EARNINGS PER SHARE CALCULATIONS.

The following table presents the reconciliation of net income attributable to T. Rowe Price Group to net income allocated to our common stockholders and the weighted-average shares that are used in calculating the basic and diluted earnings per share on our common stock. Weighted-average common shares outstanding assuming dilution reflects the potential dilution, determined using the treasury stock method, that could occur if outstanding stock options were exercised and non-participating stock awards vested.



	Three months ended				Nine months ended
(in millions)	9/30/2017		9/30/2018		9/30/2017		9/30/2018
Net income attributable to T. Rowe Price Group	$	390.9	$	583.0	$	1,150.7	$	1,485.6
Less: net income allocated to outstanding restricted stock and stock unit holders	8.8		13.7		26.0		34.8
Net income allocated to common stockholders	$	382.1	$	569.3	$	1,124.7	$	1,450.8

Weighted-average common shares
Outstanding	240.3		242.8		240.7		243.1
Outstanding assuming dilution	244.4		247.5		244.3		248.2

The following table shows the weighted-average outstanding stock options that are excluded from the calculation of diluted earnings per common share as the inclusion of such shares would be anti-dilutive.



	Three months ended		Nine months ended
(in millions)	9/30/2017	9/30/2018	9/30/2017	9/30/2018
Weighted-average outstanding stock options excluded	2.1	—	6.7	—