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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 136,078 $ 119,737
Accounts receivable, net 732,236 697,178
Expenditures billable to clients 126,144 114,097
Other current assets 105,951 94,054
Total Current Assets 1,100,409 1,025,066
Fixed assets, net 78,829 77,825
Operating Lease, Right-of-Use Asset 234,340 254,278
Goodwill 1,504,650 1,498,815
Other intangible assets, net 778,181 818,220
Other assets 96,271 92,843
Total Assets 3,792,680 3,767,047
Current Liabilities    
Accounts payable 388,819 414,980
Accrued media 218,625 291,777
Accruals and other liabilities 205,644 233,046
Advance billings 320,547 301,674
Current portion of lease liabilities - operating leases 63,908 65,899
Current portion of deferred acquisition consideration 24,045 66,953
Total Current Liabilities 1,221,588 1,374,329
Long-term debt 1,422,226 1,145,828
Long-term portion of deferred acquisition consideration 46,996 34,105
Long-term lease liabilities - operating leases 262,760 281,307
Deferred tax liabilities, net 41,720 40,509
Other liabilities 56,359 54,905
Total Liabilities 3,051,649 2,930,983
Redeemable Noncontrolling Interests 11,107 10,792
Commitments and Contingencies
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Paid-in capital 292,616 348,494
Retained earnings 16,771 21,148
Accumulated other comprehensive loss (17,931) (13,067)
Stagwell Inc. Shareholders’ Equity 291,570 356,695
Noncontrolling interests 438,354 468,577
Total Shareholders’ Equity 729,924 825,272
Liabilities and Equity, Total 3,792,680 3,767,047
Common Class A and Common Class B    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares 112 118
Common Class C    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares $ 2 $ 2