XML 18 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total MasTec, Inc. Shareholders’ Equity
Common Stock
Treasury Stock
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Loss
Non-Controlling Interests
Beginning balance, common shares outstanding (in shares) at Dec. 31, 2021     95,371,211          
Beginning balance at Dec. 31, 2021 $ 2,543,861 $ 2,539,809 $ 9,537 $ (586,955) $ 1,033,615 $ 2,162,388 $ (78,776) $ 4,052
Beginning balance, treasury shares (in shares) at Dec. 31, 2021       (18,941,926)        
Condensed Unaudited Consolidated Statements of Equity                
Net (loss) income 30,518 30,130       30,130   388
Other comprehensive income 27,455 27,455         27,455  
Non-cash stock-based compensation 18,870 18,870     18,870      
Issuance of restricted shares, net (in shares)     145,450          
Issuance of restricted shares, net 0 0 $ 15   (15)      
Shares withheld for taxes, net of other stock issuances (in shares)     (49,016)          
Shares withheld for taxes, net of other stock issuances (4,122) (4,122) $ (5)   (4,117)      
Issuance of shares in connection with acquisition (in shares)       133,157        
Issuance of shares in connection with acquisition $ 11,222 11,222   $ 4,336 6,886      
Acquisition of treasury stock, at cost (in shares) (1,124,000)     (1,124,286)        
Acquisition of treasury stock, at cost $ (81,291) (81,291)   $ (81,291)        
Ending balance, common shares outstanding (in shares) at Sep. 30, 2022     95,467,645          
Ending balance at Sep. 30, 2022 2,546,513 2,542,073 $ 9,547 $ (663,910) 1,055,239 2,192,518 (51,321) 4,440
Ending balance, treasury shares (in shares) at Sep. 30, 2022       (19,933,055)        
Beginning balance, common shares outstanding (in shares) at Jun. 30, 2022     95,491,405          
Beginning balance at Jun. 30, 2022 2,484,942 2,480,828 $ 9,549 $ (663,910) 1,049,576 2,143,622 (58,009) 4,114
Beginning balance, treasury shares (in shares) at Jun. 30, 2022       (19,933,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net (loss) income 49,222 48,896       48,896   326
Other comprehensive income 6,688 6,688         6,688  
Non-cash stock-based compensation 5,698 5,698     5,698      
Forfeiture of restricted shares, net (in shares)     (23,312)          
Forfeiture of restricted shares, net 0   $ (2)   2      
Shares withheld for taxes, net of other stock issuances (in shares)     (448)          
Shares withheld for taxes, net of other stock issuances $ (37) (37)     (37)      
Acquisition of treasury stock, at cost (in shares) 0              
Ending balance, common shares outstanding (in shares) at Sep. 30, 2022     95,467,645          
Ending balance at Sep. 30, 2022 $ 2,546,513 2,542,073 $ 9,547 $ (663,910) 1,055,239 2,192,518 (51,321) 4,440
Ending balance, treasury shares (in shares) at Sep. 30, 2022       (19,933,055)        
Beginning balance, common shares outstanding (in shares) at Dec. 31, 2022 98,615,105   98,615,105          
Beginning balance at Dec. 31, 2022 $ 2,741,187 2,737,329 $ 9,862 $ (663,910) 1,246,590 2,195,742 (50,955) 3,858
Beginning balance, treasury shares (in shares) at Dec. 31, 2022 (19,933,055)     (19,933,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net (loss) income $ (48,487) (50,702)       (50,702)   2,215
Other comprehensive income 4,864 4,864         4,864  
Non-cash stock-based compensation 24,336 24,336     24,336      
Issuance of restricted shares, net (in shares)     137,406          
Issuance of restricted shares, net 0 0 $ 14   (14)      
Shares withheld for taxes, net of other stock issuances (in shares)     (117,950)          
Shares withheld for taxes, net of other stock issuances (5,410) (5,410) $ (12)   (5,398)      
Issuance of shares in connection with acquisition (in shares)     4,112          
Issuance of shares in connection with acquisition 403 403     403      
Purchase of non-controlling interests (in shares)       120,000        
Purchase of non-controlling interests (10,000) (7,476)   $ 3,997 (11,473)     (2,524)
Acquisition-related assumption of non-controlling interest $ 6,828             6,828
Acquisition of treasury stock, at cost (in shares) 0              
Ending balance, common shares outstanding (in shares) at Sep. 30, 2023 98,638,673   98,638,673          
Ending balance at Sep. 30, 2023 $ 2,713,721 2,703,344 $ 9,864 $ (659,913) 1,254,444 2,145,040 (46,091) 10,377
Ending balance, treasury shares (in shares) at Sep. 30, 2023 (19,813,055)     (19,813,055)        
Beginning balance, common shares outstanding (in shares) at Jun. 30, 2023     98,674,249          
Beginning balance at Jun. 30, 2023 $ 2,688,420 2,679,052 $ 9,867 $ (659,913) 1,247,231 2,130,744 (48,877) 9,368
Beginning balance, treasury shares (in shares) at Jun. 30, 2023       (19,813,055)        
Condensed Unaudited Consolidated Statements of Equity                
Net (loss) income 15,305 14,296       14,296   1,009
Other comprehensive income 2,786 2,786         2,786  
Non-cash stock-based compensation 7,246 7,246     7,246      
Forfeiture of restricted shares, net (in shares)     (35,183)          
Forfeiture of restricted shares, net 0   $ (3)   3      
Shares withheld for taxes, net of other stock issuances (in shares)     (393)          
Shares withheld for taxes, net of other stock issuances $ (36) (36)     (36)      
Acquisition of treasury stock, at cost (in shares) 0              
Ending balance, common shares outstanding (in shares) at Sep. 30, 2023 98,638,673   98,638,673          
Ending balance at Sep. 30, 2023 $ 2,713,721 $ 2,703,344 $ 9,864 $ (659,913) $ 1,254,444 $ 2,145,040 $ (46,091) $ 10,377
Ending balance, treasury shares (in shares) at Sep. 30, 2023 (19,813,055)     (19,813,055)