XML 43 R33.htm IDEA: XBRL DOCUMENT v3.23.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
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, 2023 and 2022 were as follows:
For the Three Months Ended March 31,
Basic and Diluted Earnings Per Share20232022
Numerator:
Net income attributable to APAM$50,753 $65,433 
Less: Allocation to participating securities4,952 9,431 
Net income available to common stockholders$45,801 $56,002 
Denominator:
Basic weighted average shares outstanding63,231,797 62,039,038 
Dilutive effect of nonparticipating share-based awards15,366 31,322 
Diluted weighted average shares outstanding63,247,163 62,070,360 
Earnings per share - Basic $0.72 $0.90 
Earnings per share - Diluted$0.72 $0.90 
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 Outstanding20232022
Holdings limited partnership units11,562,980 12,290,007 
Unvested restricted share-based awards5,538,027 5,317,845 
Total17,101,007 17,607,852