Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share (Tables)

v3.21.2
Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Loss Per Share A reconciliation of the numerator and denominator used in the calculation of basic and diluted loss per share of Class A common stock is as follows:

 

 

Three and nine
months ended
September 30, 2021

 

Net income (loss)

 

$

(32,590

)

Less: Net income (loss) attributable to RSG LLC before the Organizational Transactions

 

 

15,781

 

Less: Net income (loss) attributable to non-controlling interests

 

 

(31,256

)

Net income (loss) attributable to Ryan Specialty Group Holdings, Inc.

 

$

(17,115

)

Numerator:

 

 

 

Net income (loss) attributable to Class A common shareholders- basic and diluted

 

$

(17,115

)

Denominator:

 

 

 

Weighted-average shares of Class A common stock outstanding- basic and diluted

 

 

105,309,406

 

Net income (loss) per share of Class A common stock- basic and diluted

 

 

(0.16

)

Schedule of Number of Shares Excluded from Calculation of Diluted Loss Per Share

The following number of shares were excluded from the calculation of diluted loss per share because the effect of including such potentially dilutive shares would have been antidilutive:

 

 

Three and nine
months ended
September 30, 2021

 

Restricted Stock

 

 

4,521,997

 

RSUs

 

 

4,265,143

 

Reload Options

 

 

4,592,319

 

Staking Options

 

 

66,667

 

Restricted Common Units

 

 

6,631,926

 

RLUs

 

 

1,543,277

 

Reload Class C Incentive Units

 

 

3,911,490

 

Staking Class C Incentive Units

 

 

2,116,667

 

Conversion of non-controlling interest LLC Common Units (1)

 

 

142,727,157

 

(1) Weighted average shares outstanding from the date of the IPO to September 30, 2021.