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Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024 and 2023 were as follows:

			For the Three Months Ended March 31,
Basic and Diluted Earnings Per Share			2024						2023
Numerator:
Net income attributable to APAM			$	59,481					$	50,753
Less: Allocation to participating securities			5,464						4,952
Net income available to common stockholders			$	54,017					$	45,801
Denominator:
Basic weighted average shares outstanding			64,319,977						63,231,797
Dilutive effect of nonparticipating share-based awards			35,270						15,366
Diluted weighted average shares outstanding			64,355,247						63,247,163
Earnings per share - Basic			$	0.84					$	0.72
Earnings per share - Diluted			$	0.84					$	0.72

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			2024						2023
Holdings limited partnership units			10,903,365						11,562,980
Unvested restricted share-based awards			5,473,187						5,538,027
Total			16,376,552						17,101,007

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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.

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

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-Topic 260
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