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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2023 and 2022 were as follows:

			For the Three Months Ended June 30,												For the Six Months Ended June 30,
Basic and Diluted Earnings Per Share			2023						2022						2023						2022
Numerator:
Net income attributable to APAM			$	53,625					$	44,279					$	104,378					$	109,712
Less: Allocation to participating securities			5,100						5,903						9,125						15,265
Net income available to common stockholders			$	48,525					$	38,376					$	95,253					$	94,447
Denominator:
Basic weighted average shares outstanding			63,503,389						62,320,372						63,368,343						62,180,483
Dilutive effect of nonparticipating share-based awards			16,651						30,011						16,009						30,665
Diluted weighted average shares outstanding			63,520,040						62,350,383						63,384,352						62,211,148
Earnings per share - Basic			$	0.76					$	0.62					$	1.50					$	1.52
Earnings per share - Diluted			$	0.76					$	0.62					$	1.50					$	1.52

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			2023						2022						2023						2022
Holdings limited partnership units			11,504,413						12,222,389						11,533,535						12,256,012
Unvested restricted share-based awards			5,590,721						5,690,631						5,564,520						5,546,840
Total			17,095,134						17,913,020						17,098,055						17,802,852

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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
-Subparagraph (c)
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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
-Topic 260
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-Publisher FASB
-Name Accounting Standards Codification
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