XML 24 R14.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Total Equity
6 Months Ended
Jun. 30, 2011
Total Equity
9.
Total Equity

During the six months ended June 30, 2011, Class A share capital increased by $4,372, as the Company issued 285,285 shares related to vested restricted stock, and 116,881 shares related to the exercise of outstanding stock appreciation rights and 112,429 related to the exercise of options.  During the six months ended June 30, 2011, charges in excess of capital increased by $3,362 related to the vested restricted stock, stock appreciation rights, and options and a debit of $7,475 related to charges in put options (Note 2 and Note 13), dividends paid and payable of $8,367 offset by $9,621 related to an increase from stock-based compensation that was expensed during the same period, and a credit of $6,434 related to changes in ownership not resulting in a change in control.

During the six months ended June 30, 2011, the Company purchased and retired 138,275 Class A shares for $2,568 from employees in connection with the required tax withholding resulting from the vesting of shares of restricted stock and stock appreciation rights.

Total equity decreased $7,410, which is comprised of changes in put options of $7,475, a net loss attributable to MDC Partners of $7,360, dividends paid and payable of $8,367 and $2,568 of treasury stock purchases, offset by an increase in stock-based compensation of $9,621, and a credit of $6,434 related to changes in ownership not resulting in a change of control, an increase in accumulated other comprehensive loss of $1,284 and an exercise of stock options of $1,010.