Segment Information (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Sep. 30, 2013
|
Sep. 30, 2012
|
Sep. 30, 2013
|
Sep. 30, 2012
|
Dec. 31, 2012
|
|
Revenue | $ 288,907 | $ 265,855 | $ 842,520 | $ 771,940 | |
Cost of services sold | 189,219 | 179,069 | 556,777 | 540,109 | |
Office and general expenses | 88,976 | 72,342 | 217,535 | 204,987 | |
Depreciation and amortization | 9,476 | 12,245 | 28,455 | 35,615 | |
Operating profit (loss) | 1,236 | 2,199 | 39,753 | (8,771) | |
Other Income (Expense): | |||||
Other income (expense), net | 1,733 | (432) | 1,549 | (1,241) | |
Interest expense, net | (10,552) | (11,485) | (88,778) | (34,163) | |
Loss from continuing operations before income taxes, equity in affiliates | (7,583) | (9,718) | (47,476) | (44,175) | |
Income tax expense (benefit) | 4,334 | 2,207 | (8,189) | 6,014 | |
Loss from continuing operations before equity in affiliates | (11,917) | (11,925) | (39,287) | (50,189) | |
Equity in earnings of non-consolidated affiliates | 73 | 93 | 196 | 399 | |
Loss from continuing operations | (11,844) | (11,832) | (39,091) | (49,790) | |
Loss from discontinued operations attributable to MDC Partners Inc., net of taxes | (7,446) | (1,352) | (11,041) | (5,942) | |
Net loss | (19,290) | (13,184) | (50,132) | (55,732) | |
Net income attributable to the noncontrolling interests | (1,910) | (1,312) | (4,410) | (5,159) | |
Net loss attributable to MDC Partners Inc. | (21,200) | (14,496) | (54,542) | (60,891) | |
Non cash stock based compensation | 27,435 | 5,133 | 36,690 | 26,370 | |
Supplemental Segment Information: | |||||
Capital expenditures | 4,365 | 4,762 | 13,976 | 14,279 | |
Goodwill and intangibles | 762,145 | 794,181 | 762,145 | 794,181 | |
Total Assets | 1,365,687 | 1,351,741 | 1,365,687 | 1,351,741 | 1,344,945 |
Strategic Marketing Services [Member]
|
|||||
Revenue | 203,440 | 176,209 | 587,540 | 519,209 | |
Cost of services sold | 128,300 | 112,280 | 375,681 | 353,145 | |
Office and general expenses | 40,995 | 47,754 | 115,759 | 121,281 | |
Depreciation and amortization | 5,807 | 7,754 | 17,334 | 21,602 | |
Operating profit (loss) | 28,338 | 8,421 | 78,766 | 23,181 | |
Other Income (Expense): | |||||
Net income attributable to the noncontrolling interests | (1,471) | (830) | (3,578) | (3,727) | |
Non cash stock based compensation | 1,835 | 2,769 | 4,815 | 6,602 | |
Supplemental Segment Information: | |||||
Capital expenditures | 2,613 | 2,596 | 8,223 | 7,705 | |
Goodwill and intangibles | 520,408 | 536,336 | 520,408 | 536,336 | |
Total Assets | 845,342 | 812,320 | 845,342 | 812,320 | |
Performance Marketing Services [Member]
|
|||||
Revenue | 85,467 | 89,646 | 254,980 | 252,731 | |
Cost of services sold | 60,919 | 66,789 | 181,096 | 186,964 | |
Office and general expenses | 14,907 | 18,300 | 53,860 | 52,510 | |
Depreciation and amortization | 3,372 | 4,161 | 10,132 | 13,006 | |
Operating profit (loss) | 6,269 | 396 | 9,892 | 251 | |
Other Income (Expense): | |||||
Net income attributable to the noncontrolling interests | (439) | (482) | (832) | (1,432) | |
Non cash stock based compensation | 646 | 2,009 | 2,505 | 5,587 | |
Supplemental Segment Information: | |||||
Capital expenditures | 844 | 2,105 | 4,225 | 6,326 | |
Goodwill and intangibles | 241,737 | 257,845 | 241,737 | 257,845 | |
Total Assets | 376,577 | 404,705 | 376,577 | 404,705 | |
Corporate [Member]
|
|||||
Revenue | 0 | 0 | 0 | 0 | |
Cost of services sold | 0 | 0 | 0 | 0 | |
Office and general expenses | 33,074 | 6,288 | 47,916 | 31,196 | |
Depreciation and amortization | 297 | 330 | 989 | 1,007 | |
Operating profit (loss) | (33,371) | (6,618) | (48,905) | (32,203) | |
Other Income (Expense): | |||||
Net income attributable to the noncontrolling interests | 0 | 0 | 0 | 0 | |
Non cash stock based compensation | 24,954 | 355 | 29,370 | 14,181 | |
Supplemental Segment Information: | |||||
Capital expenditures | 908 | 61 | 1,528 | 248 | |
Goodwill and intangibles | 0 | 0 | 0 | 0 | |
Total Assets | $ 143,768 | $ 134,716 | $ 143,768 | $ 134,716 |