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EARNINGS PER SHARE CALCULATIONS. | 6 Months Ended
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Jun. 30, 2020
Earnings Per Share [Abstract] |
EARNINGS PER SHARE CALCULATIONS | 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. No outstanding stock options had an anti-dilutive impact on the diluted earnings per common share calculation in the periods presented.
| Three months ended |  | Six months ended
(in millions) | 6/30/2020 |  | 6/30/2019 |  | 6/30/2020 |  | 6/30/2019
Net income attributable to T. Rowe Price Group | $ | 603.0 |  |  | $ | 527.5 |  |  | $ | 946.1 |  |  | $ | 1,040.1 |
Less: net income allocated to outstanding restricted stock and stock unit holders | 16.8 |  |  | 13.8 |  |  | 26.2 |  |  | 26.8 |
Net income allocated to common stockholders | $ | 586.2 |  |  | $ | 513.7 |  |  | $ | 919.9 |  |  | $ | 1,013.3 |
Weighted-average common shares |  |  |  |  |  |  |
Outstanding | 227.4 |  |  | 235.9 |  |  | 230.7 |  |  | 236.2 |
Outstanding assuming dilution | 229.5 |  |  | 239.2 |  |  | 233.1 |  |  | 239.4 |

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