Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share (Tables)

v3.22.1
Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of 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:

 

 

Three Months Ended
March 31, 2022

 

Net income

 

$

18,076

 

Net income attributable to non-controlling interests

 

 

11,165

 

Net income attributable to Ryan Specialty Group Holdings, Inc.

 

$

6,911

 

Numerator:

 

 

 

Net income attributable to Class A common shareholders

 

$

6,911

 

Add: Income attributed to substantively vested RSUs

 

 

29

 

Net income attributable to Class A common shareholders- basic

 

 

6,940

 

Add: Income attributed to dilutive shares

 

 

8,275

 

Net income attributable to Class A common shareholders- diluted

 

$

15,215

 

Denominator:

 

 

 

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

 

 

106,592,836

 

Add: Dilutive shares

 

 

157,528,230

 

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

 

 

264,121,066

 

Earnings per Share:

 

 

 

Earnings per share of Class A common stock- basic

 

$

0.07

 

Earnings per share of Class A common stock- diluted

 

$

0.06

 

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 earnings per share because the effect of including such potentially dilutive shares would have been antidilutive:

 

 

Three Months Ended
March 31, 2022

 

Incentive Options

 

 

175,222

 

Class C Incentive Units

 

 

300,000