2014 Q2 Form 10-Q Financial Statement

#000144530514003580 Filed on August 11, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $299.4M $262.8M
YoY Change 13.91% -3.18%
Cost Of Revenue $188.9M $175.7M
YoY Change 7.5% -5.54%
Gross Profit $110.5M $87.10M
YoY Change 26.84% 1.97%
Gross Profit Margin 36.91% 33.14%
Selling, General & Admin $71.40M $60.80M
YoY Change 17.43% -16.48%
% of Gross Profit 64.63% 69.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.50M $9.500M
YoY Change 21.05% -30.15%
% of Gross Profit 10.41% 10.91%
Operating Expenses $81.30M $70.30M
YoY Change 15.65% -18.45%
Operating Profit $29.13M $27.49M
YoY Change 5.96% -1688.96%
Interest Expense -$6.700M -$13.20M
YoY Change -49.24% 13.79%
% of Operating Profit -23.0% -48.02%
Other Income/Expense, Net -$6.276M -$13.19M
YoY Change -52.43% 14.02%
Pretax Income $22.85M $14.30M
YoY Change 59.85% -207.48%
Income Tax $3.376M $1.727M
% Of Pretax Income 14.77% 12.08%
Net Earnings $16.47M $9.816M
YoY Change 67.79% -148.8%
Net Earnings / Revenue 5.5% 3.74%
Basic Earnings Per Share $0.33 $0.20
Diluted Earnings Per Share $0.32 $0.17
COMMON SHARES
Basic Shares Outstanding 49.55M shares 47.10M shares
Diluted Shares Outstanding 50.20M shares 51.17M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $72.30M $77.30M
YoY Change -6.47% 7.81%
Cash & Equivalents $65.65M $77.34M
Short-Term Investments
Other Short-Term Assets $31.73M $23.26M
YoY Change 36.46% 39.25%
Inventory
Prepaid Expenses
Receivables $394.3M $337.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $590.3M $495.2M
YoY Change 19.19% 0.39%
LONG-TERM ASSETS
Property, Plant & Equipment $50.71M $52.60M
YoY Change -3.59% 1.54%
Goodwill $882.7M $715.7M
YoY Change 23.33%
Intangibles $68.82M $55.48M
YoY Change 24.03%
Long-Term Investments $412.0K $880.0K
YoY Change -53.18% 780.0%
Other Assets $70.76M $46.65M
YoY Change 51.68% 0.97%
Total Long-Term Assets $1.095B $894.2M
YoY Change 22.42% -0.66%
TOTAL ASSETS
Total Short-Term Assets $590.3M $495.2M
Total Long-Term Assets $1.095B $894.2M
Total Assets $1.685B $1.389B
YoY Change 21.27% -0.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $289.5M $232.1M
YoY Change 24.72% -28.14%
Accrued Expenses $267.0M $250.7M
YoY Change 6.5% 218.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $617.0K $1.345M
YoY Change -54.13% 3.46%
Total Short-Term Liabilities $819.2M $699.8M
YoY Change 17.07% 7.47%
LONG-TERM LIABILITIES
Long-Term Debt $743.6M $550.6M
YoY Change 35.05% 17.12%
Other Long-Term Liabilities $32.64M $45.94M
YoY Change -28.97% -64.82%
Total Long-Term Liabilities $776.2M $596.5M
YoY Change 30.12% -0.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $819.2M $699.8M
Total Long-Term Liabilities $776.2M $596.5M
Total Liabilities $1.773B $1.406B
YoY Change 26.06% -5.35%
SHAREHOLDERS EQUITY
Retained Earnings -$458.0M -$350.1M
YoY Change 30.82%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$363.6M -$187.3M
YoY Change
Total Liabilities & Shareholders Equity $1.685B $1.389B
YoY Change 21.27% -0.28%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $16.47M $9.816M
YoY Change 67.79% -148.8%
Depreciation, Depletion And Amortization $11.50M $9.500M
YoY Change 21.05% -30.15%
Cash From Operating Activities $72.10M $87.10M
YoY Change -17.22% -556.02%
INVESTING ACTIVITIES
Capital Expenditures $3.204M $6.688M
YoY Change -52.09% 50.29%
Acquisitions
YoY Change
Other Investing Activities -$9.300M -$1.300M
YoY Change 615.38% -43.48%
Cash From Investing Activities -$13.60M -$8.000M
YoY Change 70.0% 19.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.300M -73.50M
YoY Change -95.51% -218.74%
NET CHANGE
Cash From Operating Activities 72.10M 87.10M
Cash From Investing Activities -13.60M -8.000M
Cash From Financing Activities -3.300M -73.50M
Net Change In Cash 55.20M 5.600M
YoY Change 885.71% -84.49%
FREE CASH FLOW
Cash From Operating Activities $72.10M $87.10M
Capital Expenditures $3.204M $6.688M
Free Cash Flow $68.90M $80.41M
YoY Change -14.32% -441.45%

Facts In Submission

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CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.07
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
123000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
142000 USD
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
82000 USD
CY2014Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
79000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3378000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12523000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1727000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3044000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
118000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
199000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12059000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
83062000 USD
us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
5900000 USD
us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
42262000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
11971000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
17082000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4555000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6655000 USD
CY2014Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
68817000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
56262000 USD
CY2013Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
10375000 USD
CY2014Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
13882000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
26636000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
22803000 USD
CY2014Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
1000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
165000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
110000 USD
CY2013Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
62000 USD
us-gaap Interest Expense Other
InterestExpenseOther
78226000 USD
CY2014Q2 us-gaap Interest Expense Other
InterestExpenseOther
13881000 USD
us-gaap Interest Expense Other
InterestExpenseOther
26526000 USD
CY2013Q2 us-gaap Interest Expense Other
InterestExpenseOther
10313000 USD
us-gaap Interest Paid
InterestPaid
22623000 USD
us-gaap Interest Paid
InterestPaid
18520000 USD
CY2014Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4990000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
1553305000 USD
CY2014Q2 us-gaap Liabilities
Liabilities
1772529000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1425227000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1685018000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
690322000 USD
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
819214000 USD
CY2014Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
617000 USD
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
467000 USD
CY2014Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
743599000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
664661000 USD
CY2014Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0 USD
CY2013Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0 USD
CY2014Q2 us-gaap Minority Interest
MinorityInterest
111584000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
53088000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-17974000 USD
CY2013 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5525000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5184000 USD
CY2014Q2 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
1
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-3848000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-28408000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-58331000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9039000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-9028000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-58331000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
54071000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
32841000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
55818000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
33099000 USD
us-gaap Net Income Loss
NetIncomeLoss
-33342000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
9816000 USD
us-gaap Net Income Loss
NetIncomeLoss
7624000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
16470000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3111000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2496000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1749000 USD
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1514000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
16622000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
7882000 USD
CY2013Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
11137000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-29839000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7882000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-29839000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16622000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11137000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
61517000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-25761000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6579000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-78417000 USD
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-13193000 USD
CY2014Q2 us-gaap Notes And Loans Payable
NotesAndLoansPayable
80000 USD
CY2013Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
120000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
28249000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
27489000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
38428000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
39656000 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
25458000 USD
CY2014Q2 us-gaap Other Assets Current
OtherAssetsCurrent
31733000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
50648000 USD
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
70756000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
650000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-574000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
759000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-983000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1614000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
759000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
34430000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-191000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7302000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
765000 USD
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2880000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2175000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3450000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4400000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3541000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
9156000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
18632000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
0 USD
CY2014Q2 us-gaap Other Liabilities
OtherLiabilities
6692000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32635000 USD
CY2013 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5210000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3250000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1500000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
15971000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
41952000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
510000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6845000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9607000 USD
CY2014Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3829000 USD
CY2013Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6688000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
5184000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
4920000 USD
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
550000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
78937000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
582000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
57000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
7619000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
8756000 USD
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
7700000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
26000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
168000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
18219000 USD
us-gaap Profit Loss
ProfitLoss
-30846000 USD
us-gaap Profit Loss
ProfitLoss
10735000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
11330000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
50709000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
52071000 USD
CY2014Q2 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
55000 USD
CY2013Q4 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
55000 USD
CY2013Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
148534000 USD
CY2014Q2 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
164508000 USD
CY2012Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
117953000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
246000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
731000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
425000000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2014Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
6817000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
44000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-457952000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-465576000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
610288000 USD
CY2014Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
317719000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
553135000 USD
CY2013Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
287499000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9255000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8796000 USD
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
4754000 USD
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
4428000 USD
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
213783 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3541000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
-363603000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
-329700000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-252019000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-276612000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities including goodwill, intangible assets, valuation allowances for receivables and deferred tax assets, and the reported amounts of revenue and expenses during the reporting period. The estimates are evaluated on an ongoing basis and estimates are based on historical experience, current conditions and various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.</font></div></div>
CY2013Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4076045 shares
CY2014Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
649259 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
663775 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50195321 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46975299 shares
mdca Changes In Redemption Value
ChangesInRedemptionValue
17974000 USD
CY2013 mdca Changes In Redemption Value
ChangesInRedemptionValue
35689000 USD
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51174437 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50106545 shares
CY2013Q4 mdca Charges In Excess Of Capital
ChargesInExcessOfCapital
126352000 USD
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47098392 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46975299 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49546062 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49442770 shares
CY2012Q4 mdca Accrued And Other Liabilities Attributable To Noncontrolling Interest
AccruedAndOtherLiabilitiesAttributableToNoncontrollingInterest
3624000 USD
CY2013Q4 mdca Accrued And Other Liabilities Attributable To Noncontrolling Interest
AccruedAndOtherLiabilitiesAttributableToNoncontrollingInterest
5210000 USD
CY2014Q2 mdca Accrued And Other Liabilities Attributable To Noncontrolling Interest
AccruedAndOtherLiabilitiesAttributableToNoncontrollingInterest
3250000 USD
CY2013Q4 mdca Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
240580000 USD
CY2014Q2 mdca Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
267048000 USD
mdca Adjustment To Deferred Acquisition Consideration
AdjustmentToDeferredAcquisitionConsideration
12954000 USD
mdca Adjustment To Deferred Acquisition Consideration
AdjustmentToDeferredAcquisitionConsideration
4357000 USD
mdca Adjustments To Additional Paid In Capital Transfer Charge In Excess Of Capital
AdjustmentsToAdditionalPaidInCapitalTransferChargeInExcessOfCapital
0 USD
mdca Adjustments To Noncontrolling Interest
AdjustmentsToNoncontrollingInterest
113000 USD
mdca Aggregate Grant Date Fair Value
AggregateGrantDateFairValue
5237000 USD
CY2013Q4 mdca Business Acquisition Contingent Consideration At Fair Value1 Current
BusinessAcquisitionContingentConsiderationAtFairValue1Current
53041000 USD
CY2014Q2 mdca Business Acquisition Contingent Consideration At Fair Value1 Current
BusinessAcquisitionContingentConsiderationAtFairValue1Current
69138000 USD
CY2013Q4 mdca Business Acquisition Contingent Consideration At Fair Value1 Noncurrent
BusinessAcquisitionContingentConsiderationAtFairValue1Noncurrent
100872000 USD
CY2014Q2 mdca Business Acquisition Contingent Consideration At Fair Value1 Noncurrent
BusinessAcquisitionContingentConsiderationAtFairValue1Noncurrent
111668000 USD
CY2013Q4 mdca Business Acquisition Contingent Consideration Potential Cash Payment Total
BusinessAcquisitionContingentConsiderationPotentialCashPaymentTotal
153913000 USD
CY2014Q2 mdca Business Acquisition Contingent Consideration Potential Cash Payment Total
BusinessAcquisitionContingentConsiderationPotentialCashPaymentTotal
180806000 USD
mdca Business Acquisition Increase Decrease In Contingent Purchase Price Obligation
BusinessAcquisitionIncreaseDecreaseInContingentPurchasePriceObligation
4683000 USD
CY2014Q2 mdca Business Acquisition Increase Decrease In Contingent Purchase Price Obligation
BusinessAcquisitionIncreaseDecreaseInContingentPurchasePriceObligation
4071000 USD
CY2013Q2 mdca Business Acquisition Increase Decrease In Contingent Purchase Price Obligation
BusinessAcquisitionIncreaseDecreaseInContingentPurchasePriceObligation
2387000 USD
mdca Business Acquisition Increase Decrease In Contingent Purchase Price Obligation
BusinessAcquisitionIncreaseDecreaseInContingentPurchasePriceObligation
12093000 USD
mdca Businessacquisitioncurrentperiodnetincome
Businessacquisitioncurrentperiodnetincome
4085000 USD
CY2014Q2 mdca Businessacquisitioncurrentperiodnetincome
Businessacquisitioncurrentperiodnetincome
3456000 USD
mdca Businessacquisitioncurrentperiodrevenue
Businessacquisitioncurrentperiodrevenue
16141000 USD
CY2014Q2 mdca Businessacquisitioncurrentperiodrevenue
Businessacquisitioncurrentperiodrevenue
10480000 USD
CY2014Q2 mdca Charges In Excess Of Capital
ChargesInExcessOfCapital
170068000 USD
CY2014Q2 mdca Common Stock Issuable Shares Issuable
CommonStockIssuableSharesIssuable
0 shares
CY2013Q4 mdca Common Stock Issuable Shares Issuable
CommonStockIssuableSharesIssuable
42000 shares
CY2013Q4 mdca Common Stock Issuable Shares Value
CommonStockIssuableSharesValue
424000 USD
CY2014Q2 mdca Common Stock Issuable Shares Value
CommonStockIssuableSharesValue
0 USD
mdca Consolidated Accounts Receivable Percentage
ConsolidatedAccountsReceivablePercentage
0.1
mdca Consolidated Largest Client Revenue
ConsolidatedLargestClientRevenue
0.1
CY2013Q4 mdca Debt Instrument Amortized Premium
DebtInstrumentAmortizedPremium
4056000 USD
CY2014Q2 mdca Debt Instrument Amortized Premium
DebtInstrumentAmortizedPremium
7576000 USD
CY2014Q2 mdca Deferred Acquisition Consideration Fixed Payments
DeferredAcquisitionConsiderationFixedPayments
23814000 USD
CY2013Q4 mdca Deferred Acquisition Consideration Fixed Payments
DeferredAcquisitionConsiderationFixedPayments
2065000 USD
mdca Deposits To Acquire Property Plantand Equipment
DepositsToAcquirePropertyPlantandEquipment
6747000 USD
mdca Deposits To Acquire Property Plantand Equipment
DepositsToAcquirePropertyPlantandEquipment
0 USD
mdca Distributions From Affiliates
DistributionsFromAffiliates
637000 USD
mdca Distributions From Affiliates
DistributionsFromAffiliates
3096000 USD
mdca Distributions In Excess Of Carrying Value
DistributionsInExcessOfCarryingValue
0 USD
mdca Distributions In Excess Of Carrying Value
DistributionsInExcessOfCarryingValue
3058000 USD
CY2014Q2 mdca Distributions In Excess Of Carrying Value
DistributionsInExcessOfCarryingValue
0 USD
CY2013Q2 mdca Distributions In Excess Of Carrying Value
DistributionsInExcessOfCarryingValue
0 USD
mdca Dividend Payable
DividendPayable
243000 USD
mdca Dividend Payable
DividendPayable
1155000 USD
CY2014Q2 mdca Estimated Aggregate Amount For Put Options
EstimatedAggregateAmountForPutOptions
164508000 USD
mdca Estimated Issuance Of Share Capital For Purchase Of Ownership Interest On Exercise Of Put Options
EstimatedIssuanceOfShareCapitalForPurchaseOfOwnershipInterestOnExerciseOfPutOptions
1582000 USD
CY2014Q2 mdca Estimated Payment For Put Options Upon Termination
EstimatedPaymentForPutOptionsUponTermination
146238000 USD
CY2014Q2 mdca Estimated Payments For Put Option Excluding Termination
EstimatedPaymentsForPutOptionExcludingTermination
18270000 USD
CY2013Q4 mdca Expenditures Billable Current
ExpendituresBillableCurrent
63246000 USD
CY2014Q2 mdca Expenditures Billable Current
ExpendituresBillableCurrent
91880000 USD
mdca Foreign Currency Transaction Gain Loss Realized And Unrealized
ForeignCurrencyTransactionGainLossRealizedAndUnrealized
385000 USD
CY2013Q2 mdca Foreign Currency Transaction Gain Loss Realized And Unrealized
ForeignCurrencyTransactionGainLossRealizedAndUnrealized
-2881000 USD
CY2014Q2 mdca Foreign Currency Transaction Gain Loss Realized And Unrealized
ForeignCurrencyTransactionGainLossRealizedAndUnrealized
6903000 USD
mdca Foreign Currency Transaction Gain Loss Realized And Unrealized
ForeignCurrencyTransactionGainLossRealizedAndUnrealized
-2940000 USD
CY2013Q2 mdca Goodwill And Intangibles
GoodwillAndIntangibles
771200000 USD
CY2014Q2 mdca Goodwill And Intangibles
GoodwillAndIntangibles
951484000 USD
CY2013Q2 mdca Income Loss From Continuing Operations Before Equity In Earnings Of Subsidiaries
IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfSubsidiaries
12569000 USD
CY2014Q2 mdca Income Loss From Continuing Operations Before Equity In Earnings Of Subsidiaries
IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfSubsidiaries
18292000 USD
mdca Income Loss From Continuing Operations Before Equity In Earnings Of Subsidiaries
IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfSubsidiaries
-27466000 USD
mdca Income Loss From Continuing Operations Before Equity In Earnings Of Subsidiaries
IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfSubsidiaries
10851000 USD
mdca Income Payable To Noncontrolling Interests
IncomePayableToNoncontrollingInterests
3111000 USD
CY2013 mdca Income Payable To Noncontrolling Interests
IncomePayableToNoncontrollingInterests
6461000 USD
mdca Increase Decrease In Accounts Payable Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities
63517000 USD
mdca Increase Decrease In Accounts Payable Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities
34641000 USD
mdca Increase Decrease In Expenditures Billable To Clients
IncreaseDecreaseInExpendituresBillableToClients
28634000 USD
mdca Increase Decrease In Expenditures Billable To Clients
IncreaseDecreaseInExpendituresBillableToClients
-1670000 USD
mdca Increase Decrease In Redeemable And Non Redeemable Non Controlling Interest From Step Up Transactions
IncreaseDecreaseInRedeemableAndNonRedeemableNonControllingInterestFromStepUpTransactions
-10364000 USD
CY2014Q2 mdca Investment Commitments
InvestmentCommitments
5710000 USD
mdca Loss On Redemption Of Notes
LossOnRedemptionOfNotes
0 USD
mdca Loss On Redemption Of Notes
LossOnRedemptionOfNotes
50385000 USD
CY2013Q2 mdca Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
1000 USD
mdca Payments Related To Acquisition
PaymentsRelatedToAcquisition
61358000 USD
mdca Payments Related To Acquisition
PaymentsRelatedToAcquisition
77183000 USD
mdca Premium Paid On Redemption Of Notes
PremiumPaidOnRedemptionOfNotes
0 USD
mdca Premium Paid On Redemption Of Notes
PremiumPaidOnRedemptionOfNotes
50385000 USD
CY2013 mdca Redeemable Noncontrolling Interest Currency Adjustments
RedeemableNoncontrollingInterestCurrencyAdjustments
-838000 USD
mdca Redeemable Noncontrolling Interest Currency Adjustments
RedeemableNoncontrollingInterestCurrencyAdjustments
-37000 USD
CY2013 mdca Redeemable Noncontrolling Interest Decrease From Redemptions
RedeemableNoncontrollingInterestDecreaseFromRedemptions
4270000 USD
CY2014Q2 mdca Net Income Loss Including Transfers From Non Controlling Interest
NetIncomeLossIncludingTransfersFromNonControllingInterest
15030000 USD
mdca Net Income Loss Including Transfers From Non Controlling Interest
NetIncomeLossIncludingTransfersFromNonControllingInterest
-23526000 USD
mdca Net Income Loss Including Transfers From Non Controlling Interest
NetIncomeLossIncludingTransfersFromNonControllingInterest
1386000 USD
CY2013Q2 mdca Net Income Loss Including Transfers From Non Controlling Interest
NetIncomeLossIncludingTransfersFromNonControllingInterest
20691000 USD
mdca Net Transfers To From Non Controlling Interest
NetTransfersToFromNonControllingInterest
-6238000 USD
mdca Net Transfers To From Non Controlling Interest
NetTransfersToFromNonControllingInterest
9816000 USD
CY2013Q2 mdca Net Transfers To From Non Controlling Interest
NetTransfersToFromNonControllingInterest
10875000 USD
CY2014Q2 mdca Net Transfers To From Non Controlling Interest
NetTransfersToFromNonControllingInterest
-1440000 USD
CY2013Q2 mdca Non Controlling Interest Decrease From Business Combination
NonControllingInterestDecreaseFromBusinessCombination
10875000 USD
CY2014Q2 mdca Non Controlling Interest Decrease From Business Combination
NonControllingInterestDecreaseFromBusinessCombination
-1440000 USD
mdca Non Controlling Interest Decrease From Business Combination
NonControllingInterestDecreaseFromBusinessCombination
-6238000 USD
mdca Non Controlling Interest Decrease From Business Combination
NonControllingInterestDecreaseFromBusinessCombination
9816000 USD
mdca Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
380000 USD
CY2014Q2 mdca Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
399000 USD
mdca Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
-309000 USD
mdca Redeemable Noncontrolling Interest Decrease From Redemptions
RedeemableNoncontrollingInterestDecreaseFromRedemptions
1963000 USD
mdca Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
0 USD
CY2013 mdca Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
0 USD
CY2013Q2 mdca Sbc Cost Of Services Sold
SBCCostOfServicesSold
2117000 USD
CY2014Q2 mdca Sbc Cost Of Services Sold
SBCCostOfServicesSold
2227000 USD
mdca Sbc Cost Of Services Sold
SBCCostOfServicesSold
4754000 USD
mdca Sbc Cost Of Services Sold
SBCCostOfServicesSold
3296000 USD
mdca Sbc Office And General Expenses
SBCOfficeAndGeneralExpenses
4042000 USD
CY2013Q2 mdca Sbc Office And General Expenses
SBCOfficeAndGeneralExpenses
2637000 USD
CY2014Q2 mdca Sbc Office And General Expenses
SBCOfficeAndGeneralExpenses
2201000 USD
mdca Sbc Office And General Expenses
SBCOfficeAndGeneralExpenses
5959000 USD
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000876883
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
MDC PARTNERS INC
dei Trading Symbol
TradingSymbol
MDCA
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30

Files In Submission

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0001445305-14-003580.txt Edgar Link pending
0001445305-14-003580-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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Financial_Report.xlsx Edgar Link pending
mdca-20140630.xml Edgar Link completed
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mdca-20140630_cal.xml Edgar Link unprocessable
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