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Acquisitions and Other Investments (Tables) | 6 Months Ended
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Jun. 30, 2013
Big Country [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, Consideration Paid and Purchase Price Allocation | The following table summarizes the preliminary estimated fair value of consideration paid and the allocation of purchase price as of the date of acquisition:
| May 1, 2013
| (in millions)
Purchase price consideration: |
Cash | $ | 103.5 |
Fair value of contingent consideration (earn-out liability) | 22.8 |
Total consideration transferred | $ | 126.3 |
Purchase price allocation to identifiable assets acquired and liabilities assumed: |
Current assets | $ | 69.0 |
Property and equipment | 42.6 |
Pre-qualifications | 29.6 |
Finite-lived intangible assets | 10.1 |
Current liabilities | (21.9 | )
Long-term debt | (24.4 | )
Deferred income taxes | (10.1 | )
Total identifiable net assets | $ | 94.9 |
Goodwill | $ | 31.4 |
Total consideration allocated | $ | 126.3 |
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination | The fair values and weighted average useful lives of Big Country's acquired finite-lived intangible assets were assigned as follows as of the date of acquisition:
| Fair Value |  | Weighted Average Useful Life
| (in millions) |  | (in years)
Backlog | $ | 1.8 |  |  | 1
Non-compete agreements | 1.8 |  |  | 8
Customer relationships | 6.5 |  |  | 6
Total acquired amortizing intangibles | $ | 10.1 |  |  | 5
Acquisitions During 2013 [Member] |
Business Acquisition [Line Items] |
Business Acquisition, Pro Forma Information |
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2013 |  | 2012 |  | 2013 |  | 2012
| (unaudited, in millions) |  | (unaudited, in millions)
Revenue | $ | 995.1 |  |  | $ | 1,039.5 |  |  | $ | 1,987.9 |  |  | $ | 1,849.8 |
Net income | $ | 34.7 |  |  | $ | 29.6 |  |  | $ | 57.9 |  |  | $ | 47.2 |
Results of Acquired Businesses 2013 Revenues and net income resulting from the year over year incremental impact of the Company's 2013 acquisitions are included in MasTec's consolidated results of operations as follows (in millions):
| For the Three and Six Months Ended June 30, 2013
Revenue | $ | 39.6 |
Net income | $ | 1.5 |
Bottom Line Services [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, Consideration Paid and Purchase Price Allocation | The following table summarizes the estimated fair value of consideration paid and the allocation of purchase price for BLS, as revised, as of the date of acquisition:
| December 1, 2012
| (in millions)
Purchase price consideration: |
Cash | $ | 67.6 |
Fair value of contingent consideration (earn-out liability) | 11.1 |
Total consideration transferred | $ | 78.7 |
Purchase price allocation to identifiable assets acquired and liabilities assumed: |
Current assets | $ | 36.3 |
Property and equipment | 12.6 |
Trade name | 2.6 |
Non-compete agreements | 0.5 |
Customer relationships | 24.4 |
Current liabilities | (12.8 | )
Total identifiable net assets | $ | 63.6 |
Goodwill | $ | 15.1 |
Total consideration allocated | $ | 78.7 |
Acquisitions During 2012 [Member] |
Business Acquisition [Line Items] |
Business Acquisition, Pro Forma Information | Revenues and net income resulting from the year over year incremental impact of the Company's 2012 acquisitions are included in MasTec's consolidated results of operations as follows (in millions):
| For the Three Months Ended June 30, 2013 |  | For the Six Months Ended June 30, 2013
Revenue | $ | 47.0 |  |  | $ | 90.0 |
Net income | $ | 2.0 |  |  | $ | 3.8 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 54 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 55 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph r(2, 3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 52 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph F4 -Subparagraph e -Appendix F Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 44 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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