Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Revenue:	(Dollars in Thousands)
Integrated Agencies Network	$	378,168	$	81,639	$	728,639	$	150,587
Media Network	194,296		70,560		392,083		134,283
Communications Network	97,770		47,738		189,305		90,446
All Other	2,679		9,623		5,789		15,486
Total Revenue	$	672,913	$	209,560	$	1,315,816	$	390,802
Adjusted EBITDA:
Integrated Agencies Network	$	70,307	$	19,755	$	139,696	$	34,251
Media Network	33,699		9,129		64,947		12,821
Communications Network	17,231		9,962		33,168		17,936
All Other	(485)		298		(609)		(1,313)
Corporate	(9,433)		(426)		(24,471)		(1,135)
Total Adjusted EBITDA	$	111,319	$	38,718	$	212,731	$	62,560
Depreciation and amortization	$	(32,231)	$	(10,381)	$	(63,435)	$	(21,331)
Impairment and other losses	(2,266)		—		(2,823)		—
Stock-based compensation	(13,131)		—		(21,152)		—
Deferred acquisition consideration	(13,472)		(2,098)		(15,369)		(6,034)
Other items, net	(1,887)		(1,808)		(6,960)		(4,749)
Total Operating Income	$	48,332	$	24,431	$	102,992	$	30,446

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(Dollars in Thousands)
Other Income (expenses):
Interest expense, net	$	(18,151)	$	(1,935)	$	(36,880)	$	(3,286)
Foreign exchange, net	70		(385)		(236)		(1,062)
Other, net	(121)		(101)		35		1,184
Income before income taxes and equity in earnings of non-consolidated affiliates	30,130		22,010		65,911		27,282
Income tax expense	5,421		3,348		8,610		4,021
Income before equity in earnings of non-consolidated affiliates	24,709		18,662		57,301		23,261
Equity in income (loss) of non-consolidated affiliates	(190)		(3)		840		1
Net income	24,519		18,659		58,141		23,262
Net income attributable to noncontrolling and redeemable noncontrolling interests	(14,056)		(1,314)		(35,003)		(1,552)
Net income attributable to Stagwell Inc. common shareholders	$	10,463	$	17,345	$	23,138	$	21,710
Depreciation and amortization:
Integrated Agencies Network	$	18,010	$	2,691	$	36,890	$	5,293
Media Network	8,643		5,313		16,839		10,572
Communications Network	2,524		1,395		5,064		2,977
All Other	750		496		1,251		1,518
Corporate	2,304		486		3,391		971
Total	$	32,231	$	10,381	$	63,435	$	21,331
Stock-based compensation
Integrated Agencies Network	$	4,663	$	—	$	9,736	$	—
Media Network	4,969		—		6,229		—
Communications Network	649		—		406		—
All Other	—		—		8		—
Corporate	2,850		—		4,773		—
Total	$	13,131	$	—	$	21,152	$	—