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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue from contract with customer $ 316,574 $ 232,753 $ 912,200 $ 638,531
Total revenues 316,574 232,753 912,200 638,531
Operating Expenses        
Compensation and benefits 142,235 108,657 419,713 315,578
Distribution, servicing and marketing 8,131 6,252 23,707 17,155
Occupancy 5,560 6,338 16,260 16,740
Communication and technology 10,873 9,672 31,150 28,559
General and administrative 6,717 4,589 18,700 15,667
Total operating expenses 173,516 135,508 509,530 393,699
Total operating income 143,058 97,245 402,670 244,832
Non-operating income (expense)        
Interest expense (2,711) (2,718) (8,116) (8,118)
Net gain (loss) on the tax receivable agreements 358 238 358 238
Total non-operating income (expense) (1,638) 5,896 12,332 (634)
Income before income taxes 141,420 103,141 415,002 244,198
Provision for income taxes 28,054 18,448 78,137 44,155
Net income before noncontrolling interests 113,366 84,693 336,865 200,043
Less: Net income attributable to noncontrolling interests - Artisan Partners Holdings 24,796 21,547 74,064 55,791
Less: Net income (loss) attributable to noncontrolling interests - consolidated investment products 2,157 4,619 10,903 4,749
Net income attributable to Artisan Partners Asset Management Inc. $ 86,413 $ 58,527 $ 251,898 $ 139,503
Basic earnings per share (in dollars per share) $ 1.30 $ 0.93 $ 3.84 $ 2.22
Diluted earnings per share (in dollars per share) $ 1.30 $ 0.93 $ 3.84 $ 2.22
Basic weighted average number of common shares outstanding (in shares) 59,965,549 56,402,503 59,519,634 55,188,563
Diluted weighted average number of common shares outstanding (in shares) 59,982,774 56,408,272 59,535,894 55,190,486
Dividends declared per Class A common share (in dollars per share) $ 1.00 $ 0.67 $ 3.16 $ 2.56
Variable Interest Entity, Primary Beneficiary        
Non-operating income (expense)        
Net investment gain (loss) $ 2,824 $ 7,798 $ 18,068 $ 7,751
Consolidated Entity, Excluding VIE        
Non-operating income (expense)        
Net investment gain (loss) (2,109) 578 2,022 (505)
Management fees        
Revenue from contract with customer 316,176 232,474 901,011 627,305
Performance fees        
Revenue from contract with customer $ 398 $ 279 $ 11,189 $ 11,226