XML 24 R10.htm IDEA: XBRL DOCUMENT
v3.23.1

Earnings Per Share | 3 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | 4. Income (Loss) Per Share The following table sets forth the computations of basic and diluted income (loss) per common share for the three months ended March 31, 2023 and 2022:
|  |  |  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
Income Per Share - Basic |  |  |  |  | (amounts in thousands, except per share amounts)
Numerator: |  |  |  |  |  |  |
Net income (loss) |  |  |  |  | $ | (5,017) |  |  | $ | 33,622 |
Net (income) loss attributable to Class C shareholders |  |  |  |  | 3,165 |  |  | (17,721) |
Net (income) loss attributable to other equity interest holders |  |  |  |  | 2,295 |  |  | (3,226) |
Net (income) loss attributable to noncontrolling and redeemable noncontrolling interests |  |  |  |  | 5,460 |  |  | (20,947) |
Net income attributable to Stagwell Inc. common shareholders |  |  |  |  | $ | 443 |  |  | $ | 12,675 |
Denominator: |  |  |  |  |  |  |
Weighted Average number of common shares outstanding |  |  |  |  | 125,199 |  |  | 122,285 |
Income Per Share - Basic |  |  |  |  | $ | 0.00 |  |  | $ | 0.10 |
Income (Loss) Per Share - Diluted |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable to Stagwell Inc. common shareholders |  |  |  |  | $ | 443 |  |  | $ | 12,675 |
Net income (loss) attributable to Class C shareholders |  |  |  |  | (3,165) |  |  | 17,721 |
|  |  |  |  | $ | (2,722) |  |  | $ | 30,396 |
Denominator: |  |  |  |  |  |  |
Basic - Weighted Average number of common shares outstanding |  |  |  |  | 125,199 |  |  | 122,285 |
Stock appreciation right awards |  |  |  |  | 1,929 |  |  | 2,041 |
Restricted share and restricted unit awards |  |  |  |  | 1,769 |  |  | 2,786 |
Class A Shares |  |  |  |  | 128,897 |  |  | 127,112 |
Class C shares |  |  |  |  | 160,909 |  |  | 170,372 |
Dilutive - Weighted average number of common shares outstanding |  |  |  |  | 289,806 |  |  | 297,484 |
Income (Loss) Per Share - Diluted |  |  |  |  | $ | (0.01) |  |  | $ | 0.10 |
Restricted stock awards of 0.7 million and 1.0 million as of March 31, 2023 and 2022, respectively, were excluded from the computation of diluted loss per common share because the performance contingencies necessary for vesting were not met as of the reporting date.

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

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration