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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents, including restricted cash of $18,251 as of June 30, 2011 and $18,000 as of December 31, 2010 $ 78,456 $ 177,604
Accounts receivable, costs and earnings in excess of billings and retainage, net of allowance 583,062 444,363
Inventories 89,433 57,483
Deferred tax assets, net 6,328 11,990
Prepaid expenses and deposits 16,775 17,176
Other current assets 14,486 13,058
Total current assets 788,540 721,674
Property and equipment, net 240,636 180,786
Goodwill 794,949 613,369
Other intangible assets, net 126,101 78,190
Securities available for sale 14,436 18,997
Investments in unconsolidated entities 1,772 11,972
Other assets 29,885 30,840
Total assets 1,996,319 1,655,828
Current liabilities:    
Current maturities of long-term debt 23,567 18,399
Accounts payable 294,775 196,363
Accrued salaries and wages 53,087 33,079
Accrued taxes payable 12,726 15,269
Accrued insurance 14,662 16,616
Other accrued expenses 25,023 13,329
Acquisition-related contingent consideration, current portion 25,754 35,639
Billings in excess of costs and earnings 81,073 136,070
Other current liabilities 22,531 21,780
Total current liabilities 553,198 486,544
Acquisition-related contingent consideration 67,985 34,695
Other liabilities 24,231 24,789
Deferred tax liabilities, net 111,190 62,487
Long-term debt 400,015 394,151
Total liabilities 1,156,619 1,002,666
Commitments and contingencies (See Note 14)    
Shareholders' equity:    
Preferred stock, $1.00 par value; authorized shares - 5,000,000; issued and outstanding shares - none    
Common stock, $0.10 par value; authorized shares - 145,000,000; issued and outstanding shares - 84,655,474 and 78,215,189 as of June 30, 2011 and December 31, 2010, respectively 8,471 7,822
Capital surplus 784,177 663,927
Accumulated surplus (deficit) 53,087 (12,512)
Accumulated other comprehensive loss (6,098) (6,156)
Total MasTec shareholders' equity 839,637 653,081
Non-controlling interests 63 81
Total shareholders' equity 839,700 653,162
Total liabilities and shareholders' equity $ 1,996,319 $ 1,655,828