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New Accounting Pronouncements (Tables)
6 Months Ended
Jun. 30, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]  
Schedule of Adoption of ASC 606
 
 
Six Months Ended June 30, 2018
 
 
As Reported
 
Adjustments
 
Adjusted to Exclude Adoption of ASC 606
Revenue - Services
 
$
706,711

 
$
31,004

 
$
737,715

Costs of services sold
 
$
496,420

 
$
33,961

 
$
530,381

Operating profit (loss)
 
$
16,139

 
$
(2,957
)
 
$
13,182

Net loss attributable to MDC Partners, Inc. common shareholders
 
$
(30,105
)
 
$
(1,385
)
 
$
(31,490
)
Loss per common share - basic and diluted
 
$
(0.53
)
 
$
(0.02
)
 
$
(0.55
)
The following table summarizes the impact of adoption of ASC 606 on the unaudited condensed consolidated statement of operations during the three and six months ended June 30, 2018:
 
 
Three Months Ended June 30, 2018
 
 
As Reported
 
Adjustments
 
Adjusted to Exclude Adoption of ASC 606
Revenue - Services
 
$
379,743

 
$
9,728

 
$
389,471

Costs of services sold
 
$
253,390

 
$
18,764

 
$
272,154

Operating profit (loss)
 
$
30,772

 
$
(9,036
)
 
$
21,736

Net income (loss) attributable to MDC Partners, Inc. common shareholders
 
$
1,133

 
$
(5,616
)
 
$
(4,483
)
Income (loss) per common share - basic and diluted
 
$
0.02

 
$
(0.10
)
 
$
(0.08
)