Acquisitions (Tables)

6 Months Ended

Jun. 30, 2014

Business Acquisition [Line Items]

Schedule of Business Acquisitions, Pro Forma Information

The unaudited supplemental pro forma financial information presented below has been prepared by adjusting the historical results of MasTec to include the historical results of the acquired businesses described above. The unaudited supplemental pro forma combined historical results were then adjusted (i) to remove one-time acquisition costs; (ii) to increase amortization expense resulting from the incremental intangible assets acquired in such acquisitions; (iii) to increase interest expense as a result of the cash consideration paid; and (iv) to reduce interest expense from the repayment of acquired debt. The unaudited supplemental pro forma financial information does not include any adjustments to reflect the impact of cost savings or other synergies that may result from these acquisitions. As noted above, the unaudited supplemental pro forma financial information does not purport to be indicative of the actual results that would have been achieved by the combined companies for the periods presented or that may be achieved by the combined companies in the future.

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2014		2013		2014		2013
Pro forma financial information:	(unaudited, in millions)				(unaudited, in millions)
Revenue	$	1,161.9	$	1,135.9	$	2,186.4	$	2,249.9
Net income from continuing operations	$	33.3	$	37.2	$	47.9	$	64.2

Results of Businesses Acquired

Revenues and net income resulting from the year over year incremental impact of acquired businesses, which are included within the Company's consolidated results of operations for the periods indicated, are as follows:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2014		2013		2014		2013
Year over year impact of acquired businesses:	(unaudited, in millions)				(unaudited, in millions)
Revenue	$	89.4	$	85.6	$	209.2	$	128.7
Net income from continuing operations	$	1.1	$	3.5	$	2.2	$	5.3

The above results do not include acquisition costs of $1.2 million and $0.8 million for the three month periods ended June 30, 2014 and June 30, 2013, respectively, and $1.5 million and $1.3 million for the six month periods ended June 30, 2014 and June 30, 2013, respectively. The above results also do not include interest expense associated with consideration paid for these acquisitions.

Pacer [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, Consideration Paid and Net Assets Acquired

The following table summarizes the preliminary estimated fair values of consideration paid and the identifiable assets acquired and liabilities assumed as of the date of acquisition (in millions):

Purchase price consideration:	June 1, 2014
Cash	$	126.5
Fair value of contingent consideration (earn-out liability)	24.3
Total consideration transferred	$	150.8
Identifiable assets acquired and liabilities assumed:
Current assets	$	118.4
Equity method investments	3.5
Other long-term assets	8.7
Property and equipment	72.8
Pre-qualifications	39.2
Finite-lived intangible assets	19.6
Current liabilities	(48.0		)
Long-term debt	(87.0		)
Deferred income taxes	(29.3		)
Total identifiable net assets	$	97.9
Goodwill	$	52.9
Total net assets acquired, including goodwill	$	150.8

Schedule of Business Acquisitions, Amortizing Intangible Assets Acquired

The fair values and weighted average useful lives of Pacer's acquired finite-lived intangible assets as of the date of acquisition were assigned as follows:

	Fair Value		Weighted Average Useful Life
Amortizing intangible assets:	(in millions)		(in years)
Backlog	$	5.4	2
Non-compete agreements	2.3		8
Customer relationships	11.9		9
Total acquired amortizing intangibles	$	19.6	7

2013 Acquisitions [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, Measurement Period Adjustments

Measurement period adjustments associated with the Company's 2013 acquisitions have been reflected in the Company's December 31, 2013 consolidated balance sheet as follows (in millions):

As of December 31, 2013:	As Previously Reported		Measurement Period Adjustments			As Revised
Current assets	$	1,306.0	$	1.0		$	1,307.0
Goodwill	$	899.4	$	2.6		$	902.0
Current liabilities	$	825.5	$	3.7		$	829.2
Long-term deferred tax liabilities, net	$	154.9	$	(0.1	)	$	154.8