XML 68 R57.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Information (Details 1)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
reportable_segment
Jun. 30, 2022
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable segments | reportable_segment     3  
Revenues $ 632,265 $ 672,913 $ 1,254,709 $ 1,315,816
Adjusted EBITDA 91,168 111,319 163,390 212,731
Depreciation, Depletion and Amortization, Nonproduction (35,488) (32,231) (68,965) (63,435)
Asset Impairment Charges (10,562) (2,266) (10,562) (2,823)
Stock-based compensation (10,546) (13,131) (22,550) (21,152)
Deferred Acquisition Consideration Expense (Income) (392) (13,472) (4,480) (15,369)
Other items, net (12,918) (1,887) (19,338) (6,960)
Operating income 21,262 48,332 37,495 102,992
Interest and Debt Expense (23,680) (18,151) (41,869) (36,880)
Foreign exchange, net (1,478) 70 (2,148) (236)
Other Nonoperating Income (Expense) (416) (121) (196) 35
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest (4,312) 30,130 (6,718) 65,911
Income tax expense 5,717 5,421 8,101 8,610
Income Loss From Continuing Operations Before Equity In Earnings Of Non-consolidated Affiliates (10,029) 24,709 (14,819) 57,301
Income (Loss) from Equity Method Investments (216) (190) (443) 840
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest (10,245) 24,519 (15,262) 58,141
Net Income (Loss) Attributable to Noncontrolling Interest 5,552 (14,056) 11,012 (35,003)
Net Income (Loss) Attributable to Parent (4,693) 10,463 (4,250) 23,138
Operating Segments | Integrated Agencies Network        
Segment Reporting Information [Line Items]        
Revenues 354,341 377,176 684,133 725,927
Adjusted EBITDA 74,815 70,376 134,200 139,264
Operating Segments | Brand Performance Network        
Segment Reporting Information [Line Items]        
Revenues 188,028 194,296 401,368 392,083
Adjusted EBITDA 20,773 33,699 44,194 64,947
Operating Segments | Communications Network        
Segment Reporting Information [Line Items]        
Revenues 81,296 98,762 147,756 192,017
Adjusted EBITDA 14,447 17,162 18,460 33,600
Operating Segments | All Other        
Segment Reporting Information [Line Items]        
Revenues 8,600 2,679 21,452 5,789
Adjusted EBITDA (2,356) (485) (6,161) (609)
Corporate, Non-Segment        
Segment Reporting Information [Line Items]        
Adjusted EBITDA $ (16,511) $ (9,433) $ (27,303) $ (24,471)