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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 50,006$ 77,061
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization1,8632,012
Deferred compensation4,3172,982
Share-based compensation17,7489,670
Deferred income taxes1,7564,146
(Gains) losses on investments and derivatives7,747(727)
Changes in assets and liabilities:  
Purchases by the Consolidated Investment Products and of other seed money investments(101,361)(9,879)
Proceeds from sales or maturities by the Consolidated Investment Products and from other seed money investments66,712430
Due to prime broker by the Consolidated Investment Products271 
Fees receivable and accrued fees, net of allowance for doubtful accounts12,7613,116
Income taxes receivable(4,465)(4,950)
Other assets(1,658)632
Accrued compensation and benefits(14,086)(4,557)
Accounts payable and accrued expenses(2,137)(1,998)
Accrued income taxes payable(338)(8,652)
Due under tax receivable agreement(4,966) 
Other liabilities1364,670
Net cash provided by operating activities34,30673,956
Cash flows from investing activities:  
Purchase of Artio Global funds held for deferred compensation(7,115)(4,908)
Proceeds from redemptions of Artio Global funds held for deferred compensation4,9153,809
Purchase of fixed assets(1,439)(957)
Net cash used in investing activities(3,639)(2,056)
Cash flows from financing activities:  
Repayments of borrowing under term credit facility(13,500) 
Proceeds from secondary offering 69,290
Repurchase and retirement of Class A common stock(6,784)(77,253)
Contributions from non-controlling interests in the Consolidated Investment Products13,759 
Distribution paid to GAM Holding AG (40,100)
Distributions paid to non-controlling interests in Holdings(1,690)(12,382)
Cash dividends paid(10,510)(8,871)
Net cash used in financing activities(18,725)(69,316)
Effect of exchange rates on cash(14)13
Net increase in cash11,9282,597
Cash:  
Beginning of period80,04360,842
End of period91,97163,439
Cash paid during period for:  
Income taxes, net of refunds44,45959,091
Interest expense1,6321,487
Non-cash transactions:  
Net benefit from step-up in tax basis (24,176)
Exchange of New Class A Units for Shares of Class A common stock (3,267)
Cancelation of Class B common stock 14
Conversion of Class C common stock to Class A common stock$ (151)