Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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| Income Statement [Abstract] | |||||
| Revenue | $ 2,874,115 | $ 2,301,792 | $ 5,458,774 | $ 4,256,192 | |
| Costs of revenue, excluding depreciation and amortization | 2,484,780 | 2,028,111 | 4,844,274 | 3,761,427 | |
| Depreciation | 103,038 | 87,001 | 210,285 | 172,195 | |
| Amortization of intangible assets | 42,043 | 27,673 | 83,987 | 53,263 | |
| General and administrative expenses | 176,155 | 133,785 | 340,069 | 279,175 | |
| Interest expense, net | 59,415 | 19,387 | 112,108 | 35,428 | |
| Equity in earnings of unconsolidated affiliates, net | (7,496) | (6,587) | (16,648) | (13,364) | |
| Other income, net | (3,508) | (5,825) | (9,709) | (2,071) | |
| Income (loss) before income taxes | 19,688 | 18,247 | (105,592) | (29,861) | |
| (Provision for) benefit from income taxes | (2,934) | (1,992) | 41,800 | 11,157 | |
| Net income (loss) | 16,754 | 16,255 | (63,792) | (18,704) | |
| Net income attributable to non-controlling interests | 1,212 | 43 | 1,206 | 62 | |
| Net income (loss) attributable to MasTec, Inc. | $ 15,542 | $ 16,212 | $ (64,998) | $ (18,766) | |
| Earnings (loss) per share (Note 2): | |||||
| Basic earnings (loss) per share (in dollars per share) | $ 0.20 | $ 0.22 | $ (0.84) | $ (0.25) | |
| Basic weighted average common shares outstanding (in shares) | 77,635 | 74,445 | 77,306 | 74,615 | |
| Diluted earnings (loss) per share (in dollars per share) | $ 0.20 | $ 0.20 | $ (0.84) | $ (0.27) | |
| Diluted weighted average common shares outstanding (in shares) | 78,372 | 75,537 | 77,306 | 74,647 | |
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- Definition Cost of product sold and service rendered, excluding depreciation, depletion, and amortization. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense for allocation of cost of intangible asset over its useful life directly used in production of good and rendering of service. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense for allocation of cost of tangible asset over its useful life directly used in production of good and rendering of service. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest revenue (income derived from investments in debt securities and on cash and cash equivalents) net of interest expense (cost of borrowed funds accounted for as interest). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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