| Reconciliation of the Numerator and Denominator Used in the Calculation of Basic and Diluted Earnings (Loss) per Share |
A reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per share of Class A common stock is as follows:
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Three Months Ended
September 30,
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Nine Months Ended
September 30,
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Less: Net income attributable to non-controlling
interests
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Net income attributable to Ryan Specialty
Holdings, Inc.
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Net income attributable to Class A common
shareholders
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Add (less): Income attributed to substantively
vested RSUs
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Net income attributable to Class A common
shareholders – basic
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Add: Income attributed to dilutive shares |
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Net income attributable to Class A common
shareholders – diluted
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Weighted-average shares of Class A common
stock outstanding – basic
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Weighted-average shares of Class A common
stock outstanding – diluted
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Earnings per share of Class A common stock –
basic
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Earnings per share of Class A common stock –
diluted
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| Number of Shares Excluded from Calculation of Diluted Earnings Per Share |
The following number of shares were excluded from the calculation of diluted earnings per share because the effect of including such potentially dilutive shares would have been antidilutive:
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Three Months Ended
September 30,
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Nine Months Ended
September 30,
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Conversion of non-controlling interest LLC
Common Units1
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1Weighted average units outstanding during the period.
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