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Loss Per Common Share
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Loss Per Common Share
3.
Loss Per Common Share
 
The following table sets forth the computation of basic and diluted loss per common share from continuing operations.
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2013
 
2012
 
2013
 
2012
 
Numerator
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator for basic loss per common
    share – loss from continuing operations
 
$
(11,844)
 
$
(11,832)
 
$
(39,091)
 
$
(49,790)
 
Net income attributable to the
    noncontrolling interests
 
 
(1,910)
 
 
(1,312)
 
 
(4,410)
 
 
(5,159)
 
Loss attributable to MDC Partners Inc.
    common shareholders from continuing
    operations
 
 
(13,754)
 
 
(13,144)
 
 
(43,501)
 
 
(54,949)
 
Effect of dilutive securities
 
 
 
 
 
 
 
 
 
Numerator for diluted loss per common
    share – loss attributable to MDC
    Partners Inc. common shareholders
    from continuing operations
 
$
(13,754)
 
$
(13,144)
 
$
(43,501)
 
$
(54,949)
 
Denominator
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic loss per common
    share – adjusted weighted shares
 
 
31,470,466
 
 
31,051,561
 
 
31,368,629
 
 
30,606,146
 
Effect of dilutive securities
 
 
 
 
 
 
 
 
 
Denominator for diluted loss per common
    share - adjusted weighted shares
 
 
31,470,466
 
 
31,051,561
 
 
31,368,629
 
 
30,606,146
 
Basic and diluted loss per common share
    from continuing operations attributable
    to MDC Partners Inc.
 
$
(0.44)
 
$
(0.42)
 
$
(1.39)
 
$
(1.80)
 
 
During the three and nine months ended September 30, 2013, options and other rights to purchase 3,698,058 shares of common stock, which includes 1,797,563 shares of non-vested restricted stock and restricted stock units, were outstanding and were not included in the computation of diluted income per common share because their effect would be antidilutive.
 
During the three and nine months ended September 30, 2012, options and other rights to purchase 4,073,502 shares of common stock, which includes 909,739 shares of non-vested restricted stock, were outstanding but were not included in the computation of diluted income per common share because their effect would be antidilutive.