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Segments and Related Information (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Schedule of Financial Information by Reportable Segment
Summarized financial information for MasTec’s reportable segments is presented and reconciled to consolidated financial information for total MasTec in the following tables (in millions):
 
For the Three Months Ended March 31,
 
2015
 
2014
Revenue:
 
 
As Restated
Communications (a)
$
469.9

 
$
447.1

Oil and Gas
326.8

 
379.8

Electrical Transmission
116.0

 
73.9

Power Generation and Industrial
84.3

 
54.2

Other
6.6

 
2.8

Eliminations
(0.3
)
 
(0.0
)
Consolidated revenue
$
1,003.3

 
$
957.8

(a)
Revenue generated by utilities customers represented 8.8% and 7.0% of Communications segment revenue for the three month periods ended March 31, 2015 and 2014, respectively.
 
For the Three Months Ended March 31,
 
2015
 
2014
EBITDA - Continuing Operations:
 
 
As Restated
Communications
$
51.7

 
$
43.4

Oil and Gas
21.5

 
34.6

Electrical Transmission
(2.5
)
 
(2.7
)
Power Generation and Industrial
(8.9
)
 
0.6

Other
(5.1
)
 
0.2

Corporate
(13.9
)
 
(10.8
)
Consolidated EBITDA - Continuing operations:
$
42.8

 
$
65.3


 
For the Three Months Ended March 31,
Depreciation and Amortization:
2015
 
2014
Communications
$
12.0

 
$
9.9

Oil and Gas
22.0

 
18.1

Electrical Transmission
5.2

 
2.8

Power Generation and Industrial
1.6

 
1.5

Other
0.1

 

Corporate
1.7

 
1.2

Consolidated depreciation and amortization
$
42.6

 
$
33.5

Reconciliation of EBITDA to Consolidated (Loss) Income from Continuing Operations before Income Taxes
The following table presents a reconciliation of EBITDA to consolidated (loss) income from continuing operations before income taxes (in millions):
 
For the Three Months Ended March 31,
 
2015
 
2014
EBITDA Reconciliation:
 
 
As Restated
EBITDA - Continuing operations
$
42.8

 
$
65.3

Less:
 
 
 
Interest expense, net
(11.0
)
 
(12.0
)
Depreciation and amortization
(42.6
)
 
(33.5
)
(Loss) income from continuing operations before income taxes
$
(10.7
)
 
$
19.8

Schedule of Significant Customers, Revenue Concentration Information
Revenue concentration information for significant customers as a percentage of total consolidated revenue was as follows:
 
For the Three Months Ended March 31,
 
2015
 
2014
Customer:
 
 
As Restated
AT&T (a) (c)
19%
 
22%
DIRECTV® (b) (c)
14%
 
14%
Enbridge, Inc. (d)
1%
 
14%
(a)
The Company’s relationship with AT&T is based upon master service agreements, other service agreements and construction/installation contracts for AT&T’s wireless, wireline/fiber and home security and automation businesses. Revenue from AT&T is included in the Communications segment.
(b)
The Company’s relationship with DIRECTV® is based upon an agreement to provide installation and maintenance services for DIRECTV®. Revenue from DIRECTV® is included in the Communications segment.
(c)
AT&T acquired DIRECTV® in July 2015. On a combined basis, AT&T and DIRECTV® represented 32% and 36% of consolidated revenue for the three month periods ended March 31, 2015 and 2014, respectively.
(d)
The Company’s relationship with Enbridge, Inc. is based upon various construction contracts for natural gas pipelines. Revenue from Enbridge, Inc. is included in the Oil and Gas segment.