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Loss Per Common Share | 6 Months Ended
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Jun. 30, 2017
Earnings Per Share [Abstract] |
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:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Numerator |  |  |  |  |  |  |  |
Net income (loss) attributable to MDC Partners Inc. | $ | 11,253 |  |  | $ | 834 |  |  | $ | 687 |  |  | $ | (22,797 | )
Accretion on convertible preference shares | (1,910 | ) |  | — |  |  | (2,417 | ) |  | — |
Net income allocated to convertible preference shares | (1,383 | ) |  | — |  |  | — |  |  | — |
Numerator for basic loss per common share - Net income (loss) attributable to MDC Partners Inc. common shareholders | 7,960 |  |  | 834 |  |  | (1,730 | ) |  | (22,797 | )
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |
Adjustment to net income allocated to convertible preference shares | 6 |  |  | — |  |  | — |  |  | — |
Numerator for diluted income (loss) per common share- Net income (loss) attributable to MDC Partners Inc. common shareholders | $ | 7,966 |  |  | $ | 834 |  |  | $ | (1,730 | ) |  | $ | (22,797 | )
Denominator |  |  |  |  |  |  |  |
Denominator for basic income (loss) per common share - weighted average common shares | 55,332,497 |  |  | 50,322,757 |  |  | 53,480,144 |  |  | 50,162,654 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |
Impact of stock options and non-vested stock under employee stock incentive plans | 289,697 |  |  | 380,791 |  |  | — |  |  | — |
Denominator for diluted income (loss) per common share - adjusted weighted shares and assumed conversions | 55,622,194 |  |  | 50,703,548 |  |  | 53,480,144 |  |  | 50,162,654 |
Basic income (loss) per common share | $ | 0.14 |  |  | $ | 0.02 |  |  | $ | (0.03 | ) |  | $ | (0.45 | )
Diluted income (loss) per common share | $ | 0.14 |  |  | $ | 0.02 |  |  | $ | (0.03 | ) |  | $ | (0.45 | )
As of June 30, 2017, options and other rights to purchase 1,233,585 shares of common stock were outstanding, of which 943,888 and 1,233,585 shares of non-vested restricted stock and restricted stock units were anti-dilutive during the three and six months ended June 30, 2017, respectively, and therefore excluded from the computation of diluted income per common share. Additionally, 1,443,921 shares of non-vested restricted stock and restricted stock unit awards, which are contingent upon the Company meeting an undefined cumulative three year earnings target and continued employment, are excluded from the computation of diluted income per common share as the contingency has not been satisfied at June 30, 2017. Lastly, there were 95,000 shares of Preference Shares outstanding which were convertible into 9,741,680 Class A common shares at June 30, 2017. These Preference Shares were anti-dilutive for the three and six months ended June 30, 2017, and are therefore excluded from the diluted loss per common share calculation for the period. As of June 30, 2016, options and other rights to purchase 789,926 shares of common stock were outstanding, of which 409,135 and 789,926 shares of non-vested restricted stock and restricted stock units were anti-dilutive during the three and six months ended June 30, 2016, respectively, and therefore excluded from the computation of diluted income per common share. Additionally, 523,321 shares of non-vested restricted stock and restricted stock unit awards, which are contingent upon the Company meeting an undefined cumulative three year earnings target and continued employment, are excluded from the computation of diluted income per common share as the contingency has not been satisfied as of June 30, 2016.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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