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Loss Per Common Share
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Loss Per Common Share
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,
 
2018

2017
 
2018
 
2017
Numerator
 

 

 
 
 
 
Net income (loss) attributable to MDC Partners Inc.
$
3,406

 
$
11,253

 
$
(26,010
)
 
$
687

Accretion on convertible preference shares
(2,068
)

(1,910
)
 
(4,095
)
 
(2,417
)
Net income allocated to convertible preference shares
(205
)
 
(1,383
)
 
—

 
—

Numerator for basic income (loss) per common share - Net income (loss) attributable to MDC Partners Inc. common shareholders
1,133


7,960

 
(30,105
)
 
(1,730
)
Adjustment to net income allocated to convertible preference shares
1

 
6

 
—

 
—

Numerator for diluted income (loss) per common share- Net income (loss) attributable to MDC Partners Inc. common shareholders
$
1,134


$
7,966

 
$
(30,105
)
 
$
(1,730
)
Denominator




 
 
 
 
Denominator for basic income (loss) per common share - weighted average common shares
57,439,823


55,332,497

 
56,924,208

 
53,480,144

Impact of stock options and non-vested stock under employee stock incentive plans
363,049

 
289,697

 
—

 
—

Denominator for diluted income (loss) per common share - adjusted weighted shares and assumed conversions
57,802,872


55,622,194

 
56,924,208

 
53,480,144

Basic income (loss) per common share
$
0.02


$
0.14

 
$
(0.53
)
 
$
(0.03
)
Diluted income (loss) per common share
$
0.02

 
$
0.14


$
(0.53
)
 
$
(0.03
)

Anti-dilutive stock awards     327,500     327,500     1,594,761 1,233,585

Restricted stock and restricted stock unit awards of 1,308,781 and 1,443,921 for the three and six months ended June 30, 2018 and 2017, respectively, which are contingent upon the Company meeting a cumulative three year earnings target (2018, 2019 and 2020) and continued employment, are excluded from the computation of diluted income per common share as the contingency was not satisfied at June 30, 2018 or 2017. In addition, there were 95,000 shares of Preference Shares outstanding which were convertible into 10,544,708 and 9,741,680 Class A common shares at June 30, 2018 and 2017, respectively. These Preference Shares were anti-dilutive for each period presented in the table above, and are therefore excluded from the diluted income (loss) per common share calculation.