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AUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 119,737 $ 220,589
Accounts receivable, net 697,178 645,846
Expenditures billable to clients 114,097 93,077
Other current assets 94,054 74,011
Total Current Assets 1,025,066 1,033,523
Fixed assets, net 77,825 98,878
Operating Lease, Right-of-Use Asset 254,278 273,567
Goodwill 1,498,815 1,566,956
Other intangible assets, net 818,220 907,529
Other assets 92,843 116,138
Total Assets 3,767,047 3,996,591
Current Liabilities    
Accounts payable 414,980 357,253
Accrued media 291,777 240,506
Accruals and other liabilities 233,046 268,871
Advance billings 301,674 337,034
Current portion of lease liabilities - operating leases 65,899 76,349
Current portion of deferred acquisition consideration 66,953 90,183
Total Current Liabilities 1,374,329 1,370,196
Long-term debt 1,145,828 1,184,707
Long-term portion of deferred acquisition consideration 34,105 71,140
Long-term lease liabilities - operating leases 281,307 294,049
Deferred tax liabilities, net 40,509 40,879
Other liabilities 54,905 67,695
Total Liabilities 2,930,983 3,028,666
Redeemable Noncontrolling Interests 10,792 39,111
Commitments and Contingencies
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Paid-in capital 348,494 491,899
Retained earnings 21,148 22,095
Accumulated other comprehensive loss (13,067) (15,478)
Stagwell Inc. Shareholders' Equity 356,695 498,650
Noncontrolling interests 468,577 430,164
Total Shareholders' Equity 825,272 928,814
Liabilities and Equity, Total 3,767,047 3,996,591
Common Class A and Common Class B    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares 118 132
Common Class C    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares $ 2 $ 2