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Income (Loss) Per Common Share
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Loss Per Common Share Income (Loss) Per Common Share
The following table sets forth the computation of basic and diluted income (loss) per common share:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Numerator:
 


 

 
 
 
 
Net income (loss) attributable to MDC Partners Inc.
$
(593
)
 
$
4,290

 
$
410

 
$
4,177

Accretion on convertible preference shares
(3,509
)

(3,242
)
 
(6,949
)
 
(5,625
)
Net income allocated to convertible preference shares
—

 
(273
)
 
—

 
—

Net income (loss) attributable to MDC Partners Inc. common shareholders
$
(4,102
)

$
775

 
$
(6,539
)
 
$
(1,448
)
Denominator:
 
 
 
 
 
 
 
Basic weighted average number of common shares outstanding
72,528,455


71,915,832

 
72,463,058

 
66,118,749

Impact of stock options and non-vested stock under employee stock incentive plans
—

 
108,857

 
—

 
—

Diluted weighted average number of common shares outstanding
72,528,455


72,024,689

 
72,463,058

 
66,118,749

Basic
$
(0.06
)

$
0.01

 
$
(0.09
)
 
$
(0.02
)
Diluted
$
(0.06
)
 
$
0.01

 
$
(0.09
)
 
$
(0.02
)

Anti-dilutive stock awards 2,912,436 2,662,666 2,912,436 4,406,206

Restricted stock and restricted stock unit awards of 2,203,717 and 242,338 as of June 30, 2020 and 2019 respectively, are excluded from the computation of diluted income (loss) per common share because the performance contingency necessary for vesting has not been met as of the reporting date or all the terms and conditions to establish a grant date were not yet known. In addition, there were 145,000 Preference Shares outstanding which were convertible into 27,733,199 and 25,621,189 Class A common shares at June 30, 2020 and 2019, respectively. These Preference Shares were anti-dilutive for each period presented in the table above and are therefore excluded from the diluted income (loss) per common share calculation.