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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Note 19. Selected Quarterly Financial Data (Unaudited)
The following table presents unaudited quarterly results of operations for 2016 and 2015. These quarterly results reflect all normal recurring adjustments that are, in the opinion of management, necessary for a fair statement of the results. Revenues and net income can vary significantly from quarter to quarter due to the nature of Artisan’s business activities.
 
For the Quarters Ended
 
March 31, 2016
June 30, 2016
Sept. 30, 2016
Dec. 31, 2016
Total revenues
$
174,529

$
180,768

$
184,081

$
181,481

Operating income
$
54,725

$
59,013

$
61,909

$
58,587

Net income attributable to noncontrolling interests-Artisan Partners Holdings
$
24,057

$
25,092

$
26,301

$
24,521

Net income attributable to Artisan Partners Asset Management Inc.
$
16,261

$
18,384

$
19,086

$
19,299

Earnings per Share:
 
 
 
 
    Basic and diluted
$
0.35

$
0.38

$
0.41

$
0.42

 
For the Quarters Ended
 
March 31, 2015
June 30, 2015
Sept. 30, 2015
Dec. 31, 2015
Total revenues
$
203,575

$
211,573

$
198,313

$
192,008

Operating income
$
67,829

$
78,313

$
70,555

$
65,688

Net income attributable to noncontrolling interests-Artisan Partners Holdings
$
33,932

$
35,522

$
31,674

$
29,177

Net income attributable to Artisan Partners Asset Management Inc.
$
19,514

$
23,736

$
18,474

$
20,077

Earnings per Share:
 
 
 
 
    Basic and diluted
$
0.43

$
0.50

$
0.44

$
0.47

The summation of quarterly earnings per share does not equal annual earnings per share because the calculations are performed independently.