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Unaudited Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Accounts receivable $ 95,375 $ 98,634
Property and equipment, net 47,902 48,104
Deferred tax assets 455,369 477,024
Prepaid expenses and other assets 18,575 20,053
Operating lease assets 94,965 101,410
Total assets 1,406,230 1,234,608
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accrued incentive compensation 109,797 29,762
Borrowings 199,134 199,050
Operating lease liabilities 114,188 120,847
Amounts payable under tax receivable agreements 372,813 398,789
Total liabilities 893,205 819,971
Commitments and contingencies
Redeemable noncontrolling interests 206,288 135,280
Additional paid-in capital 181,484 171,416
Retained earnings 101,243 93,088
Accumulated other comprehensive income (loss) (2,531) (3,079)
Total Artisan Partners Asset Management Inc. stockholders’ equity 280,996 262,221
Noncontrolling interests - Artisan Partners Holdings 25,741 17,136
Total stockholders’ equity 306,737 279,357
Total liabilities, redeemable noncontrolling interests, and stockholders’ equity 1,406,230 1,234,608
Consolidated Entity, Excluding VIE    
ASSETS    
Cash and cash equivalents 165,025 114,832
Investment securities 124,416 85,415
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 27,246 24,414
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Cash and cash equivalents 32,624 28,416
Investment securities 353,983 255,743
Accounts receivable and other 17,996 4,977
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 54,358 26,358
Investment liabilities, at fair value 15,669 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