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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

The following table sets forth the computations of basic and diluted loss per common share for the three and six months ended June 30, 2024 (amounts in thousands, except per share amounts):

			Three Months Ended June 30,			Six Months Ended June 30,
			2024			2024
Loss Per Share - Basic and Diluted
Numerator:
Net loss			$	(3,954)		$	(4,667)
Net loss attributable to Class C shareholders			2,535			3,582
Net income attributable to other equity interest holders			(1,546)			(3,162)
Net loss attributable to noncontrolling and redeemable noncontrolling interests			989			420
Net loss attributable to Stagwell Inc. common shareholders			$	(2,965)		$	(4,247)
Denominator:
Weighted average number of common shares outstanding			113,484			113,059
Loss Per Share - Basic and Diluted			$	(0.03)		$	(0.04)
Anti-dilutive:
Class C Shares			151,649			151,649
Stock Appreciation Rights and Restricted Awards			4,177			3,641
Class A Shares to settle deferred acquisition obligations			2,810			2,851
Employee Stock Purchase Plan shares			39			39

The following table sets forth the computations of basic and diluted loss per common share for the three months ended June 30, 2023 (amounts in thousands, except per share amounts):

			Three Months Ended June 30,			Six Months Ended June 30,
			2023			2023
Loss Per Share - Basic and Diluted
Numerator:
Net loss			$	(4,965)		$	(7,834)
Net loss attributable to Class C shareholders			771			2,734
Net loss attributable to other equity interest holders			1,000			3,295
Net loss attributable to noncontrolling and redeemable noncontrolling interests			$	1,771		$	6,029
Net loss attributable to Stagwell Inc. common shareholders			$	(3,194)		$	(1,805)
Denominator:
Weighted Average number of common shares outstanding			115,400			120,272
Loss Per Share - Basic and Diluted			$	(0.03)		$	(0.01)
Anti-dilutive:
Class C Shares			155,821			158,351
Stock Appreciation Rights and Restricted Awards			4,416			4,736
Class A Shares to settle deferred acquisition obligations			4,719			4,620

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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