XML 56 R39.htm IDEA: XBRL DOCUMENT
v3.22.4

Noncontrolling and Redeemable Noncontrolling Interests (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Noncontrolling Interest [Abstract] |
Noncontrolling Interest | Changes in the Company’s ownership interests in its less than 100% owned subsidiaries during the years ended December 31, 2022, 2021, and 2020 were as follows:
|  |  | Year Ended December 31,
|  |  |  |  | 2022 |  | 2021 |  | 2020
Net income attributable to Stagwell Inc. common shareholders |  |  |  |  | $ | 27,269 |  |  | $ | 21,036 |  |  | $ | 56,356 |
Transfers from the noncontrolling interest: |  |  |  |  |  |  |  |  |
Change in Stagwell Inc. Paid-in capital for purchase of redeemable noncontrolling interests and noncontrolling interests |  |  |  |  | (1,000) |  |  | (26,538) |  |  | — |
Change in Stagwell Inc. Paid-in-Capital for conversion of Class C to Class A shares |  |  |  |  | 47,911 |  |  | — |  |  | — |
Net transfers from noncontrolling interests |  |  |  |  | 46,911 |  |  | (26,538) |  |  | — |
Change from net income (loss) attributable to Stagwell Inc. and transfers to noncontrolling interests |  |  |  |  | $ | 74,180 |  |  | $ | (5,502) |  |  | $ | 56,356 |
The following table presents net income attributable to noncontrolling interests between holders of Class C Common Stock and other equity interest holders for the years ended December 31, 2022, 2021, and 2020:
|  |  | Year Ended December 31,
|  |  |  |  | 2022 |  | 2021 |  | 2020
Net income attributable to Class C shareholders |  |  |  |  | $ | 24,452 |  |  | $ | 6,126 |  |  | $ | — |
Net income attributable to other equity interest holders |  |  |  |  | 5,986 |  |  | 9,170 |  |  | 18,231 |
Net income attributable to noncontrolling interests |  |  |  |  | $ | 30,438 |  |  | $ | 15,296 |  |  | $ | 18,231 |
The following table presents noncontrolling interests between holders of Class C Common Stock and other equity interest holders as of December 31, 2022 and December 31, 2021:
| December 31, 2022 |  | December 31, 2021
Noncontrolling interest of Class C shareholders | $ | 428,406 |  |  | $ | 475,373 |
Noncontrolling interest of other equity interest holders | 33,691 |  |  | 32,914 |
NCI attributable to noncontrolling interests | $ | 462,097 |  |  | $ | 508,287 |
Redeemable Noncontrolling Interest | The following table presents changes in redeemable noncontrolling interests:
| December 31, 2022 |  | December 31, 2021
Beginning balance | $ | 43,364 |  |  | $ | 604 |
Redemptions | (4,222) |  |  | (15,231) |
Acquisitions (1) | — |  |  | 53,270 |
Changes in redemption value | (8,711) |  |  | 3,834 |
Net income (loss) attributable to redeemable noncontrolling interests | 8,135 |  |  | (412) |
Other | 545 |  |  | 1,299 |
Ending balance | $ | 39,111 |  |  | $ | 43,364 |
(1) In 2021, approximately $26,000 represents redeemable noncontrolling interests acquired in connection with the acquisition of MDC. Approximately $27,000 represents redeemable noncontrolling interests acquired in connection with the purchase of the noncontrolling interest of Targeted Victory. See Note 4 of the Notes included herein for additional information related to the purchase of Targeted Victory.

X
- Definition Noncontrolling Interest [Table Text Block] + References No definition available. + Details
Name: | stgw_NoncontrollingInterestTableTextBlock
Namespace Prefix: | stgw_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_NoncontrollingInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
Name: | us-gaap_RedeemableNoncontrollingInterestTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration