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Income (Loss) Per Common Share
3 Months Ended
Mar. 31, 2012
Income (Loss) Per Common Share
3 . Income (Loss) Per Common Share

 

The following table sets forth the computation of basic and diluted income (loss) per common share from continuing operations.

 

    Three Months Ended March
31,
 
    2012     2011  
Numerator                
Numerator for basic loss per common share - loss from continuing operations   $ (24,624 )   $ (6,754 )
Net income attributable to the noncontrolling interests     (1,357 )     (1,605 )
Loss attributable to MDC Partners Inc. common shareholders from continuing operations   $ (25,981 )   $ (8,359 )
Effect of dilutive securities            
Numerator for diluted loss per common share – loss attributable to MDC Partners Inc. common shareholders from continuing operations   $ (25,981 )   $ (8,359 )
Denominator                
Denominator for basic loss per common share - weighted average common shares     29,889,932       28,200,111  
Effect of dilutive securities:            
Denominator for diluted loss per common share - adjusted weighted shares     29,889,932       28,200,111  
Basic loss per common share from continuing operations attributable to MDC Partners Inc.   $ (0.87 )   $ (0.30 )
Diluted loss per common share from continuing operations attributable to MDC Partners Inc.   $ (0.87 )   $ (0.30 )

 

During the three months ended March 31, 2012, options and other rights to purchase 5,093,649 shares of common stock, which includes 846,269 shares of non-vested restricted stock and restricted stock units, were outstanding and were not included in the computation of diluted income per common share because their effect would be antidilutive.

 

During the three months ended March 31, 2011, options and other rights to purchase 5,352,121 shares of common stock, which includes 1,912,723 shares of non-vested restricted stock, were outstanding but were not included in the computation of diluted income per common share because their effect would be antidilutive.