Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Financial Position

v3.21.2
Consolidated Statements of Financial Position - USD ($)
Jun. 30, 2021
Mar. 05, 2021
Dec. 31, 2020
CURRENT ASSETS      
Cash and cash equivalents $ 307,528,000   $ 312,651,000
Commissions and fees receivable – net 206,800,000   177,699,000
Fiduciary assets 2,293,363,000   1,978,152,000
Prepaid incentives – net 7,805,000   8,842,000
Other current assets 25,556,000   16,006,000
Total current assets 2,841,052,000   2,493,350,000
NON-CURRENT ASSETS      
Goodwill 1,224,299,000   1,224,196,000
Other intangible assets 552,904,000   604,764,000
Prepaid incentives – net 28,924,000   36,199,000
Equity method investment in related party 46,911,000   47,216,000
Property and equipment – net 15,961,000   17,423,000
Lease right-of-use assets 86,565,000   93,941,000
Other non-current assets 10,531,000   12,293,000
Total non-current assets 1,966,095,000   2,036,032,000
TOTAL ASSETS 4,807,147,000   4,529,382,000
CURRENT LIABILITIES      
Accounts payable and accrued liabilities 131,948,000   115,573,000
Preferred units repurchase payable 78,256,000    
Accrued compensation 314,510,000   349,558,000
Operating lease liabilities 19,909,000   19,880,000
Short-term debt and current portion of long-term debt 22,547,000   19,158,000
Fiduciary liabilities 2,293,363,000   1,978,152,000
Total current liabilities 2,860,533,000   2,482,321,000
NON-CURRENT LIABILITIES      
Accrued compensation 73,577,000   69,121,000
Operating lease liabilities 76,046,000   83,737,000
Long-term debt 1,570,227,000   1,566,192,000
Net deferred tax liabilities 537,000   577,000
Other non-current liabilities 6,020,000   16,709,000
Total non-current liabilities 1,726,407,000   1,736,336,000
TOTAL LIABILITIES 4,586,940,000   4,218,657,000
MEZZANINE EQUITY      
Preferred units (260,000,000 par value; 260,000,000 issued and outstanding at June 30, 2021 and December 31, 2020) 240,831,000   239,635,000
MEMBERS' EQUITY      
Preferred units (74,990,000 par value; 74,990,000 issued and outstanding at June 30, 2021 and December 31, 2020)     74,270,000
Accumulated deficit (369,647,000)   (346,304,000)
Accumulated other comprehensive income 2,408,000   2,702,000
Total RSG members' equity (20,624,000)   69,790,000
Non-controlling interests     1,300,000
Total members' equity (20,624,000)   71,090,000
TOTAL LIABILITIES, MEZZANINE, MEMBERS' EQUITY AND STOCKHOLDERS' EQUITY 4,807,147,000   4,529,382,000
Common Class A [Member]      
MEMBERS' EQUITY      
Common unit, value 274,741,000   267,248,000
Total members' equity 274,741,000   267,248,000
Common Class B [Member]      
MEZZANINE EQUITY      
Preferred units (260,000,000 par value; 260,000,000 issued and outstanding at June 30, 2021 and December 31, 2020)     110,000,000.0
MEMBERS' EQUITY      
Common unit, value 71,874,000   71,874,000
Total members' equity 71,874,000   $ 71,874,000
Parent Company [Member]      
CURRENT ASSETS      
Cash and cash equivalents 590    
NON-CURRENT ASSETS      
TOTAL ASSETS 590    
NON-CURRENT LIABILITIES      
Payable due to affiliate 590    
TOTAL LIABILITIES 590    
STOCKHOLDERS' EQUITY      
Stock subscription receivable from Ryan Specialty Group, LLC (10) $ (10)  
Total Stockholders' equity    
MEMBERS' EQUITY      
TOTAL LIABILITIES, MEZZANINE, MEMBERS' EQUITY AND STOCKHOLDERS' EQUITY 590    
Parent Company [Member] | Common Class A [Member]      
STOCKHOLDERS' EQUITY      
Common Stock, Value $ 10 $ 10