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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Total revenues $ 202,961 $ 212,788 $ 590,650 $ 637,092
Operating Expenses        
Compensation and benefits 99,847 102,741 300,615 314,709
Distribution, servicing and marketing 5,929 6,566 17,168 20,422
Occupancy 5,214 5,337 18,122 13,564
Communication and technology 9,788 9,556 29,485 27,182
General and administrative 6,635 6,751 21,122 20,515
Total operating expenses 127,413 130,951 386,512 396,392
Total operating income 75,548 81,837 204,138 240,700
Non-operating income (expense)        
Interest expense (2,760) (2,823) (8,362) (8,445)
Net investment gain (loss) of consolidated investment products 619 238 5,008 9,464
Other investment gain (loss) 1,007 1,386 4,347 2,500
Net gain (loss) on the tax receivable agreements (19,557) 251 (19,557) 251
Total non-operating income (expense) (20,691) (948) (18,564) 3,770
Income before income taxes 54,857 80,889 185,574 244,470
Provision for income taxes (7,355) 14,172 13,571 38,444
Net income before noncontrolling interests 62,212 66,717 172,003 206,026
Less: Net income attributable to noncontrolling interests - Artisan Partners Holdings 20,556 24,021 57,660 73,380
Less: Net income attributable to noncontrolling interests - consolidated investment products 400 178 2,360 6,848
Net income attributable to Artisan Partners Asset Management Inc. $ 41,256 $ 42,518 $ 111,983 $ 125,798
Basic and diluted earnings per share (in dollars per share) $ 0.71 $ 0.77 $ 1.87 $ 2.27
Basic and diluted weighted average number of common share outstanding (in shares) 51,448,938 49,399,553 50,950,618 48,607,837
Dividends declared per Class A common share (in dollars per share) $ 0.60 $ 0.60 $ 2.74 $ 2.59
Management fees        
Total revenues $ 202,806 $ 212,738 $ 586,070 $ 634,733
Performance fees        
Total revenues $ 155 $ 50 $ 4,580 $ 2,359