XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Revenues $ 671,168 $ 632,265 $ 1,341,227 $ 1,254,709
Operating expenses:        
Cost of services 438,912 402,431 883,438 816,329
Office and general expenses 168,133 162,522 331,476 321,358
Depreciation and amortization 42,001 35,488 76,837 68,965
Impairment and other losses 215 10,562 1,715 10,562
Costs and Expenses, Total 649,261 611,003 1,293,466 1,217,214
Operating Income (Loss), Total 21,907 21,262 47,761 37,495
Other income (expense):        
Interest expense, net (23,533) (23,680) (44,498) (41,869)
Foreign exchange, net (1,355) (1,478) (3,613) (2,148)
Other, net 193 (416) (1,074) (196)
Nonoperating Income (Expense), Total (24,695) (25,574) (49,185) (44,213)
Loss before income taxes and equity in earnings of non-consolidated affiliates (2,788) (4,312) (1,424) (6,718)
Income tax expense 1,165 437 3,750 673
Loss before equity in earnings of non-consolidated affiliates (3,953) (4,749) (5,174) (7,391)
Equity in income (loss) of non-consolidated affiliates (1) (216) 507 (443)
Net loss (3,954) (4,965) (4,667) (7,834)
Net loss attributable to noncontrolling and redeemable noncontrolling interests 989 1,771 420 6,029
Net loss attributable to Stagwell Inc. common shareholders $ (2,965) $ (3,194) $ (4,247) $ (1,805)
Earnings Per Share [Abstract]        
Earnings per share, basic $ (0.03) $ (0.03) $ (0.04) $ (0.01)
Earnings per share, diluted $ (0.03) $ (0.03) $ (0.04) $ (0.01)
Weighted Average Number Of Shares Outstanding For Basic and Diluted [Abstract]        
Weighted Average Number of Shares Outstanding, Basic 113,484 115,400 113,059 120,272
Weighted Average Number of Shares Outstanding, Diluted 113,484 115,400 113,059 120,272