XML 104 R43.htm IDEA: XBRL DOCUMENT v3.25.0.1
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2024
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, 2024, 2023 and 2022 were as follows:
 For the Years Ended December 31,
Basic and Diluted Earnings Per Share202420232022
Numerator:
Net income attributable to APAM$259,748 $222,289 $206,755 
Less: Allocation to participating securities22,303 19,880 22,801 
Net income available to common stockholders$237,445 $202,409 $183,954 
Denominator:
Basic weighted average shares outstanding64,900,228 63,451,932 62,475,960 
Dilutive effect of nonparticipating equity awards38,955 34,547 22,549 
Diluted weighted average shares outstanding64,939,183 63,486,479 62,498,509 
Earnings per share - Basic$3.66 $3.19 $2.94 
Earnings per share - Diluted$3.66 $3.19 $2.94 
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 Outstanding202420232022
Holdings limited partnership units10,502,502 11,505,766 12,022,633 
Unvested restricted share-based awards5,476,324 5,572,690 5,601,756 
Total15,978,826 17,078,456 17,624,389