|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Current Assets: |
|
|
| Cash and cash equivalents |
$ 102,007 |
$ 60,330 |
| Accounts receivable, less allowance for doubtful accounts of $2,011 and $1,581 |
309,796 |
326,087 |
| Expenditures billable to clients |
63,246 |
58,842 |
| Other current assets |
25,458 |
16,892 |
| Total Current Assets |
500,507 |
462,151 |
| Fixed assets, net |
52,071 |
52,914 |
| Investment in affiliates |
275 |
0 |
| Goodwill |
744,333 |
720,071 |
| Other intangible assets, net |
56,262 |
63,243 |
| Deferred tax assets |
21,131 |
9,332 |
| Other assets |
50,648 |
37,234 |
| Total Assets |
1,425,227 |
1,344,945 |
| Current Liabilities: |
|
|
| Accounts payable |
246,694 |
234,324 |
| Accrued and other liabilities |
240,580 |
216,418 |
| Advance billings, net |
149,540 |
131,908 |
| Current portion of long-term debt |
467 |
1,858 |
| Deferred acquisition consideration |
53,041 |
104,325 |
| Total Current Liabilities |
690,322 |
688,833 |
| Long-term debt |
664,661 |
429,845 |
| Long-term portion of deferred acquisition consideration |
100,872 |
92,121 |
| Other liabilities |
34,430 |
47,985 |
| Deferred tax liabilities |
63,020 |
53,018 |
| Total Liabilities |
1,553,305 |
1,311,802 |
| Redeemable Noncontrolling Interests |
148,534 |
117,953 |
| Commitments, Contingencies and Guarantees (Note 17) |
|
|
| Shareholders' Deficit: |
|
|
| Preferred shares, unlimited authorized, none issued |
0 |
0 |
| Shares to be issued, 42,000 shares, issued and outstanding in 2013 and 2012 |
424 |
424 |
| Additional paid-in capital |
0 |
0 |
| Charges in excess of capital |
(126,352) |
(72,913) |
| Accumulated deficit |
(465,576) |
(316,713) |
| Stock subscription receivable |
(55) |
(55) |
| Accumulated other comprehensive loss |
(797) |
(7,445) |
| MDC Partners Inc. Shareholders' Deficit |
(329,700) |
(142,832) |
| Noncontrolling Interests |
53,088 |
58,022 |
| Total Shareholders' Deficit |
(276,612) |
(84,810) |
| Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Deficit |
1,425,227 |
1,344,945 |
|
Common Class A [Member]
|
|
|
| Shareholders' Deficit: |
|
|
| Common Stock |
262,655 |
253,869 |
|
Common Class B [Member]
|
|
|
| Shareholders' Deficit: |
|
|
| Common Stock |
$ 1 |
$ 1 |