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Selected Quarterly Financial Data (Unaudited) | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Data (Unaudited) | Note 20. Selected Quarterly Financial Data (Unaudited) The following table presents unaudited quarterly results of operations for 2019 and 2018. 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, 2019 | June 30, 2019 | Sept. 30, 2019 | Dec. 31, 2019
Total revenues | $ | 186,962 |  | $ | 200,727 |  | $ | 202,961 |  | $ | 208,302 |
Operating income | $ | 57,732 |  | $ | 70,858 |  | $ | 75,548 |  | $ | 79,317 |
Net income attributable to noncontrolling interests-Artisan Partners Holdings | $ | 17,309 |  | $ | 19,795 |  | $ | 20,556 |  | $ | 22,395 |
Net income attributable to noncontrolling interests- consolidated investment products | $ | 970 |  | $ | 990 |  | $ | 400 |  | $ | 2,506 |
Net income attributable to Artisan Partners Asset Management Inc. | $ | 31,539 |  | $ | 39,188 |  | $ | 41,256 |  | $ | 44,553 |
Earnings per basic and diluted share: | $ | 0.47 |  | $ | 0.66 |  | $ | 0.71 |  | $ | 0.76 |
| For the Quarters Ended |  |  |
| March 31, 2018 | June 30, 2018 | Sept. 30, 2018 | Dec. 31, 2018
Total revenues | $ | 212,008 |  | $ | 212,296 |  | $ | 212,788 |  | $ | 191,543 |
Operating income | $ | 79,986 |  | $ | 78,877 |  | $ | 81,837 |  | $ | 64,241 |
Net income attributable to noncontrolling interests-Artisan Partners Holdings | $ | 26,052 |  | $ | 23,307 |  | $ | 24,021 |  | $ | 17,674 |
Net income (loss) attributable to noncontrolling interests- consolidated investment products | $ | 4,338 |  | $ | 2,332 |  | $ | 178 |  | $ | (2,021) |
Net income attributable to Artisan Partners Asset Management Inc. | $ | 41,274 |  | $ | 42,006 |  | $ | 42,518 |  | $ | 32,511 |
Earnings per basic and diluted share: | $ | 0.75 |  | $ | 0.72 |  | $ | 0.77 |  | $ | 0.57 |
The summation of quarterly earnings per share does not equal annual earnings per share because the calculations are performed independently.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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