2018 Q2 Form 10-Q Financial Statement
#000001561518000027 Filed on August 02, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
Revenue | $1.618B | $1.890B |
YoY Change | -14.41% | 53.38% |
Cost Of Revenue | $1.367B | $1.626B |
YoY Change | -15.97% | 52.25% |
Gross Profit | $251.2M | $263.8M |
YoY Change | -4.78% | 60.66% |
Gross Profit Margin | 15.53% | 13.96% |
Selling, General & Admin | $67.60M | $70.80M |
YoY Change | -4.52% | 4.27% |
% of Gross Profit | 26.91% | 26.84% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $51.70M | $45.38M |
YoY Change | 13.93% | 11.61% |
% of Gross Profit | 20.58% | 17.2% |
Operating Expenses | $120.1M | $116.4M |
YoY Change | 3.18% | 5.82% |
Operating Profit | $131.1M | $147.4M |
YoY Change | -11.06% | 171.96% |
Interest Expense | -$15.00M | -$8.700M |
YoY Change | 72.41% | -28.69% |
% of Operating Profit | -11.44% | -5.9% |
Other Income/Expense, Net | -$800.0K | -$146.0K |
YoY Change | 447.95% | -90.42% |
Pretax Income | $116.2M | $138.8M |
YoY Change | -16.26% | 230.09% |
Income Tax | $35.80M | $55.43M |
% Of Pretax Income | 30.81% | 39.95% |
Net Earnings | $80.50M | $81.70M |
YoY Change | -1.47% | 239.0% |
Net Earnings / Revenue | 4.98% | 4.32% |
Basic Earnings Per Share | $1.02 | $1.01 |
Diluted Earnings Per Share | $1.01 | $0.99 |
COMMON SHARES | ||
Basic Shares Outstanding | 78.98M shares | 80.93M shares |
Diluted Shares Outstanding | 80.06M shares | 82.29M shares |
Balance Sheet
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $20.70M | $18.20M |
YoY Change | 13.74% | 106.82% |
Cash & Equivalents | $20.70M | $18.23M |
Short-Term Investments | ||
Other Short-Term Assets | $40.15M | $27.27M |
YoY Change | 47.22% | -55.42% |
Inventory | $100.2M | $95.54M |
Prepaid Expenses | $43.22M | $80.27M |
Receivables | $2.077B | $1.569B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.282B | $1.791B |
YoY Change | 27.42% | 35.47% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $739.4M | $648.5M |
YoY Change | 14.03% | 15.99% |
Goodwill | $1.147B | $1.040B |
YoY Change | 10.22% | 4.23% |
Intangibles | $181.5M | $185.9M |
YoY Change | -2.38% | -3.45% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $232.8M | $158.1M |
YoY Change | 47.29% | 201.86% |
Total Long-Term Assets | $2.300B | $2.033B |
YoY Change | 13.16% | 12.8% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.282B | $1.791B |
Total Long-Term Assets | $2.300B | $2.033B |
Total Assets | $4.582B | $3.823B |
YoY Change | 19.84% | 22.39% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $544.4M | $429.6M |
YoY Change | 26.72% | -2.57% |
Accrued Expenses | $187.4M | $134.8M |
YoY Change | 39.02% | 58.52% |
Deferred Revenue | $251.1M | |
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $84.20M | $75.40M |
YoY Change | 11.67% | 7.1% |
Total Short-Term Liabilities | $1.253B | $928.7M |
YoY Change | 34.89% | 7.19% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.533B | $1.314B |
YoY Change | 16.68% | 31.6% |
Other Long-Term Liabilities | $159.6M | $94.90M |
YoY Change | 68.17% | 4.88% |
Total Long-Term Liabilities | $159.6M | $94.90M |
YoY Change | 68.17% | 4.88% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.253B | $928.7M |
Total Long-Term Liabilities | $159.6M | $94.90M |
Total Liabilities | $3.152B | $2.590B |
YoY Change | 21.67% | 20.27% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $965.8M | $632.6M |
YoY Change | 52.67% | 58.12% |
Common Stock | $792.9M | $805.1M |
YoY Change | -1.52% | 1.88% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.428B | $1.226B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $4.582B | $3.823B |
YoY Change | 19.84% | 22.39% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $80.50M | $81.70M |
YoY Change | -1.47% | 239.0% |
Depreciation, Depletion And Amortization | $51.70M | $45.38M |
YoY Change | 13.93% | 11.61% |
Cash From Operating Activities | -$60.30M | -$254.4M |
YoY Change | -76.3% | -2119.05% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$65.50M | -$28.00M |
YoY Change | 133.93% | -44.66% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$14.80M | -$51.70M |
YoY Change | -71.37% | -1666.67% |
Cash From Investing Activities | -$80.20M | -$79.70M |
YoY Change | 0.63% | 68.5% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 121.2M | 336.6M |
YoY Change | -63.99% | 750.0% |
NET CHANGE | ||
Cash From Operating Activities | -60.30M | -254.4M |
Cash From Investing Activities | -80.20M | -79.70M |
Cash From Financing Activities | 121.2M | 336.6M |
Net Change In Cash | -19.30M | 2.500M |
YoY Change | -872.0% | -48.98% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$60.30M | -$254.4M |
Capital Expenditures | -$65.50M | -$28.00M |
Free Cash Flow | $5.200M | -$226.4M |
YoY Change | -102.3% | -458.23% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000015615 | ||
CY2018Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
80273818 | shares |
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
MASTEC INC | ||
dei |
Trading Symbol
TradingSymbol
|
MTZ | ||
CY2017Q4 | mtz |
Contract Receivables Netof Allowance
ContractReceivablesNetofAllowance
|
675700000 | USD |
CY2018Q2 | mtz |
Contract Receivables Netof Allowance
ContractReceivablesNetofAllowance
|
552100000 | USD |
CY2017Q2 | mtz |
Ebitda
EBITDA
|
198900000 | USD |
mtz |
Ebitda
EBITDA
|
322400000 | USD | |
CY2018Q2 | mtz |
Ebitda
EBITDA
|
188700000 | USD |
mtz |
Ebitda
EBITDA
|
293200000 | USD | |
CY2018Q2 | mtz |
Effect Of Repurchases On Weighted Average Shares Outstanding
EffectOfRepurchasesOnWeightedAverageSharesOutstanding
|
2500000 | shares |
mtz |
Effect Of Repurchases On Weighted Average Shares Outstanding
EffectOfRepurchasesOnWeightedAverageSharesOutstanding
|
1400000 | shares | |
mtz |
Intangible Assets Acquired Gross Excluding Goodwill
IntangibleAssetsAcquiredGrossExcludingGoodwill
|
3200000 | USD | |
mtz |
Intangible Assets Excluding Goodwill Purchase Accounting Adjustments
IntangibleAssetsExcludingGoodwillPurchaseAccountingAdjustments
|
-300000 | USD | |
mtz |
Intangible Assets Gross Excluding Goodwill Translation Adjustments
IntangibleAssetsGrossExcludingGoodwillTranslationAdjustments
|
-2200000 | USD | |
CY2017Q4 | mtz |
Longterm Debtand Capital Lease Obligations Including Current Maturities Gross
LongtermDebtandCapitalLeaseObligationsIncludingCurrentMaturitiesGross
|
1381600000 | USD |
CY2018Q2 | mtz |
Longterm Debtand Capital Lease Obligations Including Current Maturities Gross
LongtermDebtandCapitalLeaseObligationsIncludingCurrentMaturitiesGross
|
1628700000 | USD |
mtz |
Net Financing Activities And Advances From To Consolidated Affiliates
NetFinancingActivitiesAndAdvancesFromToConsolidatedAffiliates
|
0 | USD | |
mtz |
Net Financing Activities And Advances From To Consolidated Affiliates
NetFinancingActivitiesAndAdvancesFromToConsolidatedAffiliates
|
0 | USD | |
mtz |
Number Of Customers1
NumberOfCustomers1
|
395 | customer | |
mtz |
Retainage Expected Collection Period
RetainageExpectedCollectionPeriod
|
P1Y | ||
CY2017Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
377954000 | USD |
CY2018Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
544398000 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1598015000 | USD |
CY2018Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2077487000 | USD |
CY2017Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
148971000 | USD |
CY2018Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
187394000 | USD |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
749100000 | USD |
CY2018Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
796600000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-63712000 | USD |
CY2018Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-55234000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
775387000 | USD |
CY2018Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
783825000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7166000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6571000 | USD | |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
8200000 | USD |
CY2018Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
9500000 | USD |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1615000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1451000 | USD | |
CY2017Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
4900000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
9000000 | USD | |
CY2018Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5400000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
10300000 | USD | |
CY2017Q4 | us-gaap |
Assets
Assets
|
4066576000 | USD |
CY2018Q2 | us-gaap |
Assets
Assets
|
4582157000 | USD |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1852366000 | USD |
CY2018Q2 | us-gaap |
Assets Current
AssetsCurrent
|
2281770000 | USD |
CY2017Q4 | us-gaap |
Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
|
194494000 | USD |
CY2018Q2 | us-gaap |
Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
|
243224000 | USD |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
109914000 | USD | |
us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
39548000 | USD | |
us-gaap |
Business Acquisition Pro Forma Information Description
BusinessAcquisitionProFormaInformationDescription
|
These unaudited pro forma financial results represent the results of operations of the companies acquired as if the acquired companies had been consolidated as of the beginning of the year prior to their acquisition, and are provided for illustrative purposes only. These unaudited pro forma financial results do not purport to be indicative of the actual results that would have been achieved by the combined companies for the periods indicated, or of the results that may be achieved by the combined companies in the future. The Company’s unaudited pro forma financial results were prepared by adjusting the historical results of MasTec to include the historical results of the acquired businesses described above, and then adjusted for (i) acquisition costs; (ii) amortization expense resulting from the acquired intangible assets; (iii) interest expense as a result of the cash consideration paid; (iv) interest expense from debt repaid upon acquisition; and (iv) elimination of the effects of intercompany transactions and other purchase accounting related adjustments. These unaudited pro forma financial results do not include adjustments to reflect other cost savings or synergies that may have resulted from these acquisitions. | ||
CY2017Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
84700000 | USD |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
127100000 | USD | |
CY2018Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
80600000 | USD |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
104700000 | USD | |
CY2017Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
1924000000 | USD |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
3144200000 | USD | |
CY2018Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
1617400000 | USD |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
3017700000 | USD | |
us-gaap |
Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
|
25000000 | USD | |
us-gaap |
Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
|
3510000 | USD | |
us-gaap |
Business Combination Contingent Consideration Arrangements Range Of Outcomes Maximum Unlimited
BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesMaximumUnlimited
|
there is no maximum payment amount | ||
CY2018Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Range Of Outcomes Value High
BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh
|
171000000 | USD |
CY2018Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Range Of Outcomes Value Low
BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow
|
16000000 | USD |
CY2017Q2 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
1600000 | USD |
us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
1600000 | USD | |
CY2018Q2 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
500000 | USD |
us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
2500000 | USD | |
CY2017Q2 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
33900000 | USD |
us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
33900000 | USD | |
CY2018Q2 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
45700000 | USD |
us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
122600000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1499000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
12315000 | USD | |
CY2017Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
181200000 | USD |
CY2018Q2 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
182600000 | USD |
CY2017Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
109900000 | USD |
CY2018Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
115800000 | USD |
CY2017Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
23500000 | USD |
CY2018Q2 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
25000000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
38767000 | USD |
CY2017Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
18230000 | USD |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
40326000 | USD |
CY2018Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
20684000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-20537000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-19642000 | USD | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.10 | |
CY2018Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.10 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
145000000 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
145000000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
90935584 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
91080280 | shares |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
9094000 | USD |
CY2018Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
9108000 | USD |
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
79533000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
122317000 | USD | |
CY2018Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
81777000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
115530000 | USD | |
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1664000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1321000 | USD | |
CY2018Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-91000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-188000 | USD | |
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
81197000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
123638000 | USD | |
CY2018Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
81686000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
115342000 | USD | |
CY2017Q4 | us-gaap |
Contract Receivable Due One Year Or Less
ContractReceivableDueOneYearOrLess
|
683900000 | USD |
CY2018Q2 | us-gaap |
Contract Receivable Due One Year Or Less
ContractReceivableDueOneYearOrLess
|
561600000 | USD |
CY2017Q4 | us-gaap |
Contract Receivable Retainage Due One Year Or Less
ContractReceivableRetainageDueOneYearOrLess
|
323100000 | USD |
CY2018Q2 | us-gaap |
Contract Receivable Retainage Due One Year Or Less
ContractReceivableRetainageDueOneYearOrLess
|
317900000 | USD |
CY2017Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
922300000 | USD |
CY2018Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
1525400000 | USD |
CY2017Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
206100000 | USD |
CY2018Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
251100000 | USD |
CY2018Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
15000000 | USD |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
99800000 | USD | |
CY2018Q2 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
5200000 | USD |
us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
47400000 | USD | |
CY2017Q4 | us-gaap |
Contracts Receivable Claims And Uncertain Amounts Expected To Be Collected Within One Year
ContractsReceivableClaimsAndUncertainAmountsExpectedToBeCollectedWithinOneYear
|
146000000 | USD |
CY2018Q2 | us-gaap |
Contracts Receivable Claims And Uncertain Amounts Expected To Be Collected Within One Year
ContractsReceivableClaimsAndUncertainAmountsExpectedToBeCollectedWithinOneYear
|
190000000 | USD |
CY2017Q2 | us-gaap |
Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
|
1626335000 | USD |
us-gaap |
Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
|
2597469000 | USD | |
CY2018Q2 | us-gaap |
Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
|
1366584000 | USD |
us-gaap |
Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
|
2603883000 | USD | |
CY2017Q4 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
599200000 | USD |
CY2018Q2 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
1207500000 | USD |
CY2017Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
13000000 | USD |
CY2018Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
11500000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
76584000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-172000 | USD | |
CY2017Q4 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
18000000 | USD |
CY2017Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
204518000 | USD |
CY2018Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
206411000 | USD |
CY2017Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
45379000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
88282000 | USD | |
CY2018Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
51676000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
101615000 | USD | |
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. | ||
CY2017Q4 | us-gaap |
Due From Affiliate Noncurrent
DueFromAffiliateNoncurrent
|
0 | USD |
CY2018Q2 | us-gaap |
Due From Affiliate Noncurrent
DueFromAffiliateNoncurrent
|
0 | USD |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.01 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.52 | ||
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.02 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.34 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.99 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.49 | ||
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.01 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.32 | ||
us-gaap |
Earnings Per Share Reconciliation Disclosure
EarningsPerShareReconciliationDisclosure
|
Basic earnings or loss per share is computed by dividing net income or loss attributable to MasTec by the weighted average number of common shares outstanding for the period, which excludes non-participating unvested restricted share awards. Diluted earnings per share is computed by dividing net income or loss attributable to MasTec by the weighted average number of fully diluted shares, as calculated under the treasury stock method, which includes the potential effect of dilutive common stock equivalents, such as issued but unvested restricted shares. If the Company reports a loss, rather than income, the computation of diluted loss per share excludes the effect of dilutive common stock equivalents, as their effect would be anti-dilutive. | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
125000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
512000 | USD | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | ||
CY2017Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
89087000 | USD |
CY2018Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
108647000 | USD |
CY2017Q2 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1300000 | USD |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
2500000 | USD | |
CY2018Q2 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1000000 | USD |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1800000 | USD | |
CY2018Q2 | us-gaap |
Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
18000000 | USD |
CY2017Q2 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
0 | USD |
us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
100000 | USD | |
CY2018Q2 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
200000 | USD |
us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
200000 | USD | |
us-gaap |
Factors Used To Identify Entitys Reportable Segments
FactorsUsedToIdentifyEntitysReportableSegments
|
MasTec manages its 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. | ||
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
165800000 | USD |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
1873000 | USD | |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
6920000 | USD | |
CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
70823000 | USD |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
76633000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
135604000 | USD | |
CY2018Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
67602000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
131224000 | USD | |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
1137738000 | USD |
CY2018Q2 | us-gaap |
Goodwill
Goodwill
|
1146599000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
9800000 | USD | |
CY2018Q2 | us-gaap |
Goodwill Gross
GoodwillGross
|
1218200000 | USD |
CY2018Q2 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
71600000 | USD |
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
1600000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
138766000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
206751000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
116183000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
153772000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
83300000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
124000000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
80400000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
106900000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
6060000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
7706000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5824000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
11409000 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
|
0 | USD |
us-gaap |
Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
|
0 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
|
0 | USD |
us-gaap |
Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
|
0 | USD | |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
55434000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
82792000 | USD | |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
35782000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
46908000 | USD | |
CY2017Q4 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-120100000 | USD |
CY2018Q2 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
1500000 | USD |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-13975000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
113975000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
180150000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
388818000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
471716000 | USD | |
us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
-58594000 | USD | |
us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
44524000 | USD | |
us-gaap |
Increase Decrease In Book Overdrafts
IncreaseDecreaseInBookOverdrafts
|
-9760000 | USD | |
us-gaap |
Increase Decrease In Book Overdrafts
IncreaseDecreaseInBookOverdrafts
|
8361000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-28295000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
8550000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
81286000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-58949000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-5189000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
10813000 | USD | |
CY2017Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
356900000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
191142000 | USD |
CY2018Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
181515000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
1328900000 | USD |
CY2018Q2 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
1328100000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
25743000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
36068000 | USD | |
CY2017Q2 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-14791000 | USD |
us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-27388000 | USD | |
CY2018Q2 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-20795000 | USD |
us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
-37854000 | USD | |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
76992000 | USD |
CY2018Q2 | us-gaap |
Inventory Net
InventoryNet
|
100231000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
2633223000 | USD |
CY2018Q2 | us-gaap |
Liabilities
Liabilities
|
3151759000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4066576000 | USD |
CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4582157000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
963827000 | USD |
CY2018Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1252777000 | USD |
CY2017Q4 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
388700000 | USD |
CY2018Q2 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
366000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1280706000 | USD |
CY2018Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1532978000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
87866000 | USD |
CY2018Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
84215000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
1368600000 | USD |
CY2018Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
1617200000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
2554000 | USD |
CY2018Q2 | us-gaap |
Minority Interest
MinorityInterest
|
2366000 | USD |
CY2017Q2 | us-gaap |
Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
|
31000000 | USD |
us-gaap |
Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
|
37300000 | USD | |
CY2018Q2 | us-gaap |
Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
|
21800000 | USD |
us-gaap |
Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
|
35100000 | USD | |
us-gaap |
Multiemployer Plans General Nature
MultiemployerPlansGeneralNature
|
Certain of MasTec’s subsidiaries, including certain subsidiaries in Canada, contribute amounts to multiemployer pension and other multiemployer benefit plans and trusts (“MEPPs”), which 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. | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
228790000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
67724000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-149292000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-111095000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-100160000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
23217000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
81668000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
122638000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
80492000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
107052000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1664000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1321000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-91000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-188000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
81668000 | USD |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
122638000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
80492000 | USD |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
107052000 | USD | |
CY2017Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-146000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-576000 | USD | |
CY2018Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-788000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2301000 | USD | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
5 | segment | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
5 | segment | |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
35763000 | USD |
CY2018Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
40152000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
178824000 | USD |
CY2018Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
232848000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
595000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
1774000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-1652000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-2175000 | USD | |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-2730000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-2095000 | USD | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
2937000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
10653000 | USD | |
CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
65455000 | USD |
CY2018Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
84899000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
184172000 | USD |
CY2018Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
159593000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-13190000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2686000 | USD | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
6676000 | USD | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
15929000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
128311000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
37444000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
6684000 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
74482000 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
35713000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
56853000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
87997000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
1280000 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
559000 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1 | |
CY2018Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2018Q2 | us-gaap |
Profit Loss
ProfitLoss
|
80401000 | USD |
CY2018Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
101270000 | USD |
CY2018Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
43216000 | USD |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
5000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
1927000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1153230000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1638874000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-6240000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
12118000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
5415000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
7369000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
13884000 | USD | |
CY2017Q2 | us-gaap |
Profit Loss
ProfitLoss
|
83332000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
123959000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
106864000 | USD | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1455600000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1536000000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
706506000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
739425000 | USD |
CY2017Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
200000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
700000 | USD | |
CY2018Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
500000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1400000 | USD | |
us-gaap |
Quarterly Financial Information Income Taxes Significant Variation Description
QuarterlyFinancialInformationIncomeTaxesSignificantVariationDescription
|
In determining the quarterly provision for income taxes, management uses an estimated annual effective tax rate based on forecasted annual pre-tax income, permanent tax differences, statutory tax rates and tax planning opportunities in the various jurisdictions in which the Company operates. The effect of significant discrete items is separately recognized in the quarter(s) in which they occur. | ||
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
30858000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
37926000 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
869100000 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
1374552000 | USD | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
41100000 | USD | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
53700000 | USD | |
us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
10291000 | USD | |
us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
15800000 | USD | |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
857154000 | USD |
CY2018Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
965768000 | USD |
CY2018Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
5100000000 | USD |
CY2018Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
3000000000 | USD |
CY2018Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P6M | |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
1890180000 | USD |
us-gaap |
Revenues
Revenues
|
3048364000 | USD | |
CY2018Q2 | us-gaap |
Revenues
Revenues
|
1617804000 | USD |
us-gaap |
Revenues
Revenues
|
3014638000 | USD | |
us-gaap |
Segment Reporting Description Of All Other Segments
SegmentReportingDescriptionOfAllOtherSegments
|
The Other segment includes equity investees, the services of which vary from those provided by the Company’s four primary segments, as well as other small business units that perform construction and other services for a variety of international end-markets. | ||
CY2017Q4 | us-gaap |
Senior Notes
SeniorNotes
|
400000000 | USD |
CY2018Q2 | us-gaap |
Senior Notes
SeniorNotes
|
400000000 | USD |
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. Much of the work performed by the Company is evaluated for defects shortly after the work is completed. | ||
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1430799000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1428032000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1433353000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1430398000 | USD |
CY2017Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
8132811 | shares |
CY2018Q2 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
10835749 | shares |
CY2017Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
147124000 | USD |
CY2018Q2 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
275435000 | USD |
CY2018Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
29900000 | USD |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1075000 | shares | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
128300000 | USD | |
CY2017Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1367000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1414000 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1078000 | shares |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
82292000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
82226000 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
80062000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
81136000 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
80925000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
80812000 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
78984000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
80061000 | shares | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Certain prior year amounts have been reclassified to conform to the current period presentation.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;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-top:8px;text-align:justify;text-indent:48px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">The preparation of consolidated financial statements in accordance with U.S. GAAP requires the use of estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are based on historical experience and various other assumptions, the results of which form the basis of making judgments about the Company’s operating results and the carrying values of assets and liabilities that are not readily apparent from other sources. 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 project-related depreciation, in particular, on construction contracts accounted for under the cost-to-cost method, for which the recorded amounts require estimates of costs to complete and the amount of variable consideration included in the contract transaction price; allowances for doubtful accounts; fair value estimates, including those related to business acquisitions, valuations of goodwill and intangible assets, acquisition-related contingent consideration and equity investments; asset lives used in computing depreciation and amortization; fair values of financial instruments; self-insurance liabilities; other accruals and allowances; income taxes; and the estimated effects of litigation and other contingencies. While management believes that such estimates are reasonable when considered in conjunction with the Company’s consolidated financial position and results of operations taken as a whole, actual results could differ materially from those estimates.</font></div></div> |