Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 706,370 $ 386,962
Commissions and fees receivable – net 189,709 210,252
Fiduciary cash and receivables 2,123,702 2,390,185
Prepaid incentives – net 7,603 7,726
Other current assets 13,251 15,882
Total current assets 3,040,635 3,011,007
NON-CURRENT ASSETS    
Goodwill 1,314,266 1,309,267
Other intangible assets 549,125 573,930
Prepaid incentives – net 24,006 25,382
Equity method investment in related party 41,824 45,417
Property and equipment – net 14,649 15,290
Lease right-of-use assets 99,688 84,874
Deferred tax assets 391,777 382,753
Other non-current assets 9,667 10,788
Total non-current assets 2,445,002 2,447,701
TOTAL ASSETS 5,485,637 5,458,708
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 101,335 99,403
Accrued compensation 231,387 386,301
Operating lease liabilities 18,277 18,783
Tax receivable agreement liabilities current 7,968 0
Short-term debt and current portion of long-term debt 22,640 23,469
Fiduciary liabilities 2,123,702 2,390,185
Total current liabilities 2,505,309 2,918,141
NON-CURRENT LIABILITIES    
Accrued compensation 8,006 4,371
Operating lease liabilities 91,880 74,386
Long-term debt 1,956,631 1,566,627
Deferred tax liabilities 740 631
Tax receivable agreement liabilities Noncurrent 272,730 272,100
Other non-current liabilities 26,302 27,675
Total non-current liabilities 2,356,289 1,945,790
TOTAL LIABILITIES 4,861,598 4,863,931
STOCKHOLDERS' EQUITY    
Preferred stock $0.001 par value; 500,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2022 and December 31, 2021 0 0
Additional paid-in capital 371,433 348,865
Accumulated deficit (153) (7,064)
Accumulated other comprehensive income 354 1,714
Total stockholders equity attributable to Ryan Specialty Group Holdings, Inc. 371,893 343,774
Non-controlling interests 252,146 251,003
Total stockholders equity 624,039 594,777
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY 5,485,637 5,458,708
Common Class A [Member]    
STOCKHOLDERS' EQUITY    
Common Stock Value 110 110
Common Class B [Member]    
STOCKHOLDERS' EQUITY    
Common Stock Value 149 149
Common Class X [Member]    
STOCKHOLDERS' EQUITY    
Common Stock Value $ 0 $ 0