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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 129,824 $ 119,737
Accounts receivable, net 744,287 697,178
Expenditures billable to clients 111,721 114,097
Other current assets 119,215 94,054
Total Current Assets 1,105,047 1,025,066
Fixed assets, net 77,215 77,825
Operating Lease, Right-of-Use Asset 241,709 254,278
Goodwill 1,495,313 1,498,815
Other intangible assets, net 800,691 818,220
Other assets 95,144 92,843
Total Assets 3,815,119 3,767,047
Current Liabilities    
Accounts payable 437,021 414,980
Accrued media 270,491 291,777
Accruals and other liabilities 194,967 233,046
Advance billings 302,484 301,674
Current portion of lease liabilities - operating leases 64,039 65,899
Current portion of deferred acquisition consideration 64,907 66,953
Total Current Liabilities 1,333,909 1,374,329
Long-term debt 1,269,527 1,145,828
Long-term portion of deferred acquisition consideration 35,897 34,105
Long-term lease liabilities - operating leases 271,380 281,307
Deferred tax liabilities, net 38,856 40,509
Other liabilities 56,655 54,905
Total Liabilities 3,006,224 2,930,983
Redeemable Noncontrolling Interests 11,305 10,792
Commitments and Contingencies
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Paid-in capital 333,896 348,494
Retained earnings 19,618 21,148
Accumulated other comprehensive loss (15,931) (13,067)
Stagwell Inc. Shareholders’ Equity 337,700 356,695
Noncontrolling interests 459,890 468,577
Total Shareholders’ Equity 797,590 825,272
Liabilities and Equity, Total 3,815,119 3,767,047
Common Class A and Common Class B    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares 115 118
Common Class C    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares $ 2 $ 2