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Unaudited Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Accounts receivable $ 100,653 $ 98,634
Property and equipment, net 48,262 48,104
Deferred tax assets 466,234 477,024
Restricted cash 0 0
Prepaid expenses and other assets 19,841 20,053
Operating lease assets 98,178 101,410
Total assets 1,330,451 1,234,608
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accrued incentive compensation 97,057 29,762
Borrowings 199,092 199,050
Operating lease liabilities 117,740 120,847
Amounts payable under tax receivable agreements 399,807 398,789
Total liabilities 887,859 819,971
Commitments and contingencies
Redeemable noncontrolling interests 161,362 135,280
Additional paid-in capital 175,273 171,416
Retained earnings 82,050 93,088
Accumulated other comprehensive income (loss) (2,738) (3,079)
Total Artisan Partners Asset Management Inc. stockholders’ equity 255,385 262,221
Noncontrolling interests - Artisan Partners Holdings 25,845 17,136
Total stockholders’ equity 281,230 279,357
Total liabilities, redeemable noncontrolling interests, and stockholders’ equity 1,330,451 1,234,608
Consolidated Entity, Excluding VIE    
ASSETS    
Cash and cash equivalents 150,628 114,832
Investment securities 123,263 85,415
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 27,581 24,414
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Cash and cash equivalents 22,504 28,416
Investment securities 277,375 255,743
Accounts receivable and other 23,513 4,977
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 28,561 26,358
Investment liabilities, at fair value 18,021 20,751
Class A Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 685 680
Class B Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 25 26
Class C Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock $ 90 $ 90