Noncontrolling interest - Holdings (Tables)

3 Months Ended

Mar. 31, 2020

For the three months ended March 31, 2020, APAM’s equity ownership interest in Holdings increased as a result of the following transactions:


	Holdings GP Units	Limited Partnership Units	Total	APAM Ownership %
Balance at December 31, 2019	56,429,825	21,372,029	77,801,854	73	%
2020 Follow-On Offering	1,802,326	(1,802,326)	—	2	%
Holdings Common Unit Exchanges	1,626,611	(1,626,611)	—	2	%
Issuance of APAM Restricted Shares⁽¹⁾	916,085	—	916,085	—	%
Delivery of Shares Underlying RSUs⁽¹⁾	24,233	—	24,233	—	%
Restricted Share Award Net Share Settlement ⁽¹⁾	(126,971)	—	(126,971)	—	%
Forfeitures of Holdings GP Units from Employee Terminations ⁽¹⁾	(24,778)	—	(24,778)	—	%
Balance at March 31, 2020	60,647,331	17,943,092	78,590,423	77	%

⁽¹⁾ The impact of the transaction on APAM’s ownership percentage was less than 1%.

The reallocation of equity had the following impact on the Unaudited Condensed Consolidated Statements of Financial Condition:


Statement of Financial Condition	For the Three Months Ended March 31,
			2020			2019
Additional paid-in capital	$	521		$	(91)
Noncontrolling interests - Artisan Partners Holdings	(401)			116
Accumulated other comprehensive income (loss)	(120)			(25)
Net impact to financial condition	$	—		$	—