Annual report pursuant to Section 13 and 15(d)

Consolidated Balance sheets

v3.22.4
Consolidated Balance sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 992,723 $ 386,962
Commissions and fees receivable – net 231,423 210,252
Fiduciary cash and receivables 2,611,647 2,390,185
Prepaid incentives – net 8,584 7,726
Other current assets 49,690 15,882
Total current assets 3,894,067 3,011,007
NON-CURRENT ASSETS    
Goodwill 1,314,984 1,309,267
Other intangible assets 486,444 573,930
Prepaid incentives – net 20,792 25,382
Equity method investment in related party 38,514 45,417
Property and equipment – net 31,271 15,290
Lease right-of-use assets 143,870 84,874
Deferred tax assets 396,814 382,753
Other non-current assets 56,987 10,788
Total non-current assets 2,489,676 2,447,701
TOTAL ASSETS 6,383,743 5,458,708
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 119,022 99,403
Accrued compensation 350,369 386,301
Operating lease liabilities 22,744 18,783
Short-term debt and current portion of long-term debt 30,587 23,469
Fiduciary liabilities 2,611,647 2,390,185
Total current liabilities 3,134,369 2,918,141
NON-CURRENT LIABILITIES    
Accrued compensation 10,048 4,371
Operating lease liabilities 151,944 74,386
Long-term debt 1,951,900 1,566,627
Deferred tax liabilities 562 631
Tax receivable agreement liabilities 295,347 272,100
Other non-current liabilities 21,761 27,675
Total non-current liabilities 2,431,562 1,945,790
TOTAL LIABILITIES 5,565,931 4,863,931
STOCKHOLDER'S EQUITY    
Preferred stock ($0.001 par value; 500,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2022 and 2021) 0 0
Additional paid-in capital 418,123 348,865
Retained Earnings (accumulated deficit) 53,988 (7,064)
Accumulated other comprehensive income 6,035 1,714
Total stockholders' equity attributable to Ryan Specialty Holdings, Inc. 478,405 343,774
Non-controlling interests 339,407 251,003
Total stockholder's equity 817,812 594,777
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 6,383,743 5,458,708
Common Class A [Member]    
STOCKHOLDER'S EQUITY    
Common Stock, Value 112 110
Common Class B [Member]    
STOCKHOLDER'S EQUITY    
Common Stock, Value 147 149
Common Class X [Member]    
STOCKHOLDER'S EQUITY    
Common Stock, Value $ 0 $ 0