Company: MTZ
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000015615-25-000079
Chunk: 4

Company: MASTEC INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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5

MASTEC, INC.

CONSOLIDATED STATEMENTS OF EQUITY

(unaudited - in thousands, except shares)

Common StockTreasury StockCapital SurplusRetained EarningsAccumulated Other Comprehensive LossTotal MasTec, Inc. Shareholders’ EquityNon-Controlling InterestsTotal Equity   SharesAmountSharesAmountThree Months Ended June 30, 2025Balance as of March 31, 202599,325,262 $9,932 (20,052,361)$(693,880)$1,293,708 $2,318,484 $(43,903)$2,884,341 $70,918 $2,955,259 Net income85,766 85,766 4,367 90,133 Other comprehensive income (loss)7,955 7,955 (5,094)2,861 Non-cash stock-based compensation9,371 9,371 9,371 Issuance of restricted shares, net10,812 1 (1)— — Shares withheld for taxes, net of other stock issuances(217)— (33)(33)(33)Acquisition of treasury stock, at cost(369,968)(40,253)(40,253)(40,253)Distributions to non-controlling interests— (2,973)(2,973)Balance as of June 30, 202599,335,857 $9,933 (20,422,329)$(734,133)$1,303,045 $2,404,250 $(35,948)$2,947,147 $67,218 $3,014,365 Three Months Ended June 30, 2024Balance as of March 31, 202499,272,155 $9,927 (19,813,055)$(659,913)$1,270,291 $2,104,613 $(50,654)$2,674,264 $15,760 $2,690,024 Net income33,988 33,988 9,780 43,768 Other comprehensive loss(875)(875)— (875)Non-cash stock-based compensation7,025 7,025 7,025 Forfeiture of restricted shares, net(227,257)(23)23 — — Shares withheld for taxes