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Interim Reporting | 9 Months Ended
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Sep. 30, 2024
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information | 17. Revision of previously issued Unaudited Consolidated Financial Statements for the third quarter of 2023 The following table presents selected unaudited revised financial information for the nine months ended September 30, 2023, in connection with the revision detailed in Note 1 included herein. There were no changes to previously issued cash flows generated from (used by) operating, investing, or financing activities for any of the impacted periods. The quarterly interim consolidated balance sheet was only impacted by the effects of the balance sheet adjustments discussed in Note 1 of the Notes included herein. For the nine months ended September 30, 2023, we have included the line items that were impacted by the correction of errors originally adjusted as out-of-period in the 2023 interim financial statements. The impact of the revision on the previously issued unaudited quarterly financial information is as follows:
Unaudited Consolidated Statements of Operations and |  |  |  |  |
Unaudited Consolidated Statements of Comprehensive Income (Loss) |  |  |  |  |
| Nine Months Ended September 30, 2023
| As reported |  | Adjustment |  | As revised
Income tax expense | $ | 12,425 |  |  | $ | (7,428) |  |  | $ | 4,997 |
Loss before equity in earnings of non-consolidated affiliates | (11,698) |  |  | 7,428 |  |  | (4,270) |
Net loss | (12,145) |  |  | 7,428 |  |  | (4,717) |
Net loss attributable to noncontrolling and redeemable noncontrolling interests | 8,548 |  |  | (4,983) |  |  | 3,565 |
Net loss attributable to Stagwell Inc. common shareholders | (3,597) |  |  | 2,445 |  |  | (1,152) |
Earnings (Loss) Per Common Share |  |  |  |  |
Basic | (0.03) |  |  | 0.02 |  |  | (0.01) |
Diluted | (0.03) |  |  | 0.02 |  |  | (0.01) |
Other comprehensive loss - foreign currency translation adjustment | (6,153) |  |  | 29 |  |  | (6,124) |
Other comprehensive loss | (6,153) |  |  | 29 |  |  | (6,124) |
Comprehensive loss for the period | (18,298) |  |  | 7,457 |  |  | (10,841) |
Comprehensive loss attributable to the noncontrolling and redeemable noncontrolling interests | 34,829 |  |  | (28,468) |  |  | 6,361 |
Comprehensive income (loss) attributable to Stagwell Inc. common shareholders | 16,531 |  |  | (21,011) |  |  | (4,480) |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 270 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/270/tableOfContent + Details
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