Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.22.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 866,669 $ 386,962
Commissions and fees receivable – net 244,753 210,252
Fiduciary cash and receivables 2,817,798 2,390,185
Prepaid incentives – net 7,914 7,726
Other current assets 18,306 15,882
Total current assets 3,955,440 3,011,007
NON-CURRENT ASSETS    
Goodwill 1,313,366 1,309,267
Other intangible assets 524,808 573,930
Prepaid incentives – net 22,380 25,382
Equity method investment in related party 40,522 45,417
Property and equipment – net 16,039 15,290
Lease right-of-use assets 132,003 84,874
Deferred tax assets 404,235 382,753
Other non-current assets 33,624 10,788
Total non-current assets 2,486,977 2,447,701
TOTAL ASSETS 6,442,417 5,458,708
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 79,456 99,403
Accrued compensation 394,804 386,301
Operating lease liabilities 18,355 18,783
Tax Receivable Agreement liabilities 7,977 0
Short-term debt and current portion of long-term debt 28,949 23,469
Fiduciary liabilities 2,817,798 2,390,185
Total current liabilities 3,347,339 2,918,141
NON-CURRENT LIABILITIES    
Accrued compensation 6,619 4,371
Operating lease liabilities 125,249 74,386
Long-term debt 1,955,027 1,566,627
Deferred tax liabilities 666 631
Tax Receivable Agreement liabilities 285,787 272,100
Other non-current liabilities 20,216 27,675
Total non-current liabilities 2,393,564 1,945,790
TOTAL LIABILITIES 5,740,903 4,863,931
STOCKHOLDERS' EQUITY    
Preferred stock ($0.001 par value; 500,000,000 shares authorized, 0 shares issued and outstanding at June 30, 2022 and December 31, 2021) 0 0
Additional paid-in capital 385,908 348,865
Retained earnings (accumulated deficit) 24,348 (7,064)
Accumulated other comprehensive income (loss) (1,259) 1,714
Total stockholders' equity attributable to Ryan Specialty Holdings, Inc. 409,256 343,774
Non-controlling interests 292,258 251,003
Total stockholders' equity 701,514 594,777
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 6,442,417 5,458,708
Common Class A [Member]    
STOCKHOLDERS' EQUITY    
Common Stock Value 111 110
Common Class B [Member]    
STOCKHOLDERS' EQUITY    
Common Stock Value 148 149
Common Class X [Member]    
STOCKHOLDERS' EQUITY    
Common Stock Value $ 0 $ 0