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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
Management fees $ 184,006 $ 198,233 $ 538,522 $ 611,888
Performance fees 75 80 856 1,573
Total revenues 184,081 198,313 539,378 613,461
Compensation and benefits        
Salaries, incentive compensation and benefits 89,585 91,159 265,076 283,294
Pre-offering related compensation - share-based awards 6,786 10,532 21,741 31,596
Total compensation and benefits 96,371 101,691 286,817 314,890
Distribution and marketing 8,080 10,612 24,642 34,010
Occupancy 3,321 3,113 9,688 9,079
Communication and technology 8,230 6,339 23,927 17,993
General and administrative 6,170 6,003 18,657 20,792
Total operating expenses 122,172 127,758 363,731 396,764
Total operating income 61,909 70,555 175,647 216,697
Non-operating income (loss)        
Interest expense (2,924) (2,971) (8,763) (8,828)
Net investment income (loss) 862 14 908 439
Net gain (loss) on the tax receivable agreements 650 (5,820) 650 (12,247)
Total non-operating income (loss) (1,412) (8,777) (7,205) (20,636)
Income before income taxes 60,497 61,778 168,442 196,061
Provision for income taxes 15,110 11,630 39,261 33,209
Net income before noncontrolling interests 45,387 50,148 129,181 162,852
Less: Net income attributable to noncontrolling interests - Artisan Partners Holdings 26,301 31,674 75,450 101,128
Net income attributable to Artisan Partners Asset Management Inc. $ 19,086 $ 18,474 $ 53,731 $ 61,724
Earnings (loss) per share        
Basic and diluted earnings (loss) per share $ 0.41 $ 0.44 $ 1.15 $ 1.38
Weighted average number of common shares outstanding        
Basic and diluted weighted average number of common shares outstanding 38,646,194 36,430,820 37,883,039 35,032,841
Dividends declared per Class A common share $ 0.60 $ 0.60 $ 2.20 $ 2.75