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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method
The computation of basic and diluted earnings per share under the two-class method for the three and six months ended June 30, 2019 and 2018 were as follows:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
Basic and Diluted Earnings Per Share
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net income attributable to APAM
$
39,188

 
$
42,006

 
$
70,727

 
$
83,280

Less: Allocation to participating securities
5,340

 
6,852

 
12,524

 
11,775

Net income available to common stockholders
$
33,848

 
$
35,154

 
$
58,203

 
$
71,505

Denominator:

 
 
 
 
 
 
Weighted average shares outstanding
51,242,911

 
49,041,113

 
50,697,329

 
48,205,418

Earnings per share
$
0.66

 
$
0.72

 
$
1.15

 
$
1.48


Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The following table summarizes the weighted-average shares outstanding that are excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
Anti-Dilutive Weighted Average Shares Outstanding
2019
 
2018
 
2019
 
2018
Holdings limited partnership units
21,707,968

 
23,025,899

 
22,143,682

 
23,787,797

Unvested restricted share-based awards
5,162,101

 
5,163,590

 
5,019,710

 
4,865,493

Total
26,870,069

 
28,189,489

 
27,163,392

 
28,653,290