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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Revenue: | (Dollars in Thousands)
Integrated Networks - Group A | $ | 117,984 |  |  | $ | 82,735 |  |  | $ | 220,370 |  |  | $ | 173,356 |
Integrated Networks - Group B | 123,486 |  |  | 93,398 |  |  | 234,637 |  |  | 211,105 |
Media & Data Network | 37,517 |  |  | 28,551 |  |  | 74,300 |  |  | 69,609 |
All Other | 66,618 |  |  | 54,993 |  |  | 123,883 |  |  | 133,349 |
Total | $ | 345,605 |  |  | $ | 259,677 |  |  | $ | 653,190 |  |  | $ | 587,419 |
Adjusted EBITDA: |  |  |  |  |  |  |
Integrated Networks - Group A | $ | 27,250 |  |  | $ | 17,206 |  |  | $ | 49,712 |  |  | $ | 33,507 |
Integrated Networks - Group B | 26,544 |  |  | 16,387 |  |  | 52,413 |  |  | 33,523 |
Media & Data Network | 6,895 |  |  | 892 |  |  | 11,976 |  |  | 2,679 |
All Other | 8,231 |  |  | 6,884 |  |  | 14,273 |  |  | 16,788 |
Corporate | (8,640) |  |  | (5,208) |  |  | (16,160) |  |  | (10,770) |
Total Adjusted EBITDA | $ | 60,280 |  |  | $ | 36,161 |  |  | $ | 112,214 |  |  | $ | 75,727 |
Depreciation and amortization | $ | (8,005) |  |  | $ | (8,898) |  |  | $ | (16,181) |  |  | $ | (18,104) |
Impairment and other losses | — |  |  | (18,840) |  |  | (875) |  |  | (19,001) |
Stock-based compensation | (6,938) |  |  | (1,039) |  |  | (4,975) |  |  | (4,109) |
Deferred acquisition consideration | (5,612) |  |  | (2,312) |  |  | (17,297) |  |  | 2,288 |
Distributions from non-consolidated affiliates | (463) |  |  | (1,079) |  |  | (472) |  |  | (1,065) |
Other items, net | (6,619) |  |  | (3,895) |  |  | (12,104) |  |  | (6,311) |
Total Operating Income | $ | 32,643 |  |  | $ | 98 |  |  | $ | 60,310 |  |  | $ | 29,425 |
Other Income (expenses): |  |  |  |  |  |  |
Interest expense and finance charges, net | $ | (19,512) |  |  | $ | (15,942) |  |  | $ | (38,577) |  |  | $ | (31,553) |
Foreign exchange gain (loss) | 1,902 |  |  | 5,342 |  |  | 3,982 |  |  | (9,415) |
Other, net | 842 |  |  | 5,883 |  |  | 1,456 |  |  | 22,217 |
Income (loss) before income taxes and equity in earnings of non-consolidated affiliates | 15,875 |  |  | (4,619) |  |  | 27,171 |  |  | 10,674 |
Income tax expense (benefit) | 1,387 |  |  | (7,923) |  |  | 2,689 |  |  | 5,577 |
Income before equity in earnings of non-consolidated affiliates | 14,488 |  |  | 3,304 |  |  | 24,482 |  |  | 5,097 |
Equity in losses of non-consolidated affiliates | (151) |  |  | (798) |  |  | (644) |  |  | (798) |
Net income | 14,337 |  |  | 2,506 |  |  | 23,838 |  |  | 4,299 |
Net income attributable to the noncontrolling interest | (8,231) |  |  | (3,101) |  |  | (12,722) |  |  | (3,892) |
Net income (loss) attributable to MDC Partners Inc. | 6,106 |  |  | (595) |  |  | 11,116 |  |  | 407 |
Accretion on and net income allocated to convertible preference shares | (4,451) |  |  | (3,509) |  |  | (8,540) |  |  | (6,949) |
Net income (loss) attributable to MDC Partners Inc. common shareholders | $ | 1,655 |  |  | $ | (4,104) |  |  | $ | 2,576 |  |  | $ | (6,542) |
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Depreciation and amortization: | (Dollars in Thousands)
Integrated Networks - Group A | $ | 1,322 |  |  | $ | 1,566 |  |  | $ | 2,616 |  |  | $ | 3,307 |
Integrated Networks - Group B | 3,589 |  |  | 4,387 |  |  | 7,246 |  |  | 8,913 |
Media & Data Network | 457 |  |  | 807 |  |  | 929 |  |  | 1,615 |
All Other | 1,452 |  |  | 1,902 |  |  | 2,989 |  |  | 3,801 |
Corporate | 1,185 |  |  | 236 |  |  | 2,401 |  |  | 468 |
Total | $ | 8,005 |  |  | $ | 8,898 |  |  | $ | 16,181 |  |  | $ | 18,104 |
Stock-based compensation: |  |  |  |  |  |  |
Integrated Networks - Group A | $ | 4,756 |  |  | $ | (105) |  |  | $ | 1,128 |  |  | $ | 1,856 |
Integrated Networks - Group B | 1,384 |  |  | 746 |  |  | 2,337 |  |  | 1,646 |
Media & Data Network | 63 |  |  | 4 |  |  | 84 |  |  | (9) |
All Other | 181 |  |  | 118 |  |  | 242 |  |  | 198 |
Corporate | 554 |  |  | 276 |  |  | 1,184 |  |  | 418 |
Total | $ | 6,938 |  |  | $ | 1,039 |  |  | $ | 4,975 |  |  | $ | 4,109 |
Capital expenditures: |  |  |  |  |  |  |
Integrated Networks - Group A | $ | 655 |  |  | $ | 208 |  |  | $ | 930 |  |  | $ | 566 |
Integrated Networks - Group B | 271 |  |  | (272) |  |  | 484 |  |  | 205 |
Media & Data Network | 431 |  |  | 112 |  |  | 495 |  |  | 197 |
All Other | 188 |  |  | 132 |  |  | 322 |  |  | 456 |
Corporate | 22 |  |  | 1,963 |  |  | (148) |  |  | 2,265 |
Total | $ | 1,567 |  |  | $ | 2,143 |  |  | $ | 2,083 |  |  | $ | 3,689 |

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