| Schedule of Segment Reporting Information, by Segment |
| | | | | | | | | | | | | | | | | | Strategic Marketing Services |
| Performance Marketing Services |
| Corporate |
| Total | Revenue | $ | 240,436 |
|
| $ | 61,786 |
|
| $ | — |
|
| $ | 302,222 |
|
|
|
|
|
|
|
|
|
|
|
|
| Cost of services sold | 166,026 |
|
| 44,393 |
|
| — |
|
| 210,419 |
|
|
|
|
|
|
|
|
|
|
|
|
| Office and general expenses | 49,156 |
|
| 11,154 |
|
| 13,998 |
|
| 74,308 |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization | 6,423 |
|
| 5,430 |
|
| 447 |
|
| 12,300 |
|
|
|
|
|
|
|
|
|
|
|
|
| Operating profit (loss) | 18,831 |
|
| 809 |
|
| (14,445 | ) |
| 5,195 |
|
|
|
|
|
|
|
|
|
|
|
|
| Other Income (Expense): | |
|
| |
|
| |
|
| |
| Other expense, net | |
|
| |
|
| |
|
| (18,040 | ) | Interest expense, net | |
|
| |
|
| |
|
| (14,977 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Loss from continuing operations before income taxes and equity in non-consolidated affiliates | |
|
| |
|
| |
|
| (27,822 | ) | Income tax benefit | |
|
| |
|
| |
|
| (4,054 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Loss from continuing operations before equity in non-consolidated affiliates | |
|
| |
|
| |
|
| (23,768 | ) | Equity in earnings of non-consolidated affiliates | |
|
| |
|
| |
|
| 351 |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from continuing operations | |
|
| |
|
| |
|
| (23,417 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Loss from discontinued operations attributable to MDC Partners Inc., net of taxes | |
|
| |
|
| |
|
| (6,294 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Net Loss | |
|
| |
|
| |
|
| (29,711 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Net income attributable to the non-controlling interests | (2,293 | ) |
| (87 | ) |
| — |
|
| (2,380 | ) | Net loss attributable to MDC Partners Inc. | |
|
| |
|
| |
|
| $ | (32,091 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Stock based compensation | $ | 2,524 |
|
| $ | 1,121 |
|
| $ | 800 |
|
| $ | 4,445 |
|
|
|
|
|
|
|
|
|
|
|
|
| Supplemental Segment Information: | |
|
| |
|
| |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Capital expenditures | $ | 5,330 |
|
| $ | 258 |
|
| $ | 68 |
|
| $ | 5,656 |
|
|
|
|
|
|
|
|
|
|
|
|
| Goodwill and intangibles | $ | 553,066 |
|
| $ | 363,156 |
|
| $ | — |
|
| $ | 916,222 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Assets | $ | 918,200 |
|
| $ | 565,411 |
|
| $ | 156,514 |
|
| $ | 1,640,125 |
|
|
| | | | | | | | | | | | | | | | | | Strategic Marketing Services |
| Performance Marketing Services |
| Corporate |
| Total | Revenue | $ | 214,804 |
|
| $ | 60,050 |
|
| $ | — |
|
| $ | 274,854 |
|
|
|
|
|
|
|
|
|
|
|
|
| Cost of services sold | 140,560 |
|
| 40,908 |
|
| — |
|
| 181,468 |
|
|
|
|
|
|
|
|
|
|
|
|
| Office and general expenses | 45,046 |
|
| 16,315 |
|
| 9,975 |
|
| 71,336 |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization | 5,148 |
|
| 4,832 |
|
| 502 |
|
| 10,482 |
|
|
|
|
|
|
|
|
|
|
|
|
| Operating profit (loss) | 24,050 |
|
| (2,005 | ) |
| (10,477 | ) |
| 11,568 |
|
|
|
|
|
|
|
|
|
|
|
|
| Other Income (Expense): | |
|
| |
|
| |
|
| |
| Other expense,net | |
|
| |
|
| |
|
| (6,571 | ) | Interest expense, net | |
|
| |
|
| |
|
| (12,619 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Loss from continuing operations before income taxes, equity in affiliates | |
|
| |
|
| |
|
| (7,622 | ) | Income tax benefit | |
|
| |
|
| |
|
| (346 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Loss from continuing operations before equity in affiliates | |
|
| |
|
| |
|
| (7,276 | ) | Equity in earnings of non-consolidated affiliates | |
|
| |
|
| |
|
| 63 |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss from continuing operations | |
|
| |
|
| |
|
| (7,213 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Loss from discontinuing operations attributable to MDC Partners Inc., net of taxes | |
|
| |
|
| |
|
| (271 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Net loss | |
|
| |
|
| |
|
| (7,484 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Net income attributable to the noncontrolling interests | (1,390 | ) |
| 28 |
|
| — |
|
| (1,362 | ) | Net loss attributable to MDC Partners Inc. | |
|
| |
|
| |
|
| $ | (8,846 | ) |
|
|
|
|
|
|
|
|
|
|
|
| Stock based compensation | $ | 2,139 |
|
| $ | 1,277 |
|
| $ | 952 |
|
| $ | 4,368 |
|
|
|
|
|
|
|
|
|
|
|
|
| Supplemental Segment Information: | |
|
| |
|
| |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Capital expenditures | $ | 1,702 |
|
| $ | 253 |
|
| $ | 541 |
|
| $ | 2,496 |
|
|
|
|
|
|
|
|
|
|
|
|
| Goodwill and intangibles | $ | 522,170 |
|
| $ | 424,485 |
|
| $ | — |
|
| $ | 946,655 |
|
|
|
|
|
|
|
|
|
|
|
|
| Total Assets | $ | 860,571 |
|
| $ | 573,308 |
|
| $ | 136,393 |
|
| $ | 1,570,272 |
|
|