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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue:        
Services $ 283,423 $ 342,907 $ 870,843 $ 1,033,828
Operating expenses:        
Cost of services sold 172,531 222,448 560,856 700,351
Office and general expenses 72,512 79,726 205,075 234,120
Depreciation and amortization 9,332 9,368   28,869
Impairment and other losses 159 1,944 19,159 1,944
Costs and Expenses, Total 254,534 313,486 812,527 965,284
Operating income 28,889 29,421 58,316 68,544
Other income (expense):        
Interest expense and finance charges, net (15,266) (16,110) (46,819) (49,284)
Other, net 505 (431) 22,723 (4,559)
Foreign exchange gain (loss) 2,159 (3,973) (7,256) 4,401
Nonoperating Income (Expense), Total (12,602) (20,514) (31,352) (49,442)
Income before income taxes and equity in earnings of non-consolidated affiliates 16,287 8,907 26,964 19,102
Income tax expense 1,452 3,457 7,029 6,292
Income before equity in earnings of non-consolidated affiliates 14,835 5,450 19,935 12,810
Equity in earnings (losses) of non-consolidated affiliates (31) 63 (829) 352
Net income 14,804 5,513 19,106 13,162
Net income attributable to the noncontrolling interest (10,728) (7,265) (14,620) (10,737)
Net income (loss) attributable to MDC Partners Inc. 4,076 (1,752) 4,486 2,425
Net income (loss) attributable to MDC Partners Inc. common shareholders $ 360 $ (5,058) $ (6,042) $ (6,506)
Basic and diluted        
Earnings per share, basic $ 0 $ (0.07) $ (0.08) $ (0.10)
Earnings per share, diluted $ 0 $ (0.07) $ (0.08) $ (0.10)
Weighted Average Number of Common Shares Outstanding:        
Weighted Average Number of Shares Outstanding, Basic 73,207,619 72,044,480 72,713,257 68,154,306
Weighted Average Number of Shares Outstanding, Diluted 73,476,779 72,044,480 72,713,257 68,154,306
Series 4 Convertible Preferred Stock [Domain] | Preferred Stock        
Other income (expense):        
Accretion on and net income allocated to convertible preference shares $ (3,716) $ (3,306)   $ 8,931