Annual report pursuant to Section 13 and 15(d)

Consolidated Balance sheets

v3.22.0.1
Consolidated Balance sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 386,962 $ 312,651
Commissions and fees receivable – net 210,252 177,699
Fiduciary cash and receivables 2,390,185 1,978,152
Prepaid incentives – net 7,726 8,842
Other current assets 15,882 16,006
Total current assets 3,011,007 2,493,350
NON-CURRENT ASSETS    
Goodwill 1,309,267 1,224,196
Other intangible assets 573,930 604,764
Prepaid incentives – net 25,382 36,199
Equity method investment in related party 45,417 47,216
Property and equipment – net 15,290 17,423
Lease right-of-use assets 84,874 93,941
Deferred tax assets 382,753 0
Other non-current assets 10,788 12,293
Total non-current assets 2,447,701 2,036,032
TOTAL ASSETS 5,458,708 4,529,382
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 99,403 115,573
Accrued compensation 386,301 349,558
Operating lease liabilities 18,783 19,880
Short-term debt and current portion of long-term debt 23,469 19,158
Fiduciary liabilities 2,390,185 1,978,152
Total current liabilities 2,918,141 2,482,321
NON-CURRENT LIABILITIES    
Accrued compensation 4,371 69,121
Operating lease liabilities 74,386 83,737
Long-term debt 1,566,627 1,566,192
Deferred tax liabilities 631 577
Tax receivable agreement liabilities 272,100 0
Other non-current liabilities 27,675 16,709
Total non-current liabilities 1,945,790 1,736,336
TOTAL LIABILITIES 4,863,931 4,218,657
STOCKHOLDERS'/MEMBERS’ EQUITY    
Members' interest   67,088
Additional paid-in capital 348,865  
Accumulated deficit (7,064)  
Accumulated other comprehensive income 1,714 2,702
Total stockholders' equity attributable to Ryan Specialty Group Holdings, Inc. /members’ equity 343,774 69,790
Non-controlling interests 251,003 1,300
Total stockholders'/members’ equity 594,777 71,090
TOTAL LIABILITIES, MEZZANINE AND STOCKHOLDERS'/MEMBERS’ EQUITY 5,458,708 4,529,382
Parent Company [Member]    
MEZZANINE EQUITY    
Preferred units ($1.00 par value; 0 issued and outstanding at December 31, 2021 and 260,000,000 issued and outstanding at December 31, 2020)   $ 239,635
Common Class A [Member]    
STOCKHOLDERS'/MEMBERS’ EQUITY    
Common Stock, Value 110  
Common Class B [Member]    
STOCKHOLDERS'/MEMBERS’ EQUITY    
Common Stock, Value $ 149