Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2013

The following table provides details underlying the Company’s earnings per share calculations for the periods indicated (in thousands):



	Years Ended December 31,
	2013			2012			2011
Net income attributable to MasTec:
Net income, continuing operations - basic (a)	$	147,492		$	116,639		$	97,454
Interest expense, net of tax, 2009 Convertible Notes	315			311			487
Net income, continuing operations - diluted	$	147,807		$	116,950		$	97,941
Net (loss) income from discontinued operations - basic and diluted (a)	(6,542		)	(9,213		)	8,547
Net income attributable to MasTec - diluted	$	141,265		$	107,737		$	106,488
Weighted average shares outstanding:
Weighted average shares outstanding - basic	76,923			78,275			82,182
Dilutive common stock equivalents	777			883			1,127
Dilutive premium shares, 2011 Convertible Notes	6,395			2,118			2,162
Dilutive shares, 2009 Convertible Notes	806			806			1,245
Weighted average shares outstanding - diluted	84,901			82,082			86,716

(a) Calculated as total net income less amounts attributable to non-controlling interests.

Convertible Debt [Member] | Unsecured Debt [Member] | 2011 Senior Convertible Notes [Member]

Earnings Per Share [Line Items]

Schedule of Convertible Note Premium Share Information

The calculations underlying the number of premium shares included in the Company’s diluted share count for the periods indicated are as follows (in thousands, except per share amounts):



	As of and for the Years Ended December 31,
	2013				2012				2011
Premium Share Information:	2011 4.0% Notes		2011 4.25% Notes		2011 4.0% Notes		2011 4.25% Notes		2011 4.0% Notes		2011 4.25% Notes
Number of conversion shares, principal amount	6,683		6,268		6,683		6,268		6,683		6,268
Weighted average actual per share price	$	30.86	$	30.86	$	18.68	$	18.68	$	18.90	$	18.88
Weighted average premium value	$	100,911	$	96,423	$	19,494	$	20,064	$	20,968	$	21,319
Weighted average equivalent premium shares	3,270		3,125		1,044		1,074		1,067		1,095