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Accounting Changes and Error Corrections (Tables) | 12 Months Ended
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Dec. 31, 2023
Accounting Changes and Error Corrections [Abstract] |
Schedule of Quantifying Prior Year Misstatements Corrected in Current Year Financial Statements |
Consolidated Statements of Operations and |  |  |  |  |
Consolidated Statements of Comprehensive Income (Loss) |  |  |  |  |
| Year Ended December 31, 2022
| As reported |  | Adjustment |  | As revised
Other, net | $ | (7,059) |  |  | $ | 2,084 |  |  | $ | (4,975) |
Other income (expenses) | (85,727) |  |  | 2,084 |  |  | (83,643) |
Income before income taxes and equity in earnings of non-consolidated affiliates | 73,501 |  |  | 2,084 |  |  | 75,585 |
Income tax expense | 7,580 |  |  | 17,882 |  |  | 25,462 |
Income before equity in earnings of non-consolidated affiliates | 65,921 |  |  | (15,798) |  |  | 50,123 |
Net income | 65,842 |  |  | (15,798) |  |  | 50,044 |
Net (income) attributable to noncontrolling and redeemable noncontrolling interests | (38,573) |  |  | 8,448 |  |  | (30,125) |
Net income attributable to Stagwell Inc. common shareholders | $ | 27,269 |  |  | $ | (7,350) |  |  | $ | 19,919 |
Earnings Per Common Share: |  |  |  |  |
Basic | 0.22 |  |  | (0.06) |  |  | 0.16 |
Diluted | 0.17 |  |  | (0.05) |  |  | 0.12 |
| Year Ended December 31, 2022
| As reported |  | Adjustment |  | As revised
Other comprehensive (loss) - foreign currency translation adjustment | $ | (37,751) |  |  | $ | (22) |  |  | $ | (37,773) |
Other comprehensive (loss) | (33,663) |  |  | (22) |  |  | (33,685) |
Comprehensive income for the period | 32,179 |  |  | (15,820) |  |  | 16,359 |
Comprehensive (income) attributable to the noncontrolling and redeemable noncontrolling interest | (38,573) |  |  | 31,933 |  |  | (6,640) |
Comprehensive income (loss) attributable to Stagwell Inc. common shareholders | (6,394) |  |  | 16,113 |  |  | 9,719 |
Consolidated Balance Sheet |  |  |  |  |
| December 31, 2022
| As reported |  | Adjustment |  | As revised
Other current assets | 71,443 |  |  | 2,568 |  |  | 74,011 |
Total current assets | $ | 1,030,955 |  |  | $ | 2,568 |  |  | $ | 1,033,523 |
Other assets | 115,447 |  |  | 691 |  |  | 116,138 |
Total assets | $ | 3,993,332 |  |  | $ | 3,259 |  |  | $ | 3,996,591 |
Accruals and other liabilities | 248,477 |  |  | 20,394 |  |  | 268,871 |
Total current liabilities | 1,349,802 |  |  | 20,394 |  |  | 1,370,196 |
Deferred tax liabilities, net | 40,109 |  |  | 770 |  |  | 40,879 |
Other liabilities | 69,780 |  |  | (2,085) |  |  | 67,695 |
Total liabilities | $ | 3,009,587 |  |  | $ | 19,079 |  |  | $ | 3,028,666 |
Retained earnings | 29,445 |  |  | (7,350) |  |  | 22,095 |
Accumulated other comprehensive loss | (38,941) |  |  | 23,463 |  |  | (15,478) |
Stagwell Inc. Shareholders' Equity | 482,537 |  |  | 16,113 |  |  | 498,650 |
Noncontrolling interests | 462,097 |  |  | (31,933) |  |  | 430,164 |
Total Shareholders' Equity | 944,634 |  |  | (15,820) |  |  | 928,814 |
Total Liabilities, Redeemable Noncontrolling Interests and Shareholders' Equity | $ | 3,993,332 |  |  | $ | 3,259 |  |  | $ | 3,996,591 |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794 + Details
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