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Unaudited Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Accounts receivable $ 122,494 $ 115,850
Property and equipment, net 37,620 35,313
Deferred tax assets 490,244 497,902
Restricted cash 629 629
Prepaid expenses and other assets 17,143 20,282
Operating lease assets 101,004 88,642
Total assets 1,257,226 1,208,047
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accrued incentive compensation 97,200 7,521
Borrowings 199,511 199,444
Operating lease liabilities 112,934 100,303
Amounts payable under tax receivable agreements 425,867 425,427
Total liabilities 898,213 801,051
Commitments and contingencies
Redeemable noncontrolling interests 107,139 111,035
Additional paid-in capital 146,002 141,835
Retained earnings 82,768 134,889
Accumulated other comprehensive income (loss) (1,782) (1,310)
Total Artisan Partners Asset Management Inc. stockholders’ equity 227,784 276,204
Noncontrolling interests - Artisan Partners Holdings 24,090 19,757
Total stockholders’ equity 251,874 295,961
Total liabilities, redeemable noncontrolling interests, and stockholders’ equity 1,257,226 1,208,047
Consolidated Entity, Excluding VIE    
ASSETS    
Cash and cash equivalents 187,511 189,226
Investment securities 105,675 47,878
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 29,848 28,992
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Cash and cash equivalents 15,530 10,916
Investment securities 177,090 195,001
Accounts receivable and other 2,286 6,408
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 11,545 20,185
Investment liabilities, at fair value 21,308 19,179
Class A Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 674 667
Class B Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 31 32
Class C Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock $ 91 $ 91