XML 41 R28.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
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, 2019June 30, 2019Sept. 30, 2019Dec. 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, 2018June 30, 2018Sept. 30, 2018Dec. 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.