XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue from contract with customers $ 277,147 $ 264,351
Total revenues 277,147 264,351
Operating Expenses    
Compensation and benefits 155,161 149,880
Distribution, servicing and marketing 6,432 6,391
Occupancy 7,378 7,281
Communication and technology 12,883 13,502
General and administrative 8,758 9,654
Total operating expenses 190,612 186,708
Total operating income 86,535 77,643
Interest Expense, Nonoperating 2,054 2,061
Non-operating income (expense)    
Interest income on cash and cash equivalents and other 1,943 1,778
Total non-operating income (expense) 10,807 31,026
Income before income taxes 97,342 108,669
Provision for income taxes 20,007 21,965
Net income before noncontrolling interests 77,335 86,704
Less: Net income attributable to noncontrolling interests - Artisan Partners Holdings 11,909 12,935
Less: Net income (loss) attributable to noncontrolling interests - consolidated investment products 4,287 14,288
Net income attributable to Artisan Partners Asset Management Inc. $ 61,139 $ 59,481
Basic earnings per share (in dollars per share) $ 0.82 $ 0.84
Diluted earnings per share (in dollars per share) $ 0.82 $ 0.84
Basic weighted average number of common shares outstanding (in shares) 65,373,285 64,319,977
Diluted weighted average number of common shares outstanding (in shares) 65,373,285 64,355,247
Dividends declared per Class A common share (in dollars per share) $ 1.34 $ 1.02
Variable Interest Entity, Primary Beneficiary    
Non-operating income (expense)    
Net investment gain (loss) $ 7,101 $ 19,184
Consolidated Entity Excluding Variable Interest Entities (VIE)    
Non-operating income (expense)    
Net investment gain (loss) 3,817 12,125
Management fees    
Revenue from contract with customers 277,147 264,322
Performance fees    
Revenue from contract with customers $ 0 $ 29