Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

The following tables set forth the computations of basic and diluted income per common share for the year ended December 31, 2023 (amounts in thousands, except per share amounts):

	Year Ended December 31,
	2023
Earnings Per Share - Basic
Numerator:
Net income	$	41,642
Net income attributable to Class C shareholders	(39,066)
Net income attributable to other equity interest holders	(2,442)
Net income attributable to noncontrolling and redeemable noncontrolling interests	(41,508)
Net income attributable to Stagwell Inc. common shareholders	$	134
Denominator:
Weighted average number of common shares outstanding	117,259
Earnings Per Share - Basic	$	0.00
Earnings Per Share - Diluted
Numerator:
Net income attributable to Stagwell Inc. common shareholders	$	134
Denominator:
Basic - Weighted Average number of common shares outstanding	117,259
Dilutive shares:
Stock appreciation right awards	421
Restricted share and restricted unit awards	4,485
Employee Stock Purchase Plan shares	5
Dilutive - Weighted average number of common shares outstanding	122,170
Earnings Per Share - Diluted	$	0.00
Anti-dilutive:
Class C Shares	154,972
Class A Shares to settle deferred acquisition obligations	5,127

The following table sets forth the computations of basic and diluted earnings per common share for the year ended December 31, 2022:

	Year Ended December 31,
	2022
Earnings Per Share - Basic	(amounts in thousands, except per share amounts)
Numerator:
Net income	$	50,044
Net income attributable to Class C shareholders	(16,004)
Net income attributable to other equity interest holders	(14,121)
Net income attributable to noncontrolling and redeemable noncontrolling interests	(30,125)
Net income attributable to Stagwell Inc. common shareholders	$	19,919
Denominator:
Weighted Average number of common shares outstanding	124,262
Earnings Per Share - Basic	$	0.16
Earnings Per Share - Diluted
Numerator:
Net income attributable to Stagwell Inc. common shareholders	$	19,919
Net income attributable to Class C shareholders	16,004
	$	35,923
Denominator:
Basic - Weighted Average number of common shares outstanding	124,262
Dilutive shares:
Stock appreciation right awards	1,896
Restricted share and restricted unit awards	4,467
Class C Shares	165,971
Dilutive - Weighted average number of common shares outstanding	296,596
Earnings Per Share - Diluted	$	0.12