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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 105,284 $ 220,589
Accounts receivable, net 646,310 645,846
Expenditures billable to clients 106,871 93,077
Other current assets 97,083 71,443
Total Current Assets 955,548 1,030,955
Fixed assets, net 86,929 98,878
Operating Lease, Right-of-Use Asset 242,733 273,567
Goodwill 1,578,832 1,566,956
Other intangible assets, net 868,928 907,529
Other assets 120,064 115,447
Total Assets 3,853,034 3,993,332
Current Liabilities    
Accounts payable 338,613 357,253
Accrued media 162,219 240,506
Accruals and other liabilities 205,751 248,477
Advance billings 306,470 337,034
Current portion of lease liabilities - operating leases 76,494 76,349
Current portion of deferred acquisition consideration 96,781 90,183
Total Current Liabilities 1,186,328 1,349,802
Long-term debt 1,487,430 1,184,707
Long-term portion of deferred acquisition consideration 17,688 71,140
Long-term lease liabilities - operating leases 263,888 294,049
Deferred tax liabilities, net 46,783 40,109
Other liabilities 60,598 69,780
Total Liabilities 3,062,715 3,009,587
Redeemable Noncontrolling Interests 28,129 39,111
Commitments and Contingencies
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Paid-in capital 309,521 491,899
Retained earnings 27,496 29,445
Accumulated other comprehensive loss (13,244) (38,941)
Stagwell Inc. Shareholders' Equity 323,891 482,537
Noncontrolling interests 438,299 462,097
Total Shareholders' Equity 762,190 944,634
Liabilities and Equity, Total 3,853,034 3,993,332
Common Class A and Common Class B    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares 116 132
Common Class C    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares $ 2 $ 2