Company: STGW
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0000876883-25-000009
Chunk: 128

Company: Stagwell Inc
Filing Date: 2025-03-11
Form: 10-K
Item: Item 8
Chunk 128
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 earnings per common share for the year ended December 31, 2023 (amounts in thousands, except per share amounts): Year Ended December 31,2023Earnings Per Share - BasicNumerator: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 outstanding117,259 Earnings Per Share - Basic$— Loss Per Share - DilutedNumerator:Net income attributable to Stagwell Inc. common shareholders$       134 Denominator:Basic - Weighted Average number of common shares outstanding117,259 Dilutive shares:Stock appreciation rights421 Restricted share and restricted unit awards4,485 Employee Stock Purchase Plan shares5 Diluted - Weighted average number of common shares outstanding122,170 Earnings Per Share - Diluted$— Anti-dilutive:Class C Shares154,972 Class A Shares to settle deferred acquisition obligations5,127 

78

The following table presents the computations of basic and diluted earnings per common share for the year ended December 31, 2022 (amounts in thousands, except per share amounts): Year Ended December 31,2022Earnings Per Share - BasicNumerator: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 outstanding124,262 Earnings Per Share - Basic$0.16 Earnings Per Share - DilutedNumerator:Net income attributable to Stagwell Inc. common shareholders$       19,919 Net income attributable to Class C shareholders16,004 $35,923 Denominator:Basic - Weighted Average number of common shares outstanding124,262 Dilutive shares:Stock appreciation rights1,896 Restricted share and restricted unit awards4,467 Class C shares165,971 Diluted - Weighted average number of common shares outstanding