2014 Q3 Form 10-Q Financial Statement

#000144530514004844 Filed on November 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2013 Q3
Revenue $309.4M $267.5M
YoY Change 15.68% 0.77%
Cost Of Revenue $205.5M $176.9M
YoY Change 16.19% -1.07%
Gross Profit $103.8M $90.55M
YoY Change 14.68% 4.58%
Gross Profit Margin 33.56% 33.85%
Selling, General & Admin $70.80M $88.80M
YoY Change -20.27% 22.82%
% of Gross Profit 68.18% 98.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.10M $9.500M
YoY Change 6.32% -20.83%
% of Gross Profit 9.73% 10.49%
Operating Expenses $82.50M $98.30M
YoY Change -16.07% 16.19%
Operating Profit $21.34M $1.176M
YoY Change 1714.88% -40.67%
Interest Expense -$24.90M -$8.800M
YoY Change 182.95% -27.27%
% of Operating Profit -116.67% -748.3%
Other Income/Expense, Net -$23.56M -$8.816M
YoY Change 167.22% -4508.0%
Pretax Income -$2.215M -$7.640M
YoY Change -71.01% -21.24%
Income Tax -$266.0K $4.334M
% Of Pretax Income
Net Earnings -$4.922M -$21.20M
YoY Change -76.78% 46.24%
Net Earnings / Revenue -1.59% -7.93%
Basic Earnings Per Share -$0.10 -$0.45
Diluted Earnings Per Share -$0.10 -$0.63
COMMON SHARES
Basic Shares Outstanding 49.63M shares 47.21M shares
Diluted Shares Outstanding 49.63M shares 47.21M shares

Balance Sheet

Concept 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $48.90M $63.30M
YoY Change -22.75% -13.05%
Cash & Equivalents $42.46M $63.31M
Short-Term Investments
Other Short-Term Assets $31.05M $22.63M
YoY Change 37.23% 28.57%
Inventory
Prepaid Expenses
Receivables $386.6M $331.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $568.6M $487.6M
YoY Change 16.63% 6.8%
LONG-TERM ASSETS
Property, Plant & Equipment $61.12M $51.94M
YoY Change 17.68% 0.08%
Goodwill $928.2M $711.3M
YoY Change 30.49%
Intangibles $65.58M $50.81M
YoY Change 29.06%
Long-Term Investments $472.0K $196.0K
YoY Change 140.82%
Other Assets $62.02M $45.07M
YoY Change 37.61% -8.4%
Total Long-Term Assets $1.139B $878.1M
YoY Change 29.67% -1.91%
TOTAL ASSETS
Total Short-Term Assets $568.6M $487.6M
Total Long-Term Assets $1.139B $878.1M
Total Assets $1.707B $1.366B
YoY Change 25.02% 1.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $268.8M $213.0M
YoY Change 26.2% -31.51%
Accrued Expenses $265.9M $286.1M
YoY Change -7.06% 226.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $650.0K $784.0K
YoY Change -17.09% -58.74%
Total Short-Term Liabilities $825.1M $698.7M
YoY Change 18.1% 14.35%
LONG-TERM LIABILITIES
Long-Term Debt $743.1M $550.5M
YoY Change 35.0% 17.18%
Other Long-Term Liabilities $31.96M $44.02M
YoY Change -27.41% -67.53%
Total Long-Term Liabilities $775.1M $594.5M
YoY Change 30.38% -1.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $825.1M $698.7M
Total Long-Term Liabilities $775.1M $594.5M
Total Liabilities $1.794B $1.406B
YoY Change 27.62% -3.02%
SHAREHOLDERS EQUITY
Retained Earnings -$462.9M -$371.3M
YoY Change 24.68%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$383.5M -$220.7M
YoY Change
Total Liabilities & Shareholders Equity $1.707B $1.366B
YoY Change 25.02% 1.03%

Cashflow Statement

Concept 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$4.922M -$21.20M
YoY Change -76.78% 46.24%
Depreciation, Depletion And Amortization $10.10M $9.500M
YoY Change 6.32% -20.83%
Cash From Operating Activities $2.600M $51.30M
YoY Change -94.93% 129.02%
INVESTING ACTIVITIES
Capital Expenditures $12.98M $4.369M
YoY Change 197.05% -8.25%
Acquisitions
YoY Change
Other Investing Activities -$9.000M $100.0K
YoY Change -9100.0% -101.28%
Cash From Investing Activities -$20.90M -$4.200M
YoY Change 397.62% -66.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.70M -60.50M
YoY Change -80.66% 564.84%
NET CHANGE
Cash From Operating Activities 2.600M 51.30M
Cash From Investing Activities -20.90M -4.200M
Cash From Financing Activities -11.70M -60.50M
Net Change In Cash -30.00M -13.40M
YoY Change 123.88% -2014.29%
FREE CASH FLOW
Cash From Operating Activities $2.600M $51.30M
Capital Expenditures $12.98M $4.369M
Free Cash Flow -$10.38M $46.93M
YoY Change -122.11% 166.08%

Facts In Submission

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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.23
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
223000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.16
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.16
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.23
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
73000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
196000 USD
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
81000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2781000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8189000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4334000 USD
us-gaap Income Taxes Paid
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555000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
359000 USD
us-gaap Increase Decrease In Accounts Receivable
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57478000 USD
us-gaap Increase Decrease In Accounts Receivable
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5166000 USD
us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
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22978000 USD
us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
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51426000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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11110000 USD
us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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8899000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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5492000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2309000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
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56262000 USD
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
65575000 USD
CY2014Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
14019000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
33392000 USD
CY2013Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
10589000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
40655000 USD
us-gaap Interest And Other Income
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202000 USD
CY2014Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
43000 USD
CY2013Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
37000 USD
us-gaap Interest And Other Income
InterestAndOtherIncome
153000 USD
CY2014Q3 us-gaap Interest Expense Other
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us-gaap Interest Expense Other
InterestExpenseOther
40502000 USD
us-gaap Interest Expense Other
InterestExpenseOther
88778000 USD
CY2013Q3 us-gaap Interest Expense Other
InterestExpenseOther
10552000 USD
us-gaap Interest Paid
InterestPaid
18781000 USD
us-gaap Interest Paid
InterestPaid
23247000 USD
CY2014Q3 us-gaap Letters Of Credit Outstanding Amount
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4827000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
1553305000 USD
CY2014Q3 us-gaap Liabilities
Liabilities
1794047000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1425227000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1707328000 USD
CY2014Q3 us-gaap Liabilities Current
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825091000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
690322000 USD
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
467000 USD
CY2014Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
650000 USD
CY2014Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
743148000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
664661000 USD
CY2014Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0 USD
CY2013Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0 USD
CY2014Q3 us-gaap Minority Interest
MinorityInterest
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CY2013Q4 us-gaap Minority Interest
MinorityInterest
53088000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-27768000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6014000 USD
CY2013 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5525000 USD
CY2014Q3 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
1
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-88904000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-79223000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13242000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-79223000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-13231000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41807000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
105351000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
42105000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
112812000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-21200000 USD
us-gaap Net Income Loss
NetIncomeLoss
2702000 USD
us-gaap Net Income Loss
NetIncomeLoss
-54542000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-4922000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1911000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1685000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4796000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4407000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-43651000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-4882000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
3000000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-13812000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-43651000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3000000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13812000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4882000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
62724000 USD
CY2014Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-23635000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-49396000 USD
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8816000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-87233000 USD
CY2013Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
120000 USD
CY2014Q3 us-gaap Notes And Loans Payable
NotesAndLoansPayable
80000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1176000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
59750000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
39604000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
20094000 USD
CY2014Q3 us-gaap Other Assets Current
OtherAssetsCurrent
31054000 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
25458000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
50648000 USD
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
62015000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
650000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1597000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2356000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-857000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
757000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2356000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
0 USD
CY2014Q3 us-gaap Other Liabilities
OtherLiabilities
6422000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
34430000 USD
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
31956000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-8894000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1545000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9659000 USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1736000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2198000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3740000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5011000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4791000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
14496000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
28054000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
4103000 USD
CY2013 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5210000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2376000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
15971000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
510000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
57728000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13976000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20634000 USD
CY2014Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13789000 USD
CY2013Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4369000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
4822000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
6014000 USD
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2014Q3 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
57000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
561000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
18364000 USD
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
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us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
7700000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
77000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
209000 USD
us-gaap Profit Loss
ProfitLoss
-50135000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
7498000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
-3237000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
52071000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
61124000 USD
CY2014Q3 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
CY2014Q3 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
185925000 USD
CY2012Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
117953000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1428000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
380000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
425000000 USD
CY2014Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
6464000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
44000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-465576000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-462874000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
841805000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
937178000 USD
CY2013Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
288670000 USD
CY2014Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
326890000 USD
CY2014Q3 us-gaap Share Based Compensation
ShareBasedCompensation
3437000 USD
CY2013Q3 us-gaap Share Based Compensation
ShareBasedCompensation
27435000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
12233000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
36690000 USD
us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
319283 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
4791000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-276612000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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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>
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
627836 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49630532 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50134263 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47052944 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47205699 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47052944 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49630532 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47205699 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49506427 shares
CY2013Q4 mdca Accrued And Other Liabilities Attributable To Noncontrolling Interest
AccruedAndOtherLiabilitiesAttributableToNoncontrollingInterest
5210000 USD
CY2014Q3 mdca Accrued And Other Liabilities Attributable To Noncontrolling Interest
AccruedAndOtherLiabilitiesAttributableToNoncontrollingInterest
4103000 USD
CY2012Q4 mdca Accrued And Other Liabilities Attributable To Noncontrolling Interest
AccruedAndOtherLiabilitiesAttributableToNoncontrollingInterest
3624000 USD
CY2013Q4 mdca Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
240580000 USD
CY2014Q3 mdca Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
265923000 USD
mdca Adjustment To Deferred Acquisition Consideration
AdjustmentToDeferredAcquisitionConsideration
16129000 USD
mdca Adjustment To Deferred Acquisition Consideration
AdjustmentToDeferredAcquisitionConsideration
5577000 USD
mdca Adjustments To Additional Paid In Capital Transfer Charge In Excess Of Capital
AdjustmentsToAdditionalPaidInCapitalTransferChargeInExcessOfCapital
0 USD
mdca Adjustments To Noncontrolling Interest
AdjustmentsToNoncontrollingInterest
111000 USD
mdca Aggregate Grant Date Fair Value
AggregateGrantDateFairValue
7483000 USD
CY2014Q3 mdca Business Acquisition Contingent Consideration At Fair Value1 Current
BusinessAcquisitionContingentConsiderationAtFairValue1Current
82535000 USD
CY2013Q4 mdca Business Acquisition Contingent Consideration At Fair Value1 Current
BusinessAcquisitionContingentConsiderationAtFairValue1Current
53041000 USD
CY2014Q3 mdca Business Acquisition Contingent Consideration At Fair Value1 Noncurrent
BusinessAcquisitionContingentConsiderationAtFairValue1Noncurrent
127381000 USD
CY2013Q4 mdca Business Acquisition Contingent Consideration At Fair Value1 Noncurrent
BusinessAcquisitionContingentConsiderationAtFairValue1Noncurrent
100872000 USD
CY2013Q4 mdca Business Acquisition Contingent Consideration Potential Cash Payment Total
BusinessAcquisitionContingentConsiderationPotentialCashPaymentTotal
153913000 USD
CY2014Q3 mdca Business Acquisition Contingent Consideration Potential Cash Payment Total
BusinessAcquisitionContingentConsiderationPotentialCashPaymentTotal
209916000 USD
mdca Business Acquisition Increase Decrease In Contingent Purchase Price Obligation
BusinessAcquisitionIncreaseDecreaseInContingentPurchasePriceObligation
14716000 USD
CY2014Q3 mdca Business Acquisition Increase Decrease In Contingent Purchase Price Obligation
BusinessAcquisitionIncreaseDecreaseInContingentPurchasePriceObligation
2623000 USD
CY2013Q3 mdca Business Acquisition Increase Decrease In Contingent Purchase Price Obligation
BusinessAcquisitionIncreaseDecreaseInContingentPurchasePriceObligation
717000 USD
mdca Business Acquisition Increase Decrease In Contingent Purchase Price Obligation
BusinessAcquisitionIncreaseDecreaseInContingentPurchasePriceObligation
5400000 USD
CY2014Q3 mdca Businessacquisitioncurrentperiodnetincome
Businessacquisitioncurrentperiodnetincome
1791000 USD
mdca Businessacquisitioncurrentperiodnetincome
Businessacquisitioncurrentperiodnetincome
5810000 USD
mdca Businessacquisitioncurrentperiodrevenue
Businessacquisitioncurrentperiodrevenue
34049000 USD
CY2014Q3 mdca Businessacquisitioncurrentperiodrevenue
Businessacquisitioncurrentperiodrevenue
18069000 USD
mdca Changes In Redemption Value
ChangesInRedemptionValue
27768000 USD
CY2013 mdca Changes In Redemption Value
ChangesInRedemptionValue
35689000 USD
CY2014Q3 mdca Charges In Excess Of Capital
ChargesInExcessOfCapital
188808000 USD
CY2013Q4 mdca Charges In Excess Of Capital
ChargesInExcessOfCapital
126352000 USD
CY2014Q3 mdca Common Stock Issuable Shares Issuable
CommonStockIssuableSharesIssuable
0 shares
CY2013Q4 mdca Common Stock Issuable Shares Issuable
CommonStockIssuableSharesIssuable
42000 shares
CY2014Q3 mdca Common Stock Issuable Shares Value
CommonStockIssuableSharesValue
0 USD
CY2013Q4 mdca Common Stock Issuable Shares Value
CommonStockIssuableSharesValue
424000 USD
mdca Consolidated Accounts Receivable Percentage
ConsolidatedAccountsReceivablePercentage
0.1
mdca Consolidated Largest Client Revenue
ConsolidatedLargestClientRevenue
0.1
CY2014Q3 mdca Debt Instrument Amortized Premium
DebtInstrumentAmortizedPremium
7296000 USD
CY2013Q4 mdca Debt Instrument Amortized Premium
DebtInstrumentAmortizedPremium
4056000 USD
CY2013Q4 mdca Deferred Acquisition Consideration Fixed Payments
DeferredAcquisitionConsiderationFixedPayments
2065000 USD
CY2014Q3 mdca Deferred Acquisition Consideration Fixed Payments
DeferredAcquisitionConsiderationFixedPayments
35898000 USD
mdca Distributions From Affiliates
DistributionsFromAffiliates
3244000 USD
mdca Distributions From Affiliates
DistributionsFromAffiliates
2802000 USD
mdca Distributions In Excess Of Carrying Value
DistributionsInExcessOfCarryingValue
0 USD
mdca Distributions In Excess Of Carrying Value
DistributionsInExcessOfCarryingValue
3058000 USD
CY2013Q3 mdca Distributions In Excess Of Carrying Value
DistributionsInExcessOfCarryingValue
0 USD
CY2014Q3 mdca Distributions In Excess Of Carrying Value
DistributionsInExcessOfCarryingValue
0 USD
CY2014Q3 mdca Estimated Aggregate Amount For Put Options
EstimatedAggregateAmountForPutOptions
185925000 USD
mdca Estimated Issuance Of Share Capital For Purchase Of Ownership Interest On Exercise Of Put Options
EstimatedIssuanceOfShareCapitalForPurchaseOfOwnershipInterestOnExerciseOfPutOptions
1538000 USD
CY2014Q3 mdca Estimated Payment For Put Options Upon Termination
EstimatedPaymentForPutOptionsUponTermination
168027000 USD
CY2014Q3 mdca Estimated Payments For Put Option Excluding Termination
EstimatedPaymentsForPutOptionExcludingTermination
22348000 USD
CY2013Q4 mdca Expenditures Billable Current
ExpendituresBillableCurrent
63246000 USD
CY2014Q3 mdca Expenditures Billable Current
ExpendituresBillableCurrent
102053000 USD
CY2013Q3 mdca Foreign Currency Transaction Gain Loss Realized And Unrealized
ForeignCurrencyTransactionGainLossRealizedAndUnrealized
1738000 USD
mdca Foreign Currency Transaction Gain Loss Realized And Unrealized
ForeignCurrencyTransactionGainLossRealizedAndUnrealized
-1209000 USD
CY2014Q3 mdca Foreign Currency Transaction Gain Loss Realized And Unrealized
ForeignCurrencyTransactionGainLossRealizedAndUnrealized
-11046000 USD
mdca Foreign Currency Transaction Gain Loss Realized And Unrealized
ForeignCurrencyTransactionGainLossRealizedAndUnrealized
-10661000 USD
CY2014Q3 mdca Goodwill And Intangibles
GoodwillAndIntangibles
993784000 USD
CY2013Q3 mdca Goodwill And Intangibles
GoodwillAndIntangibles
762145000 USD
mdca Income Loss From Continuing Operations Before Equity In Earnings Of Subsidiaries
IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfSubsidiaries
-39440000 USD
CY2014Q3 mdca Income Loss From Continuing Operations Before Equity In Earnings Of Subsidiaries
IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfSubsidiaries
-3278000 USD
mdca Income Loss From Continuing Operations Before Equity In Earnings Of Subsidiaries
IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfSubsidiaries
7573000 USD
CY2013Q3 mdca Income Loss From Continuing Operations Before Equity In Earnings Of Subsidiaries
IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfSubsidiaries
-11974000 USD
mdca Income Payable To Noncontrolling Interests
IncomePayableToNoncontrollingInterests
4796000 USD
CY2013 mdca Income Payable To Noncontrolling Interests
IncomePayableToNoncontrollingInterests
6461000 USD
mdca Increase Decrease In Accounts Payable Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities
20348000 USD
mdca Increase Decrease In Accounts Payable Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities
39091000 USD
mdca Increase Decrease In Expenditures Billable To Clients
IncreaseDecreaseInExpendituresBillableToClients
11033000 USD
mdca Increase Decrease In Expenditures Billable To Clients
IncreaseDecreaseInExpendituresBillableToClients
38944000 USD
mdca Increase Decrease In Redeemable And Non Redeemable Non Controlling Interest From Step Up Transactions
IncreaseDecreaseInRedeemableAndNonRedeemableNonControllingInterestFromStepUpTransactions
-10255000 USD
CY2014Q3 mdca Investment Commitments
InvestmentCommitments
13018000 USD
mdca Loss On Redemption Of Notes
LossOnRedemptionOfNotes
50385000 USD
mdca Loss On Redemption Of Notes
LossOnRedemptionOfNotes
0 USD
mdca Net Income Loss Including Transfers From Non Controlling Interest
NetIncomeLossIncludingTransfersFromNonControllingInterest
-43195000 USD
mdca Net Income Loss Including Transfers From Non Controlling Interest
NetIncomeLossIncludingTransfersFromNonControllingInterest
-3427000 USD
CY2014Q3 mdca Net Income Loss Including Transfers From Non Controlling Interest
NetIncomeLossIncludingTransfersFromNonControllingInterest
-4813000 USD
CY2013Q3 mdca Net Income Loss Including Transfers From Non Controlling Interest
NetIncomeLossIncludingTransfersFromNonControllingInterest
-19669000 USD
mdca Net Transfers To From Non Controlling Interest
NetTransfersToFromNonControllingInterest
11347000 USD
CY2013Q3 mdca Net Transfers To From Non Controlling Interest
NetTransfersToFromNonControllingInterest
1531000 USD
mdca Net Transfers To From Non Controlling Interest
NetTransfersToFromNonControllingInterest
-6129000 USD
CY2014Q3 mdca Net Transfers To From Non Controlling Interest
NetTransfersToFromNonControllingInterest
109000 USD
CY2014Q3 mdca Non Controlling Interest Decrease From Business Combination
NonControllingInterestDecreaseFromBusinessCombination
109000 USD
mdca Non Controlling Interest Decrease From Business Combination
NonControllingInterestDecreaseFromBusinessCombination
-6129000 USD
mdca Non Controlling Interest Decrease From Business Combination
NonControllingInterestDecreaseFromBusinessCombination
11347000 USD
CY2013Q3 mdca Non Controlling Interest Decrease From Business Combination
NonControllingInterestDecreaseFromBusinessCombination
1531000 USD
mdca Notes Receivableinexchangeforsharesofsubsidiary
NotesReceivableinexchangeforsharesofsubsidiary
1746000 USD
mdca Notes Receivableinexchangeforsharesofsubsidiary
NotesReceivableinexchangeforsharesofsubsidiary
0 USD
CY2013Q3 mdca Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
-2000 USD
mdca Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
-304000 USD
CY2014Q3 mdca Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
1387000 USD
mdca Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
1767000 USD
mdca Payments Related To Acquisition
PaymentsRelatedToAcquisition
71255000 USD
mdca Payments Related To Acquisition
PaymentsRelatedToAcquisition
111396000 USD
mdca Premium Paid On Redemption Of Notes
PremiumPaidOnRedemptionOfNotes
0 USD
mdca Premium Paid On Redemption Of Notes
PremiumPaidOnRedemptionOfNotes
50385000 USD
mdca Redeemable Noncontrolling Interest Currency Adjustments
RedeemableNoncontrollingInterestCurrencyAdjustments
-505000 USD
CY2013 mdca Redeemable Noncontrolling Interest Currency Adjustments
RedeemableNoncontrollingInterestCurrencyAdjustments
-838000 USD
CY2013 mdca Redeemable Noncontrolling Interest Decrease From Redemptions
RedeemableNoncontrollingInterestDecreaseFromRedemptions
4270000 USD
mdca Redeemable Noncontrolling Interest Decrease From Redemptions
RedeemableNoncontrollingInterestDecreaseFromRedemptions
3592000 USD
CY2013 mdca Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
0 USD
mdca Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
13720000 USD
CY2014Q3 mdca Sbc Cost Of Services Sold
SBCCostOfServicesSold
1516000 USD
mdca Sbc Cost Of Services Sold
SBCCostOfServicesSold
6270000 USD
mdca Sbc Cost Of Services Sold
SBCCostOfServicesSold
4952000 USD
CY2013Q3 mdca Sbc Cost Of Services Sold
SBCCostOfServicesSold
1656000 USD
mdca Sbc Office And General Expenses
SBCOfficeAndGeneralExpenses
31738000 USD
CY2013Q3 mdca Sbc Office And General Expenses
SBCOfficeAndGeneralExpenses
25779000 USD
CY2014Q3 mdca Sbc Office And General Expenses
SBCOfficeAndGeneralExpenses
1921000 USD
mdca Sbc Office And General Expenses
SBCOfficeAndGeneralExpenses
5963000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
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

Files In Submission

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0001445305-14-004844-index-headers.html Edgar Link pending
0001445305-14-004844-index.html Edgar Link pending
0001445305-14-004844.txt Edgar Link pending
0001445305-14-004844-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
mdca-20140930.xml Edgar Link completed
mdca-20140930.xsd Edgar Link pending
mdca-20140930x10q.htm Edgar Link pending
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mdca-20140930_cal.xml Edgar Link unprocessable
mdca-20140930_def.xml Edgar Link unprocessable
mdca-20140930_lab.xml Edgar Link unprocessable
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