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EARNINGS PER SHARE CALCULATIONS. (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings per share reconciliation

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