Artisan partners asset management inc. (APAM)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12
ASSETS
Cash and cash equivalents

170,749

134,621

169,558

152,622

152,217

160,463

211,431

190,358

200,831

137,286

202,636

190,258

222,182

156,777

212,609

197,789

217,916

166,193

217,671

215,464

215,109

182,284

227,975

203,576

208,371

211,839

275,927

257,404

199,103

141,159

Accounts receivable

96,712

81,868

91,313

87,208

79,256

67,691

76,820

76,819

74,758

76,693

73,672

67,757

63,399

59,739

67,138

62,824

56,392

60,058

67,568

76,725

66,411

69,361

67,546

65,033

62,219

64,110

59,398

53,843

51,481

46,022

Cash and cash equivalents of Launch Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,600

33,117

30,263

19,156

18,420

16,068

12,994

10,180

Investment securities

4,865

23,878

22,438

21,778

20,671

18,109

18,204

5,603

5,298

4,978

5,831

3,372

213

6,297

7,537

10,479

10,265

10,290

9,839

13,129

7,030

6,712

11,782

18,265

17,911

7,804

23,649

22,239

19,134

15,241

Accounts receivable of Launch Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

703

1

0

7,428

15,187

1

382

10,595

Investment securities of Launch Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,428

49,813

60,528

63,364

65,341

60,066

56,809

46,237

Property and equipment, net

38,782

39,495

40,963

41,146

32,531

29,138

25,562

20,801

20,262

21,025

20,508

20,106

20,617

20,018

22,419

19,466

17,500

17,995

15,595

15,897

15,888

16,594

14,001

11,545

9,998

8,760

8,491

8,731

8,778

8,807

Deferred tax assets

466,973

435,897

441,494

425,184

428,704

429,128

433,975

439,114

440,383

429,212

782,333

787,653

788,043

678,518

684,564

691,919

687,009

678,537

687,060

683,353

687,770

562,396

563,368

538,422

474,789

187,907

64,754

64,476

68,753

0

Restricted cash

629

629

629

629

629

629

629

629

629

629

-

-

-

629

-

-

-

889

-

-

-

925

-

-

-

1,185

-

-

-

1,185

Prepaid expenses and other assets

12,957

12,688

12,165

13,964

12,898

9,881

13,330

14,616

12,295

8,969

14,453

15,775

13,041

8,654

12,704

13,420

13,550

7,474

13,096

13,722

13,182

5,892

12,562

12,802

13,049

4,785

10,620

8,133

9,001

3,890

Operating lease assets

84,395

87,155

88,849

91,458

95,900

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

3,793

-

-

-

4,395

-

-

-

5,534

-

-

-

4,410

-

-

-

5,288

-

-

-

5,060

-

-

-

4,244

Cash and Cash Equivalents of Consolidated Investment Products

6,646

9,005

3,739

6,096

-

14,443

15,543

46,625

44,783

-

19,113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts Receivable and Other of Consolidated Investment Products

1,655

1,647

1,512

1,848

-

5,566

15,760

19,735

35,367

-

946

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment Assets, at Fair Value, of Consolidated Investment Products

89,631

106,736

93,293

86,795

-

66,173

65,048

136,425

119,577

-

41,429

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents of consolidated investment products

6,646

9,005

3,739

6,096

2,152

14,443

15,543

46,625

44,783

21,881

19,113

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable and other of consolidated investment products

1,655

1,647

1,512

1,848

3,547

5,566

15,760

19,735

35,367

16,768

946

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment assets, at fair value of consolidated investment products

89,631

106,736

93,293

86,795

77,994

66,173

65,048

136,425

119,577

115,319

41,429

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

973,994

933,619

965,953

928,728

906,510

805,014

876,302

950,725

954,183

837,155

1,160,921

1,135,414

1,107,495

936,166

1,006,971

995,897

1,002,632

945,846

1,010,829

1,018,290

1,005,390

849,452

983,965

932,574

877,128

581,398

541,787

490,961

426,435

287,560

LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY
Accounts payable, accrued expenses, and other

18,869

19,926

20,058

20,402

17,511

16,772

23,381

23,869

24,515

16,656

19,681

24,336

21,814

15,609

24,296

25,616

24,305

18,052

27,957

32,966

34,196

21,934

37,812

42,341

48,672

18,828

42,930

50,324

53,002

17,373

Accrued incentive compensation

70,046

16,159

80,589

73,666

61,323

12,689

82,456

75,978

68,490

2,911

78,291

69,000

60,020

12,642

71,257

63,896

57,070

13,748

75,823

73,760

65,311

12,973

77,930

71,132

64,580

3,580

83,832

70,065

57,938

7,254

Borrowings

199,148

199,103

199,057

199,380

199,338

199,296

199,255

199,213

199,171

199,129

198,932

199,558

199,517

199,477

199,436

199,395

199,355

199,314

200,000

200,000

200,000

200,000

200,000

200,000

200,000

200,000

200,000

200,000

200,000

290,000

Deferred lease obligations

-

-

-

-

-

10,449

-

-

-

6,363

-

-

-

3,972

-

-

-

3,478

-

-

-

3,608

-

-

-

3,515

-

-

-

3,636

Operating lease liabilities

97,793

101,154

102,846

105,429

107,487

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B liability awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

225,249

Class B redemptions payable

-

-

-

-

-

-

-

-

-

-

-

-

-

506

-

-

-

5,602

-

-

-

14,284

-

-

-

23,026

-

-

-

29,257

Amounts payable under tax receivable agreements

406,177

375,324

373,725

359,240

374,744

369,355

368,986

377,504

400,467

385,413

666,589

669,857

685,435

586,246

591,961

591,741

601,291

589,101

588,746

599,535

596,421

489,154

486,535

463,810

405,207

160,663

53,975

53,618

53,449

0

Accounts Payable, Accrued Expenses, and Other of Consolidated Investment Products

30,335

34,156

22,503

16,970

-

4,712

12,970

13,119

27,213

-

8,079

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment Liabilities, at Fair Value, of Consolidated Investment Products

3,655

6,186

5,496

8,084

-

16,905

21,685

50,811

53,755

-

17,288

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses, and other of consolidated investment products

30,335

34,156

22,503

16,970

8,130

4,712

12,970

13,119

27,213

8,180

8,079

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment liabilities, at fair value of consolidated investment products

3,655

6,186

5,496

8,084

8,480

16,905

21,685

50,811

53,755

47,857

17,288

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent value rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,080

22,020

30,640

-

Payables of Launch Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,044

109

869

7,485

14,533

64

313

10,726

Securities sold, not yet purchased of Launch Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,273

30,851

38,222

31,990

35,497

32,652

25,343

19,586

Total liabilities

826,023

752,008

804,274

783,171

777,013

630,178

708,733

740,494

773,611

666,509

988,860

980,581

966,786

818,452

886,950

880,648

882,021

829,295

892,526

906,261

895,928

741,953

837,594

808,243

757,550

449,087

445,847

428,743

420,685

603,081

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Redeemable noncontrolling interests

37,223

43,110

39,033

38,304

36,547

34,349

30,681

96,474

81,652

62,581

15,269

12,658

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redeemable preferred units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

357,194

Additional paid-in capital

86,224

89,149

83,552

76,944

69,471

97,553

90,609

82,791

89,001

147,910

136,413

128,770

126,965

119,221

114,402

111,944

110,029

116,448

111,353

101,451

99,410

93,524

78,897

83,313

65,485

6,388

-60,305

-34,826

-39,002

0

Retained earnings

21,294

44,455

36,752

29,365

21,191

38,617

38,678

28,694

4,040

-37,870

19,900

18,536

13,596

13,395

12,588

12,444

10,706

13,238

10,732

15,840

9,558

16,417

13,878

-5,173

-24,419

1,401

8,601

8,748

2,950

0

Accumulated other comprehensive income (loss)

-2,475

-1,425

-2,429

-2,006

-1,658

-1,895

-1,624

-1,477

-739

-873

-923

-1,385

-1,776

-1,648

-1,224

-1,009

-559

-375

-368

367

115

206

360

804

582

378

826

748

3,496

0

Total Artisan Partners Asset Management Inc. stockholders’ equity

105,829

132,957

118,653

105,081

89,782

135,044

128,432

110,778

93,072

109,923

156,146

146,677

139,541

131,711

126,511

124,124

120,921

130,045

122,451

118,392

109,817

110,876

93,864

79,659

55,616

43,779

24,559

50,091

5,750

0

Noncontrolling interests - Artisan Partners Holdings

4,919

5,544

3,993

2,172

3,168

5,443

8,456

2,979

5,848

-1,858

646

-4,502

1,168

-13,997

-6,490

-8,875

-310

-13,494

-4,148

-6,363

-355

-3,377

1,094

-7,298

12,263

38,060

22,464

-31,291

-81,644

-709,414

Noncontrolling interest - Launch Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-51,413

-51,970

-51,699

-50,472

-48,917

-43,418

-44,528

-36,699

Total stockholders’ equity

110,748

138,501

122,646

107,253

92,950

140,487

136,888

113,757

98,920

108,065

156,792

142,175

140,709

117,714

120,021

115,249

120,611

116,551

118,303

112,029

109,462

107,499

146,371

124,331

119,578

132,311

95,940

62,218

42,866

-672,715

Total liabilities, redeemable noncontrolling interests, and stockholders’ equity

973,994

933,619

965,953

928,728

906,510

805,014

876,302

950,725

954,183

837,155

1,160,921

1,135,414

1,107,495

936,166

1,006,971

995,897

1,002,632

945,846

1,010,829

1,018,290

1,005,390

849,452

983,965

932,574

877,128

581,398

541,787

490,961

426,435

287,560

Variable Interest Entity, Primary Beneficiary [Member]
Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

27,133

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable and other

-

-

-

-

-

-

-

-

-

-

-

207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment assets, at fair value

-

-

-

-

-

-

-

-

-

-

-

23,153

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses, and other

-

-

-

-

-

-

-

-

-

-

-

10,975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment liabilities, at fair value

-

-

-

-

-

-

-

-

-

-

-

6,855

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class A Common Stock
Common stock

606

564

563

561

556

541

540

540

535

505

500

497

492

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Common Stock
Common stock

60

78

78

79

80

86

87

88

97

119

123

124

128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class C Common Stock
Common stock

120

136

137

138

142

142

142

142

138

132

133

135

136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-