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10-Q Filing

STAGWELL INC CIK: 876883 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0000876883-20-000033
Period End Date 20200930
Filing Date 20201029
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance mdca-20200930_htm.xml
Balance Sheet 87 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $3.30M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $3.70M USD Point-in-time
Fixed assets, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $138.86M USD Point-in-time
Fixed assets, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $129.58M USD Point-in-time
Preference shares, authorized (in shares) PreferredStockSharesAuthorized 95.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $37.08M USD Point-in-time
Preference shares, authorized (in shares) PreferredStockSharesAuthorized 145.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $106.93M USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,703 and $3,304 AccountsReceivableNetCurrent $403.64M USD Point-in-time
Preference shares, issued (in shares) PreferredStockSharesIssued 95.00M shares Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,703 and $3,304 AccountsReceivableNetCurrent $394.08M USD Point-in-time
Preference shares, issued (in shares) PreferredStockSharesIssued 145.00M shares Point-in-time
Accounts receivable, less allowance for doubtful accounts of $3,703 and $3,304 AccountsReceivableNetCurrent $449.29M USD Point-in-time
Preference shares, outstanding (in shares) PreferredStockSharesOutstanding 145.00M shares Point-in-time
Expenditures billable to clients ExpendituresBillableCurrent $30.13M USD Point-in-time
Preference shares, outstanding (in shares) PreferredStockSharesOutstanding 95.00M shares Point-in-time
Expenditures billable to clients ExpendituresBillableCurrent $21.88M USD Point-in-time
Other current assets OtherAssetsCurrent $35.61M USD Point-in-time
Other current assets OtherAssetsCurrent $67.58M USD Point-in-time
Total Current Assets AssetsCurrent $530.18M USD Point-in-time
Total Current Assets AssetsCurrent $621.97M USD Point-in-time
Fixed assets, at cost, less accumulated depreciation of $138,859 and $129,579 PropertyPlantAndEquipmentNet $81.05M USD Point-in-time
Fixed assets, at cost, less accumulated depreciation of $138,859 and $129,579 PropertyPlantAndEquipmentNet $87.91M USD Point-in-time
Right of use assets - operating leases OperatingLeaseRightOfUseAsset $223.62M USD Point-in-time
Right of use assets - operating leases OperatingLeaseRightOfUseAsset $227.36M USD Point-in-time
Goodwill Goodwill $732.75M USD Point-in-time
Goodwill Goodwill $731.69M USD Point-in-time
Goodwill Goodwill $710.01M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $46.60M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $54.89M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $91.44M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $84.90M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $82.58M USD Point-in-time
Other assets OtherAssetsNoncurrent $21.49M USD Point-in-time
Other assets OtherAssetsNoncurrent $30.18M USD Point-in-time
Total Assets Assets $1.83B USD Point-in-time
Total Assets Assets $1.71B USD Point-in-time
Total Assets Assets $1.60B USD Point-in-time
Accounts payable AccountsPayableCurrent $128.64M USD Point-in-time
Accounts payable AccountsPayableCurrent $200.15M USD Point-in-time
Accruals and other liabilities AccruedExpensesAndOtherCurrentLiabilities $323.41M USD Point-in-time
Accruals and other liabilities AccruedExpensesAndOtherCurrentLiabilities $353.57M USD Point-in-time
Advance billings ContractWithCustomerLiability $171.74M USD Point-in-time
Advance billings ContractWithCustomerLiability $157.10M USD Point-in-time
Current portion of lease liabilities - operating leases OperatingLeaseLiabilityCurrent $48.66M USD Point-in-time
Current portion of lease liabilities - operating leases OperatingLeaseLiabilityCurrent $40.04M USD Point-in-time
Current portion of deferred acquisition consideration BusinessCombinationContingentConsiderationLiabilityCurrent $39.32M USD Point-in-time
Current portion of deferred acquisition consideration BusinessCombinationContingentConsiderationLiabilityCurrent $45.52M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $819.64M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $688.52M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $887.63M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $860.42M USD Point-in-time
Long-term portion of deferred acquisition consideration BusinessCombinationContingentConsiderationLiabilityNoncurrent $29.70M USD Point-in-time
Long-term portion of deferred acquisition consideration BusinessCombinationContingentConsiderationLiabilityNoncurrent $6.82M USD Point-in-time
Long-term lease liabilities - operating leases OperatingLeaseLiabilityNoncurrent $257.11M USD Point-in-time
Long-term lease liabilities - operating leases OperatingLeaseLiabilityNoncurrent $219.16M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $38.44M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $25.77M USD Point-in-time
Total Liabilities Liabilities $1.85B USD Point-in-time
Total Liabilities Liabilities $1.98B USD Point-in-time
Redeemable Noncontrolling Interests RedeemableNoncontrollingInterestEquityFairValue $25.17M USD Point-in-time
Redeemable Noncontrolling Interests RedeemableNoncontrollingInterestEquityFairValue $36.97M USD Point-in-time
Redeemable Noncontrolling Interests RedeemableNoncontrollingInterestEquityFairValue $51.55M USD Point-in-time
Commitments, Contingencies, and Guarantees (Note 9) CommitmentsAndContingencies - USD Point-in-time
Commitments, Contingencies, and Guarantees (Note 9) CommitmentsAndContingencies - USD Point-in-time
Convertible preference shares, 145,000 authorized, issued and outstanding at September 30, 2020 and December 31, 2019 PreferredStockValue $152.75M USD Point-in-time
Convertible preference shares, 145,000 authorized, issued and outstanding at September 30, 2020 and December 31, 2019 PreferredStockValue $152.75M USD Point-in-time
Common stock and other paid-in capital CommonStockValue $101.47M USD Point-in-time
Common stock and other paid-in capital CommonStockValue $106.04M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-480.78M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-475.53M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-476.29M USD Point-in-time
Accumulated other comprehensive loss (income) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.27M USD Point-in-time
Accumulated other comprehensive loss (income) AccumulatedOtherComprehensiveIncomeLossNetOfTax $6.77M USD Point-in-time
MDC Partners Inc. Shareholders' Deficit StockholdersEquity $-230.83M USD Point-in-time
MDC Partners Inc. Shareholders' Deficit StockholdersEquity $-210.74M USD Point-in-time
Noncontrolling interests MinorityInterest $40.26M USD Point-in-time
Noncontrolling interests MinorityInterest $40.39M USD Point-in-time
Total Shareholders' Deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-184.92M USD Point-in-time
Total Shareholders' Deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-184.60M USD Point-in-time
Total Shareholders' Deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-182.60M USD Point-in-time
Total Shareholders' Deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-190.57M USD Point-in-time
Total Shareholders' Deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-170.35M USD Point-in-time
Total Shareholders' Deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-257.59M USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Deficit LiabilitiesAndStockholdersEquity $1.71B USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Deficit LiabilitiesAndStockholdersEquity $1.83B USD Point-in-time
Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Deficit LiabilitiesAndStockholdersEquity $1.60B USD Point-in-time
Income Statement 122 line items
Line Item Tag Value Unit Period
Services Revenues $1.48B USD 1 Quarter
Services Revenues $870.84M USD 3 Qtrs
Services Revenues $342.91M USD 1 Quarter
Services Revenues $283.42M USD 1 Quarter
Services Revenues $1.51B USD 1 Quarter
Services Revenues $1.03B USD 3 Qtrs
Services Revenues $1.42B USD 1 Quarter
Cost of services sold CostOfGoodsAndServicesSold $222.45M USD 1 Quarter
Cost of services sold CostOfGoodsAndServicesSold $560.86M USD 3 Qtrs
Cost of services sold CostOfGoodsAndServicesSold $172.53M USD 1 Quarter
Cost of services sold CostOfGoodsAndServicesSold $700.35M USD 3 Qtrs
Office and general expenses GeneralAndAdministrativeExpense $234.12M USD 3 Qtrs
Office and general expenses GeneralAndAdministrativeExpense $72.51M USD 1 Quarter
Office and general expenses GeneralAndAdministrativeExpense $79.73M USD 1 Quarter
Office and general expenses GeneralAndAdministrativeExpense $205.07M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $28.87M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $9.33M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $9.37M USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $159.00K USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $5.47M USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $19.16M USD 3 Qtrs
Impairment and other losses AssetImpairmentCharges $1.94M USD 3 Qtrs
Impairment and other losses AssetImpairmentCharges $87.20M USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $8.60M USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $1.94M USD 1 Quarter
Costs and Expenses, Total CostsAndExpenses $1.34B USD 1 Quarter
Costs and Expenses, Total CostsAndExpenses $965.28M USD 3 Qtrs
Costs and Expenses, Total CostsAndExpenses $254.53M USD 1 Quarter
Costs and Expenses, Total CostsAndExpenses $812.53M USD 3 Qtrs
Costs and Expenses, Total CostsAndExpenses $1.47B USD 1 Quarter
Costs and Expenses, Total CostsAndExpenses $1.38B USD 1 Quarter
Costs and Expenses, Total CostsAndExpenses $313.49M USD 1 Quarter
Operating income OperatingIncomeLoss $58.32M USD 3 Qtrs
Operating income OperatingIncomeLoss $28.89M USD 1 Quarter
Operating income OperatingIncomeLoss $68.54M USD 3 Qtrs
Operating income OperatingIncomeLoss $29.42M USD 1 Quarter
Interest expense and finance charges, net InterestAndDebtExpense $15.27M USD 1 Quarter
Interest expense and finance charges, net InterestAndDebtExpense $49.28M USD 3 Qtrs
Interest expense and finance charges, net InterestAndDebtExpense $16.11M USD 1 Quarter
Interest expense and finance charges, net InterestAndDebtExpense $46.82M USD 3 Qtrs
Other, net OtherNonoperatingIncomeExpense $-4.56M USD 3 Qtrs
Other, net OtherNonoperatingIncomeExpense $505.00K USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-431.00K USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $22.72M USD 3 Qtrs
Foreign exchange gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-7.26M USD 3 Qtrs
Foreign exchange gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $2.16M USD 1 Quarter
Foreign exchange gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $4.40M USD 3 Qtrs
Foreign exchange gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-3.97M USD 1 Quarter
Nonoperating Income (Expense), Total NonoperatingIncomeExpense $-31.35M USD 3 Qtrs
Nonoperating Income (Expense), Total NonoperatingIncomeExpense $-20.51M USD 1 Quarter
Nonoperating Income (Expense), Total NonoperatingIncomeExpense $-49.44M USD 3 Qtrs
Nonoperating Income (Expense), Total NonoperatingIncomeExpense $-12.60M USD 1 Quarter
Income before income taxes and equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $19.10M USD 3 Qtrs
Income before income taxes and equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $86.02M USD 1 Quarter
Income before income taxes and equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $26.96M USD 3 Qtrs
Income before income taxes and equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $20.87M USD 1 Quarter
Income before income taxes and equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $8.91M USD 1 Quarter
Income before income taxes and equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-88.67M USD 1 Quarter
Income before income taxes and equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $16.29M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $6.29M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $-168.36M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $29.61M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $10.32M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $7.03M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $3.46M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.45M USD 1 Quarter
Income before equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfNonconsolidatedAffiliates $5.45M USD 1 Quarter
Income before equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfNonconsolidatedAffiliates $12.81M USD 3 Qtrs
Income before equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfNonconsolidatedAffiliates $19.93M USD 3 Qtrs
Income before equity in earnings of non-consolidated affiliates IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfNonconsolidatedAffiliates $14.84M USD 1 Quarter
Equity in earnings (losses) of non-consolidated affiliates IncomeLossFromEquityMethodInvestments $-829.00K USD 3 Qtrs
Equity in earnings (losses) of non-consolidated affiliates IncomeLossFromEquityMethodInvestments $352.00K USD 3 Qtrs
Equity in earnings (losses) of non-consolidated affiliates IncomeLossFromEquityMethodInvestments $-31.00K USD 1 Quarter
Equity in earnings (losses) of non-consolidated affiliates IncomeLossFromEquityMethodInvestments $63.00K USD 1 Quarter
Net income ProfitLoss $19.11M USD 3 Qtrs
Net income ProfitLoss $14.80M USD 1 Quarter
Net income ProfitLoss $13.16M USD 3 Qtrs
Net income ProfitLoss $5.51M USD 1 Quarter
Net income attributable to the noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $10.73M USD 1 Quarter
Net income attributable to the noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $16.16M USD 1 Quarter
Net income attributable to the noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $14.62M USD 3 Qtrs
Net income attributable to the noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $7.26M USD 1 Quarter
Net income attributable to the noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $10.74M USD 3 Qtrs
Net income (loss) attributable to MDC Partners Inc. NetIncomeLoss $4.49M USD 3 Qtrs
Net income (loss) attributable to MDC Partners Inc. NetIncomeLoss $-1.75M USD 1 Quarter
Net income (loss) attributable to MDC Partners Inc. NetIncomeLoss $2.42M USD 3 Qtrs
Net income (loss) attributable to MDC Partners Inc. NetIncomeLoss $4.08M USD 1 Quarter
Net income (loss) attributable to MDC Partners Inc. common shareholders IncomeLossFromContinuingOperations $-17.56M USD 1 Quarter
Net income (loss) attributable to MDC Partners Inc. common shareholders IncomeLossFromContinuingOperations $-6.04M USD 3 Qtrs
Net income (loss) attributable to MDC Partners Inc. common shareholders IncomeLossFromContinuingOperations $204.83M USD 1 Quarter
Net income (loss) attributable to MDC Partners Inc. common shareholders IncomeLossFromContinuingOperations $-138.36M USD 1 Quarter
Net income (loss) attributable to MDC Partners Inc. common shareholders IncomeLossFromContinuingOperations $-6.51M USD 3 Qtrs
Net income (loss) attributable to MDC Partners Inc. common shareholders IncomeLossFromContinuingOperations $-5.06M USD 1 Quarter
Net income (loss) attributable to MDC Partners Inc. common shareholders IncomeLossFromContinuingOperations $360.00K USD 1 Quarter
Earnings per share, basic IncomeLossFromContinuingOperationsPerBasicShare $-0.08 USD 3 Qtrs
Earnings per share, basic IncomeLossFromContinuingOperationsPerBasicShare $-2.42K USD 1 Quarter
Earnings per share, basic IncomeLossFromContinuingOperationsPerBasicShare $3.71K USD 1 Quarter
Earnings per share, basic IncomeLossFromContinuingOperationsPerBasicShare - USD 1 Quarter
Earnings per share, basic IncomeLossFromContinuingOperationsPerBasicShare $-0.07 USD 1 Quarter
Earnings per share, basic IncomeLossFromContinuingOperationsPerBasicShare $-250.00 USD 1 Quarter
Earnings per share, basic IncomeLossFromContinuingOperationsPerBasicShare $-0.10 USD 3 Qtrs
Earnings per share, diluted IncomeLossFromContinuingOperationsPerDilutedShare $-0.08 USD 3 Qtrs
Earnings per share, diluted IncomeLossFromContinuingOperationsPerDilutedShare $-250.00 USD 1 Quarter
Earnings per share, diluted IncomeLossFromContinuingOperationsPerDilutedShare $-0.10 USD 3 Qtrs
Earnings per share, diluted IncomeLossFromContinuingOperationsPerDilutedShare $-2.42K USD 1 Quarter
Earnings per share, diluted IncomeLossFromContinuingOperationsPerDilutedShare - USD 1 Quarter
Earnings per share, diluted IncomeLossFromContinuingOperationsPerDilutedShare $3.70K USD 1 Quarter
Earnings per share, diluted IncomeLossFromContinuingOperationsPerDilutedShare $-0.07 USD 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 55.26M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 68.15M shares 3 Qtrs
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 72.04M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 69.13M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 73.21M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 72.71M shares 3 Qtrs
Weighted Average Number of Shares Outstanding, Basic WeightedAverageNumberOfSharesOutstandingBasic 57.22M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 73.48M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 68.15M shares 3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 69.13M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 72.71M shares 3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 72.04M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 57.22M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 55.48M shares 1 Quarter
Cash Flow Statement 77 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $19.11M USD 3 Qtrs
Net loss ProfitLoss $14.80M USD 1 Quarter
Net loss ProfitLoss $13.16M USD 3 Qtrs
Net loss ProfitLoss $5.51M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $6.03M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $6.46M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $12.63M USD 3 Qtrs
Stock-based compensation ShareBasedCompensation $10.57M USD 3 Qtrs
Depreciation and amortization Depreciation $28.87M USD 3 Qtrs
Depreciation and amortization Depreciation $27.44M USD 3 Qtrs
Impairment and other losses AssetImpairmentCharges $159.00K USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $5.47M USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $19.16M USD 3 Qtrs
Impairment and other losses AssetImpairmentCharges $1.94M USD 3 Qtrs
Impairment and other losses AssetImpairmentCharges $87.20M USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $8.60M USD 1 Quarter
Impairment and other losses AssetImpairmentCharges $1.94M USD 1 Quarter
Adjustment to deferred acquisition consideration AdjustmentToDeferredAcquisitionConsideration $515.00K USD 3 Qtrs
Adjustment to deferred acquisition consideration AdjustmentToDeferredAcquisitionConsideration $-3.63M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $2.26M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $6.29M USD 3 Qtrs
Gain on sale of assets and other IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $4.20M USD 3 Qtrs
Gain on sale of assets and other IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $2.65M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-43.71M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $-835.00K USD 3 Qtrs
Expenditures billable to clients IncreaseDecreaseInExpendituresBillableToClients $-3.72M USD 3 Qtrs
Expenditures billable to clients IncreaseDecreaseInExpendituresBillableToClients $-8.25M USD 3 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-3.28M USD 3 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-1.99M USD 3 Qtrs
Accounts payable, accruals and other current liabilities IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities $-96.53M USD 3 Qtrs
Accounts payable, accruals and other current liabilities IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities $-109.26M USD 3 Qtrs
Acquisition related payments PaymentForContingentConsiderationLiabilityOperatingActivities $7.51M USD 3 Qtrs
Acquisition related payments PaymentForContingentConsiderationLiabilityOperatingActivities $4.82M USD 3 Qtrs
Advance billings IncreaseDecreaseInDeferredRevenue $-14.52M USD 3 Qtrs
Advance billings IncreaseDecreaseInDeferredRevenue $31.05M USD 3 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-5.84M USD 3 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-2.49M USD 3 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $13.79M USD 3 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $11.47M USD 3 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $19.62M USD 3 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $23.05M USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.78M USD 3 Qtrs
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.82M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $1.78M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $179.00K USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $4.55M USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $3.31M USD 3 Qtrs
Acquisition related payments PaymentForContingentConsiderationLiabilityFinancingActivities $30.16M USD 3 Qtrs
Acquisition related payments PaymentForContingentConsiderationLiabilityFinancingActivities $35.33M USD 3 Qtrs
Distributions to noncontrolling interests and other RepaymentsOfLongTermDebt $14.64M USD 3 Qtrs
Distributions to noncontrolling interests and other RepaymentsOfLongTermDebt $10.62M USD 3 Qtrs
Repurchase of Senior Notes PaymentsforRepurchaseofSeniorNotes - USD 3 Qtrs
Repurchase of Senior Notes PaymentsforRepurchaseofSeniorNotes $22.00M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-71.97M USD 3 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-2.20M USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and cash held in trusts EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $53.00K USD 3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and cash held in trusts EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.00K USD 3 Qtrs
Net decrease in cash and cash equivalents, including cash classified within current assets held for sale CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-69.86M USD 3 Qtrs
Net decrease in cash and cash equivalents, including cash classified within current assets held for sale CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-4.73M USD 3 Qtrs
Change in cash and cash equivalents held in trusts classified within held for sale CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsFromTrustsIncreaseDecreaseFromCashClassifiedAsAssetsHeldForSale - USD 3 Qtrs
Change in cash and cash equivalents held in trusts classified within held for sale CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsFromTrustsIncreaseDecreaseFromCashClassifiedAsAssetsHeldForSale $-3.31M USD 3 Qtrs
Change in cash and cash equivalents classified within assets held for sale CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDecreaseFromCashClassifiedAsAssetsHeldForSale - USD 3 Qtrs
Change in cash and cash equivalents classified within assets held for sale CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDecreaseFromCashClassifiedAsAssetsHeldForSale $4.44M USD 3 Qtrs
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRageEffectNetOfCashClassifiedWithinAssetsHeldForSale $-3.59M USD 3 Qtrs
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRageEffectNetOfCashClassifiedWithinAssetsHeldForSale $-69.86M USD 3 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.28M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.87M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $106.93M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $37.08M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.28M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.87M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $106.93M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $37.08M USD Point-in-time
Cash income taxes paid IncomeTaxesPaid $3.63M USD 3 Qtrs
Cash income taxes paid IncomeTaxesPaid $2.70M USD 3 Qtrs
Cash interest paid InterestPaidNet $29.31M USD 3 Qtrs
Cash interest paid InterestPaidNet $32.52M USD 3 Qtrs
Stockholders Equity 47 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-184.92M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-184.60M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-182.60M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-190.57M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-170.35M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-257.59M USD Point-in-time
Net loss attributable to MDC Partners Inc. NetIncomeLoss $4.49M USD 3 Qtrs
Net loss attributable to MDC Partners Inc. NetIncomeLoss $-1.75M USD 1 Quarter
Net loss attributable to MDC Partners Inc. NetIncomeLoss $2.42M USD 3 Qtrs
Net loss attributable to MDC Partners Inc. NetIncomeLoss $4.08M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-7.50M USD 3 Qtrs
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $2.38M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-1.46M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $11.17M USD 3 Qtrs
Issuance of common and convertible preference shares StockIssuedDuringPeriodValueNewIssues $98.62M USD 3 Qtrs
Issuance of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 3 Qtrs
Issuance of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 3 Qtrs
Issuance of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 1 Quarter
Issuance of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 1 Quarter
Shares acquired and cancelled StockRepurchasedAndRetiredDuringPeriodValue $129.00K USD 1 Quarter
Shares acquired and cancelled StockRepurchasedAndRetiredDuringPeriodValue $861.00K USD 3 Qtrs
Shares acquired and cancelled StockRepurchasedAndRetiredDuringPeriodValue $499.00K USD 1 Quarter
Shares acquired and cancelled StockRepurchasedAndRetiredDuringPeriodValue $577.00K USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $5.24M USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $4.21M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.41M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.92M USD 3 Qtrs
Changes in redemption value of redeemable noncontrolling interests IncreaseDecreaseinRedemptionValueofRedeemableNoncontrollingInterests $1.57M USD 1 Quarter
Changes in redemption value of redeemable noncontrolling interests IncreaseDecreaseinRedemptionValueofRedeemableNoncontrollingInterests $3.50M USD 3 Qtrs
Changes in redemption value of redeemable noncontrolling interests IncreaseDecreaseinRedemptionValueofRedeemableNoncontrollingInterests $-1.06M USD 3 Qtrs
Changes in redemption value of redeemable noncontrolling interests IncreaseDecreaseinRedemptionValueofRedeemableNoncontrollingInterests $767.00K USD 1 Quarter
Business acquisitions and step-up transactions, net of tax MinorityInterestDecreaseFromRedemptions $745.00K USD 3 Qtrs
Business acquisitions and step-up transactions, net of tax MinorityInterestDecreaseFromRedemptions $648.00K USD 1 Quarter
Changes in ownership interest MinorityInterestChangeInRedemptionValue $-109.00K USD 1 Quarter
Changes in ownership interest MinorityInterestChangeInRedemptionValue $-24.93M USD 3 Qtrs
Business acquisitions and step-up transactions, net of tax AdjustmentstoAdditionalPaidinCapitalChangesduetoBusinessCombinations $1.63M USD 3 Qtrs
Business acquisitions and step-up transactions, net of tax AdjustmentstoAdditionalPaidinCapitalChangesduetoBusinessCombinations $2.13M USD 1 Quarter
Other StockholdersEquityOther $-19.00K USD 1 Quarter
Other StockholdersEquityOther $-25.00K USD 1 Quarter
Other StockholdersEquityOther $-25.00K USD 3 Qtrs
Other StockholdersEquityOther $383.00K USD 3 Qtrs
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-184.92M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-184.60M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-182.60M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-190.57M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-170.35M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-257.59M USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $19.11M USD 3 Qtrs
Net loss ProfitLoss $14.80M USD 1 Quarter
Net loss ProfitLoss $13.16M USD 3 Qtrs
Net loss ProfitLoss $5.51M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $2.38M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-7.50M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $11.17M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.46M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-7.50M USD 3 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $2.38M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.46M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $11.17M USD 3 Qtrs
Comprehensive income for the period ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $30.28M USD 3 Qtrs
Comprehensive income for the period ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $17.18M USD 1 Quarter
Comprehensive income for the period ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $5.66M USD 3 Qtrs
Comprehensive income for the period ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.05M USD 1 Quarter
Comprehensive income attributable to the noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $14.76M USD 3 Qtrs
Comprehensive income attributable to the noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.96M USD 1 Quarter
Comprehensive income attributable to the noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.83M USD 3 Qtrs
Comprehensive income attributable to the noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.97M USD 1 Quarter
Comprehensive income (loss) attributable to MDC Partners Inc. ComprehensiveIncomeNetOfTax $-2.92M USD 1 Quarter
Comprehensive income (loss) attributable to MDC Partners Inc. ComprehensiveIncomeNetOfTax $-5.17M USD 3 Qtrs
Comprehensive income (loss) attributable to MDC Partners Inc. ComprehensiveIncomeNetOfTax $15.52M USD 3 Qtrs
Comprehensive income (loss) attributable to MDC Partners Inc. ComprehensiveIncomeNetOfTax $6.22M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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