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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Revenue from Contracts with Customers $ 975,131 $ 993,285 $ 1,227,236
Total revenues 975,131 993,285 1,227,236
Operating Expenses      
Compensation and benefits 529,395 510,382 563,054
Distribution, servicing and marketing 23,621 24,612 31,719
Occupancy 28,931 28,833 21,942
Communication and technology 51,742 50,257 43,899
General and administrative 37,850 35,104 26,131
Total operating expenses 671,539 649,188 686,745
Operating Income (Loss), Total 303,592 344,097 540,491
Non-operating income (expense)      
Interest expense (8,571) (9,912) (10,803)
Interest income on cash and cash equivalents and other 6,301 333 559
Net gain on the tax receivable agreements 505 913 358
Total non-operating income (expense) 80,100 (32,262) 11,059
Income before income taxes 383,692 311,835 551,550
Provision for income taxes 71,888 63,450 107,026
Net income before noncontrolling interests 311,804 248,385 444,524
Less: Net income attributable to noncontrolling interests - Artisan Partners Holdings 49,522 49,123 96,879
Less: Net income (loss) attributable to noncontrolling interests - consolidated investment products 39,993 (7,493) 11,129
Net income attributable to Artisan Partners Asset Management Inc. $ 222,289 $ 206,755 $ 336,516
Earnings per share - Basic $ 3.19 $ 2.94 $ 5.10
Earnings per share - Diluted $ 3.19 $ 2.94 $ 5.09
Basic weighted average number of common shares outstanding 63,451,932 62,475,960 59,866,790
Diluted weighted average number of common shares outstanding 63,486,479 62,498,509 59,881,039
Dividends declared per Class A common share $ 2.66 $ 3.67 $ 4.23
Variable Interest Entity, Primary Beneficiary      
Non-operating income (expense)      
Gain (Loss) on Investments $ 62,702 $ (6,990) $ 19,748
Consolidated Entity, Excluding VIE      
Non-operating income (expense)      
Gain (Loss) on Investments 19,163 (16,606) 1,197
Management fees      
Revenues      
Revenue from Contracts with Customers 970,812 992,728 1,213,924
Performance fees      
Revenues      
Revenue from Contracts with Customers $ 4,319 $ 557 $ 13,312