2014 Q4 Form 10-K Financial Statement

#000001561516000093 Filed on February 26, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014 Q2
Revenue $1.231B $1.316B $1.107B
YoY Change 6.23% 3.63% 13.26%
Cost Of Revenue $1.063B $1.123B $950.7M
YoY Change 7.7% 3.87% 15.56%
Gross Profit $170.6M $192.6M $156.5M
YoY Change -0.87% 2.28% 0.97%
Gross Profit Margin 13.86% 14.64% 14.13%
Selling, General & Admin $70.90M $59.90M $54.20M
YoY Change 27.52% 1.53% 4.43%
% of Gross Profit 41.56% 31.1% 34.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.50M $41.75M $36.76M
YoY Change 12.43% 10.57% 9.38%
% of Gross Profit 24.91% 21.68% 23.49%
Operating Expenses $110.6M $101.8M $90.10M
YoY Change 22.21% 8.3% 5.01%
Operating Profit $60.00M $90.80M $66.40M
YoY Change -26.47% -3.71% -4.05%
Interest Expense -$13.20M -$12.00M -$12.90M
YoY Change 10.92% -5.51% 9.32%
% of Operating Profit -22.0% -13.22% -19.43%
Other Income/Expense, Net $1.416M $1.923M
YoY Change -49.03% -697.2%
Pretax Income $46.80M $79.76M $54.50M
YoY Change -32.76% -2.29% -4.9%
Income Tax $18.80M $30.32M $20.76M
% Of Pretax Income 40.17% 38.01% 38.09%
Net Earnings $21.10M $49.00M $33.70M
YoY Change -49.16% 6.29% -3.44%
Net Earnings / Revenue 1.71% 3.72% 3.04%
Basic Earnings Per Share $0.26 $0.60 $0.43
Diluted Earnings Per Share $0.25 $0.57 $0.39
COMMON SHARES
Basic Shares Outstanding 81.88M shares 81.81M shares 78.27M shares
Diluted Shares Outstanding 85.82M shares 86.73M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.10M $7.100M $15.90M
YoY Change 5.24% 153.57% 19.55%
Cash & Equivalents $24.06M $7.067M $15.92M
Short-Term Investments
Other Short-Term Assets $44.46M $71.90M $69.40M
YoY Change -43.86% 74.94% 303.49%
Inventory $112.8M $105.0M $115.6M
Prepaid Expenses $46.87M
Receivables $1.304B $1.386B $1.280B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.532B $1.570B $1.483B
YoY Change 17.19% 17.82% 16.54%
LONG-TERM ASSETS
Property, Plant & Equipment $623.1M $614.4M $618.7M
YoY Change 27.65% 21.82% 31.48%
Goodwill $1.083B $1.000B $983.1M
YoY Change 20.01% 12.2% 14.29%
Intangibles $250.4M $222.2M $230.6M
YoY Change 51.21% 28.57% 36.69%
Long-Term Investments
YoY Change
Other Assets $76.27M $59.58M $73.82M
YoY Change 26.3% 11.13% 77.05%
Total Long-Term Assets $2.019B $1.896B $1.906B
YoY Change 24.93% 16.9% 23.09%
TOTAL ASSETS
Total Short-Term Assets $1.532B $1.570B $1.483B
Total Long-Term Assets $2.019B $1.896B $1.906B
Total Assets $3.551B $3.466B $3.389B
YoY Change 21.47% 17.32% 20.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $485.3M $481.8M $494.1M
YoY Change 14.22% 1.28% 28.88%
Accrued Expenses $89.34M $82.95M $69.40M
YoY Change 25.05% 28.32% -44.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $73.60M $71.80M $76.90M
YoY Change 43.19% 34.71% 54.11%
Total Short-Term Liabilities $980.8M $905.2M $863.7M
YoY Change 18.28% 2.6% 8.15%
LONG-TERM LIABILITIES
Long-Term Debt $1.061B $1.088B $1.089B
YoY Change 38.65% 39.54% 34.99%
Other Long-Term Liabilities $66.91M $45.98M $43.95M
YoY Change 65.79% 8.04% 13.84%
Total Long-Term Liabilities $66.91M $45.98M $43.95M
YoY Change 65.79% 8.04% 13.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $980.8M $905.2M $863.7M
Total Long-Term Liabilities $66.91M $45.98M $43.95M
Total Liabilities $2.416B $2.336B $2.300B
YoY Change 27.01% 18.24% 21.0%
SHAREHOLDERS EQUITY
Retained Earnings $457.8M $436.7M $387.7M
YoY Change 33.91% 45.38% 52.5%
Common Stock $765.5M $790.1M $785.0M
YoY Change -7.94% -4.55% -4.03%
Preferred Stock
YoY Change
Treasury Stock (at cost) $45.57M $83.39M $83.39M
YoY Change -69.62% -44.41% -44.41%
Treasury Stock Shares 2.876M shares 5.263M shares 5.263M shares
Shareholders Equity $1.144B $1.126B $1.084B
YoY Change
Total Liabilities & Shareholders Equity $3.564B $3.466B $3.389B
YoY Change 21.92% 17.32% 20.13%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $21.10M $49.00M $33.70M
YoY Change -49.16% 6.29% -3.44%
Depreciation, Depletion And Amortization $42.50M $41.75M $36.76M
YoY Change 12.43% 10.57% 9.38%
Cash From Operating Activities $242.0M $25.70M $75.70M
YoY Change 240.37% -75.85% -2465.62%
INVESTING ACTIVITIES
Capital Expenditures -$18.30M -$23.40M -$32.00M
YoY Change -26.51% -46.7% 1.27%
Acquisitions
YoY Change
Other Investing Activities -$178.3M $1.900M -$132.0M
YoY Change -9484.21% -106.71% 20.77%
Cash From Investing Activities -$196.6M -$21.60M -$164.0M
YoY Change 754.78% -70.08% 16.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -28.30M -12.20M 94.90M
YoY Change 0.71% -73.01% 98.12%
NET CHANGE
Cash From Operating Activities 242.0M 25.70M 75.70M
Cash From Investing Activities -196.6M -21.60M -164.0M
Cash From Financing Activities -28.30M -12.20M 94.90M
Net Change In Cash 17.10M -8.100M 6.600M
YoY Change -14.5% -26.36% -106.86%
FREE CASH FLOW
Cash From Operating Activities $242.0M $25.70M $75.70M
Capital Expenditures -$18.30M -$23.40M -$32.00M
Free Cash Flow $260.3M $49.10M $107.7M
YoY Change 171.15% -67.33% 279.23%

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CY2014Q2 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
950700000 USD
CY2014Q3 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
1122900000 USD
CY2014Q4 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
1063100000 USD
CY2014 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
3977963000 USD
CY2015Q1 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
886400000 USD
CY2015Q2 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
945900000 USD
CY2015Q3 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
972700000 USD
CY2015Q4 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
916300000 USD
CY2015 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
3721303000 USD
CY2014Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
485600000 USD
CY2015Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
332700000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
77000000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
47300000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-4500000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1700000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
3900000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9400000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
89600000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
57800000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
8200000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10900000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6600000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3300000 USD
CY2013 us-gaap Debt Instrument Convertible If Converted Value In Excess Of Principal
DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
0 USD
CY2015 us-gaap Debt Instrument Convertible If Converted Value In Excess Of Principal
DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
0 USD
CY2013 us-gaap Debt Issuance Costs
DebtIssuanceCosts
9600000 USD
CY2014 us-gaap Debt Issuance Costs
DebtIssuanceCosts
2600000 USD
CY2015 us-gaap Debt Issuance Costs
DebtIssuanceCosts
2400000 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
500000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
14900000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
25700000 USD
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1500000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2700000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-19900000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6533000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13756000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3925000 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
257000000 USD
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
260800000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3900000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1000000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net Current
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31700000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net Current
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19200000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
85200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
91200000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
17800000 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
29900000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
15900000 USD
CY2015Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
13100000 USD
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.004
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.013
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.144
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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0.024
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
20700000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
17700000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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5000000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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3100000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
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26000000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
27700000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
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200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
300000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
171800000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
169600000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
47500000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
57700000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
44000000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
37800000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
203476000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
188759000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
11300000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
16400000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
114300000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
118900000 USD
CY2015Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
0 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
140926000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
154452000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
169662000 USD
CY2015 us-gaap Description Of Basis Of Accounting For Transactions Between Reportable Segments
DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments
Intercompany revenue and costs among the reportable segments are de minimus and accounted for as if the sales were to third parties because these items are based on negotiated fees between the segments involved. All intercompany transactions and balances are eliminated in consolidation. Intercompany revenue and costs between entities within a reportable segment are eliminated to arrive at segment totals. Eliminations between segments are separately presented.
CY2015 us-gaap Description Of Types Of Products And Services From Which Each Reportable Segment Derives Its Revenues
DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues
All five reportable segments derive their revenue from the engineering, installation and maintenance of infrastructure, primarily in North America.
CY2014 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-4300000 USD
CY2014Q4 us-gaap Due From Affiliate Noncurrent
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0 USD
CY2015Q4 us-gaap Due From Affiliate Noncurrent
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0 USD
CY2014Q4 us-gaap Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
0 USD
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.83
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.45
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.98
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.98
CY2015 us-gaap Earnings Per Share Reconciliation Disclosure
EarningsPerShareReconciliationDisclosure
Basic earnings or loss per share is computed by dividing net income or loss available to MasTec’s common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share is computed by dividing net income available to MasTec’s common shareholders by the number of fully diluted shares, which includes the effect of dilutive potential issuances of common shares as determined using income from continuing operations, including the potential issuance of common shares upon the exercise, conversion or vesting of outstanding stock options and unvested restricted shares, as calculated under the treasury stock method, as well as shares associated with the Company’s convertible debt securities, which matured and were converted in 2014. If the Company reports a loss, rather than income, from continuing operations, the computation of diluted loss per share excludes dilutive common stock equivalents as their effect would be anti-dilutive. For the year ended December 31, 2015, the Company reported a net loss from continuing operations, which resulted in the exclusion of 563,803 weighted average dilutive common shares from the calculation of diluted net loss per share for the related period.
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-24000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1292000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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1132000 USD
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.385
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.385
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.176
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.004
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.001
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.012
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.007
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.036
CY2013 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.025
CY2014 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.016
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.010
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.034
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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-0.135
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.008
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.014
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.040
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.037
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.010
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.177
CY2014Q4 us-gaap Employee Related Liabilities Current
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60528000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
46550000 USD
CY2013 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
3900000 USD
CY2014 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
800000 USD
CY2015 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
500000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9700000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8700000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4200000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
4315000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3728000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
57000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
4315000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3728000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
57000 USD
CY2015 us-gaap Factors Used To Identify Entitys Reportable Segments
FactorsUsedToIdentifyEntitysReportableSegments
MasTec manages its continuing operations under five operating segments, which represent MasTec’s five reportable segments: (1) Communications; (2) Oil and Gas; (3) Electrical Transmission; (4) Power Generation and Industrial and (5) Other. This structure is generally focused on broad end-user markets for MasTec’s labor-based construction services.
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
79500000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
25500000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20900000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7300000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8500000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
12700000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
16300000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
91200000 USD
CY2013 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
1492000 USD
CY2014 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
6434000 USD
CY2015 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
8191000 USD
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5624000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
215402000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
238305000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
265910000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
902000000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
1082466000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
988511000 USD
CY2014 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
184800000 USD
CY2013 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2014 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2015 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
78625000 USD
CY2015Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
68500000 USD
CY2015Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
68500000 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
68500000 USD
CY2015 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-3600000 USD
CY2014 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-10800000 USD
CY2015 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-22700000 USD
CY2015 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
10100000 USD
CY2015Q4 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
10100000 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.53
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.08
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.05
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.10
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.96
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.98
CY2013 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.74
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.14
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.39
CY2013 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
147492000 USD
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
122375000 USD
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-79110000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
233400000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
171400000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-26500000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
240214000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
198430000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-67746000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
6800000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
27000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-41200000 USD
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
147672000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
12300000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
33700000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
49400000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
26600000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
122001000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-6400000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-3800000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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7400000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-76900000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-79703000 USD
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.92
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.16
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.43
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.60
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.33
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.32
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.42
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.08
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.05
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.09
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.96
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.98
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
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-6456000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-6452000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014 us-gaap Increase Decrease In Inventories
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12621000 USD
CY2013 us-gaap Increase Decrease In Book Overdrafts
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6363000 USD
CY2014 us-gaap Increase Decrease In Book Overdrafts
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9911000 USD
CY2015 us-gaap Increase Decrease In Book Overdrafts
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4699000 USD
CY2013 us-gaap Increase Decrease In Inventories
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-13481000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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-6542000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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-6452000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.09
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.08
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.08
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.07
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013 us-gaap Income Loss From Subsidiaries Net Of Tax
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0 USD
CY2014 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2015 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
92542000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76429000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11957000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
79504000 USD
CY2014 us-gaap Income Taxes Paid Net
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76975000 USD
CY2015 us-gaap Income Taxes Paid Net
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2536000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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72514000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-87494000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-162441000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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204330000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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-163773000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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-362275000 USD
CY2013 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
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-8227000 USD
CY2014 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
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-34320000 USD
CY2015 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
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-5085000 USD
CY2015 us-gaap Increase Decrease In Inventories
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-22356000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
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-6248000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
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14221000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
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7647000 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
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-185000 USD
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
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-4872000 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
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-7497000 USD
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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777000 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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813000 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2013Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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245100000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
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165600000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
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250373000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
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199379000 USD
CY2014Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
1332800000 USD
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
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1187900000 USD
CY2013 us-gaap Interest Expense Debt
InterestExpenseDebt
46800000 USD
CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
50900000 USD
CY2015 us-gaap Interest Expense Debt
InterestExpenseDebt
48700000 USD
CY2013 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
37600000 USD
CY2014 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
43500000 USD
CY2015 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
45800000 USD
CY2013 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
315000 USD
CY2014 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
181000 USD
CY2015 us-gaap Interest On Convertible Debt Net Of Tax
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0 USD
CY2013 us-gaap Interest Paid
InterestPaid
37531000 USD
CY2014 us-gaap Interest Paid
InterestPaid
42979000 USD
CY2015 us-gaap Interest Paid
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47405000 USD
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-46442000 USD
CY2014 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-50769000 USD
CY2015 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
-48055000 USD
CY2014Q4 us-gaap Inventory Net
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112804000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
90599000 USD
CY2014Q4 us-gaap Inventory Valuation Reserves
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6400000 USD
CY2015Q4 us-gaap Inventory Valuation Reserves
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2800000 USD
CY2013 us-gaap Investment Income Interest
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400000 USD
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
100000 USD
CY2015 us-gaap Investment Income Interest
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600000 USD
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2415905000 USD
CY2015Q4 us-gaap Liabilities
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1996806000 USD
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3563980000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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2940197000 USD
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980848000 USD
CY2015Q4 us-gaap Liabilities Current
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752789000 USD
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373900000 USD
CY2015Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
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298500000 USD
CY2014Q4 us-gaap Liability For Uncertain Tax Positions Current
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0 USD
CY2015Q4 us-gaap Liability For Uncertain Tax Positions Current
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0 USD
CY2014Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
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0 USD
CY2015Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
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0 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations
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1061159000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
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945464000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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73631000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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77654000 USD
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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1134800000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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1023200000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
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400100000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
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219200000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
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265600000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
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60200000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
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77700000 USD
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400000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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36300000 USD
CY2014Q2 us-gaap Net Income Loss
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33700000 USD
CY2014Q3 us-gaap Net Income Loss
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49000000 USD
CY2014Q4 us-gaap Net Income Loss
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21100000 USD
CY2014 us-gaap Net Income Loss
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115923000 USD
CY2015Q1 us-gaap Net Income Loss
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-6300000 USD
CY2014Q4 us-gaap Minority Interest
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CY2015Q4 us-gaap Minority Interest
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3821000 USD
CY2013 us-gaap Multiemployer Plan Period Contributions
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48200000 USD
CY2014 us-gaap Multiemployer Plan Period Contributions
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36400000 USD
CY2015 us-gaap Multiemployer Plan Period Contributions
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32800000 USD
CY2015 us-gaap Multiemployer Plans General Nature
MultiemployerPlansGeneralNature
Certain of MasTec’s subsidiaries, including certain subsidiaries in Canada, are party to various collective bargaining agreements with unions representing certain of their employees. These agreements require the subsidiaries party to the agreements to pay specified wages, provide certain benefits to their union employees and contribute certain amounts to multiemployer pension and other multiemployer benefit plans and trusts. These contributions are recorded as a component of employee wages and salaries within costs of revenue, excluding depreciation and amortization. Contributions are generally based on fixed amounts per hour per employee for employees covered under these plans. Multiemployer plan contribution rates are determined annually and assessed on a “pay-as-you-go” basis based on union employee payrolls. Union payrolls cannot be determined for future periods because the number of union employees employed at any given time, and the plans in which they may participate, vary depending upon the location and number of ongoing projects at a given time and the need for union resources in connection with those projects. The collective bargaining agreements expire at various times and have typically been renegotiated and renewed on terms similar to the ones contained in the expiring agreements.
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
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58993000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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118675000 USD
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-258920000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
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-263211000 USD
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-439262000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-128700000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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200402000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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323011000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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367413000 USD
CY2013 us-gaap Net Income Loss
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140950000 USD
CY2013 us-gaap Net Income Loss
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141000000 USD
CY2014Q1 us-gaap Net Income Loss
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12100000 USD
CY2015Q2 us-gaap Net Income Loss
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CY2015Q3 us-gaap Net Income Loss
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7600000 USD
CY2015Q4 us-gaap Net Income Loss
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-76700000 USD
CY2015 us-gaap Net Income Loss
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-79110000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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266000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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-374000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-593000 USD
CY2013 us-gaap Net Income Loss Attributable To Parent Diluted
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141265000 USD
CY2014 us-gaap Net Income Loss Attributable To Parent Diluted
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116104000 USD
CY2015 us-gaap Net Income Loss Attributable To Parent Diluted
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-79110000 USD
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5 segment
CY2015 us-gaap Number Of Reportable Segments
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5 segment
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9900000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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18300000 USD
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CY2015Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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51800000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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10000000 USD
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CY2015Q4 us-gaap Other Assets Current
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CY2014Q4 us-gaap Other Assets Noncurrent
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CY2015Q4 us-gaap Other Assets Noncurrent
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60738000 USD
CY2013 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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-7556000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-20718000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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-38347000 USD
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-7785000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
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-20718000 USD
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-38347000 USD
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43459000 USD
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66907000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
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68119000 USD
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-8009000 USD
CY2014 us-gaap Other Noncash Income Expense
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-5955000 USD
CY2015 us-gaap Other Noncash Income Expense
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-1537000 USD
CY2013 us-gaap Payments For Proceeds From Investments
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1200000 USD
CY2014 us-gaap Payments For Proceeds From Investments
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1100000 USD
CY2015 us-gaap Payments For Proceeds From Investments
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58100000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
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100000000 USD
CY2013 us-gaap Payments Of Financing Costs
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2572000 USD
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2436000 USD
CY2013 us-gaap Payments Of Merger Related Costs Financing Activities
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18683000 USD
CY2014 us-gaap Payments Of Merger Related Costs Financing Activities
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60341000 USD
CY2015 us-gaap Payments Of Merger Related Costs Financing Activities
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47523000 USD
CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1200000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2700000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1100000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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148567000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
345543000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
148000 USD
CY2013 us-gaap Payments To Acquire Other Investments
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16173000 USD
CY2014 us-gaap Payments To Acquire Other Investments
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4092000 USD
CY2015 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
127480000 USD
CY2013 us-gaap Payments To Acquire Productive Assets
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126288000 USD
CY2014 us-gaap Payments To Acquire Productive Assets
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109254000 USD
CY2015 us-gaap Payments To Acquire Productive Assets
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84410000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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1
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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1
CY2014Q4 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2014Q4 us-gaap Property Plant And Equipment Gross
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1088700000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
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1086900000 USD
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623118000 USD
CY2014Q4 us-gaap Stockholders Equity
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1143661000 USD
CY2015Q4 us-gaap Stockholders Equity
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939570000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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861875000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1021058000 USD
CY2015 us-gaap Repayments Of Long Term Lines Of Credit
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1742077000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
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15858000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
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16655000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
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13932000 USD
CY2015Q4 us-gaap Product Warranty Accrual
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0 USD
CY2013 us-gaap Profit Loss
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141216000 USD
CY2014 us-gaap Profit Loss
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115549000 USD
CY2015 us-gaap Profit Loss
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-79703000 USD
CY2013 us-gaap Repayments Of Other Debt
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70700000 USD
CY2014Q4 us-gaap Preferred Stock Value
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0 USD
CY2015Q4 us-gaap Preferred Stock Value
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0 USD
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
46873000 USD
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
58023000 USD
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ProceedsFromDivestitureOfBusinessesNetOfCashDivested
-2997000 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2013 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
400000000 USD
CY2014 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
8355000 USD
CY2014 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1113000 USD
CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1566000 USD
CY2013 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1149040000 USD
CY2014 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
2385971000 USD
CY2015 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1702431000 USD
CY2013 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
250000000 USD
CY2014 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-202300000 USD
CY2013 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
0 USD
CY2014 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
2972000 USD
CY2015 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
69406000 USD
CY2013 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
14956000 USD
CY2014 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2015 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
558667000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1800000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2100000 USD
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
229000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
CY2013 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
43040000 USD
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
51587000 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
57095000 USD
CY2013 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1249601000 USD
CY2014 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1939612000 USD
CY2014 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3867000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2246000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
544000 USD
CY2014 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
104427000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
10700000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3000000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
900000 USD
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
10700000 USD
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3000000 USD
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
900000 USD
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y11M16D
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y3M15D
CY2014 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
67300000 USD
CY2015 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
70900000 USD
CY2013 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
27705000 USD
CY2014 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
15700000 USD
CY2015 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
13843000 USD
CY2013 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
150000000 USD
CY2014 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
202325000 USD
CY2015 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
457788000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
378678000 USD
CY2013 us-gaap Revenues
Revenues
4324787000 USD
CY2014Q1 us-gaap Revenues
Revenues
957800000 USD
CY2014Q2 us-gaap Revenues
Revenues
1107200000 USD
CY2014Q3 us-gaap Revenues
Revenues
1315500000 USD
CY2014Q4 us-gaap Revenues
Revenues
1231300000 USD
CY2014 us-gaap Revenues
Revenues
4611803000 USD
CY2015Q1 us-gaap Revenues
Revenues
1003300000 USD
CY2015Q2 us-gaap Revenues
Revenues
1066600000 USD
CY2015Q3 us-gaap Revenues
Revenues
1111000000 USD
CY2015Q4 us-gaap Revenues
Revenues
1027400000 USD
CY2015 us-gaap Revenues
Revenues
4208330000 USD
CY2015 us-gaap Segment Reporting Description Of All Other Segments
SegmentReportingDescriptionOfAllOtherSegments
The Other segment includes a proportionately consolidated non-controlled Canadian joint venture, equity method investments and other small business units that perform construction services in a variety of international end-markets.
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
10600000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6500000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
800000 USD
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P0Y6M18D
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y11M16D
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y3M15D
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P0Y6M18D
CY2015 us-gaap Standard Product Warranty Description
StandardProductWarrantyDescription
MasTec also generally warrants the work it performs for a one to two-year period following substantial completion of a project.
CY2014 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
-91784000 USD
CY2013 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
4626000 USD
CY2014 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
-1137000 USD
CY2015 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
1024000 USD
CY2013 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1148075000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
943391000 USD
CY2013 us-gaap Stockholders Equity Other
StockholdersEquityOther
0 USD
CY2014 us-gaap Stockholders Equity Other
StockholdersEquityOther
0 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2876311 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
8094004 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
45573000 USD
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
145573000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100000000 USD
CY2015 us-gaap Unapproved Change Orders Description
UnapprovedChangeOrdersDescription
The Company may incur costs subject to change orders, whether approved or unapproved by the customer, and/or claims related to certain contracts. Management determines the probability that such costs will be recovered based upon engineering studies and legal opinions, past practices with the customer, specific discussions, correspondence or preliminary negotiations with the customer. The Company treats project costs as a cost of contract performance in the period incurred if it is not probable that the costs will be recovered, or defers costs and/or recognizes revenue up to the amount of the related cost if it is probable that the contract price will be adjusted and can be reliably estimated. As of December 31, 2015 and 2014, the Company had approximately $38 million and $87 million, respectively, of change orders and/or claims that had been included as contract price adjustments on certain contracts that were in the process of being resolved in the normal course of business, including through negotiation, arbitration and other proceedings. These contract price adjustments, which are included within costs and earnings in excess of billings or billed accounts receivable, as appropriate, represent management’s best estimate of contract revenue that has been or will be earned and that management believes is probable of collection.
CY2015 us-gaap Valuation Allowance Methodologies And Assumptions
ValuationAllowanceMethodologiesAndAssumptions
In assessing the ability to realize the deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which these temporary differences become deductible. Management considers the projected future taxable income and prudent and feasible tax planning strategies in making this assessment.
CY2012Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
17000000 USD
CY2013Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
28800000 USD
CY2014Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
33000000 USD
CY2015Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
17700000 USD
CY2013 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
17000000 USD
CY2014 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
7800000 USD
CY2015 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
2200000 USD
CY2013 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
5200000 USD
CY2014 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
3600000 USD
CY2015 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
17500000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84901000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86196000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80489000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76923000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79953000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80489000 shares
CY2015 us-gaap Revenue Recognition Percentage Of Completion Method
RevenueRecognitionPercentageOfCompletionMethod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Revenue from fixed price contracts provides for a fixed amount of revenue for the entire project, subject to certain additions for changed scope or specifications. Revenue from these contracts, as well as for certain projects pursuant to master and other service agreements, is recognized using the percentage-of-completion method, under which the percentage of revenue to be recognized for a given project is measured by the percentage of costs incurred to date on the contract to the total estimated costs for the contract. Such contracts provide that the customer accept completion of progress to date and compensate the Company for services rendered, which may be measured in terms of costs incurred, units installed, hours expended or some other measure of progress. Contract costs include all direct materials, labor and subcontracted costs and those indirect costs related to contract performance, such as indirect labor, supplies, tools, repairs and the operational costs of capital equipment (excluding certain depreciation). Much of the materials associated with the Company&#8217;s work are customer-furnished and are therefore not included in contract revenue and costs. </font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">The estimation process for revenue recognized under the percentage-of-completion method is based on the professional knowledge and experience of the Company&#8217;s engineers, project managers and financial professionals. Management reviews estimates of contract revenue and costs on an ongoing basis. Changes in job performance, job conditions and final contract settlements are factors that influence management&#8217;s assessment of total contract value and total estimated costs to complete those contracts and, therefore, the Company&#8217;s profit recognition. Changes in these factors may result in revisions to costs and income, and their effects are recognized in the period in which the revisions are determined, which could materially affect the Company&#8217;s results of operations in the period in which such changes are recognized. Excluding the effects on the Company&#8217;s 2015 results of project losses of (i) </font><font style="font-family:inherit;font-size:9pt;">$21.4 million</font><font style="font-family:inherit;font-size:9pt;"> on a Canadian wind project, (ii) </font><font style="font-family:inherit;font-size:9pt;">$16.3 million</font><font style="font-family:inherit;font-size:9pt;"> on a proportionately consolidated non-controlled Canadian joint venture, and (iii) </font><font style="font-family:inherit;font-size:9pt;">$14.0 million</font><font style="font-family:inherit;font-size:9pt;"> on an Electrical Transmission project, project profit was affected by less than </font><font style="font-family:inherit;font-size:9pt;">5%</font><font style="font-family:inherit;font-size:9pt;"> for both the years ended </font><font style="font-family:inherit;font-size:9pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:9pt;"> and </font><font style="font-family:inherit;font-size:9pt;">2014</font><font style="font-family:inherit;font-size:9pt;"> as a result of changes in contract estimates included in projects that were in process as of </font><font style="font-family:inherit;font-size:9pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:9pt;"> and </font><font style="font-family:inherit;font-size:9pt;">2013</font><font style="font-family:inherit;font-size:9pt;">, respectively. Provisions for losses on uncompleted contracts are made in the period in which such losses are determined to be probable and the amount can be reasonably estimated. The majority of fixed price contracts are generally completed within </font><font style="font-family:inherit;font-size:9pt;">one</font><font style="font-family:inherit;font-size:9pt;"> year. </font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:24px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;font-weight:bold;">Management Estimates</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">The preparation of financial statements in conformity with U.S. GAAP requires the use of estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Key estimates include: the recognition of revenue and project profit or loss (which the Company defines as project revenue less project costs of revenue, including depreciation), in particular, on long-term construction contracts or other projects accounted for under the percentage-of-completion method, for which the recorded amounts require estimates of costs to complete projects, ultimate project profit and the amount of contract price adjustments that are probable; allowances for doubtful accounts; estimated fair values of goodwill and intangible assets and liabilities, acquisition-related contingent consideration and investments in cost and equity method investees; asset lives used in computing depreciation and amortization; accrued self-insured claims; share-based compensation; accounting for income taxes; and the estimated impact of contingencies and ongoing litigation. While management believes that such estimates are fair when considered in conjunction with its consolidated financial position and results of operations taken as a whole, actual results could differ from those estimates and such differences could be material to the consolidated financial statements. </font></div></div>

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