Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.21.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 413,695 $ 312,651
Commissions and fees receivable – net 171,862 177,699
Fiduciary assets 1,916,585 1,978,152
Prepaid incentives – net 7,738 8,842
Other current assets 21,039 16,006
Total current assets 2,530,919 2,493,350
NON-CURRENT ASSETS    
Goodwill 1,223,957 1,224,196
Other intangible assets 527,804 604,764
Prepaid incentives – net 27,044 36,199
Equity method investment in related party 47,087 47,216
Property and equipment – net 15,034 17,423
Lease right-of-use assets 80,295 93,941
Deferred tax assets 395,805  
Other non-current assets 10,511 12,293
Total non-current assets 2,327,537 2,036,032
TOTAL ASSETS 4,858,456 4,529,382
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 78,777 115,573
Accrued compensation 335,923 349,558
Operating lease liabilities 18,811 19,880
Short-term debt and current portion of long-term debt 26,769 19,158
Fiduciary liabilities 1,916,585 1,978,152
Total current liabilities 2,376,865 2,482,321
NON-CURRENT LIABILITIES    
Accrued compensation   69,121
Operating lease liabilities 69,928 83,737
Long-term debt 1,568,410 1,566,192
Deferred tax liabilities 379 577
Tax Receivable Agreement Liabilities 282,470  
Other non-current liabilities 5,306 16,709
Total non-current liabilities 1,926,493 1,736,336
TOTAL LIABILITIES 4,303,358 4,218,657
STOCKHOLDERS'/MEMBERS' EQUITY    
Members' interest   67,088
Additional paid-in capital 327,805  
Accumulated deficit (17,115)  
Accumulated other comprehensive income 1,760 2,702
Total stockholders equity attributable to Ryan Specialty Group Holdings, Inc. /members equity 312,709 69,790
Non-controlling interests 242,389 1,300
Total stockholders/members equity 555,098 71,090
TOTAL LIABILITIES MEZZANINE AND STOCKHOLDERS/MEMBERS EQUITY 4,858,456 4,529,382
Common Class A [Member]    
STOCKHOLDERS'/MEMBERS' EQUITY    
Common Stock, Value 110  
Common Class B [Member]    
STOCKHOLDERS'/MEMBERS' EQUITY    
Common Stock, Value $ 149  
Parent Company [Member]    
MEZZANINE EQUITY    
Preferred units ($1.00 par value; 0 issued and outstanding at September 30, 2021 and 260,000,000 issued and outstanding at December 31, 2020)   $ 239,635