XML 61 R39.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Earnings Per Share [Abstract] |
Computation of basic and diluted net income (loss) per share | The computation of basic and diluted earnings per share for the years ended December 31, 2023, 2022 and 2021 were as follows:
| For the Years Ended December 31,
Basic and Diluted Earnings Per Share | 2023 |  | 2022 |  | 2021
Numerator: |  |  |  |  |
Net income attributable to APAM | $ | 222,289 |  |  | $ | 206,755 |  |  | $ | 336,516 |
Less: Allocation to participating securities | 19,880 |  |  | 22,801 |  |  | 31,430 |
Net income available to common stockholders | $ | 202,409 |  |  | $ | 183,954 |  |  | $ | 305,086 |
Denominator: |  |  |  |  |
Basic weighted average shares outstanding | 63,451,932 |  |  | 62,475,960 |  |  | 59,866,790 |
Dilutive effect of nonparticipating equity awards | 34,547 |  |  | 22,549 |  |  | 14,249 |
Diluted weighted average shares outstanding | 63,486,479 |  |  | 62,498,509 |  |  | 59,881,039 |
Earnings per share - Basic | $ | 3.19 |  |  | $ | 2.94 |  |  | $ | 5.10 |
Earnings per share - Diluted | $ | 3.19 |  |  | $ | 2.94 |  |  | $ | 5.09 |
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 Years Ended December 31,
Anti-Dilutive Weighted Average Shares Outstanding | 2023 |  | 2022 |  | 2021
Holdings limited partnership units | 11,505,766 |  |  | 12,022,633 |  |  | 14,167,538 |
Unvested restricted share-based awards | 5,572,690 |  |  | 5,601,756 |  |  | 5,410,221 |
Total | 17,078,456 |  |  | 17,624,389 |  |  | 19,577,759 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on basic earnings per share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482635/260-10-55-52 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration