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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Revenues $ 57,687 $ 41,681 $ 151,987 $ 111,082
Operating Expenses:        
Employee compensation and benefits 36,328 26,078 99,471 69,862
General and administrative expenses 13,456 10,141 39,358 29,549
Bad debts 2,306 732 4,762 1,825
Depreciation and amortization 1,809 1,188 5,043 3,320
Total operating expenses 53,899 38,139 148,634 104,556
Income from operations 3,788 3,542 3,353 6,526
Other Income (Expense):        
Other income 0 7 0 146
Interest expense (1,414) (756) (3,411) (1,903)
Income (loss) before taxes 2,374 2,793 (58) 4,769
Tax expense (benefit) (666) (2,575) (104) (2,646)
Net income 3,040 5,368 46 7,415
Less: net income (loss) attributable to non-controlling interests 1,061 1,332 (18) 2,288
Net income attributable to Goosehead Insurance, Inc. $ 1,979 $ 4,036 $ 64 $ 5,127
Earnings per share:        
Basic (in dollars per share) $ 0.09 $ 0.21 $ 0 $ 0.27
Diluted (in dollars per share) $ 0.09 $ 0.19 $ 0 $ 0.25
Weighted average shares of Class A common stock outstanding        
Basic (in shares) 20,892 19,559 20,531 18,903
Diluted (in shares) 21,569 21,206 21,430 20,570
Commissions and agency fees        
Revenues:        
Revenues $ 27,402 $ 22,420 $ 73,676 $ 61,007
Franchise revenues        
Revenues:        
Revenues 29,922 18,960 77,299 49,234
Interest income        
Revenues:        
Revenues $ 363 $ 301 $ 1,012 $ 841