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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Revenue $ 642,903 $ 181,242
Operating expenses:    
Cost of services 411,970 111,999
Office and general expenses 144,512 52,278
Depreciation and amortization 31,204 10,950
Impairment and other losses 557 0
Costs and Expenses, Total 588,243 175,227
Operating income 54,660 6,015
Other income (expense):    
Interest expense, net (18,729) (1,351)
Foreign exchange, net (306) (677)
Other, net 156 1,285
Nonoperating Income (Expense), Total (18,879) (743)
Income before income taxes and equity in earnings of non-consolidated affiliates 35,781 5,272
Income tax expense 3,189 673
Income before equity in earnings of non-consolidated affiliates 32,592 4,599
Equity in income of non-consolidated affiliates 1,030 4
Net income 33,622 4,603
Net income attributable to noncontrolling and redeemable noncontrolling interests (20,947) (238)
Net income attributable to Stagwell Inc. common shareholders $ 12,675 $ 4,365
Basic and diluted    
Earnings per share, basic $ 0.10  
Earnings per share, diluted $ 0.10  
Weighted Average Number of Common Shares Outstanding:    
Weighted Average Number of Shares Outstanding, Basic 122,285  
Weighted Average Number of Shares Outstanding, Diluted 297,484