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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
$ in Thousands
Jun. 30, 2019
USD ($)
Current Assets:  
Cash and cash equivalents $ 27,304
Accounts receivable, less allowance for doubtful accounts of $2,066 and $1,879 434,512
Expenditures billable to clients 40,605
Assets held for sale 0
Other current assets 44,815
Total Current Assets 547,236
Fixed assets, at cost, less accumulated depreciation of $133,879 and $128,546 83,950
Right of use assets - operating leases 237,418
Investment in non-consolidated affiliates 6,761
Goodwill 743,582
Other intangible assets, net, less accumulated amortization of $164,347 and $161,868 60,848
Deferred tax assets 92,439
Other assets 26,415
Total Assets 1,798,649
Current Liabilities:  
Accounts payable 228,069
Accruals and other liabilities 253,868
Liabilities held for sale 0
Advance billings 168,142
Current portion of lease liabilities - operating leases 46,338
Current portion of deferred acquisition consideration 35,439
Total Current Liabilities 731,856
Long-term debt 914,092
Long-term portion of deferred acquisition consideration 22,804
Long-term lease liabilities - operating leases 233,165
Other Liabilities 19,503
Deferred tax liabilities 6,571
Total Liabilities 1,927,991
Redeemable Noncontrolling Interests 42,635
Shareholders' Deficit:  
Convertible preference shares, 145,000 authorized, issued and outstanding at March 31, 2019 and 95,000 at December 31, 2018 152,746
Common stock and other paid-in capital 97,455
Accumulated deficit (460,726)
Accumulated other comprehensive (loss) income (1,713)
MDC Partners Inc. Shareholders' Deficit (212,238)
Noncontrolling Interests 40,261
Total Shareholders' Deficit (171,977)
Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Deficit $ 1,798,649