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Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

			Three Months Ended June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
			(dollars in thousands)
Revenue:
Integrated Agencies Network			$	354,341					$	377,176					$	684,133					$	725,927
Brand Performance Network			188,028						194,296						401,368						392,083
Communications Network			81,296						98,762						147,756						192,017
All Other			8,600						2,679						21,452						5,789
Total Revenue			$	632,265					$	672,913					$	1,254,709					$	1,315,816
Adjusted EBITDA:
Integrated Agencies Network			$	74,815					$	70,376					$	134,200					$	139,264
Brand Performance Network			20,773						33,699						44,194						64,947
Communications Network			14,447						17,162						18,460						33,600
All Other			(2,356)						(485)						(6,161)						(609)
Corporate			(16,511)						(9,433)						(27,303)						(24,471)
Total Adjusted EBITDA			$	91,168					$	111,319					$	163,390					$	212,731
Depreciation and amortization			$	(35,488)					$	(32,231)					$	(68,965)					$	(63,435)
Impairment and other losses			(10,562)						(2,266)						(10,562)						(2,823)
Stock-based compensation			(10,546)						(13,131)						(22,550)						(21,152)
Deferred acquisition consideration			(392)						(13,472)						(4,480)						(15,369)
Other items, net			(12,918)						(1,887)						(19,338)						(6,960)
Total Operating Income			$	21,262					$	48,332					$	37,495					$	102,992
Other Income (expenses):
Interest expense, net			$	(23,680)					$	(18,151)					$	(41,869)					$	(36,880)
Foreign exchange, net			(1,478)						70						(2,148)						(236)
Other, net			(416)						(121)						(196)						35
Income (loss) before income taxes and equity in earnings of non-consolidated affiliates			(4,312)						30,130						(6,718)						65,911
Income tax expense			5,717						5,421						8,101						8,610
Income (loss) before equity in earnings of non-consolidated affiliates			(10,029)						24,709						(14,819)						57,301
Equity in income (loss) of non-consolidated affiliates			(216)						(190)						(443)						840
Net income (loss)			(10,245)						24,519						(15,262)						58,141
Net (income) loss attributable to noncontrolling and redeemable noncontrolling interests			5,552						(14,056)						11,012						(35,003)
Net income (loss) attributable to Stagwell Inc. common shareholders			$	(4,693)					$	10,463					$	(4,250)					$	23,138

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- 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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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