USD 1 Quarter
Costs of revenue, excluding depreciation and amortization CostOfServicesExcludingDepreciationDepletionAndAmortization $2.95B USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $101.61M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $51.68M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $59.94M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $118.97M USD 2 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $67.60M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $70.82M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $131.22M USD 2 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $143.44M USD 2 Qtrs
Interest expense, net InterestRevenueExpenseNet $-16.62M USD 1 Quarter
Interest expense, net InterestRevenueExpenseNet $-38.88M USD 2 Qtrs
Interest expense, net InterestRevenueExpenseNet $-37.85M USD 2 Qtrs
Interest expense, net InterestRevenueExpenseNet $-20.80M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $6.55M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $5.82M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $12.81M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $11.41M USD 2 Qtrs
Other expense (income), net NonoperatingIncomeExpense $-8.32M USD 2 Qtrs
Other expense (income), net NonoperatingIncomeExpense $-4.81M USD 1 Quarter
Other expense (income), net NonoperatingIncomeExpense $2.30M USD 2 Qtrs
Other expense (income), net NonoperatingIncomeExpense $-788.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $159.96M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $215.10M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $116.18M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $153.77M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $35.78M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $51.77M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $39.74M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $46.91M USD 2 Qtrs
Net income ProfitLoss $120.22M USD 1 Quarter
Net income ProfitLoss $106.86M USD 2 Qtrs
Net income ProfitLoss $163.33M USD 2 Qtrs
Net income ProfitLoss $80.40M USD 1 Quarter
Net income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-91.00K USD 1 Quarter
Net income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $507.00K USD 2 Qtrs
Net income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-188.00K USD 2 Qtrs
Net income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $513.00K USD 1 Quarter
Net income attributable to MasTec, Inc. NetIncomeLoss $119.71M USD 1 Quarter
Net income attributable to MasTec, Inc. NetIncomeLoss $162.82M USD 2 Qtrs
Net income attributable to MasTec, Inc. NetIncomeLoss $107.05M USD 2 Qtrs
Net income attributable to MasTec, Inc. NetIncomeLoss $80.49M USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $2.17 USD 2 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $1.59 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $1.34 USD 2 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $1.02 USD 1 Quarter
Basic weighted average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 75.18M shares 1 Quarter
Basic weighted average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 80.06M shares 2 Qtrs
Basic weighted average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 78.98M shares 1 Quarter
Basic weighted average common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 75.09M shares 2 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $1.01 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $1.32 USD 2 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $2.15 USD 2 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $1.58 USD 1 Quarter
Diluted weighted average common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 80.06M shares 1 Quarter
Diluted weighted average common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 75.75M shares 1 Quarter
Diluted weighted average common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 81.14M shares 2 Qtrs
Diluted weighted average common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 75.66M shares 2 Qtrs
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $120.22M USD 1 Quarter
Net income ProfitLoss $106.86M USD 2 Qtrs
Net income ProfitLoss $163.33M USD 2 Qtrs
Net income ProfitLoss $80.40M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $101.61M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $51.68M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $59.94M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $118.97M USD 2 Qtrs
Non-cash interest expense, net AmortizationOfFinancingCostsAndDiscounts $1.45M USD 2 Qtrs
Non-cash interest expense, net AmortizationOfFinancingCostsAndDiscounts $737.00K USD 2 Qtrs
Non-cash stock-based compensation expense ShareBasedCompensation $6.57M USD 2 Qtrs
Non-cash stock-based compensation expense ShareBasedCompensation $7.94M USD 2 Qtrs
Benefit from deferred income taxes DeferredIncomeTaxExpenseBenefit $-172.00K USD 2 Qtrs
Benefit from deferred income taxes DeferredIncomeTaxExpenseBenefit $-14.19M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $6.55M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $5.82M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $12.81M USD 2 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $11.41M USD 2 Qtrs
Gains on sales of assets, net, including fixed assets held-for-sale GainLossOnSalesOfAssetsAndAssetImpairmentCharges $6.92M USD 2 Qtrs
Gains on sales of assets, net, including fixed assets held-for-sale GainLossOnSalesOfAssetsAndAssetImpairmentCharges $6.07M USD 2 Qtrs
Other non-cash items, net OtherNoncashIncomeExpense $-2.69M USD 2 Qtrs
Other non-cash items, net OtherNoncashIncomeExpense $2.90M USD 2 Qtrs
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $471.72M USD 2 Qtrs
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-117.02M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $8.55M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $265.00K USD 2 Qtrs
Other assets, current and long-term portion IncreaseDecreaseInOtherOperatingAssets $-6.19M USD 2 Qtrs
Other assets, current and long-term portion IncreaseDecreaseInOtherOperatingAssets $-58.95M USD 2 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-26.36M USD 2 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $188.51M USD 2 Qtrs
Billings in excess of costs and earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $-28.41M USD 2 Qtrs
Billings in excess of costs and earnings IncreaseDecreaseInBillingInExcessOfCostOfEarnings $44.52M USD 2 Qtrs
Other liabilities, current and long-term portion IncreaseDecreaseInOtherOperatingLiabilities $28.27M USD 2 Qtrs
Other liabilities, current and long-term portion IncreaseDecreaseInOtherOperatingLiabilities $10.81M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $23.22M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $351.46M USD 2 Qtrs
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $94.65M USD 2 Qtrs
Cash paid for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $6.68M USD 2 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $88.00M USD 2 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $57.45M USD 2 Qtrs
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $19.57M USD 2 Qtrs
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $13.88M USD 2 Qtrs
Payments for other investments PaymentsToAcquireOtherInvestments $35.71M USD 2 Qtrs
Payments for other investments PaymentsToAcquireOtherInvestments $4.97M USD 2 Qtrs
Proceeds from other investments ProceedsFromSaleAndMaturityOfOtherInvestments $5.42M USD 2 Qtrs
Proceeds from other investments ProceedsFromSaleAndMaturityOfOtherInvestments $14.71M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-111.09M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-122.80M USD 2 Qtrs
Proceeds from credit facilities ProceedsFromLongTermLinesOfCredit $1.64B USD 2 Qtrs
Proceeds from credit facilities ProceedsFromLongTermLinesOfCredit $1.63B USD 2 Qtrs
Repayments of credit facilities RepaymentsOfLongTermLinesOfCredit $1.75B USD 2 Qtrs
Repayments of credit facilities RepaymentsOfLongTermLinesOfCredit $1.37B USD 2 Qtrs
Proceeds from (repayments of) other borrowings, net ProceedsFromRepaymentsOfOtherLongTermDebt $-15.80M USD 2 Qtrs
Proceeds from (repayments of) other borrowings, net ProceedsFromRepaymentsOfOtherLongTermDebt $1.00K USD 2 Qtrs
Payments of finance lease obligations FinanceLeasePrincipalPayments $37.93M USD 2 Qtrs
Payments of finance lease obligations FinanceLeasePrincipalPayments $38.65M USD 2 Qtrs
Payments of acquisition-related contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities $29.27M USD 2 Qtrs
Payments of acquisition-related contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities $15.93M USD 2 Qtrs
Proceeds from (distributions to) non-controlling interests ProceedsFromPaymentsToMinorityShareholders $584.00K USD 2 Qtrs
Proceeds from (distributions to) non-controlling interests ProceedsFromPaymentsToMinorityShareholders $-559.00K USD 2 Qtrs
Proceeds from stock-based awards, net ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $1.93M USD 2 Qtrs
Proceeds from stock-based awards, net ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $2.29M USD 2 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $5.65M USD 2 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $128.31M USD 2 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $67.72M USD 2 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-196.82M USD 2 Qtrs
Effect of currency translation on cash EffectOfExchangeRateOnCashAndCashEquivalents $-80.00K USD 2 Qtrs
Effect of currency translation on cash EffectOfExchangeRateOnCashAndCashEquivalents $512.00K USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $31.75M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-19.64M USD 2 Qtrs
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $27.42M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $40.33M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $59.18M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $20.68M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $27.42M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $40.33M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $59.18M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $20.68M USD Point-in-time
Interest paid InterestPaidNet $43.10M USD 2 Qtrs
Interest paid InterestPaidNet $36.07M USD 2 Qtrs
Income tax payments (refunds), net IncomeTaxesPaidNet $39.42M USD 2 Qtrs
Income tax payments (refunds), net IncomeTaxesPaidNet $-13.97M USD 2 Qtrs
Additions to property and equipment from finance leases RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability $39.55M USD 2 Qtrs
Additions to property and equipment from finance leases RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability $110.16M USD 2 Qtrs
Stockholders Equity 47 line items
Line Item Tag Value Unit Period
Beginning balance, common shares outstanding (in shares) CommonStockSharesIssued 91.33M shares Point-in-time
Beginning balance, common shares outstanding (in shares) CommonStockSharesIssued 91.63M shares Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.37B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.39B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.55B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Beginning balance, treasury shares (in shares) TreasuryStockCommonShares 15.34M shares Point-in-time
Beginning balance, treasury shares (in shares) TreasuryStockCommonShares 15.33M shares Point-in-time
Cumulative effect of adoption, Topic 606 CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $1.56M USD Point-in-time
Net income (loss) ProfitLoss $120.22M USD 1 Quarter
Net income (loss) ProfitLoss $106.86M USD 2 Qtrs
Net income (loss) ProfitLoss $163.33M USD 2 Qtrs
Net income (loss) ProfitLoss $80.40M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-14.18M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $8.48M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $1.28M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-8.62M USD 1 Quarter
Non-cash stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.57M USD 2 Qtrs
Non-cash stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $4.22M USD 1 Quarter
Non-cash stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.39M USD 1 Quarter
Non-cash stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.94M USD 2 Qtrs
Issuance (forfeiture) of restricted shares, net StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 1 Quarter
Issuance (forfeiture) of restricted shares, net StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 2 Qtrs
Issuance (forfeiture) of restricted shares, net StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 2 Qtrs
Issuance (forfeiture) of restricted shares, net StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 1 Quarter
Other stock issuances, net of shares withheld for taxes StockIssuedDuringPeriodValueOther $989.00K USD 1 Quarter
Other stock issuances, net of shares withheld for taxes StockIssuedDuringPeriodValueOther $1.88M USD 2 Qtrs
Other stock issuances, net of shares withheld for taxes StockIssuedDuringPeriodValueOther $1.20M USD 1 Quarter
Other stock issuances, net of shares withheld for taxes StockIssuedDuringPeriodValueOther $2.24M USD 2 Qtrs
Acquisition of treasury stock, at cost TreasuryStockValueAcquiredCostMethod $602.00K USD 2 Qtrs
Acquisition of treasury stock, at cost TreasuryStockValueAcquiredCostMethod $98.40M USD 1 Quarter
Acquisition of treasury stock, at cost TreasuryStockValueAcquiredCostMethod $128.31M USD 2 Qtrs
Acquisition of treasury stock, at cost TreasuryStockValueAcquiredCostMethod $29.86M USD 1 Quarter
Contributions from non-controlling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $584.00K USD 1 Quarter
Contributions from non-controlling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $584.00K USD 2 Qtrs
Ending balance, common shares outstanding (in shares) CommonStockSharesIssued 91.33M shares Point-in-time
Ending balance, common shares outstanding (in shares) CommonStockSharesIssued 91.63M shares Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.37B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.39B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.55B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Ending balance, treasury shares (in shares) TreasuryStockCommonShares 15.34M shares Point-in-time
Ending balance, treasury shares (in shares) TreasuryStockCommonShares 15.33M shares Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $120.22M USD 1 Quarter
Net income ProfitLoss $106.86M USD 2 Qtrs
Net income ProfitLoss $163.33M USD 2 Qtrs
Net income ProfitLoss $80.40M USD 1 Quarter
Foreign currency translation gains (losses), net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $113.00K USD 1 Quarter
Foreign currency translation gains (losses), net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-2.17M USD 2 Qtrs
Foreign currency translation gains (losses), net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $13.00K USD 2 Qtrs
Foreign currency translation gains (losses), net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-1.65M USD 1 Quarter
Unrealized (losses) gains on equity investee activity, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-14.19M USD 2 Qtrs
Unrealized (losses) gains on equity investee activity, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.94M USD 1 Quarter
Unrealized (losses) gains on equity investee activity, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-8.73M USD 1 Quarter
Unrealized (losses) gains on equity investee activity, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $10.65M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $149.15M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $81.69M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $111.60M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $115.34M USD 2 Qtrs
Comprehensive income (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $513.00K USD 1 Quarter
Comprehensive income (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-188.00K USD 2 Qtrs
Comprehensive income (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-91.00K USD 1 Quarter
Comprehensive income (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $507.00K USD 2 Qtrs
Comprehensive income attributable to MasTec, Inc. ComprehensiveIncomeNetOfTax $81.78M USD 1 Quarter
Comprehensive income attributable to MasTec, Inc. ComprehensiveIncomeNetOfTax $148.64M USD 2 Qtrs
Comprehensive income attributable to MasTec, Inc. ComprehensiveIncomeNetOfTax $111.09M USD 1 Quarter
Comprehensive income attributable to MasTec, Inc. ComprehensiveIncomeNetOfTax $115.53M USD 2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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