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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2022 and 2021 were as follows:

			For the Three Months Ended June 30,												For the Six Months Ended June 30,
Basic and Diluted Earnings Per Share			2022						2021						2022						2021
Numerator:
Net income attributable to APAM			$	44,279					$	88,207					$	109,712					$	165,485
Less: Allocation to participating securities			5,903						8,765						15,265						15,120
Net income available to common stockholders			$	38,376					$	79,442					$	94,447					$	150,365
Denominator:
Basic weighted average shares outstanding			62,320,372						59,821,804						62,180,483						59,292,982
Dilutive effect of nonparticipating share-based awards			30,011						16,570						30,665						15,777
Diluted weighted average shares outstanding			62,350,383						59,838,374						62,211,148						59,308,759
Earnings per share - Basic			$	0.62					$	1.33					$	1.52					$	2.54
Earnings per share - Diluted			$	0.62					$	1.33					$	1.52					$	2.54

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			2022						2021						2022						2021
Holdings limited partnership units			12,222,389						14,255,722						12,256,012						14,659,748
Unvested restricted share-based awards			5,690,631						5,577,070						5,546,840						5,463,556
Total			17,913,020						19,832,792						17,802,852						20,123,304

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- Definition

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.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
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- Definition

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

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
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