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Business Description Organization and Basis of Presentation (Tables)
9 Months Ended
Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Ownership Structure of AB as a Percentage of General and Limited Partnership Interests
As of September 30, 2016, the ownership structure of AB, expressed as a percentage of general and limited partnership interests, is as follows:

AXA and its subsidiaries
63.6
%
AB Holding
35.1

Unaffiliated holders
1.3

 
100.0
%
Summary of Revision
The tables below reflect the revisions to these line items for the three months and nine months ended September 30, 2015 presented in this Form 10-Q, as well as the six months ended June 30, 2016, which impacted the financial results for the nine months ended September 30, 2016. Other periods that have been revised, including the three months ended June 30, 2016, will appear in our future annual and quarterly filings.

 
 
Three Months Ended September 30, 2015
 
 
As Reported
 
Adjustment
 
As Revised
 
 
(in thousands, except per unit amounts)
 
 
 
 
 
 
 
Income taxes
 
$
10,146

 
$
1,668

 
$
11,814

Net income attributable to AB Unitholders
 
134,976

 
(1,668
)
 
133,308

Basic net income per AB Unit
 
0.49

 

 
0.49

Diluted net income per AB Unit
 
0.49

 
(0.01
)
 
0.48



 
 
Nine Months Ended September 30, 2015
 
 
As Reported
 
Adjustment
 
As Revised
 
 
(in thousands, except per unit amounts)
 
 
 
 
 
 
 
Income taxes
 
$
29,769

 
$
5,006

 
$
34,775

Net income attributable to AB Unitholders
 
425,539

 
(5,006
)
 
420,533

Basic net income per AB Unit
 
1.55

 
(0.02
)
 
1.53

Diluted net income per AB Unit
 
1.54

 
(0.02
)
 
1.52


 
 
Six Months Ended June 30, 2016
 
 
As Reported
 
Adjustment
 
As Revised
 
 
(in thousands, except per unit amounts)
 
 
 
 
 
 
 
Income taxes
 
$
20,452

 
$
5,285

 
$
25,737

Net income attributable to AB Unitholders
 
296,070

 
(5,285
)
 
290,785

Basic net income per AB Unit
 
1.08

 
(0.02
)
 
1.06

Diluted net income per AB Unit
 
1.08

 
(0.02
)
 
1.06