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EARNINGS PER SHARE (Tables)
9 Months Ended
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,
20242024
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,
20242024
Class B Voting Stock7,277,651 7,277,651 
Class C Voting Stock33,893,810 33,893,810 
41,171,461 41,171,461