| 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, 2026 and 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | Basic and Diluted Earnings Per Share | 2026 | | 2025 | | 2026 | | 2025 | | Numerator: | | | | | | | | | Net income attributable to APAM | $ | 80,828 | | | $ | 67,555 | | | $ | 138,869 | | | $ | 128,694 | | | Less: Allocation to participating securities | 6,953 | | | 5,974 | | | 13,051 | | | 11,886 | | | Net income available to common stockholders | $ | 73,875 | | | $ | 61,581 | | | $ | 125,818 | | | $ | 116,808 | | | Denominator: | | | | | | | | | Basic weighted average shares outstanding | 66,355,850 | | | 65,645,108 | | | 66,241,557 | | | 65,509,947 | | | Dilutive effect of nonparticipating share-based awards | — | | | — | | | — | | | — | | | Diluted weighted average shares outstanding | 66,355,850 | | | 65,645,108 | | | 66,241,557 | | | 65,509,947 | | | Earnings per share - Basic | $ | 1.11 | | | $ | 0.94 | | | $ | 1.90 | | | $ | 1.78 | | | Earnings per share - Diluted | $ | 1.11 | | | $ | 0.94 | | | $ | 1.90 | | | $ | 1.78 | |
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| 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 | 2026 | | 2025 | | 2026 | | 2025 | | Holdings limited partnership units | 10,064,323 | | | 10,235,519 | | | 10,098,500 | | | 10,254,947 | | | Unvested restricted share-based awards | 5,212,541 | | | 5,366,155 | | | 5,150,928 | | | 5,379,080 | | | Total | 15,276,864 | | | 15,601,674 | | | 15,249,428 | | | 15,634,027 | |
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