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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Net Income Per Unit | The following tables set forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2024 (in thousands, except share and per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2024
Numerator: |  |  |
Net income attributable to TWFG, Inc. (basic and diluted) | $ | 1,154 |  |  | $ | 1,154 |
Denominator: |  |  |
Weighted average common stock outstanding (basic) | 14,722,685 |  |  | 14,722,685 |
Effect of potentially dilutive securities: |  |  |
RSUs | 167,697 |  |  | 167,697 |
Weighted average common stock outstanding (diluted) | 14,890,382 |  |  | 14,890,382 |
Earnings per share |  |  |
Basic | $ | 0.08 |  |  | $ | 0.08 |
Diluted | $ | 0.08 |  |  | $ | 0.08 |
Schedule of Weighted Average Number of Shares | The Company excluded the following potential shares, presented based on amounts outstanding at each period end, from the computation of diluted weighted average shares outstanding for the periods indicated because including them would have had an antidilutive effect:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2024
Class B Voting Stock | 7,277,651 |  |  | 7,277,651 |
Class C Voting Stock | 33,893,810 |  |  | 33,893,810 |
| 41,171,461 |  |  | 41,171,461 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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