Supplemental Information (Tables)

6 Months Ended

Jun. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Quantifying Prior Year Misstatements Corrected in Current Year Financial Statements

following table presents the impact of the revisions on the Consolidated Statements of Operations for the periods presented:

	For the Twelve Months Ended December 31,
	2019									2018									2017
	As Reported			Adjustment			As Revised			As Reported			Adjustment			As Revised			As Reported			Adjustment			As Revised
Revenue	$	1,415,803		$	—		$	1,415,803		$	1,476,203		$	(1,115	)	$	1,475,088		$	1,513,779		$	—		$	1,513,779
Impairment and other losses	7,819			780			8,599			80,057			7,147			87,204			4,415			1,056			5,471
Total operating expenses	1,335,563			780			1,336,343			1,466,507			7,147			1,473,654			1,381,820			1,056			1,382,876
Income (loss) before income taxes and equity in earnings of non-consolidated affiliates	21,647			(780		)	20,867			(80,407		)	(8,262		)	(88,669		)	87,078			(1,056		)	86,022
Income tax expense (benefit)	10,533			(217		)	10,316			31,603			(1,988		)	29,615			(168,064		)	(294		)	(168,358		)
Net income (loss) attributable to MDC Partners Inc. common shareholders	$	(16,994	)	$	(563	)	$	(17,557	)	$	(132,088	)	$	(6,274	)	$	(138,362	)	$	205,594		$	(762	)	$	204,832
Weighted Average Number of Common Shares Outstanding:
Basic	69,132,100			—			69,132,100			57,218,994			—			57,218,994			55,255,797			—			55,255,797
Diluted	69,132,100			—			69,132,100			57,218,994			—			57,218,994			55,481,786			—			55,481,786
Income (loss) Per Common Share:
Basic	$	(0.25	)	$	—		$	(0.25	)	$	(2.31	)	$	(0.11	)	$	(2.42	)	$	3.72		$	(0.01	)	$	3.71
Diluted	$	(0.25	)	$	—		$	(0.25	)	$	(2.31	)	$	(0.11	)	$	(2.42	)	$	3.71		$	(0.01	)	$	3.70

The following table presents the impact of the revisions on the Consolidated Balance Sheets for the periods presented:

	December 31, 2019									December 31, 2018
	As Reported			Adjustment			As Revised			As Reported			Adjustment			As Revised
Accounts receivable	$	450,403		$	(1,115	)	$	449,288		$	395,200		$	(1,115	)	$	394,085
Goodwill	740,674			(8,983		)	731,691			740,955			(8,203		)	732,752
Deferred tax assets	85,988			(1,088		)	84,900			92,741			(1,305		)	91,436
Total Assets	$	1,839,492		$	(11,186	)	$	1,828,306		$	1,611,573		$	(10,623	)	$	1,600,950
Accumulated deficit	(469,593		)	(11,186		)	(480,779		)	(464,903		)	(10,623		)	(475,526		)
Total Shareholders' Deficit	(179,389		)	(11,186		)	(190,575		)	(246,967		)	(10,623		)	(257,590		)
Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Deficit	$	1,839,492		$	(11,186	)	$	1,828,306		$	1,611,573		$	(10,623	)	$	1,600,950