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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Services $ 345,605 $ 259,677 $ 653,190 $ 587,419
Operating expenses:        
Cost of services sold 224,411 165,631 411,332 388,325
Office and general expenses 80,546 66,210 164,492 132,564
Depreciation and amortization 8,005 8,898 16,181 18,104
Impairment and other losses 0 18,840 875 19,001
Costs and Expenses, Total 312,962 259,579 592,880 557,994
Operating income 32,643 98 60,310 29,425
Other income (expense):        
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
Nonoperating Income (Expense), Total (16,768) (4,717) (33,139) (18,751)
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
Net income (loss) attributable to MDC Partners Inc. common shareholders $ 1,655 $ (4,104) $ 2,576 $ (6,542)
Basic and diluted        
Earnings per share, basic $ 0.02 $ (0.06) $ 0.03 $ (0.09)
Earnings per share, diluted $ 0.02 $ (0.06) $ 0.03 $ (0.09)
Weighted Average Number of Common Shares Outstanding:        
Weighted Average Number of Shares Outstanding, Basic 75,078,755 72,528,455 74,240,447 72,463,058
Weighted Average Number of Shares Outstanding, Diluted 78,459,483 72,528,455 77,001,526 72,463,058
Series 4 Convertible Preferred Stock [Domain] | Preferred Stock        
Other income (expense):        
Accretion on and net income allocated to convertible preference shares $ (4,451)   $ (8,540)