XML 17 R3.htm IDEA: XBRL DOCUMENT  v2.3.0.11
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current Assets:    
Cash and cash equivalents $ 5,704 $ 10,949
Accounts receivable, less allowance for doubtful accounts of $829 and $1,990 204,925 195,306
Expenditures billable to clients 28,160 30,414
Other current assets 15,550 13,455
Total Current Assets 254,339 250,124
Fixed assets, at cost, less accumulated depreciation of $103,561 and $94,432 41,616 41,053
Investment in affiliates 105  
Goodwill 546,257 514,488
Other intangibles assets, net 60,404 67,133
Deferred tax asset 21,690 21,603
Other assets 28,508 19,947
Total Assets 952,919 914,348
Current Liabilities:    
Accounts payable 101,357 131,074
Accruals and other liabilities 58,414 64,050
Advance billings 114,013 124,993
Current portion of long-term debt 1,575 1,667
Current portion of deferred acquisition consideration 27,654 30,887
Total Current Liabilities 303,013 352,671
Revolving credit facility 34,462  
Long-term debt 346,050 284,549
Long-term portion of deferred acquisition consideration 63,113 77,104
Other liabilities 13,038 10,956
Deferred tax liabilities 19,554 19,642
Total Liabilities 779,230 744,922
Redeemable Noncontrolling Interests (Note 2) 89,233 77,560
Commitments, contingencies and guarantees (Note 13)    
Shareholders' Equity:    
Preferred shares, unlimited authorized, none issued    
Additional paid-in capital    
Charges in excess of capital (19,950) (16,809)
Accumulated deficit (153,960) (146,600)
Stock subscription receivable (135) (135)
Accumulated other comprehensive loss (2,864) (4,148)
MDC Partners Inc. Shareholders' Equity 51,648 59,061
Noncontrolling Interests 32,808 32,805
Total Equity 84,456 91,866
Total Liabilities, Redeemable Noncontrolling Interests and Equity 952,919 914,348
Class A Shares
   
Shareholders' Equity:    
Common stock 228,556 226,752
Class B Shares
   
Shareholders' Equity:    
Common stock $ 1 $ 1