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Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

			Three Months Ended September 30,												Nine Months Ended September 30,
			2021						2020						2021						2020
Revenue:			(Dollars in Thousands)
Integrated Agencies Network			$	288,479					$	55,293					$	441,229					$	163,540
Media Network			103,418						60,777						235,539						185,714
Communications Network			67,348						106,909						157,794						210,100
All Other			$	7,389					$	5,118					$	22,874					$	15,616
Total Revenue			$	466,634					$	228,097					$	857,436					$	574,970
Adjusted EBITDA:
Integrated Agencies Network			$	68,356					$	11,270					$	100,960					$	28,913
Media Network			15,371						8,131						29,789						14,993
Communications Network			10,312						20,231						28,302						39,139
All Other			419						(193)						(1,316)						(749)
Corporate			(6,940)						(2,316)						(7,656)						(3,325)
Total Adjusted EBITDA			$	87,518					$	37,123					$	150,079					$	78,971
Depreciation and amortization			$	(24,790)					$	(9,974)					$	(46,122)					$	(29,838)
Impairment and other losses			(14,926)						—						(14,926)						—
Stock-based compensation			(53,465)						—						(53,465)						—
Deferred acquisition consideration			(3,422)						(149)						(9,456)						(1,270)
Other items, net			(10,549)						(554)						(15,298)						(2,976)
Total Operating Income (Loss)			$	(19,634)					$	26,446					$	10,812					$	44,887

			Three Months Ended September 30,												Nine Months Ended September 30,
			2021						2020						2021						2020
			(Dollars in Thousands)
Other Income (expenses):
Interest expense, net			$	(11,912)					$	(1,778)					$	(15,197)					$	(4,665)
Foreign exchange, net			(893)						(856)						(1,955)						794
Gain on sale of business and other, net			45,621						263						46,806						948
Income before income taxes and equity in earnings of non-consolidated affiliates			13,182						24,075						40,466						41,964
Income tax expense			5,183						2,618						9,205						3,211
Income before equity in earnings of non-consolidated affiliates			7,999						21,457						31,261						38,753
Equity in losses (income) of non-consolidated affiliates			(76)						(35)						(75)						7
Net income			7,923						21,422						31,186						38,760
Net income attributable to noncontrolling and redeemable noncontrolling interests			(9,994)						(3,614)						(10,987)						(4,636)
Net income (loss) attributable to Stagwell Inc. common shareholders			$	(2,071)					$	17,808					$	20,199					$	34,124
Depreciation and amortization:
Integrated Agencies Network			$	14,396					$	2,292					$	19,816					$	6,715
Media Network			6,597						4,903						17,041						14,751
Communications Network			2,110						1,455						5,087						4,210
All Other			493						815						2,013						2,696
Corporate			1,194						509						2,165						1,466
Total			$	24,790					$	9,974					$	46,122					$	29,838
Stock-based compensation:
Integrated Agencies Network			$	32,443					$	—					$	32,443					$	—
Media Network			2,608						—						2,608						—
Communications Network			15,384						—						15,384						—
All Other			16						—						16						—
Corporate			3,014						—						3,014						—
Total			$	53,465					$	—					$	53,465					$	—

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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