Artisan Partners Asset Management Inc.APAM
| Dec 31,
2013 | Dec 31,
2014 | Dec 31,
2015 | Dec 31,
2016 | Dec 31,
2017 | Dec 31,
2018 | Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
|---|
| Net income before noncontrolling interests | 200 | 239 | 212 | 173 | 151 | 254 | 241 | 309 | 445 | 248 | 312 | 350 |
|---|
| Depreciation and amortization | 3 | 3 | 5 | 5 | 5 | 6 | 6 | 7 | 7 | 8 | 9 | 10 |
|---|
| Deferred income taxes | 9 | 18 | 17 | 34 | 395 | 25 | 7 | 28 | 38 | 30 | 42 | 44 |
|---|
| Asset impairment | - | - | - | - | - | - | 2 | 1 | - | 1 | - | 1 |
|---|
| Noncash lease expense | -0 | -0 | -0 | 0 | 2 | 4 | 2 | -1 | -2 | 2 | -0 | -1 |
|---|
| Net investment (gain) loss on nonconsolidated investment securities | - | - | - | - | - | - | - | - | 2 | -17 | 19 | 21 |
|---|
| Net (gain) loss on the tax receivable agreements | - | 4 | 12 | -1 | -291 | -0 | 20 | 5 | -0 | -1 | -1 | 1 |
|---|
| Loss on disposal of property and equipment | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
|---|
| Amortization of debt issuance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|---|
| Share-based compensation | - | - | 80 | 72 | 63 | 54 | 43 | 37 | 40 | 42 | 34 | 32 |
|---|
| Net investment (gain) loss of consolidated investment products | - | - | - | - | - | - | 10 | 26 | 20 | -7 | 63 | 52 |
|---|
| Purchase of investments by consolidated investment products | - | - | - | - | - | - | 123 | 191 | 252 | 336 | 406 | 377 |
|---|
| Proceeds from sale of investments by consolidated investment products | - | - | - | - | - | - | 75 | 138 | 197 | 212 | 282 | 281 |
|---|
| Net change in operating assets and liabilities of consolidated investment products including net investment income | - | - | - | - | - | - | - | - | - | -46 | -35 | -78 |
|---|
| Accounts receivable | 18 | 6 | -9 | -0 | 17 | -9 | 14 | 18 | 16 | -17 | -0 | 17 |
|---|
| Prepaid expenses and other assets | 2 | 2 | 3 | 5 | -2 | 2 | -1 | 6 | 3 | -3 | 0 | -1 |
|---|
| Accounts payable and accrued expenses | -2 | 13 | -0 | -4 | -9 | 10 | 7 | 2 | -1 | 16 | 27 | 43 |
|---|
| Net cash provided by operating activities | 112 | 398 | 321 | 270 | 204 | 333 | 293 | 319 | 399 | 313 | 253 | 373 |
|---|
| Acquisition of property and equipment | 2 | 5 | 4 | 3 | 2 | 3 | 3 | 2 | 2 | 7 | 2 | 2 |
|---|
| Payments For Leasehold Improvements | - | - | - | - | - | - | 14 | 1 | 4 | 13 | 6 | 3 |
|---|
| Proceeds from sale of investment securities | 17 | 12 | 3 | 9 | 6 | - | 0 | 24 | 13 | 5 | 6 | 12 |
|---|
| Purchase of investment securities | 5 | 10 | 7 | 4 | 5 | 1 | 0 | 2 | 34 | 49 | 35 | 32 |
|---|
| Net cash used in investing activities | 9 | -8 | -11 | -2 | -5 | -14 | -18 | 19 | -27 | -64 | -38 | -25 |
|---|
| Partnership distributions | - | - | - | 134 | 116 | 103 | 95 | 86 | 93 | 57 | 45 | 49 |
|---|
| Dividends paid | 15 | 100 | 124 | 115 | 131 | 168 | 188 | 203 | 275 | 249 | 183 | 222 |
|---|
| Payment of debt issuance costs | - | - | - | - | 1 | - | 0 | - | - | 1 | - | - |
|---|
| Proceeds from issuance of notes payable | - | - | - | - | 60 | - | 50 | - | - | 90 | - | - |
|---|
| Principal payments on notes payable | - | - | - | - | 60 | - | 50 | - | - | 90 | - | - |
|---|
| Tax Receivable Agreement Payments | - | - | - | - | 30 | 36 | 25 | 27 | 31 | 33 | 36 | 37 |
|---|
| Taxes paid related to employee net share settlement | - | 0 | 1 | 1 | 1 | 3 | 2 | 5 | 9 | 8 | 7 | 7 |
|---|
| Capital Contributions to Consolidated Investment Products | - | - | - | - | - | - | 4 | 38 | 73 | 41 | 96 | 60 |
|---|
| Net cash used in financing activities | -50 | -420 | -326 | -278 | -219 | -263 | -307 | -282 | -335 | -306 | -175 | -254 |
|---|
| Net increase (decrease) in cash and cash equivalents | - | - | - | - | - | 55 | -31 | 55 | 36 | -58 | 40 | 94 |
|---|
| Establishment of deferred tax assets | - | 387 | 516 | 34 | 146 | 25 | 36 | 78 | 54 | 9 | 3 | 19 |
|---|
| Establishment of amounts payable under tax receivable agreements | - | 329 | 439 | 25 | 120 | 20 | 31 | 64 | 44 | 6 | 1 | 14 |
|---|
| Transfer to Investments | - | - | - | - | - | - | - | 1 | 21 | 10 | 20 | 24 |
|---|
| Operating lease assets obtained in exchange for operating leases | - | - | - | - | - | - | 4 | 3 | 21 | 32 | 7 | 3 |
|---|
| Settlement of franchise capital liability via transfer of investment securities | - | - | - | - | - | - | - | - | - | - | 3 | 7 |
|---|
| Interest on borrowings | - | - | - | - | 11 | 11 | 11 | 10 | 10 | 10 | 8 | 8 |
|---|
| Income tax | 16 | 31 | 29 | 19 | 25 | 21 | 19 | 35 | 70 | 32 | 31 | 43 |
|---|