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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 138,529 $ 220,589
Accounts receivable, net 659,068 645,846
Expenditures billable to clients 97,590 93,077
Other current assets 77,930 71,443
Total Current Assets 973,117 1,030,955
Fixed assets, net 94,839 98,878
Operating Lease, Right-of-Use Asset 260,763 273,567
Goodwill 1,569,532 1,566,956
Other intangible assets, net 888,455 907,529
Other assets 114,227 115,447
Total Assets 3,900,933 3,993,332
Current Liabilities    
Accounts payable 308,759 357,253
Accrued media 283,578 240,506
Accruals and other liabilities 152,937 248,477
Advance billings 334,933 337,034
Current portion of lease liabilities - operating leases 75,939 76,349
Current portion of deferred acquisition consideration 94,039 90,183
Total Current Liabilities 1,250,185 1,349,802
Long-term debt 1,235,281 1,184,707
Long-term portion of deferred acquisition consideration 71,645 71,140
Long-term lease liabilities - operating leases 278,978 294,049
Deferred tax liabilities, net 43,023 40,109
Other liabilities 70,371 69,780
Total Liabilities 2,949,483 3,009,587
Redeemable Noncontrolling Interests 32,517 39,111
Commitments and Contingencies
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Paid-in capital 469,891 491,899
Retained earnings 30,324 29,445
Accumulated other comprehensive loss (13,253) (38,941)
Stagwell Inc. Shareholders' Equity 487,094 482,537
Noncontrolling interests 431,839 462,097
Total Shareholders' Equity 918,933 944,634
Liabilities and Equity, Total 3,900,933 3,993,332
Common Class A and Common Class B    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares 130 132
Common Class C    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares $ 2 $ 2