Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.22.2.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 833,135 $ 386,962
Commissions and fees receivable – net 187,223 210,252
Fiduciary cash and receivables 2,146,894 2,390,185
Prepaid incentives – net 7,782 7,726
Other current assets 24,559 15,882
Total current assets 3,199,593 3,011,007
NON-CURRENT ASSETS    
Goodwill 1,314,301 1,309,267
Other intangible assets 501,254 573,930
Prepaid incentives – net 20,234 25,382
Equity method investment in related party 38,514 45,417
Property and equipment – net 22,669 15,290
Lease right-of-use assets 135,283 84,874
Deferred tax assets 398,990 382,753
Other non-current assets 57,124 10,788
Total non-current assets 2,488,369 2,447,701
TOTAL ASSETS 5,687,962 5,458,708
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 81,975 99,403
Accrued compensation 232,728 386,301
Operating lease liabilities 19,114 18,783
Tax Receivable Agreement liabilities 7,977 0
Short-term debt and current portion of long-term debt 29,157 23,469
Fiduciary liabilities 2,146,894 2,390,185
Total current liabilities 2,517,845 2,918,141
NON-CURRENT LIABILITIES    
Accrued compensation 9,067 4,371
Operating lease liabilities 135,040 74,386
Long-term debt 1,953,461 1,566,627
Deferred tax liabilities 624 631
Tax Receivable Agreement liabilities 294,385 272,100
Other non-current liabilities 20,016 27,675
Total non-current liabilities 2,412,593 1,945,790
TOTAL LIABILITIES 4,930,438 4,863,931
STOCKHOLDERS' EQUITY    
Preferred stock ($0.001 par value; 500,000,000 shares authorized, 0 shares issued and outstanding at September 30, 2022 and December 31, 2021) 0 0
Additional paid-in capital 402,026 348,865
Retained earnings (accumulated deficit) 36,093 (7,064)
Accumulated other comprehensive income 4,367 1,714
Total stockholders' equity attributable to Ryan Specialty Holdings, Inc. 442,745 343,774
Non-controlling interests 314,779 251,003
Total stockholders' equity 757,524 594,777
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 5,687,962 5,458,708
Common Class A [Member]    
STOCKHOLDERS' EQUITY    
Common stock value 112 110
Common Class B [Member]    
STOCKHOLDERS' EQUITY    
Common stock value 147 149
Common Class X [Member]    
STOCKHOLDERS' EQUITY    
Common stock value $ 0 $ 0