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Loss Per Common Share
3 Months Ended
Mar. 31, 2014
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 March 31,
 
 
 
2014
 
2013
 
Numerator
 
 
 
 
 
 
 
Numerator for basic loss per common share – loss from continuing operations
 
$
(7,378)
 
$
(39,994)
 
Net income attributable to the noncontrolling interests
 
 
(1,362)
 
 
(982)
 
Loss attributable to MDC Partners Inc. common shareholders from continuing operations
 
 
(8,740)
 
 
(40,976)
 
Effect of dilutive securities
 
 
 
 
 
Numerator for diluted loss per common share – loss attributable to MDC Partners Inc. common shareholders from continuing operations
 
$
(8,740)
 
$
(40,976)
 
Denominator
 
 
 
 
 
 
 
Denominator for basic loss per common share – adjusted weighted shares
 
 
49,338,332
 
 
46,850,840
 
Effect of dilutive securities
 
 
 
 
 
Denominator for diluted loss per common share - adjusted weighted shares
 
 
49,338,332
 
 
46,850,840
 
Basic and diluted loss per common share from continuing operations attributable to MDC Partners Inc.
 
$
(0.18)
 
$
(0.87)
 
 
During the three months ended March 31, 2014, options and other rights to purchase 1,113,210 shares of common stock, which includes 1,000,710 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 months ended March 31, 2013, options and other rights to purchase 5,718,488 shares of common stock, which includes 1,269,404 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.