XML 51 R40.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Numerator        
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest $ 3,117 $ 35,274 $ (12,145) $ 93,415
Net Income (Loss) Attributable to Noncontrolling Interest (2,464) (24,665) 8,548 (59,668)
Net Income (Loss) Attributable to Parent 653 $ 10,609 $ (3,597) $ 33,747
Net income available to stockholders, diluted $ 686      
Denominator        
Basic weighted average number of common shares outstanding (in shares) 110,787 125,384 118,772 124,710
Diluted weighted average number of common shares outstanding (in shares) 265,006 130,498 118,772 131,550
Class of Stock [Line Items]        
Basic (in dollars per share) $ 0.01 $ 0.08 $ (0.03) $ 0.27
Diluted (in dollars per share) $ 0.00 $ 0.08 $ (0.03) $ 0.26
Antidilutive securities excluded from computation of earnings per share (shares)     3,700 2,300
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest $ 3,117 $ 35,274 $ (12,145) $ 93,415
Income attributable to noncontrolling interests 2,464 24,665 (8,548) 59,668
Net Income (Loss) Attributable to Parent $ 653 $ 10,609 $ (3,597) $ 33,747
Weighted Average Number of Shares Outstanding, Basic 110,787 125,384 118,772 124,710
Net income available to stockholders, diluted $ 686      
Diluted weighted average number of common shares outstanding (in shares) 265,006 130,498 118,772 131,550
Stagwell Media        
Numerator        
Net Income (Loss) Attributable to Noncontrolling Interest $ 33 $ (19,286) $ (7,684) $ (51,027)
Class of Stock [Line Items]        
Income attributable to noncontrolling interests (33) 19,286 7,684 51,027
Stagwell Global        
Numerator        
Net Income (Loss) Attributable to Noncontrolling Interest 2,431 (5,379) (864) (8,641)
Class of Stock [Line Items]        
Income attributable to noncontrolling interests $ (2,431) $ 5,379 $ 864 $ 8,641
Common Class C        
Class of Stock [Line Items]        
Weighted average number diluted shares outstanding adjustment 151,649      
Antidilutive securities excluded from computation of earnings per share (shares)     151,649  
Stock Appreciation Rights (SARs)        
Class of Stock [Line Items]        
Weighted average number diluted shares outstanding adjustment 407 1,837   1,885
Restricted Stock Units (RSUs)        
Class of Stock [Line Items]        
Weighted average number diluted shares outstanding adjustment 2,139 3,277   4,955
Common Class A        
Class of Stock [Line Items]        
Weighted average number diluted shares outstanding adjustment 113,357 130,498   131,550
Employee Stock        
Class of Stock [Line Items]        
Weighted average number diluted shares outstanding adjustment 24      
Antidilutive securities excluded from computation of earnings per share (shares)     72  
Class A Shares for Instruments with Share Settlement        
Class of Stock [Line Items]        
Antidilutive securities excluded from computation of earnings per share (shares) 7,480   6,843  
Stock Appreciation Rights and Restricted Awards        
Class of Stock [Line Items]        
Antidilutive securities excluded from computation of earnings per share (shares)     5,532