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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Operations        
Revenue $ 750,942 $ 495,113 $ 1,369,433 $ 945,344
Costs of revenue, excluding depreciation and amortization 643,181 417,341 1,171,734 806,196
Gross profit 107,761 77,772 197,699 139,148
Depreciation and amortization 18,585 14,212 33,694 28,387
General and administrative expenses 37,560 30,983 70,059 58,655
Interest expense, net 8,254 7,269 16,166 14,645
Other (income) expense, net (29,565) 588 (29,730) 291
Income before provision for income taxes 72,927 24,720 107,510 37,170
Provision for income taxes (28,442) (10,159) (41,929) (15,214)
Net income 44,485 14,561 65,581 21,956
Net loss attributable to non-controlling interests (9) (40) (18) (55)
Net income attributable to MasTec 44,494 14,601 65,599 22,011
Earnings per share - basic and diluted (See Note 2 - Earnings Per Share)        
Basic net income per share attributable to MasTec $ 0.54 $ 0.19 $ 0.81 $ 0.29
Basic weighted average common shares outstanding 82,753 76,073 80,575 76,046
Diluted net income per share attributable to MasTec $ 0.51 $ 0.18 $ 0.77 $ 0.27
Diluted weighted average common shares outstanding 87,634 90,641 85,701 90,651
Supplemental disclosure (See Note 7 - Securities Available for Sale and Note 3 - Acquisitions and Other Investments)        
Total other-than-temporary impairment losses on securities available for sale, net   332   266
Less: Unrealized losses on securities available for sale, recognized in other comprehensive income, net   (78)   (144)
Unrealized losses on securities available for sale, recognized in earnings   410   410
Gain on remeasurement of equity interest in acquiree (29,041)   (29,041)  
Other (income) expense, net (524) 178 (689) (119)
Total other (income) expense, net $ (29,565) $ 588 $ (29,730) $ 291