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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2013
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, Pro Forma Information | The unaudited pro forma combined financial information presented below has been prepared by adjusting the historical results of MasTec to include the historical results of the acquisitions described above. The unaudited pro forma combined historical results were then adjusted (i) to remove one-time acquisition costs; (ii) to increase amortization expense resulting from the incremental intangible assets acquired in such acquisitions; (iii) to increase interest expense as a result of the cash consideration paid; and (iv) to reduce interest expense from the repayment of acquired debt. The unaudited pro forma financial information does not include any adjustments to reflect the impact of cost savings or other synergies that may result from these acquisitions. As noted above, the unaudited pro forma financial information does not purport to be indicative of the actual results that would have been achieved by the combined companies for the periods presented or that may be achieved by the combined company in the future.
| Years Ended December 31,
| 2013 |  | 2012 |  | 2011
Pro forma financial information: | (unaudited, in millions)
Revenue | $ | 4,444.0 |  |  | $ | 4,201.4 |  |  | $ | 3,037.8 |
Net income from continuing operations | $ | 156.4 |  |  | $ | 137.5 |  |  | $ | 104.2 |
Results of Businesses Acquired Revenues and net income resulting from the year over year incremental impact of businesses acquired in 2013, 2012 and 2011 included within the Company's consolidated results of operations for the years indicated are as follows (in millions):
| Years Ended December 31,
Year over year impact of acquired businesses: | 2013 |  | 2012 |  | 2011
Revenue | $ | 406.6 |  |  | $ | 170.8 |  |  | $ | 258.9 |
Net income from continuing operations | $ | 20.0 |  |  | $ | 11.8 |  |  | $ | 10.7 |
The above results do not include acquisition costs of $1.6 million, $0.7 million and $1.6 million for the years ended December 31, 2013, 2012 and 2011, respectively. The above results also do not include interest expense associated with consideration paid for these acquisitions.
Big Country [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, Consideration Paid and Net Assets Acquired | The following table summarizes the preliminary estimated fair values of consideration paid and the identifiable assets acquired and liabilities assumed, as adjusted, as of the date of acquisition (in millions):
Purchase price consideration: | May 1, 2013
Cash | $ | 103.5 |
Fair value of contingent consideration (earn-out liability) | 22.8 |
Total consideration transferred | $ | 126.3 |
Identifiable assets acquired and liabilities assumed: |
Current assets | $ | 69.0 |
Property and equipment | 43.5 |
Pre-qualifications | 29.6 |
Finite-lived intangible assets | 10.7 |
Current liabilities | (23.0 | )
Long-term debt | (24.4 | )
Deferred income taxes | (14.3 | )
Total identifiable net assets | $ | 91.1 |
Goodwill | $ | 35.2 |
Total net assets acquired, including goodwill | $ | 126.3 |
Schedule of Business Acquisitions, Finite-Lived Intangible Assets Acquired | The fair values and weighted average useful lives of Big Country's acquired finite-lived intangible assets, as adjusted, as of the date of acquisition were assigned as follows:
| Fair Value |  | Weighted Average Useful Life
Amortizing intangible assets: | (in millions) |  | (in years)
Backlog | $ | 1.9 |  |  | 1
Non-compete agreements | 1.8 |  |  | 8
Customer relationships | 7.0 |  |  | 6
Total acquired amortizing intangibles | $ | 10.7 |  |  | 5
2012 Acquisitions [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, Measurement Period Adjustments | Measurement period adjustments associated with the Company's 2012 acquisitions have been reflected in the Company's December 31, 2012 consolidated balance sheet as follows (in millions):
As of December 31, 2012 |  | As Previously Reported |  | Measurement Period Adjustments/Reclassifications |  | As Revised
Current assets |  | $ | 1,047.1 |  |  | $ | 2.5 |  |  | $ | 1,049.6 |
Property and equipment, net |  | $ | 350.4 |  |  | $ | (1.5 | ) |  | $ | 348.9 |
Goodwill |  | $ | 820.3 |  |  | $ | 6.3 |  |  | $ | 826.6 |
Other long-term assets, including discontinued operations |  | $ | 53.1 |  |  | $ | 1.1 |  |  | $ | 54.2 |
Current liabilities |  | $ | 705.7 |  |  | $ | 8.4 |  |  | $ | 714.1 |
EC Source [Member] |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, Consideration Paid and Net Assets Acquired | The following table summarizes the fair value of consideration paid and the identifiable assets acquired and liabilities assumed, as adjusted, as of date of acquisition (in millions):
Purchase price consideration: | May 2, 2011
Shares transferred | $ | 94.2 |
Cash | 0.3 |
Fair value of contingent consideration (earn-out liability) | 25.0 |
Total consideration transferred | $ | 119.5 |
Fair value of equity investment | $ | 39.6 |
Fair value of total consideration | $ | 159.1 |
Net assets acquired: |
Total identifiable net assets | $ | 38.4 |
Goodwill | $ | 120.7 |
Total net assets acquired, including goodwill | $ | 159.1 |

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