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Unaudited Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Accounts receivable $ 115,039 $ 99,888
Investment securities 36,235 3,656
Property and equipment, net 37,068 35,874
Deferred tax assets 491,530 482,061
Restricted cash 629 629
Prepaid expenses and other assets 15,562 17,762
Operating lease assets 79,198 79,304
Total assets 1,284,944 1,151,962
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 29,585 24,727
Accrued incentive compensation 98,542 12,924
Borrowings 199,330 199,284
Operating lease liabilities 92,278 92,671
Amounts payable under tax receivable agreements 428,270 412,468
Total liabilities 954,954 867,167
Commitments and contingencies
Redeemable noncontrolling interests 124,915 93,753
Additional paid-in capital 114,757 107,738
Retained earnings 68,960 72,944
Accumulated other comprehensive income (loss) (868) (991)
Total Artisan Partners Asset Management Inc. stockholders’ equity 183,641 180,477
Noncontrolling interests - Artisan Partners Holdings 21,434 10,565
Total stockholders’ equity 205,075 191,042
Total liabilities, redeemable noncontrolling interests, and stockholders’ equity 1,284,944 1,151,962
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Cash and cash equivalents 65,345 43,834
Investment securities 227,029 230,380
Accounts receivable and other 1,557 3,587
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 94,008 109,362
Investment liabilities, at fair value 12,941 15,731
Consolidated Entity, Excluding VIE    
ASSETS    
Cash and cash equivalents 215,752 154,987
Investment securities 36,235 3,656
Class A Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 648 631
Class B Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 38 45
Class C Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock $ 106 $ 110