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Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

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 for the three months ended March 31, 2022 and 2021 were as follows:

			For the Three Months Ended March 31,
Basic and Diluted Earnings Per Share			2022						2021
Numerator:
Net income attributable to APAM			$	65,433					$	77,278
Less: Allocation to participating securities			9,431						7,139
Net income available to common stockholders			$	56,002					$	70,139
Denominator:
Basic weighted average shares outstanding			62,039,038						58,758,284
Dilutive effect of nonparticipating share-based awards			31,322						14,985
Diluted weighted average shares outstanding			62,070,360						58,773,269
Earnings per share - Basic			$	0.90					$	1.19
Earnings per share - Diluted			$	0.90					$	1.19

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 March 31,
Anti-Dilutive Weighted Average Shares Outstanding			2022						2021
Holdings limited partnership units			12,290,007						15,068,264
Unvested restricted share-based awards			5,317,845						5,333,755
Total			17,607,852						20,402,019

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Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

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-Publisher FASB
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Tabular disclosure of the effect of income (loss) on basic earnings per share.

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