Artisan Partners Asset Management Inc(NYSE:APAM) 
Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and col...
Website: http://www.artisanpartners.com
Full Time Employees: 440
Sector: Financial Services
Industry: Asset Management
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 |
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revenues | |||||||||||||||||||||||||||||||||||||||||||||||||||||
management fees | 302,808,000 | 306,402,000 | 301,266,000 | 282,749,000 | 277,147,000 | 282,270,000 | 279,546,000 | 270,797,000 | 264,322,000 | 244,832,000 | 248,691,000 | 242,849,000 | 234,440,000 | 225,827,000 | 234,191,000 | 251,304,000 | 281,406,000 | 312,913,000 | 316,176,000 | 300,870,000 | 283,965,000 | 257,597,000 | 232,474,000 | 194,927,000 | 199,904,000 | 208,268,000 | 202,806,000 | 196,400,000 | 186,864,000 | 190,946,000 | 212,738,000 | 210,029,000 | 211,966,000 | 210,711,000 | 204,540,000 | 195,951,000 | 184,074,000 | 181,256,000 | 184,006,000 | 180,138,000 | 174,378,000 | 191,813,000 | 198,233,000 | 210,426,000 | 203,229,000 | 205,301,000 | 212,225,000 | 208,333,000 | 201,792,000 | 195,100,000 | 178,092,000 | 161,916,000 | 148,214,000 |
performance fees | 204,000 | 29,103,000 | 21,000 | 14,781,000 | 36,000 | 21,000 | 29,000 | 4,165,000 | 31,000 | 54,000 | 69,000 | 160,000 | 121,000 | 84,000 | 192,000 | 2,123,000 | 398,000 | 4,079,000 | 6,712,000 | 3,439,000 | 279,000 | 8,015,000 | 2,932,000 | 34,000 | 155,000 | 4,327,000 | 98,000 | 597,000 | 50,000 | 2,267,000 | 42,000 | 10,000 | 16,000 | 322,000 | 225,000 | 75,000 | 630,000 | 151,000 | 195,000 | 80,000 | 1,147,000 | 346,000 | 715,000 | 181,000 | 154,000 | 2,493,000 | 17,000 | 9,000 | |||||
total revenues | 303,012,000 | 335,505,000 | 301,287,000 | 282,749,000 | 277,147,000 | 297,051,000 | 279,582,000 | 270,818,000 | 264,351,000 | 248,997,000 | 248,722,000 | 242,903,000 | 234,509,000 | 225,987,000 | 234,312,000 | 251,388,000 | 281,598,000 | 315,036,000 | 316,574,000 | 304,949,000 | 290,677,000 | 261,036,000 | 232,753,000 | 202,942,000 | 202,836,000 | 208,302,000 | 202,961,000 | 200,727,000 | 186,962,000 | 191,543,000 | 212,788,000 | 212,296,000 | 212,008,000 | 210,721,000 | 204,556,000 | 196,273,000 | 184,074,000 | 181,481,000 | 184,081,000 | 180,768,000 | 174,529,000 | 192,008,000 | 198,313,000 | 211,573,000 | 203,575,000 | 206,016,000 | 212,406,000 | 208,487,000 | 201,792,000 | 197,593,000 | 178,092,000 | 161,933,000 | 148,223,000 |
yoy | 9.33% | 12.95% | 7.76% | 4.41% | 4.84% | 19.30% | 12.41% | 11.49% | 12.73% | 10.18% | 6.15% | -3.38% | -16.72% | -28.27% | -25.99% | -17.56% | -3.12% | 20.69% | 36.01% | 50.26% | 43.31% | 25.32% | 14.68% | 1.10% | 8.49% | 8.75% | -4.62% | -5.45% | -11.81% | -9.10% | 4.02% | 8.16% | 15.18% | 16.11% | 11.12% | 8.58% | 5.47% | -5.48% | -7.18% | -14.56% | -14.27% | -6.80% | -6.63% | 1.48% | 0.88% | 4.26% | 19.27% | 28.75% | 36.14% | ||||
qoq | -9.68% | 11.36% | 6.56% | 2.02% | -6.70% | 6.25% | 3.24% | 2.45% | 6.17% | 0.11% | 2.40% | 3.58% | 3.77% | -3.55% | -6.79% | -10.73% | -10.61% | -0.49% | 3.81% | 4.91% | 11.36% | 12.15% | 14.69% | 0.05% | -2.62% | 2.63% | 1.11% | 7.36% | -2.39% | -9.98% | 0.23% | 0.14% | 0.61% | 3.01% | 4.22% | 6.63% | 1.43% | -1.41% | 1.83% | 3.57% | -9.10% | -3.18% | -6.27% | 3.93% | -1.18% | -3.01% | 1.88% | 3.32% | 2.13% | 10.95% | 9.98% | 9.25% | |
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and benefits | 168,713,000 | 165,300,000 | 163,242,000 | 165,876,000 | 155,161,000 | 148,421,000 | 149,034,000 | 146,790,000 | 149,880,000 | 136,802,000 | 130,648,000 | 130,433,000 | 131,512,000 | 121,023,000 | 122,033,000 | 127,394,000 | 139,932,000 | 143,341,000 | 142,235,000 | 138,013,000 | 139,465,000 | 120,240,000 | 108,657,000 | 102,204,000 | 104,717,000 | 75,153,750 | 99,847,000 | 101,486,000 | 99,282,000 | ||||||||||||||||||||||||
distribution, servicing and marketing | 7,480,000 | 7,450,000 | 7,519,000 | 6,730,000 | 6,432,000 | 6,609,000 | 6,363,000 | 6,395,000 | 6,391,000 | 5,835,000 | 6,153,000 | 6,016,000 | 5,617,000 | 5,660,000 | 5,593,000 | 6,298,000 | 7,061,000 | 8,012,000 | 8,131,000 | 7,996,000 | 7,580,000 | 7,157,000 | 6,252,000 | 5,355,000 | 5,548,000 | 6,002,000 | 5,929,000 | 5,836,000 | 5,403,000 | 6,139,000 | 6,566,000 | 6,847,000 | 7,009,000 | 7,351,000 | 7,603,000 | 7,292,000 | |||||||||||||||||
occupancy | 7,136,000 | 7,089,000 | 7,403,000 | 7,308,000 | 7,378,000 | 7,252,000 | 8,208,000 | 7,521,000 | 7,281,000 | 7,425,000 | 7,244,000 | 7,232,000 | 7,030,000 | 8,426,000 | 7,127,000 | 6,698,000 | 6,582,000 | 5,682,000 | 5,560,000 | 5,508,000 | 5,192,000 | 5,182,000 | 6,338,000 | 5,213,000 | 5,189,000 | 5,197,000 | 5,214,000 | 5,341,000 | 7,567,000 | 5,136,000 | 5,337,000 | 4,302,000 | 3,925,000 | 3,745,000 | 3,579,000 | 3,660,000 | 3,506,000 | 3,388,000 | 3,321,000 | 3,186,000 | 3,181,000 | 3,425,000 | 3,113,000 | 2,954,000 | 3,012,000 | 2,990,000 | 2,811,000 | 2,768,000 | 2,686,000 | 2,695,000 | 2,609,000 | 2,556,000 | 2,616,000 |
communication and technology | 13,820,000 | 13,197,000 | 12,720,000 | 13,584,000 | 12,883,000 | 13,311,000 | 13,053,000 | 13,106,000 | 13,502,000 | 13,347,000 | 12,974,000 | 12,991,000 | 12,430,000 | 14,424,000 | 11,945,000 | 12,130,000 | 11,758,000 | 11,711,000 | 10,873,000 | 10,421,000 | 9,856,000 | 9,579,000 | 9,672,000 | 9,682,000 | 9,205,000 | 10,014,000 | 9,788,000 | 10,269,000 | 9,428,000 | 9,982,000 | 9,556,000 | 8,966,000 | 8,660,000 | 8,869,000 | 8,180,000 | 8,601,000 | 8,423,000 | 8,198,000 | 8,230,000 | 8,480,000 | 7,217,000 | 7,494,000 | 6,339,000 | 6,441,000 | 5,213,000 | 5,308,000 | 5,735,000 | 5,483,000 | 4,476,000 | 4,117,000 | 3,464,000 | 3,515,000 | 3,330,000 |
general and administrative | 11,416,000 | 10,964,000 | 8,584,000 | 9,479,000 | 8,758,000 | 12,297,000 | 9,744,000 | 10,361,000 | 9,654,000 | 9,160,000 | 9,548,000 | 9,529,000 | 9,613,000 | 6,482,000 | 8,888,000 | 10,460,000 | 9,274,000 | 8,469,000 | 6,717,000 | 5,208,000 | 6,775,000 | 5,386,000 | 4,589,000 | 3,861,000 | 7,217,000 | 7,931,000 | 6,635,000 | 6,937,000 | 7,550,000 | 7,588,000 | 6,751,000 | 6,560,000 | 7,204,000 | 7,508,000 | 6,039,000 | 7,452,000 | 7,151,000 | 6,336,000 | 6,170,000 | 6,538,000 | 5,949,000 | 6,437,000 | 6,003,000 | 7,771,000 | 7,018,000 | 6,185,000 | 6,389,000 | 6,057,000 | 6,812,000 | 9,734,000 | 5,655,000 | 5,529,000 | 6,469,000 |
amortization of intangible assets | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 208,805,000 | 204,000,000 | 199,468,000 | 202,977,000 | 190,612,000 | 187,890,000 | 186,402,000 | 184,173,000 | 186,708,000 | 172,569,000 | 166,567,000 | 166,201,000 | 166,202,000 | 156,015,000 | 155,586,000 | 162,980,000 | 174,607,000 | 177,215,000 | 173,516,000 | 167,146,000 | 168,868,000 | 147,544,000 | 135,508,000 | 126,315,000 | 131,876,000 | 128,985,000 | 127,413,000 | 129,869,000 | 129,230,000 | 127,302,000 | 130,951,000 | 133,419,000 | 132,022,000 | 129,475,000 | 123,926,000 | 129,770,000 | 126,042,000 | 122,894,000 | 122,172,000 | 121,755,000 | 119,804,000 | 126,320,000 | 127,758,000 | 133,260,000 | 135,746,000 | 128,106,000 | 131,390,000 | 127,662,000 | 134,640,000 | 139,227,000 | 124,732,000 | 113,549,000 | 569,537,000 |
total operating income | 94,207,000 | 131,505,000 | 101,819,000 | 79,772,000 | 86,535,000 | 109,161,000 | 93,180,000 | 86,645,000 | 77,643,000 | 76,428,000 | 82,155,000 | 76,702,000 | 68,307,000 | 69,972,000 | 78,726,000 | 88,408,000 | 106,991,000 | 137,821,000 | 143,058,000 | 137,803,000 | 121,809,000 | 113,492,000 | 97,245,000 | 76,627,000 | 70,960,000 | 79,317,000 | 75,548,000 | 70,858,000 | 57,732,000 | 64,241,000 | 81,837,000 | 78,877,000 | 79,986,000 | 81,246,000 | 80,630,000 | 66,503,000 | 58,032,000 | 58,587,000 | 61,909,000 | 59,013,000 | 54,725,000 | 65,688,000 | 70,555,000 | 78,313,000 | 67,829,000 | 77,910,000 | 81,016,000 | 80,825,000 | 67,152,000 | 58,366,000 | 53,360,000 | 48,384,000 | -421,314,000 |
non-operating income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -2,097,000 | -2,099,000 | -2,218,000 | -2,179,000 | -2,054,000 | -2,156,000 | -2,199,000 | -2,194,000 | -2,061,000 | -2,051,000 | -2,297,000 | -2,167,000 | -2,056,000 | -2,059,000 | -2,428,000 | -2,739,000 | -2,686,000 | -2,687,000 | -2,711,000 | -2,720,000 | -2,685,000 | -2,686,000 | -2,718,000 | -2,715,000 | -2,685,000 | -2,692,000 | -2,760,000 | -2,827,000 | -2,775,000 | -2,778,000 | -2,823,000 | -2,846,000 | -2,776,000 | -2,778,000 | -2,870,000 | -2,920,000 | -2,881,000 | -2,890,000 | -2,924,000 | -2,934,000 | -2,905,000 | -2,878,000 | -2,971,000 | -2,978,000 | -2,879,000 | -2,882,000 | -2,905,000 | -2,902,000 | -2,883,000 | -2,883,000 | -2,885,000 | -2,891,000 | -3,210,000 |
interest income on cash and cash equivalents and other | 1,920,000 | 2,815,000 | 2,628,000 | 1,976,000 | 1,943,000 | 2,993,000 | 2,769,000 | 2,072,000 | 1,778,000 | ||||||||||||||||||||||||||||||||||||||||||||
net investment gain of consolidated investment products | -2,561,000 | 8,920,000 | 8,738,000 | 22,667,000 | 7,101,000 | 6,325,000 | 23,165,000 | 3,287,000 | 19,184,000 | 24,513,000 | 9,787,000 | 13,462,000 | 14,940,000 | 7,615,000 | -3,936,000 | -11,857,000 | 1,188,000 | 1,680,000 | 2,824,000 | 8,328,000 | 6,916,000 | 18,396,000 | 7,798,000 | 12,877,000 | -12,924,000 | 5,076,000 | 619,000 | 2,043,000 | 2,346,000 | -3,743,000 | 238,000 | 2,941,000 | 6,285,000 | 2,674,000 | 1,549,000 | 18,000 | |||||||||||||||||
net investment gain of nonconsolidated investment products | -5,088,000 | 6,354,000 | 11,922,000 | 18,613,000 | 3,817,000 | -3,215,000 | 12,378,000 | 176,000 | 12,125,000 | ||||||||||||||||||||||||||||||||||||||||||||
total non-operating income | -7,826,000 | 15,990,000 | 21,627,000 | 41,077,000 | 10,807,000 | 3,947,000 | 35,609,000 | 3,341,000 | 31,026,000 | 36,597,000 | 5,843,000 | 15,519,000 | 22,141,000 | 13,012,000 | -11,496,000 | -28,010,000 | -5,768,000 | -1,273,000 | -1,638,000 | 9,543,000 | 4,427,000 | 11,608,000 | 5,896,000 | 11,336,000 | -17,866,000 | 4,375,000 | -20,691,000 | 599,000 | 1,528,000 | -6,923,000 | -948,000 | 755,000 | 3,963,000 | 290,933,000 | -642,000 | -2,729,000 | -2,728,000 | -2,545,000 | -1,412,000 | -2,903,000 | -2,890,000 | -2,872,000 | -8,777,000 | -2,558,000 | -9,301,000 | -4,759,000 | -2,556,000 | -8,252,000 | -3,757,000 | 13,020,000 | 9,554,000 | 4,519,000 | 26,369,000 |
income before income taxes | 86,381,000 | 147,495,000 | 123,446,000 | 120,849,000 | 97,342,000 | 113,108,000 | 128,789,000 | 89,986,000 | 108,669,000 | 113,025,000 | 87,998,000 | 92,221,000 | 90,448,000 | 82,984,000 | 67,230,000 | 60,398,000 | 101,223,000 | 136,548,000 | 141,420,000 | 147,346,000 | 126,236,000 | 125,100,000 | 103,141,000 | 87,963,000 | 53,094,000 | 83,692,000 | 54,857,000 | 71,457,000 | 59,260,000 | 57,318,000 | 80,889,000 | 79,632,000 | 83,949,000 | 372,179,000 | 79,988,000 | 63,774,000 | 55,304,000 | 56,042,000 | 60,497,000 | 56,110,000 | 51,835,000 | 62,816,000 | 61,778,000 | 75,755,000 | 58,528,000 | 73,151,000 | 78,460,000 | 72,573,000 | 63,395,000 | 71,386,000 | 62,914,000 | 52,903,000 | -394,945,000 |
provision for income taxes | 18,763,000 | 29,412,000 | 36,973,000 | 24,861,000 | 20,007,000 | 25,594,000 | 24,604,000 | 18,738,000 | 21,965,000 | 20,225,000 | 14,570,000 | 18,446,000 | 18,647,000 | 16,689,000 | 14,750,000 | 13,225,000 | 18,786,000 | 28,889,000 | 28,054,000 | 28,465,000 | 21,618,000 | 16,640,000 | 18,448,000 | 16,256,000 | 9,451,000 | 14,238,000 | -7,355,000 | 11,484,000 | 9,442,000 | 9,154,000 | 14,172,000 | 11,987,000 | 12,285,000 | 371,339,000 | 21,479,000 | 14,941,000 | 12,222,000 | 15,110,000 | 11,517,000 | 13,562,000 | 11,630,000 | 16,497,000 | 5,082,000 | 13,636,000 | 15,335,000 | 8,650,000 | 11,208,000 | 9,244,000 | 6,824,000 | ||||
net income before noncontrolling interests | 67,618,000 | 118,083,000 | 86,473,000 | 95,988,000 | 77,335,000 | 87,514,000 | 104,185,000 | 71,248,000 | 86,704,000 | 92,800,000 | 73,428,000 | 73,775,000 | 71,801,000 | 66,295,000 | 52,480,000 | 47,173,000 | 82,437,000 | 107,659,000 | 113,366,000 | 118,881,000 | 104,618,000 | 108,460,000 | 84,693,000 | 71,707,000 | 43,643,000 | 69,454,000 | 62,212,000 | 59,973,000 | 49,818,000 | 48,164,000 | 66,717,000 | 67,645,000 | 71,664,000 | 840,000 | 58,509,000 | 48,833,000 | 42,555,000 | 43,820,000 | 45,387,000 | 43,476,000 | 40,318,000 | 49,254,000 | 50,148,000 | 59,258,000 | 53,446,000 | 59,515,000 | 63,125,000 | 63,923,000 | 52,187,000 | 62,142,000 | 56,090,000 | 47,030,000 | -399,394,000 |
less: net income attributable to noncontrolling interests - artisan partners holdings | 11,125,000 | 17,952,000 | 14,948,000 | 13,433,000 | 11,909,000 | 13,981,000 | 14,584,000 | 11,419,000 | 12,935,000 | 14,029,000 | 11,319,000 | 12,137,000 | 12,037,000 | 11,973,000 | 10,999,000 | 10,536,000 | 15,615,000 | 22,815,000 | 24,796,000 | 25,627,000 | 23,641,000 | 25,288,000 | 21,547,000 | 18,132,000 | 16,112,000 | 22,395,000 | 20,556,000 | 19,795,000 | 17,309,000 | 17,674,000 | 24,021,000 | 23,307,000 | 26,052,000 | 26,847,000 | 27,234,000 | 22,197,000 | 22,760,000 | 24,521,000 | 26,301,000 | 25,092,000 | 24,057,000 | 29,177,000 | 31,674,000 | 35,522,000 | 33,932,000 | 40,146,000 | 43,243,000 | 45,547,000 | 44,149,000 | 50,505,000 | 44,614,000 | 42,442,000 | -407,123,000 |
less: net income attributable to noncontrolling interests - consolidated investment products | -1,548,000 | 5,335,000 | 4,695,000 | 15,000,000 | 4,287,000 | 3,830,000 | 16,611,000 | 2,255,000 | 14,288,000 | 14,015,000 | 8,954,000 | 8,013,000 | 9,011,000 | 1,514,000 | -2,754,000 | -7,642,000 | 1,389,000 | 226,000 | 2,157,000 | 5,047,000 | 3,699,000 | 10,058,000 | 4,619,000 | 7,424,000 | -7,294,000 | 2,506,000 | 400,000 | 990,000 | 970,000 | -2,021,000 | 178,000 | 2,332,000 | 4,338,000 | 1,486,000 | 610,000 | 4,000 | |||||||||||||||||
net income attributable to artisan partners asset management inc. | 58,041,000 | 94,796,000 | 66,830,000 | 67,555,000 | 61,139,000 | 69,703,000 | 72,990,000 | 57,574,000 | 59,481,000 | 64,756,000 | 53,155,000 | 53,625,000 | 50,753,000 | 52,808,000 | 44,235,000 | 44,279,000 | 65,433,000 | 84,618,000 | 86,413,000 | 88,207,000 | 77,278,000 | 73,114,000 | 58,527,000 | 46,151,000 | 34,825,000 | 44,553,000 | 41,256,000 | 39,188,000 | 31,539,000 | 32,511,000 | 42,518,000 | 42,006,000 | 41,274,000 | -27,493,000 | 30,665,000 | 26,632,000 | 19,795,000 | 19,299,000 | 19,086,000 | 18,384,000 | 16,261,000 | 20,077,000 | 18,474,000 | 23,736,000 | 19,514,000 | 21,294,000 | 20,439,000 | 19,260,000 | 8,636,000 | 10,082,000 | 5,977,000 | 5,798,000 | 2,950,000 |
basic earnings per share | 0.76 | 1.32 | 0.93 | 0.94 | 0.82 | 0.98 | 1.03 | 0.8 | 0.84 | 0.92 | 0.76 | 0.76 | 0.72 | 0.77 | 0.65 | 0.62 | 0.9 | 1.26 | 1.3 | 1.33 | 1.19 | 1.18 | 0.93 | ||||||||||||||||||||||||||||||
diluted earnings per share | 0.76 | 1.32 | 0.93 | 0.94 | 0.82 | 0.98 | 1.03 | 0.8 | 0.84 | 0.92 | 0.76 | 0.76 | 0.72 | 0.77 | 0.65 | 0.62 | 0.9 | 1.25 | 1.3 | 1.33 | 1.19 | 1.18 | 0.93 | ||||||||||||||||||||||||||||||
basic weighted-average number of common shares outstanding | 66,125,995 | 65,603,942 | 65,666,782 | 65,645,108 | 65,373,285 | 64,900,228 | 65,123,054 | 64,960,740 | 64,319,977 | 63,451,932 | 63,520,402 | 63,503,389 | 63,231,797 | 62,475,960 | 62,623,434 | 62,320,372 | 62,039,038 | 59,866,790 | 59,965,549 | 59,821,804 | 58,758,284 | 55,633,529 | 56,402,503 | ||||||||||||||||||||||||||||||
diluted weighted-average number of common shares outstanding | 66,125,995 | 65,603,942 | 65,666,782 | 65,645,108 | 65,373,285 | 64,939,183 | 65,162,898 | 64,998,499 | 64,355,247 | 63,486,479 | 63,563,044 | 63,520,040 | 63,247,163 | 62,498,509 | 62,632,660 | 62,350,383 | 62,070,360 | 59,881,039 | 59,982,774 | 59,838,374 | 58,773,269 | 55,637,922 | 56,408,272 | ||||||||||||||||||||||||||||||
dividends declared per class a common share | 1.58 | 0.88 | 0.73 | 0.68 | 1.34 | 0.82 | 0.71 | 0.61 | 1.02 | 0.65 | 0.61 | 0.5 | 0.9 | 0.56 | 0.6 | 0.76 | 1.75 | 1.07 | 1 | 0.88 | 1.28 | 0.83 | 0.67 | 0.61 | 1.28 | 0.65 | 0.6 | 0.55 | 1.59 | 0.6 | 0.6 | 0.6 | 1.39 | 0.6 | 0.6 | 0.6 | 0.96 | 0.6 | 0.6 | 0.6 | 1 | 0.6 | 0.6 | 0.6 | 1.55 | 0.55 | 0.55 | 0.55 | 2.18 | ||||
net gain on the tax receivable agreements | 557,000 | -504,000 | 505,000 | 431,000 | 482,000 | 358,000 | -4,912,000 | 238,000 | -19,557,000 | 251,000 | 290,418,000 | 501,000 | 650,000 | -3,061,750 | -5,820,000 | -6,427,000 | -1,046,750 | 284,000 | -4,471,000 | ||||||||||||||||||||||||||||||||||
other net investment gain | 2,832,250 | -2,152,000 | 4,224,000 | 9,257,000 | 7,456,000 | -5,563,000 | -13,414,000 | -4,752,000 | -266,000 | -2,109,000 | 3,935,000 | 196,000 | -126,250 | 578,000 | 1,174,000 | -2,257,000 | |||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share | 0.72 | 0.53 | 0.78 | 0.71 | 0.66 | 0.47 | 0.57 | 0.77 | 0.72 | 0.75 | -0.73 | 0.61 | 0.45 | 0.37 | 0.42 | 0.41 | 0.38 | 0.35 | 0.48 | 0.44 | 0.5 | 0.43 | |||||||||||||||||||||||||||||||
basic and diluted weighted-average number of common shares outstanding | 55,884,366 | 53,265,479 | 51,127,929 | 51,448,938 | 51,242,911 | 50,145,684 | 48,862,435 | 49,399,553 | 49,041,113 | 47,360,438 | 44,647,318 | 45,890,291 | 45,241,102 | 41,019,598 | 38,137,810 | 38,646,194 | 38,023,586 | 36,970,950 | 35,448,550 | 36,430,820 | 35,992,493 | 32,633,481 | 27,514,394 | ||||||||||||||||||||||||||||||
other investment gain | 1,991,000 | 1,007,000 | 1,383,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income | 1,957,000 | -402,000 | 1,386,000 | 304,000 | 321,000 | 227,000 | 862,000 | -18,000 | 8,000 | 416,000 | |||||||||||||||||||||||||||||||||||||||||||
salaries, incentive compensation and benefits | 98,457,000 | 102,741,000 | 106,744,000 | 105,224,000 | 102,002,000 | 98,525,000 | 96,426,000 | 93,249,000 | 90,759,000 | 89,585,000 | 88,011,000 | 87,480,000 | 88,873,000 | 91,159,000 | 93,708,000 | 98,427,000 | 88,409,000 | 90,743,000 | 85,295,000 | 85,855,000 | 87,762,000 | 79,470,000 | 69,251,000 | 72,680,000 | |||||||||||||||||||||||||||||
pre-offering related compensation - share-based awards | 6,339,000 | 6,339,000 | 6,339,000 | 6,786,000 | 7,136,000 | 7,819,000 | 10,475,000 | 10,532,000 | 10,650,000 | 10,414,000 | 12,430,000 | 12,431,000 | 16,166,000 | 23,637,000 | 23,637,000 | 23,441,000 | 23,851,000 | 333,231,000 | |||||||||||||||||||||||||||||||||||
total compensation and benefits | 98,457,000 | 102,741,000 | 106,744,000 | 105,224,000 | 102,002,000 | 98,525,000 | 102,765,000 | 99,588,000 | 97,098,000 | 96,371,000 | 95,147,000 | 95,299,000 | 99,348,000 | 101,691,000 | 104,358,000 | 108,841,000 | 100,839,000 | 103,174,000 | 101,461,000 | 109,492,000 | 111,399,000 | 102,911,000 | 93,102,000 | 548,946,000 | |||||||||||||||||||||||||||||
other non-operating income | 356,000 | 133,000 | 49,000 | 15,000 | 6,000 | 6,000 | 4,000 | 5,000 | -633,000 | 622,000 | 5,000 | ||||||||||||||||||||||||||||||||||||||||||
net investment income and other | 619,000 | 178,000 | 173,000 | 153,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
distribution and marketing | 7,374,000 | 7,874,000 | 8,080,000 | 8,404,000 | 8,158,000 | 9,616,000 | 10,612,000 | 11,736,000 | 11,662,000 | 12,784,000 | 13,281,000 | 11,893,000 | 11,174,000 | 11,282,000 | 10,093,000 | 8,847,000 | 8,176,000 | ||||||||||||||||||||||||||||||||||||
benefit from income taxes | 12,749,000 | 12,634,000 | 5,873,000 | 4,449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net gain of launch equity | -509,750 | -557,000 | -884,000 | -598,000 | 4,779,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests - launch equity | -1,925,000 | -557,000 | -884,000 | -598,000 | 1,555,000 | 5,499,000 | -1,210,000 | 4,779,000 | |||||||||||||||||||||||||||||||||||||||||||||
pre-offering related compensation - other | 143,035,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on the valuation of contingent value rights | 9,210,000 | 6,940,000 | 8,620,000 | 24,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.255 | 0.57 | 0.42 | -2.29 | 0.243 | 0.42 | 0.38 | 0.19 | |||||||||||||||||||||||||||||||||||||||||||||
diluted | -0.255 | 0.57 | 0.42 | -2.29 | 0.225 | 0.35 | 0.38 | 0.19 | |||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 30,370,892 | 27,836,427 | 20,214,242 | 12,728,949 | 12,728,949 | 12,728,949 | |||||||||||||||||||||||||||||||||||||||||||||||
diluted | 30,370,892 | 27,836,427 | 20,214,242 | 15,294,412 | 15,294,412 | 15,294,412 | |||||||||||||||||||||||||||||||||||||||||||||||
other non-operating expense | -276,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains of launch equity | 1,555,000 | 5,499,000 | -1,210,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
loss on interest rate swap | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on interest rate swap |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 271,058,000 | 214,446,000 | 300,158,000 | 244,929,000 | 212,890,000 | 201,172,000 | 253,949,000 | 195,416,000 | 184,234,000 | 141,008,000 | 198,308,000 | 165,025,000 | 150,628,000 | 114,832,000 | 168,123,000 | 150,654,000 | 187,511,000 | 189,226,000 | 273,253,000 | 228,738,000 | 215,752,000 | 154,987,000 | 200,433,000 | 190,855,000 | 170,749,000 | 134,621,000 | 169,558,000 | 152,622,000 | 152,217,000 | 160,463,000 | 211,431,000 | 190,358,000 | 200,831,000 | 137,286,000 | 202,636,000 | 190,258,000 | 222,182,000 | 156,777,000 | 212,609,000 | 197,789,000 | 217,916,000 | 166,193,000 | 217,671,000 | 215,464,000 | 215,109,000 | 182,284,000 | 227,975,000 | 203,576,000 | 208,371,000 | 211,839,000 | 275,927,000 | 257,404,000 | 199,103,000 |
accounts receivable | 140,234,000 | 154,536,000 | 113,967,000 | 117,003,000 | 149,457,000 | 118,667,000 | 109,976,000 | 110,953,000 | 113,382,000 | 101,169,000 | 96,062,000 | 95,375,000 | 100,653,000 | 98,634,000 | 103,434,000 | 126,194,000 | 122,494,000 | 115,850,000 | 122,148,000 | 121,654,000 | 115,039,000 | 99,888,000 | 98,420,000 | 94,106,000 | 96,712,000 | 81,868,000 | 91,313,000 | 87,208,000 | 79,256,000 | 67,691,000 | 76,820,000 | 76,819,000 | 74,758,000 | 76,693,000 | 73,672,000 | 67,757,000 | 63,399,000 | 59,739,000 | 67,138,000 | 62,824,000 | 56,392,000 | 60,058,000 | 67,568,000 | 76,725,000 | 66,411,000 | 69,361,000 | 67,546,000 | 65,033,000 | 62,219,000 | 64,110,000 | 59,398,000 | 53,843,000 | 51,481,000 |
investment securities | 262,784,000 | 228,044,000 | 257,409,000 | 248,123,000 | 247,484,000 | 208,792,000 | 211,940,000 | 201,217,000 | 206,686,000 | 150,522,000 | 139,630,000 | 124,416,000 | 123,263,000 | 85,415,000 | 78,240,000 | 83,191,000 | 105,675,000 | 47,878,000 | 47,792,000 | 49,890,000 | 36,235,000 | 3,656,000 | 6,737,000 | 5,297,000 | 4,865,000 | 23,878,000 | 22,438,000 | 21,778,000 | 20,671,000 | 18,109,000 | 18,204,000 | 5,603,000 | 5,298,000 | 4,978,000 | 5,831,000 | 3,372,000 | 213,000 | 6,297,000 | 7,537,000 | 10,479,000 | 10,265,000 | 10,290,000 | 9,839,000 | 13,129,000 | 7,030,000 | 6,712,000 | 11,782,000 | 18,265,000 | 17,911,000 | 7,804,000 | 23,649,000 | 22,239,000 | 19,134,000 |
property and equipment | 31,624,000 | 33,020,000 | 34,782,000 | 37,071,000 | 39,308,000 | 41,472,000 | 43,483,000 | 45,402,000 | 45,857,000 | 46,638,000 | 46,896,000 | 47,902,000 | 48,262,000 | 48,104,000 | 47,398,000 | 42,940,000 | 37,620,000 | 35,313,000 | 36,094,000 | 37,367,000 | 37,068,000 | 35,874,000 | 36,234,000 | 37,564,000 | 38,782,000 | 39,495,000 | 40,963,000 | 41,146,000 | 32,531,000 | 29,138,000 | 25,562,000 | 20,801,000 | 20,262,000 | 21,025,000 | 20,508,000 | 20,106,000 | 20,617,000 | 20,018,000 | 22,419,000 | 19,466,000 | 17,500,000 | 17,995,000 | 15,595,000 | 15,897,000 | 15,888,000 | 16,594,000 | 14,001,000 | 11,545,000 | 9,998,000 | 8,760,000 | 8,491,000 | 8,731,000 | 8,778,000 |
deferred tax assets | 346,360,000 | 354,702,000 | 363,546,000 | 385,961,000 | 399,285,000 | 409,386,000 | 419,465,000 | 428,501,000 | 438,321,000 | 436,529,000 | 446,491,000 | 455,369,000 | 466,234,000 | 477,024,000 | 484,756,000 | 484,986,000 | 490,244,000 | 497,902,000 | 482,208,000 | 483,688,000 | 491,530,000 | 482,061,000 | 458,698,000 | 465,648,000 | 466,973,000 | 435,897,000 | 441,494,000 | 425,184,000 | 428,704,000 | 429,128,000 | 433,975,000 | 439,114,000 | 440,383,000 | 429,212,000 | 782,333,000 | 787,653,000 | 788,043,000 | 678,518,000 | 684,564,000 | 691,919,000 | 687,009,000 | 678,537,000 | 687,060,000 | 683,353,000 | 687,770,000 | 562,396,000 | 563,368,000 | 538,422,000 | 474,789,000 | 187,907,000 | 64,754,000 | 64,476,000 | 68,753,000 |
prepaid expenses and other assets | 24,136,000 | 18,632,000 | 18,756,000 | 20,284,000 | 19,053,000 | 18,745,000 | 20,043,000 | 18,986,000 | 18,575,000 | 19,841,000 | 19,493,000 | 24,197,000 | 17,143,000 | 21,143,000 | 18,564,000 | 15,562,000 | 14,954,000 | 11,028,000 | 12,957,000 | 12,165,000 | 13,964,000 | 12,898,000 | 13,330,000 | 14,616,000 | 12,295,000 | 14,453,000 | 15,775,000 | 13,041,000 | 12,704,000 | 13,420,000 | 13,550,000 | 13,096,000 | 13,722,000 | 13,182,000 | 12,562,000 | 12,802,000 | 13,049,000 | 10,620,000 | 8,133,000 | 9,001,000 | |||||||||||||
operating lease assets | 105,147,000 | 105,278,000 | 108,699,000 | 78,716,000 | 82,020,000 | 83,364,000 | 87,201,000 | 91,229,000 | 91,417,000 | 94,747,000 | 91,662,000 | 94,965,000 | 98,178,000 | 101,410,000 | 104,774,000 | 104,110,000 | 101,004,000 | 88,642,000 | 73,091,000 | 75,869,000 | 79,198,000 | 79,304,000 | 81,902,000 | 81,783,000 | 84,395,000 | 87,155,000 | 88,849,000 | 91,458,000 | 95,911,000 | ||||||||||||||||||||||||
goodwill | 40,339,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other intangible assets | 7,985,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable and other | 16,223,000 | 10,679,000 | 13,105,000 | 9,605,000 | 6,336,000 | 8,986,000 | 25,931,000 | 13,587,000 | 10,000,000 | 13,343,000 | 10,993,000 | 17,996,000 | 23,513,000 | 4,977,000 | 52,865,000 | 24,858,000 | 2,286,000 | 6,408,000 | 10,151,000 | 2,933,000 | 1,557,000 | 3,587,000 | 2,659,000 | 2,797,000 | 1,655,000 | 1,647,000 | 1,512,000 | 1,848,000 | 3,547,000 | 5,566,000 | 15,760,000 | 19,735,000 | 35,367,000 | 16,768,000 | 946,000 | 207,000 | |||||||||||||||||
investment assets, at fair value | 165,918,000 | 410,236,000 | 329,296,000 | 237,846,000 | 167,164,000 | 462,140,000 | 413,752,000 | 362,701,000 | 361,708,000 | 364,095,000 | 336,429,000 | 353,983,000 | 277,375,000 | 255,743,000 | 264,302,000 | 238,779,000 | 177,090,000 | 195,001,000 | 175,918,000 | 188,027,000 | 227,029,000 | 230,380,000 | 151,993,000 | 107,396,000 | 89,631,000 | 106,736,000 | 93,293,000 | 86,795,000 | 77,994,000 | 66,173,000 | 65,048,000 | 136,425,000 | 119,577,000 | 115,319,000 | 41,429,000 | 23,153,000 | |||||||||||||||||
total assets | 1,441,195,000 | 1,577,292,000 | 1,581,619,000 | 1,444,685,000 | 1,370,310,000 | 1,618,756,000 | 1,610,601,000 | 1,505,282,000 | 1,516,001,000 | 1,405,858,000 | 1,417,678,000 | 1,406,230,000 | 1,330,451,000 | 1,234,608,000 | 1,342,884,000 | 1,293,174,000 | 1,257,226,000 | 1,208,047,000 | 1,259,009,000 | 1,219,814,000 | 1,284,944,000 | 1,151,962,000 | 1,082,539,000 | 1,001,903,000 | 973,994,000 | 933,619,000 | 965,953,000 | 928,728,000 | 906,510,000 | 805,014,000 | 876,302,000 | 950,725,000 | 954,183,000 | 837,155,000 | 1,160,921,000 | 1,135,414,000 | 1,107,495,000 | 936,166,000 | 1,006,971,000 | 995,897,000 | 1,002,632,000 | 946,532,000 | 1,010,829,000 | 1,018,290,000 | 1,005,390,000 | 849,452,000 | 983,965,000 | 932,574,000 | 877,128,000 | 581,398,000 | 541,787,000 | 490,961,000 | 426,435,000 |
liabilities, redeemable noncontrolling interests, and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other | 43,982,000 | 32,452,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accrued short-term incentive compensation | 99,154,000 | 28,854,000 | 120,066,000 | 104,601,000 | 91,684,000 | 20,547,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accrued long-term incentive compensation | 115,062,000 | 105,423,000 | 92,472,000 | 72,467,000 | 68,279,000 | 58,952,000 | |||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration | 25,850,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities | 120,170,000 | 120,881,000 | 124,890,000 | 95,666,000 | 99,439,000 | 101,277,000 | 105,690,000 | 109,169,000 | 109,809,000 | 113,391,000 | 110,524,000 | 114,188,000 | 117,740,000 | 120,847,000 | 123,476,000 | 118,550,000 | 112,934,000 | 100,303,000 | 85,375,000 | 88,822,000 | 92,278,000 | 92,671,000 | 95,544,000 | 94,944,000 | 97,793,000 | 101,154,000 | 102,846,000 | 105,429,000 | 107,487,000 | ||||||||||||||||||||||||
borrowings | 189,188,000 | 189,140,000 | 189,146,000 | 199,512,000 | 199,471,000 | 199,430,000 | 199,389,000 | 199,349,000 | 199,308,000 | 199,267,000 | 199,226,000 | 199,134,000 | 199,092,000 | 199,050,000 | 199,007,000 | 199,557,000 | 199,511,000 | 199,444,000 | 199,421,000 | 199,375,000 | 199,330,000 | 199,284,000 | 199,239,000 | 199,194,000 | 199,148,000 | 199,103,000 | 199,057,000 | 199,380,000 | 199,338,000 | 199,296,000 | 199,255,000 | 199,213,000 | 199,171,000 | 199,129,000 | 198,932,000 | 199,558,000 | 199,517,000 | 199,477,000 | 199,436,000 | 199,395,000 | 199,355,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 |
amounts payable under tax receivable agreements | 305,228,000 | 303,368,000 | 303,145,000 | 312,791,000 | 341,988,000 | 341,461,000 | 341,400,000 | 347,701,000 | 375,599,000 | 364,048,000 | 363,860,000 | 372,813,000 | 399,807,000 | 398,789,000 | 398,247,000 | 400,975,000 | 425,867,000 | 425,427,000 | 404,424,000 | 406,365,000 | 428,270,000 | 412,468,000 | 385,984,000 | 392,116,000 | 406,177,000 | 375,324,000 | 373,725,000 | 359,240,000 | 374,744,000 | 369,355,000 | 368,986,000 | 377,504,000 | 400,467,000 | 385,413,000 | 666,589,000 | 669,857,000 | 685,435,000 | 586,246,000 | 591,961,000 | 591,741,000 | 601,291,000 | 589,101,000 | 588,746,000 | 599,535,000 | 596,421,000 | 489,154,000 | 486,535,000 | 463,810,000 | 405,207,000 | 160,663,000 | 53,975,000 | 53,618,000 | 53,449,000 |
liabilities of consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
investment liabilities, at fair value | 5,894,000 | 813,000 | 898,000 | 3,379,000 | 902,000 | 7,780,000 | 8,860,000 | 15,443,000 | 7,125,000 | 9,580,000 | 13,314,000 | 15,669,000 | 18,021,000 | 20,751,000 | 21,051,000 | 15,352,000 | 21,308,000 | 19,179,000 | 13,163,000 | 10,107,000 | 12,941,000 | 15,731,000 | 13,843,000 | 12,676,000 | 3,655,000 | 6,186,000 | 5,496,000 | 8,084,000 | 8,480,000 | 16,905,000 | 21,685,000 | 50,811,000 | 53,755,000 | 47,857,000 | 17,288,000 | 6,855,000 | |||||||||||||||||
total liabilities | 927,610,000 | 794,873,000 | 884,552,000 | 840,407,000 | 868,069,000 | 868,837,000 | 906,586,000 | 857,158,000 | 898,972,000 | 802,101,000 | 874,628,000 | 893,205,000 | 887,859,000 | 819,971,000 | 958,890,000 | 922,802,000 | 898,213,000 | 801,051,000 | 890,665,000 | 888,892,000 | 954,954,000 | 867,167,000 | 868,617,000 | 830,070,000 | 826,023,000 | 752,008,000 | 804,274,000 | 783,171,000 | 777,013,000 | 630,178,000 | 708,733,000 | 740,494,000 | 773,611,000 | 666,509,000 | 988,860,000 | 980,581,000 | 966,786,000 | 818,452,000 | 886,950,000 | 880,648,000 | 882,021,000 | 829,981,000 | 892,526,000 | 906,261,000 | 895,928,000 | 741,953,000 | 837,594,000 | 808,243,000 | 757,550,000 | 449,087,000 | 445,847,000 | 428,743,000 | 420,685,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 80,458,000 | 304,263,000 | 256,194,000 | 185,201,000 | 107,596,000 | 327,917,000 | 298,987,000 | 276,420,000 | 263,243,000 | 252,406,000 | 219,726,000 | 206,288,000 | 161,362,000 | 135,280,000 | 128,881,000 | 127,078,000 | 107,139,000 | 111,035,000 | 97,391,000 | 90,458,000 | 124,915,000 | 93,753,000 | 60,186,000 | 46,027,000 | 37,223,000 | 43,110,000 | 39,033,000 | 38,304,000 | 36,547,000 | 34,349,000 | 30,681,000 | 96,474,000 | 81,652,000 | 62,581,000 | 15,269,000 | 12,658,000 | |||||||||||||||||
common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock | 710,000 | 705,000 | 705,000 | 705,000 | 704,000 | 701,000 | 701,000 | 699,000 | 699,000 | 685,000 | 685,000 | 685,000 | 685,000 | 680,000 | 679,000 | 674,000 | 674,000 | 667,000 | 652,000 | 648,000 | 648,000 | 631,000 | 614,000 | 614,000 | 606,000 | 564,000 | 563,000 | 561,000 | 556,000 | 541,000 | 540,000 | 540,000 | 535,000 | 505,000 | 500,000 | 497,000 | 492,000 | 421,000 | 421,000 | 420,000 | 413,000 | 394,000 | 394,000 | 393,000 | 391,000 | 342,000 | 341,000 | 311,000 | 291,000 | 198,000 | 143,000 | 127,000 | 127,000 |
class b common stock | 11,000 | 11,000 | 12,000 | 12,000 | 12,000 | 16,000 | 16,000 | 17,000 | 17,000 | 24,000 | 25,000 | 25,000 | 25,000 | 26,000 | 26,000 | 31,000 | 31,000 | 32,000 | 36,000 | 36,000 | 38,000 | 45,000 | 55,000 | 56,000 | 60,000 | 78,000 | 78,000 | 79,000 | 80,000 | 86,000 | 87,000 | 88,000 | 97,000 | 119,000 | 123,000 | 124,000 | 128,000 | 151,000 | 167,000 | 169,000 | 176,000 | 183,000 | 183,000 | 183,000 | 184,000 | 215,000 | 215,000 | 216,000 | 216,000 | 253,000 | 256,000 | 258,000 | 263,000 |
class c common stock | 89,000 | 91,000 | 90,000 | 90,000 | 90,000 | 87,000 | 87,000 | 87,000 | 87,000 | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 91,000 | 91,000 | 91,000 | 91,000 | 102,000 | 106,000 | 106,000 | 110,000 | 116,000 | 116,000 | 120,000 | 136,000 | 137,000 | 138,000 | 142,000 | 142,000 | 142,000 | 142,000 | 138,000 | 132,000 | 133,000 | 135,000 | 136,000 | 171,000 | 157,000 | 156,000 | 156,000 | 157,000 | 157,000 | 158,000 | 159,000 | 172,000 | 173,000 | 188,000 | 204,000 | 252,000 | 290,000 | 288,000 | 284,000 |
additional paid-in capital | 241,145,000 | 236,327,000 | 231,980,000 | 226,526,000 | 221,477,000 | 220,838,000 | 214,854,000 | 207,664,000 | 201,519,000 | 193,722,000 | 187,764,000 | 181,484,000 | 175,273,000 | 171,416,000 | 163,769,000 | 153,134,000 | 146,002,000 | 141,835,000 | 128,621,000 | 119,855,000 | 114,757,000 | 107,738,000 | 94,745,000 | 88,098,000 | 86,224,000 | 89,149,000 | 83,552,000 | 76,944,000 | 69,471,000 | 97,553,000 | 90,609,000 | 82,791,000 | 89,001,000 | 147,910,000 | 136,413,000 | 128,770,000 | 126,965,000 | 119,221,000 | 114,402,000 | 111,944,000 | 110,029,000 | 116,448,000 | 111,353,000 | 101,451,000 | 99,410,000 | 93,524,000 | 78,897,000 | 83,313,000 | 65,485,000 | 6,388,000 | -60,305,000 | -34,826,000 | -39,002,000 |
retained earnings | 149,020,000 | 203,386,000 | 170,977,000 | 155,933,000 | 136,535,000 | 170,044,000 | 158,239,000 | 135,316,000 | 120,644,000 | 132,126,000 | 112,266,000 | 101,243,000 | 82,050,000 | 93,088,000 | 78,641,000 | 75,443,000 | 82,768,000 | 134,889,000 | 121,497,000 | 100,429,000 | 68,960,000 | 72,944,000 | 51,715,000 | 34,562,000 | 21,294,000 | 44,455,000 | 36,752,000 | 29,365,000 | 21,191,000 | 38,617,000 | 38,678,000 | 28,694,000 | 4,040,000 | -37,870,000 | 19,900,000 | 18,536,000 | 13,596,000 | 13,395,000 | 12,588,000 | 12,444,000 | 10,706,000 | 13,238,000 | 10,732,000 | 15,840,000 | 9,558,000 | 16,417,000 | 13,878,000 | -5,173,000 | -24,419,000 | 1,401,000 | 8,601,000 | 8,748,000 | 2,950,000 |
accumulated other comprehensive income | -1,929,000 | -1,689,000 | -1,708,000 | -1,447,000 | -2,301,000 | -2,762,000 | -1,818,000 | -2,614,000 | -2,628,000 | -2,496,000 | -3,246,000 | -2,531,000 | -2,738,000 | -3,079,000 | -4,289,000 | -2,971,000 | -1,782,000 | -1,310,000 | -1,313,000 | -817,000 | -868,000 | -991,000 | -1,921,000 | -2,539,000 | -2,475,000 | -1,425,000 | -2,429,000 | -2,006,000 | -1,658,000 | -1,895,000 | -1,624,000 | -1,477,000 | -739,000 | -873,000 | -923,000 | -1,385,000 | -1,776,000 | -1,648,000 | -1,224,000 | -1,009,000 | -559,000 | -375,000 | -368,000 | 367,000 | 115,000 | 206,000 | 360,000 | 804,000 | 582,000 | 378,000 | 826,000 | 748,000 | 3,496,000 |
total artisan partners asset management inc. stockholders’ equity | 389,046,000 | 438,831,000 | 402,056,000 | 381,819,000 | 356,517,000 | 388,924,000 | 372,079,000 | 341,169,000 | 320,338,000 | 324,151,000 | 297,584,000 | 280,996,000 | 255,385,000 | 262,221,000 | 238,917,000 | 226,402,000 | 227,784,000 | 276,204,000 | 249,595,000 | 220,257,000 | 183,641,000 | 180,477,000 | 145,324,000 | 120,907,000 | 105,829,000 | 132,957,000 | 118,653,000 | 105,081,000 | 89,782,000 | 135,044,000 | 128,432,000 | 110,778,000 | 93,072,000 | 109,923,000 | 156,146,000 | 146,677,000 | |||||||||||||||||
noncontrolling interests - artisan partners holdings | 44,081,000 | 39,325,000 | 38,817,000 | 37,258,000 | 38,128,000 | 33,078,000 | 32,949,000 | 30,535,000 | 33,448,000 | 27,200,000 | 25,740,000 | 25,741,000 | 25,845,000 | 17,136,000 | 16,196,000 | 16,892,000 | 24,090,000 | 19,757,000 | 21,358,000 | 20,207,000 | 21,434,000 | 10,565,000 | 8,412,000 | 4,899,000 | 4,919,000 | 5,544,000 | 3,993,000 | 2,172,000 | |||||||||||||||||||||||||
total stockholders’ equity | 433,127,000 | 478,156,000 | 440,873,000 | 419,077,000 | 394,645,000 | 422,002,000 | 405,028,000 | 371,704,000 | 353,786,000 | 351,351,000 | 323,324,000 | 306,737,000 | 281,230,000 | 279,357,000 | 255,113,000 | 243,294,000 | 251,874,000 | 295,961,000 | 270,953,000 | 240,464,000 | 205,075,000 | 191,042,000 | 153,736,000 | 125,806,000 | 110,748,000 | 138,501,000 | 122,646,000 | 107,253,000 | 92,950,000 | 140,487,000 | 136,888,000 | 113,757,000 | 98,920,000 | 108,065,000 | 156,792,000 | 142,175,000 | 139,541,000 | 131,711,000 | 126,511,000 | 124,124,000 | 120,921,000 | 130,045,000 | 122,451,000 | 118,392,000 | 109,817,000 | 110,876,000 | 93,864,000 | 79,659,000 | 55,616,000 | 43,779,000 | 24,559,000 | 50,091,000 | 42,866,000 |
total liabilities, redeemable noncontrolling interests and stockholders’ equity | 1,441,195,000 | 1,577,292,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses | 20,592,000 | 13,537,000 | 14,791,000 | 15,723,000 | 12,543,000 | 10,820,000 | 9,589,000 | 9,881,000 | 8,969,000 | 8,654,000 | 7,474,000 | 5,892,000 | 4,785,000 | ||||||||||||||||||||||||||||||||||||||||
other | 4,699,000 | 4,194,000 | 5,557,000 | 4,330,000 | 7,739,000 | 6,942,000 | 3,099,000 | 3,793,000 | 4,395,000 | 5,534,000 | 5,096,000 | 5,288,000 | 5,060,000 | ||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable noncontrolling interests and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses, and other | 33,795,000 | 29,914,000 | 43,657,000 | 33,406,000 | 28,867,000 | 22,232,000 | 33,032,000 | 25,509,000 | 23,872,000 | 27,246,000 | 27,581,000 | 24,414,000 | 26,276,000 | 26,991,000 | 29,848,000 | 28,992,000 | 27,270,000 | 27,023,000 | 29,585,000 | 24,727,000 | 20,822,000 | 28,672,000 | 18,869,000 | 19,926,000 | 20,058,000 | 20,402,000 | 17,511,000 | 16,772,000 | 23,381,000 | 23,869,000 | 24,515,000 | 16,656,000 | 19,681,000 | 24,336,000 | 21,814,000 | 15,609,000 | 24,296,000 | 25,616,000 | 24,305,000 | 18,052,000 | 27,957,000 | 32,966,000 | 34,196,000 | 21,934,000 | 37,812,000 | 42,341,000 | 48,672,000 | 18,828,000 | 42,930,000 | 50,324,000 | 53,002,000 | ||
total liabilities, redeemable noncontrolling interests, and stockholders’ equity | 1,581,619,000 | 1,444,685,000 | 1,370,310,000 | 1,618,756,000 | 1,610,601,000 | 1,505,282,000 | 1,516,001,000 | 1,405,858,000 | 1,417,678,000 | 1,406,230,000 | 1,330,451,000 | 1,234,608,000 | 1,342,884,000 | 1,293,174,000 | 1,257,226,000 | 1,208,047,000 | 1,259,009,000 | 1,219,814,000 | 1,284,944,000 | 1,151,962,000 | 1,082,539,000 | 1,001,903,000 | 973,994,000 | 933,619,000 | 965,953,000 | 928,728,000 | 906,510,000 | 805,014,000 | 876,302,000 | 950,725,000 | 954,183,000 | 837,155,000 | 1,160,921,000 | 1,135,414,000 | |||||||||||||||||||
accrued incentive compensation | 164,340,000 | 139,986,000 | 129,762,000 | 52,226,000 | 126,453,000 | 109,797,000 | 97,057,000 | 29,762,000 | 105,971,000 | 100,113,000 | 97,200,000 | 7,521,000 | 123,435,000 | 109,835,000 | 98,542,000 | 12,924,000 | 93,913,000 | 79,260,000 | 70,046,000 | 16,159,000 | 80,589,000 | 73,666,000 | 61,323,000 | 12,689,000 | 82,456,000 | 75,978,000 | 68,490,000 | 2,911,000 | 78,291,000 | 69,000,000 | 60,020,000 | 12,642,000 | 71,257,000 | 63,896,000 | 57,070,000 | 13,748,000 | 75,823,000 | 73,760,000 | 65,311,000 | 12,973,000 | 77,930,000 | 71,132,000 | 64,580,000 | 3,580,000 | 83,832,000 | 70,065,000 | 57,938,000 | ||||||
restricted cash | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 629,000 | 889,000 | 925,000 | 1,185,000 | |||||||||||||||||||||||||||||
deferred lease obligations | 10,449,000 | 6,363,000 | 3,972,000 | 3,478,000 | 3,608,000 | 3,515,000 | |||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest - artisan partners holdings | 3,168,000 | 5,443,000 | 8,456,000 | 2,979,000 | 5,848,000 | -1,858,000 | 646,000 | -4,502,000 | 1,168,000 | -13,997,000 | -6,490,000 | -8,875,000 | -310,000 | -13,494,000 | -4,148,000 | -6,363,000 | -355,000 | -3,377,000 | 1,094,000 | -7,298,000 | 12,263,000 | 38,060,000 | 22,464,000 | -31,291,000 | -81,644,000 | ||||||||||||||||||||||||||||
class b redemptions payable | 506,000 | 5,602,000 | 14,284,000 | 23,026,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 140,709,000 | 117,714,000 | 120,021,000 | 115,249,000 | 120,611,000 | 116,551,000 | 118,303,000 | 112,029,000 | 109,462,000 | 107,499,000 | 146,371,000 | 124,331,000 | 119,578,000 | 132,311,000 | 95,940,000 | 62,218,000 | 5,750,000 | ||||||||||||||||||||||||||||||||||||
total liabilities and equity | 1,107,495,000 | 936,166,000 | 1,006,971,000 | 995,897,000 | 1,002,632,000 | 946,532,000 | 1,010,829,000 | 1,018,290,000 | 1,005,390,000 | 849,452,000 | 983,965,000 | 932,574,000 | 877,128,000 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents of launch equity | 38,600,000 | 33,117,000 | 30,263,000 | 19,156,000 | 18,420,000 | 16,068,000 | 12,994,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable of launch equity | 703,000 | 1,000 | 7,428,000 | 15,187,000 | 1,000 | 382,000 | |||||||||||||||||||||||||||||||||||||||||||||||
investment securities of launch equity | 47,428,000 | 49,813,000 | 60,528,000 | 63,364,000 | 65,341,000 | 60,066,000 | 56,809,000 | ||||||||||||||||||||||||||||||||||||||||||||||
payables of launch equity | 7,485,000 | 14,533,000 | 64,000 | 313,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
securities sold, not yet purchased of launch equity | 33,273,000 | 30,851,000 | 38,222,000 | 31,990,000 | 35,497,000 | 32,652,000 | 25,343,000 | ||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock | 13,257,000 | 34,909,000 | 74,748,000 | 74,748,000 | 74,748,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest - launch equity | 51,413,000 | 51,970,000 | 51,699,000 | 50,472,000 | 48,917,000 | 43,418,000 | 44,528,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts payable of launch equity | 2,044,000 | 109,000 | 869,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable preferred units and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class b liability awards | |||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable preferred units | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable preferred units and equity | 581,398,000 | 541,787,000 | 490,961,000 | 426,435,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable preferred units and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent value rights | 15,080,000 | 22,020,000 | 30,640,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income before noncontrolling interests | 67,618,000 | 118,083,000 | 86,473,000 | 95,988,000 | 77,335,000 | 87,514,000 | 104,185,000 | 71,248,000 | 86,704,000 | 92,800,000 | 73,428,000 | 73,775,000 | 71,801,000 | 66,295,000 | 52,480,000 | 47,173,000 | 82,437,000 | 107,659,000 | 113,366,000 | 118,881,000 | 104,618,000 | 108,460,000 | 84,693,000 | 71,707,000 | 43,643,000 | 69,454,000 | 62,212,000 | 59,973,000 | 49,818,000 | 48,164,000 | 66,717,000 | 67,645,000 | 71,664,000 | 840,000 | 58,509,000 | 48,833,000 | 42,555,000 | 43,820,000 | 45,387,000 | 43,476,000 | 40,318,000 | 49,254,000 | 50,148,000 | 59,258,000 | 53,446,000 | 59,515,000 | 63,125,000 | 63,923,000 | 52,187,000 | 62,142,000 | 56,090,000 | 47,030,000 | -399,394,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 2,301,000 | 2,061,000 | 2,341,000 | 2,483,000 | 2,493,000 | 2,361,000 | 2,678,000 | 2,435,000 | 2,388,000 | 2,452,000 | 2,389,000 | 2,310,000 | 2,197,000 | 2,179,000 | 2,091,000 | 1,817,000 | 1,710,000 | 1,852,000 | 1,833,000 | 1,694,000 | 1,554,000 | 1,658,000 | 1,705,000 | 1,638,000 | 1,624,000 | 1,666,000 | 1,600,000 | 1,496,000 | 1,471,000 | 1,411,000 | 1,755,000 | 1,237,000 | 1,265,000 | 1,438,000 | 1,310,000 | 1,292,000 | 1,257,000 | 1,456,000 | 1,399,000 | 1,240,000 | 1,177,000 | 1,342,000 | 1,091,000 | 1,047,000 | 1,039,000 | 957,000 | 870,000 | 730,000 | 693,000 | 941,000 | 821,000 | 765,000 | 698,000 |
deferred income taxes | 10,666,000 | 9,152,000 | 22,418,000 | 13,326,000 | 10,816,000 | 10,187,000 | 11,529,000 | 9,826,000 | 12,637,000 | 10,210,000 | 9,043,000 | 11,096,000 | 12,147,000 | 8,459,000 | 7,307,000 | 5,544,000 | 8,846,000 | 9,971,000 | 8,466,000 | 10,168,000 | 9,777,000 | 4,292,000 | 7,820,000 | 8,997,000 | 6,881,000 | 7,574,000 | -15,215,000 | 7,504,000 | 7,493,000 | 5,395,000 | 5,761,000 | 6,455,000 | 7,252,000 | 365,831,000 | 10,981,000 | 8,947,000 | 9,657,000 | 8,877,000 | 8,236,000 | 8,729,000 | 8,118,000 | 8,390,000 | 370,000 | 8,337,000 | -576,000 | 6,706,000 | 8,147,000 | 176,000 | 2,540,000 | 2,129,000 | 1,209,000 | 3,400,000 | 2,646,000 |
noncash lease expense | 122,000 | -335,000 | -480,000 | -286,000 | -38,000 | -193,000 | -229,000 | 164,000 | -730,000 | -84,000 | 20,000 | -7,000 | -171,000 | 594,000 | 705,000 | 716,000 | -150,000 | -659,000 | -327,000 | -673,000 | -272,000 | -224,000 | -390,000 | -96,000 | -789,000 | -135,000 | 498,000 | 425,000 | 745,000 | ||||||||||||||||||||||||
net investment loss on nonconsolidated investment securities | 5,088,000 | -6,354,000 | -11,922,000 | -18,613,000 | -3,817,000 | 3,215,000 | -12,378,000 | -176,000 | -12,125,000 | -11,612,000 | 4,240,000 | -3,063,000 | -8,728,000 | -7,171,000 | 5,636,000 | 13,542,000 | 4,599,000 | -85,000 | |||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | 150,000 | 16,000 | 0 | 0 | 29,000 | 2,000 | 0 | 0 | 2,000 | 13,000 | 36,000 | 3,000 | 9,000 | 0 | 2,000 | -6,000 | 144,000 | 3,000 | 111,000 | 17,000 | 7,000 | 4,000 | 2,000 | 5,000 | 49,000 | 2,000 | 4,000 | 14,000 | 50,000 | 24,000 | 12,000 | 22,000 | 14,000 | 9,000 | 7,000 | 10,000 | 13,000 | 198,000 | 146,000 | 5,000 | 10,000 | 0 | 5,000 | 1,000 | |||||||||
amortization of debt issuance costs | 117,000 | 118,000 | 62,000 | 109,000 | 110,000 | 110,000 | 60,000 | 109,000 | 110,000 | 109,000 | 111,000 | 111,000 | 111,000 | 111,000 | 93,000 | 118,000 | 118,000 | 117,000 | 68,000 | 118,000 | 118,000 | 118,000 | 68,000 | 118,000 | 118,000 | 118,000 | 116,000 | 115,000 | 114,000 | 114,000 | 114,000 | 115,000 | 114,000 | 116,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 |
share-based compensation | 8,388,000 | 6,274,000 | 6,861,000 | 6,917,000 | 8,495,000 | 7,726,000 | 7,620,000 | 7,903,000 | 9,226,000 | 7,685,000 | 7,895,000 | 7,803,000 | 10,314,000 | 9,919,000 | 10,159,000 | 10,115,000 | 11,339,000 | 9,550,000 | 9,745,000 | 9,554,000 | 10,800,000 | 9,096,000 | 9,247,000 | 8,989,000 | 9,695,000 | 8,696,000 | 9,977,000 | 12,073,000 | 12,349,000 | 11,228,000 | 12,757,000 | 15,169,000 | 14,400,000 | 12,622,000 | 12,630,000 | 18,810,000 | 18,830,000 | 16,559,000 | 18,481,000 | 18,039,000 | 18,917,000 | 19,709,000 | 20,420,000 | 19,786,000 | 19,605,000 | 20,148,000 | 19,344,000 | 20,486,000 | 28,278,000 | 27,760,000 | 26,837,000 | 23,851,000 | 576,969,000 |
net investment loss of consolidated investment products | 2,561,000 | -8,920,000 | -8,738,000 | -22,667,000 | -7,101,000 | -6,325,000 | -23,165,000 | -3,287,000 | -19,184,000 | -24,513,000 | -9,787,000 | -13,462,000 | -14,940,000 | -7,615,000 | 3,936,000 | 11,857,000 | -1,188,000 | -1,680,000 | -2,824,000 | -8,328,000 | -6,916,000 | -18,396,000 | -7,798,000 | -12,877,000 | 12,924,000 | -5,076,000 | -619,000 | -2,043,000 | -2,346,000 | 3,743,000 | -6,285,000 | -2,674,000 | |||||||||||||||||||||
purchase of investments by consolidated investment products | -125,594,000 | -164,286,000 | -160,430,000 | -79,920,000 | -68,812,000 | -112,445,000 | -102,768,000 | -61,912,000 | -99,938,000 | -80,396,000 | -81,657,000 | -174,984,000 | -69,281,000 | -16,554,000 | -136,706,000 | -144,485,000 | -37,902,000 | -61,785,000 | -46,815,000 | -53,066,000 | -90,733,000 | -60,788,000 | -63,330,000 | -38,064,000 | -29,092,000 | -29,114,000 | -23,163,000 | -34,331,000 | -36,758,000 | -40,812,000 | -30,519,000 | -239,852,000 | -332,365,000 | -200,501,000 | |||||||||||||||||||
proceeds from sale of investments by consolidated investment products | 106,093,000 | 87,984,000 | 71,637,000 | 30,043,000 | 35,182,000 | 73,775,000 | 69,624,000 | 57,045,000 | 80,353,000 | 57,352,000 | 78,237,000 | 92,768,000 | 53,283,000 | 60,339,000 | 64,175,000 | 52,258,000 | 34,765,000 | 68,757,000 | 53,940,000 | 36,528,000 | 37,395,000 | 28,674,000 | 36,814,000 | 41,913,000 | 30,160,000 | 22,282,000 | 10,822,000 | 25,493,000 | 16,871,000 | 31,518,000 | 16,083,000 | 223,830,000 | 339,686,000 | 161,757,000 | |||||||||||||||||||
change in assets and liabilities resulting in an increase in cash: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 11,816,000 | -36,162,000 | -4,225,000 | 8,917,000 | -3,228,000 | -10,091,000 | 3,335,000 | -3,254,000 | -6,888,000 | -2,107,000 | -845,000 | 2,406,000 | 671,000 | 4,206,000 | 22,762,000 | -3,702,000 | -6,644,000 | 6,298,000 | -494,000 | -6,615,000 | -15,151,000 | -1,465,000 | -4,317,000 | 2,603,000 | -14,841,000 | 9,445,000 | -4,105,000 | -7,952,000 | -11,566,000 | 9,128,000 | 0 | -2,061,000 | 1,935,000 | -3,021,000 | -5,915,000 | -4,358,000 | -3,661,000 | 5,785,000 | -2,700,000 | -6,433,000 | 3,666,000 | 7,510,000 | 9,157,000 | -10,314,000 | 2,950,000 | -2,163,000 | -2,513,000 | -2,814,000 | 1,891,000 | -4,363,000 | -5,555,000 | -2,362,000 | -5,459,000 |
prepaid expenses and other assets | 345,000 | -6,841,000 | -530,000 | 2,099,000 | -2,660,000 | -92,000 | 125,000 | 614,000 | 519,000 | -516,000 | -1,629,000 | 1,456,000 | 604,000 | 821,000 | 6,550,000 | -6,894,000 | 2,871,000 | 1,050,000 | -3,571,000 | 8,305,000 | -8,948,000 | -1,614,000 | -3,742,000 | -11,516,000 | 10,762,000 | 1,036,000 | 632,000 | 225,000 | -862,000 | -1,392,000 | 985,000 | -3,511,000 | 1,643,000 | 502,000 | 1,647,000 | -2,109,000 | 1,589,000 | -3,099,000 | 300,000 | -932,000 | -1,167,000 | -803,000 | 35,000 | -72,000 | -1,774,000 | 19,000 | -646,000 | 462,000 | -1,442,000 | -374,000 | -2,010,000 | 681,000 | -263,000 |
accounts payable and accrued expenses | 93,269,000 | -79,777,000 | 39,352,000 | 11,843,000 | 92,698,000 | -80,304,000 | 31,023,000 | 4,830,000 | 87,122,000 | -72,667,000 | 13,788,000 | 13,500,000 | 72,772,000 | -78,153,000 | 5,356,000 | -1,319,000 | 90,574,000 | -114,656,000 | 15,674,000 | 8,353,000 | 89,328,000 | -77,148,000 | 6,868,000 | 19,173,000 | 52,729,000 | -63,827,000 | 7,538,000 | 14,475,000 | 48,695,000 | -68,479,000 | 4,389,000 | 6,799,000 | 67,318,000 | -73,161,000 | 4,725,000 | 11,471,000 | 47,763,000 | -57,451,000 | 4,733,000 | 8,051,000 | 41,147,000 | -58,896,000 | -2,215,000 | 8,474,000 | 52,321,000 | -60,666,000 | 3,827,000 | 1,843,000 | 67,634,000 | -74,293,000 | 7,368,000 | 10,086,000 | 54,434,000 |
net change in operating assets and liabilities of consolidated investment products including net investment income | -1,183,000 | 1,743,000 | -1,840,000 | 703,000 | 16,401,000 | 61,718,000 | 19,641,000 | -9,661,000 | 6,796,000 | 11,511,000 | -15,031,000 | ||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 181,757,000 | -77,250,000 | 40,422,000 | 50,942,000 | 157,874,000 | 37,172,000 | 112,763,000 | 75,884,000 | 147,019,000 | -9,774,000 | 79,697,000 | 62,169,000 | 120,936,000 | 5,988,000 | 88,509,000 | 26,616,000 | 191,497,000 | -5,617,000 | 144,661,000 | 66,731,000 | 192,776,000 | 19,956,000 | 94,783,000 | 83,441,000 | 120,497,000 | 31,210,000 | 78,946,000 | 88,783,000 | 93,854,000 | 5,075,000 | 87,288,000 | 73,635,000 | 167,324,000 | -45,556,000 | 80,262,000 | 50,371,000 | 118,996,000 | 12,101,000 | 74,173,000 | 72,399,000 | 111,687,000 | 22,610,000 | 84,319,000 | 85,601,000 | 128,709,000 | 71,961,000 | 90,999,000 | 87,894,000 | 147,222,000 | -5,592,000 | 71,248,000 | 75,511,000 | -29,001,000 |
capital expenditures | -518,000 | -67,000 | -35,000 | -63,000 | -206,000 | -464,000 | -341,000 | -649,000 | -116,000 | -1,672,000 | -147,000 | -92,000 | -346,000 | -1,353,000 | -3,582,000 | -618,000 | -1,084,000 | -644,000 | -448,000 | -935,000 | -408,000 | -677,000 | -430,000 | -311,000 | -631,000 | -540,000 | -586,000 | -1,088,000 | -1,284,000 | -1,236,000 | -996,000 | -301,000 | -301,000 | -266,000 | -489,000 | -470,000 | -353,000 | -170,000 | 679,000 | -2,796,000 | -646,000 | -2,126,000 | -493,000 | -588,000 | -587,000 | -1,030,000 | -1,337,000 | -1,440,000 | -990,000 | -893,000 | -526,000 | -485,000 | -455,000 |
free cash flows | 181,239,000 | -77,317,000 | 40,387,000 | 50,879,000 | 157,668,000 | 36,708,000 | 112,422,000 | 75,235,000 | 146,903,000 | -11,446,000 | 79,550,000 | 62,077,000 | 120,590,000 | 4,635,000 | 84,927,000 | 25,998,000 | 190,413,000 | -6,261,000 | 144,213,000 | 65,796,000 | 192,368,000 | 19,279,000 | 94,353,000 | 83,130,000 | 119,866,000 | 30,670,000 | 78,360,000 | 87,695,000 | 92,570,000 | 3,839,000 | 86,292,000 | 73,334,000 | 167,023,000 | -45,822,000 | 79,773,000 | 49,901,000 | 118,643,000 | 11,931,000 | 74,852,000 | 69,603,000 | 111,041,000 | 20,484,000 | 83,826,000 | 85,013,000 | 128,122,000 | 70,931,000 | 89,662,000 | 86,454,000 | 146,232,000 | -6,485,000 | 70,722,000 | 75,026,000 | -29,456,000 |
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of property and equipment | -518,000 | -67,000 | -35,000 | -63,000 | -206,000 | -464,000 | -341,000 | -649,000 | -116,000 | -1,672,000 | -147,000 | -92,000 | -346,000 | -1,353,000 | -3,582,000 | -618,000 | -1,084,000 | -644,000 | -448,000 | -935,000 | -408,000 | -677,000 | -430,000 | -311,000 | -631,000 | -540,000 | -586,000 | -1,088,000 | -1,284,000 | -1,236,000 | -996,000 | -301,000 | -301,000 | -266,000 | -489,000 | -470,000 | -353,000 | -170,000 | 679,000 | -2,796,000 | -646,000 | -2,126,000 | -493,000 | -588,000 | -587,000 | -1,030,000 | -1,337,000 | -1,440,000 | -990,000 | -893,000 | -526,000 | -485,000 | -455,000 |
leasehold improvements | -25,000 | -248,000 | -20,000 | -25,000 | -13,000 | 10,000 | -173,000 | -1,273,000 | -1,746,000 | -684,000 | -1,695,000 | -1,270,000 | -2,725,000 | -1,914,000 | -3,125,000 | -4,989,000 | -2,893,000 | -194,000 | -616,000 | -1,408,000 | -1,314,000 | -680,000 | -152,000 | -51,000 | -167,000 | -584,000 | -1,808,000 | -8,340,000 | -3,554,000 | -3,740,000 | -5,106,000 | -1,633,000 | -528,000 | -1,220,000 | -1,569,000 | -330,000 | -1,138,000 | -535,000 | -3,379,000 | -364,000 | -65,000 | -1,578,000 | -366,000 | -795,000 | -802,000 | -727,000 | -2,155,000 | -991,000 | -949,000 | -332,000 | -68,000 | -233,000 | -199,000 |
proceeds from sale of investment securities | 59,430,000 | 31,658,000 | 10,151,000 | 32,827,000 | 2,697,000 | 0 | 749,000 | 7,087,000 | 3,853,000 | 721,000 | 157,000 | 2,604,000 | 2,465,000 | 0 | 0 | 1,192,000 | 3,972,000 | 0 | 0 | 0 | 12,813,000 | 3,883,000 | 753,000 | 13,732,000 | 5,633,000 | 0 | 0 | 0 | 6,382,000 | 6,926,000 | 2,025,000 | 0 | 1,759,000 | 5,454,000 | |||||||||||||||||||
purchase of investment securities | -48,372,000 | -397,000 | -254,000 | -3,000 | -40,754,000 | 3,000 | -3,000 | -704,000 | -31,103,000 | 0 | 157,000 | -43,000 | -35,597,000 | 0 | -689,000 | 7,750,000 | -56,398,000 | 0 | 0 | 0 | -33,820,000 | -1,000 | -889,000 | 0 | -1,260,000 | 0 | -250,000 | 0 | -2,000,000 | -3,000,000 | -250,000 | -4,000,000 | 0 | 0 | 0 | -10,000 | -21,000 | 0 | -10,000,000 | 0 | 0 | -3,000,000 | -2,000,000 | ||||||||||
cash paid for business acquisitions, net of cash acquired | -22,512,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -11,997,000 | 30,946,000 | 9,842,000 | 32,736,000 | -38,276,000 | -451,000 | 232,000 | 4,461,000 | -29,112,000 | -1,635,000 | -1,528,000 | 1,199,000 | -36,203,000 | -3,267,000 | -7,396,000 | 3,335,000 | -56,403,000 | -838,000 | -1,064,000 | -2,343,000 | -22,729,000 | 2,525,000 | -718,000 | 13,370,000 | 3,575,000 | -836,000 | -2,404,000 | -9,428,000 | -4,838,000 | -5,226,000 | -6,352,000 | -1,934,000 | -829,000 | -1,486,000 | -4,058,000 | -3,800,000 | 4,641,000 | 2,481,000 | -675,000 | -3,164,000 | -711,000 | -3,704,000 | 936,000 | -7,168,000 | -1,389,000 | 3,687,000 | 2,903,000 | -2,431,000 | -11,935,000 | 15,707,000 | -594,000 | -3,718,000 | -2,654,000 |
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
partnership distributions | -5,960,000 | -19,258,000 | -14,735,000 | -15,854,000 | -6,378,000 | -15,473,000 | -13,244,000 | -16,085,000 | -4,116,000 | -14,391,000 | -12,883,000 | -14,131,000 | -3,327,000 | -13,478,000 | -12,026,000 | -20,527,000 | -11,168,000 | -25,300,000 | -25,629,000 | -30,387,000 | -11,873,000 | -25,560,000 | -20,923,000 | -22,246,000 | -17,076,000 | -24,690,000 | -21,828,000 | -25,733,000 | -22,591,000 | -25,016,000 | -22,674,000 | -33,061,000 | -22,683,000 | -33,935,000 | -27,100,000 | -38,239,000 | -16,530,000 | -38,543,000 | -32,909,000 | -43,095,000 | -19,329,000 | -47,001,000 | -38,517,000 | -54,552,000 | -42,105,000 | -53,283,000 | -46,369,000 | -74,181,000 | -93,005,000 | -64,688,000 | -45,991,000 | -13,577,000 | -100,530,000 |
dividends paid | -112,460,000 | -62,416,000 | -51,811,000 | -48,181,000 | -94,697,000 | -57,930,000 | -50,093,000 | -42,924,000 | -71,009,000 | -44,927,000 | -42,159,000 | -34,457,000 | -61,835,000 | -38,390,000 | -41,067,000 | -51,643,000 | -117,596,000 | -71,269,000 | -65,390,000 | -56,777,000 | -81,304,000 | -51,915,000 | -41,399,000 | -37,253,000 | -72,439,000 | -36,868,000 | -33,913,000 | -31,031,000 | -86,366,000 | -32,590,000 | -32,553,000 | -32,432,000 | -70,205,000 | -30,298,000 | -30,123,000 | -29,928,000 | -40,672,000 | -25,139,000 | -25,341,000 | -25,314,000 | -39,590,000 | -23,698,000 | -23,640,000 | -23,537,000 | -53,073,000 | -18,755,000 | -17,900,000 | -16,371,000 | -46,778,000 | -8,497,000 | |||
taxes paid related to employee net share settlement | -4,519,000 | 0 | 0 | -419,000 | -8,545,000 | 0 | 0 | 0 | -6,831,000 | 0 | 0 | 0 | -6,758,000 | -112,000 | -334,000 | 0 | -7,420,000 | -87,000 | -1,293,000 | 0 | -7,866,000 | 0 | 0 | 0 | -4,530,000 | 0 | -254,000 | 0 | -1,824,000 | 0 | -759,000 | 0 | -1,805,000 | 0 | -547,000 | 0 | -930,000 | 0 | -428,000 | 0 | -334,000 | 0 | 0 | ||||||||||
capital contributions to consolidated investment products | 27,845,000 | 41,417,000 | 66,298,000 | 62,605,000 | 17,764,000 | 25,100,000 | 5,956,000 | 10,922,000 | 18,165,000 | 18,665,000 | 23,013,000 | 36,913,000 | 17,071,000 | 4,885,000 | 4,557,000 | 27,580,000 | 3,989,000 | 13,418,000 | 4,776,000 | 6,845,000 | 48,197,000 | 23,509,000 | 9,540,000 | 1,380,000 | 3,848,000 | 1,571,000 | 329,000 | 767,000 | 1,228,000 | 5,689,000 | 13,660,000 | 12,490,000 | 14,733,000 | 2,001,000 | |||||||||||||||||||
net cash from financing activities | -95,094,000 | -40,373,000 | -19,685,000 | -31,046,000 | -91,856,000 | -48,303,000 | -66,142,000 | -75,985,000 | -63,791,000 | -40,653,000 | -40,610,000 | -38,851,000 | -54,849,000 | -47,095,000 | -57,410,000 | -69,702,000 | -132,195,000 | -83,238,000 | -94,955,000 | -104,292,000 | -52,948,000 | -53,973,000 | -59,407,000 | -78,551,000 | -90,303,000 | -60,045,000 | -61,963,000 | -75,006,000 | -109,553,000 | -51,917,000 | -51,186,000 | -80,332,000 | -80,048,000 | -18,308,000 | -63,826,000 | -78,495,000 | -58,232,000 | -70,414,000 | -58,678,000 | -89,362,000 | -59,253,000 | -70,384,000 | -83,048,000 | -78,078,000 | -94,495,000 | -121,339,000 | -69,503,000 | -90,258,000 | -138,755,000 | -74,203,000 | -52,131,000 | -13,492,000 | 89,599,000 |
net increase in cash and cash equivalents | 74,666,000 | -86,677,000 | 30,579,000 | 52,632,000 | 27,742,000 | 14,579,000 | 4,349,000 | -20,537,000 | -52,068,000 | 29,750,000 | -8,631,000 | 86,447,000 | -65,350,000 | 12,378,000 | -31,924,000 | 65,405,000 | -55,832,000 | 14,820,000 | -20,127,000 | 51,723,000 | -51,478,000 | 2,207,000 | 355,000 | 32,825,000 | -45,691,000 | 24,399,000 | -4,795,000 | -3,468,000 | -64,088,000 | 18,523,000 | 58,301,000 | 57,944,000 | |||||||||||||||||||||
net cash impact of deconsolidation of cips | -29,727,000 | 0 | 0 | -36,988,000 | 0 | 0 | -3,996,000 | 0 | 0 | -34,823,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 271,058,000 | -85,712,000 | 55,229,000 | 32,039,000 | 212,890,000 | -52,777,000 | 58,533,000 | 11,182,000 | 184,234,000 | -57,300,000 | 33,283,000 | 14,397,000 | 150,628,000 | -53,291,000 | 17,469,000 | -36,857,000 | 187,511,000 | -84,027,000 | 44,515,000 | 12,986,000 | 215,752,000 | -45,446,000 | 9,578,000 | 20,106,000 | 170,749,000 | -34,937,000 | 16,936,000 | 405,000 | 152,217,000 | -50,968,000 | 21,073,000 | -10,473,000 | 200,831,000 | ||||||||||||||||||||
beginning of period | 255,506,000 | 0 | 0 | 0 | 268,218,000 | 0 | 0 | 0 | 178,467,000 | 0 | 0 | 0 | 143,248,000 | 0 | 0 | 0 | 200,771,000 | 0 | 0 | 0 | 199,450,000 | 0 | 0 | 0 | 144,255,000 | 0 | 0 | 0 | 175,535,000 | 0 | 0 | 0 | 159,796,000 | 0 | 0 | 0 | 156,777,000 | 0 | 0 | 0 | 166,193,000 | 0 | 0 | 0 | 182,284,000 | 0 | 0 | 0 | 211,839,000 | 0 | 0 | 0 | 141,159,000 |
end of period | 300,445,000 | -86,677,000 | 30,579,000 | 52,632,000 | 258,972,000 | -11,582,000 | 46,853,000 | 4,360,000 | 228,587,000 | -52,062,000 | 32,880,000 | 24,517,000 | 173,132,000 | -44,374,000 | 23,703,000 | -39,751,000 | 203,670,000 | -89,693,000 | 48,642,000 | -39,904,000 | 281,726,000 | -31,492,000 | 34,658,000 | 18,260,000 | 178,024,000 | -29,671,000 | 14,579,000 | 4,349,000 | 154,998,000 | -52,068,000 | -10,009,000 | -8,631,000 | 246,243,000 | -65,350,000 | 12,378,000 | -31,924,000 | 222,182,000 | -55,832,000 | 14,820,000 | -20,127,000 | 217,916,000 | -51,478,000 | 2,207,000 | 355,000 | 215,109,000 | -45,691,000 | 24,399,000 | -4,795,000 | 208,371,000 | -64,088,000 | 18,523,000 | 58,301,000 | 199,103,000 |
cash and cash equivalents as of the end of the period | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents of consolidated investment products | 29,387,000 | -965,000 | -24,650,000 | 20,593,000 | 46,082,000 | 41,195,000 | -11,680,000 | -6,822,000 | 44,353,000 | 5,238,000 | -403,000 | 10,120,000 | 22,504,000 | 9,546,000 | 6,234,000 | -2,894,000 | 15,530,000 | -5,666,000 | 4,127,000 | -52,890,000 | 65,345,000 | 13,954,000 | 25,080,000 | -1,846,000 | 6,646,000 | 5,266,000 | -2,357,000 | 3,944,000 | 2,152,000 | -1,100,000 | -31,082,000 | 1,842,000 | 44,783,000 | ||||||||||||||||||||
supplementary information | |||||||||||||||||||||||||||||||||||||||||||||||||||||
noncash activity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
establishment of deferred tax assets | 2,324,000 | 307,000 | 3,000 | 2,000 | 715,000 | 109,000 | 4,030,000 | 6,000 | 14,429,000 | 248,000 | 1,626,000 | 230,000 | 1,358,000 | 727,000 | 6,846,000 | 286,000 | 1,195,000 | 25,666,000 | 6,976,000 | 2,326,000 | 19,246,000 | 31,319,000 | 808,000 | 7,672,000 | 37,957,000 | 1,977,000 | 22,968,000 | 3,985,000 | 7,069,000 | 556,000 | 612,000 | 5,186,000 | 18,325,000 | 12,697,000 | 5,773,000 | 8,596,000 | 119,175,000 | 2,809,000 | 853,000 | 13,687,000 | 16,592,000 | 3,771,000 | 3,901,000 | 124,887,000 | 32,120,000 | 66,837,000 | 287,367,000 | ||||||
establishment of amounts payable under tax receivable agreements | 1,860,000 | 224,000 | 0 | 0 | 526,000 | 62,000 | 2,460,000 | -1,000 | 11,552,000 | 188,000 | -372,000 | 182,000 | 1,018,000 | 542,000 | 5,268,000 | 221,000 | 440,000 | 21,003,000 | 5,473,000 | 1,931,000 | 15,802,000 | 26,485,000 | 492,000 | 6,257,000 | 30,853,000 | 1,599,000 | 20,474,000 | 3,505,000 | 5,389,000 | 620,000 | 341,000 | 4,288,000 | 15,054,000 | 9,243,000 | 4,678,000 | 7,210,000 | 99,189,000 | 1,017,000 | 870,000 | 11,403,000 | 12,190,000 | 3,431,000 | 3,114,000 | 100,840,000 | 27,654,000 | 54,132,000 | 244,262,000 | ||||||
increase in investment securities due to deconsolidation of cips | 55,257,000 | 0 | 0 | 29,757,000 | 0 | 0 | 23,831,000 | 0 | 0 | 9,970,000 | 0 | 9,700,000 | 11,200,000 | 0 | 0 | 1,469,000 | |||||||||||||||||||||||||||||||||||||
operating lease assets obtained in exchange for operating lease liabilities | 563,000 | 33,398,000 | 0 | 2,155,000 | 0 | 0 | 0 | 78,000 | 7,411,000 | 8,785,000 | 15,874,000 | 0 | 0 | 2,434,000 | 0 | 1,415,000 | 2,191,000 | ||||||||||||||||||||||||||||||||||||
settlement of franchise capital liability via transfer of investment securities | 2,364,000 | 0 | 0 | 8,483,000 | 1,981,000 | 0 | 0 | 5,438,000 | 1,774,000 | 0 | 0 | 1,793,000 | 1,411,000 | ||||||||||||||||||||||||||||||||||||||||
increase in cip net assets due to consolidation | 8,347,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of the consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairment | 0 | 0 | 0 | 0 | 104,000 | 2,003,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net loss on the tax receivable agreements | 0 | 0 | 0 | 0 | -431,000 | 0 | -482,000 | 0 | 4,912,000 | 0 | 0 | -290,418,000 | 0 | 0 | 5,820,000 | 0 | 6,427,000 | 0 | -284,000 | ||||||||||||||||||||||||||||||||||
payment of debt issuance costs | -116,000 | 0 | -58,000 | 99,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of notes payable | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on notes payable | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
payments under the tax receivable agreements | 0 | -9,089,000 | 0 | -8,761,000 | 0 | -8,581,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net cash impact of deconsolidation of consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in investment securities due to deconsolidation of consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease assets obtained in exchange for operating leases | |||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash contributions to consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest on borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | 46,853,000 | 4,360,000 | 54,116,000 | 37,559,000 | 24,517,000 | 29,884,000 | 23,703,000 | -39,751,000 | 2,899,000 | 48,642,000 | -39,904,000 | 117,099,000 | 34,658,000 | 18,260,000 | 33,769,000 | ||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash | 46,853,000 | 4,360,000 | 228,587,000 | -52,062,000 | 32,880,000 | 24,517,000 | 173,132,000 | -44,374,000 | 23,703,000 | -39,751,000 | 203,670,000 | -89,693,000 | 48,642,000 | -39,904,000 | 281,726,000 | -31,492,000 | 34,658,000 | 18,260,000 | 178,024,000 | -29,671,000 | 14,579,000 | 4,349,000 | 154,998,000 | -52,068,000 | -10,009,000 | -8,631,000 | 246,243,000 | ||||||||||||||||||||||||||
cash, cash equivalents and restricted cash as of the end of the period | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common stock | 0 | 0 | 0 | 46,928,000 | 0 | 0 | 0 | 63,027,000 | 0 | 0 | 0 | 21,478,000 | 0 | 0 | 0 | 162,494,000 | 0 | 0 | 0 | 176,558,000 | 0 | 0 | 0 | 554,129,000 | 296,756,000 | 0 | 0 | 356,579,000 | |||||||||||||||||||||||||
payment of costs directly associated with the issuance of class a common stock | 0 | -5,000 | -137,000 | -102,000 | -7,000 | 0 | -114,000 | -106,000 | 0 | 0 | -78,000 | -88,000 | 0 | 0 | -194,000 | -100,000 | 0 | -2,000 | -349,000 | -76,000 | -9,000 | -454,000 | -1,562,000 | -781,000 | -1,003,000 | 0 | 0 | -3,165,000 | |||||||||||||||||||||||||
purchase of equity and subsidiary equity | 0 | 0 | 0 | -46,928,000 | 0 | 0 | 0 | -63,027,000 | 0 | 0 | 0 | -21,478,000 | 0 | 0 | 0 | -162,494,000 | 0 | ||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 0 | 0 | 629,000 | 0 | 0 | 0 | 629,000 | 0 | 0 | 0 | 629,000 | 0 | 0 | 0 | 629,000 | 0 | 0 | 0 | 629,000 | ||||||||||||||||||||||||||||||||||
net change in operating assets and liabilities of consolidated investment products | -9,846,000 | 44,360,000 | 39,874,000 | 604,000 | -32,009,000 | -6,141,000 | -54,232,000 | 61,578,000 | 23,174,000 | 27,085,000 | -7,982,000 | -5,690,000 | 10,674,000 | 9,744,000 | 12,223,000 | 7,425,000 | 1,582,000 | 9,494,000 | 709,000 | 1,038,000 | -19,170,000 | 4,755,000 | |||||||||||||||||||||||||||||||
payment under the tax receivable agreements | 0 | -7,997,000 | 0 | -7,414,000 | 0 | -6,625,000 | 0 | -5,989,000 | 0 | -8,860,000 | 0 | -7,446,000 | 0 | ||||||||||||||||||||||||||||||||||||||||
net investment loss on nonconsolidated seed investment securities | -3,956,000 | -372,000 | -802,000 | -573,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net investment loss on unconsolidated seed investment securities | 2,379,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on seed investment securities | -1,615,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
class b liability awards | 0 | 0 | 0 | -506,000 | -3,674,000 | -848,000 | 0 | -574,000 | -3,674,000 | -847,000 | -241,000 | -3,920,000 | -3,688,000 | -848,000 | -747,000 | -3,459,000 | -3,687,000 | -847,000 | -769,000 | -226,177,000 | |||||||||||||||||||||||||||||||||
net loss on unconsolidated seed investment securities | -651,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred lease obligations | 2,564,000 | 1,204,000 | 343,000 | -25,000 | 660,000 | 219,000 | 33,000 | 1,479,000 | -47,000 | 503,000 | 87,000 | -49,000 | -32,000 | 58,000 | 0 | -155,000 | -152,000 | -88,000 | 94,000 | 10,000 | -66,000 | -131,000 | 147,000 | -71,000 | |||||||||||||||||||||||||||||
artisan partners asset management inc.consolidated statements of cash flows, continued | |||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized net investment income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
artisan partners asset management inc.unaudited consolidated statements of cash flows, continued | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income | -304,000 | -321,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net investment (gain) loss of consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on investment securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit on share-based awards | -316,000 | 169,000 | -377,000 | -776,000 | -213,000 | -184,000 | |||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
change in other liabilities | -1,000 | -11,000 | -17,000 | -17,000 | -17,000 | -17,000 | -16,000 | -16,000 | -16,000 | -16,000 | -15,000 | -16,000 | |||||||||||||||||||||||||||||||||||||||||
net contributions (redemptions) attributable to redeemable noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||
capital losses on the sale of investment securities | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
losses of consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investment securities by consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investment securities by consolidated investment products | |||||||||||||||||||||||||||||||||||||||||||||||||||||
capital gains on the sale of investment securities | -93,000 | -804,000 | -8,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
reinvested dividends | -151,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
capital gains on the sale of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 0 | 0 | 0 | 4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
payment of amounts owed under the tax receivable agreements | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of preferred stock and subsidiary equity | -176,558,000 | 0 | 0 | 0 | -554,129,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income on the tax receivable agreements | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on the valuation of contingent value rights | -9,210,000 | -6,940,000 | -8,620,000 | -24,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
losses of launch equity | 1,925,000 | 557,000 | 884,000 | 598,000 | -1,555,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investments by launch equity | 54,716,000 | 23,956,000 | 12,310,000 | 56,880,000 | 33,016,000 | 62,197,000 | 29,550,000 | 22,204,000 | |||||||||||||||||||||||||||||||||||||||||||||
purchase of investments by launch equity | -42,674,000 | -19,642,000 | -9,862,000 | -48,094,000 | -32,248,000 | -59,675,000 | -26,632,000 | -22,109,000 | |||||||||||||||||||||||||||||||||||||||||||||
net change in operating assets and liabilities of launch equity | 37,447,000 | -4,314,000 | -3,603,000 | -10,611,000 | -768,000 | -2,729,000 | -2,943,000 | -3,013,000 | |||||||||||||||||||||||||||||||||||||||||||||
repayment under revolving credit facility | 0 | 0 | 0 | -90,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of class a common units | 0 | 0 | 0 | -76,319,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
capital invested into launch equity | 0 | 0 | 1,155,000 | 1,825,000 | 0 | 0 | 100,000 | 3,050,000 | |||||||||||||||||||||||||||||||||||||||||||||
capital distributed by launch equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of preferred stock | 0 | 0 | 0 | 74,748,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
establishment of deferred tax assets - ipo | |||||||||||||||||||||||||||||||||||||||||||||||||||||
establishment of amounts payable under tax receivable agreements - ipo | |||||||||||||||||||||||||||||||||||||||||||||||||||||
establishment of deferred tax assets - post-ipo | |||||||||||||||||||||||||||||||||||||||||||||||||||||
establishment of amounts payable under tax receivable agreements - post-ipo | |||||||||||||||||||||||||||||||||||||||||||||||||||||
establishment of contingent value rights | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on interest rate swap | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest rate swap | |||||||||||||||||||||||||||||||||||||||||||||||||||||
principle payments on note payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from draw on revolving credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest on interest rate swap | |||||||||||||||||||||||||||||||||||||||||||||||||||||
establishment of deferred tax assets - follow-on | |||||||||||||||||||||||||||||||||||||||||||||||||||||
establishment of amounts payable under tax receivable agreements - follow-on | |||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of securities in-kind into launch equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on note payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||
initial establishment of deferred tax assets | 0 | 0 | 70,862,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
initial establishment of amounts payable under tax receivable agreements | 0 | 0 | 53,449,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
initial establishment of contingent value rights | 0 | 0 | 55,440,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(gains) losses of launch equity | 1,210,000 | -4,779,000 |