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EARNINGS PER SHARE CALCULATIONS (Tables) | 9 Months Ended
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Sep. 30, 2021
Earnings Per Share [Abstract] |
Earnings per share reconciliation | The following table presents the reconciliation of net income attributable to T. Rowe Price 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 |  | Nine months ended
(in millions) | 9/30/2021 |  | 9/30/2020 |  | 9/30/2021 |  | 9/30/2020
Net income attributable to T. Rowe Price | $ | 777.2 |  |  | $ | 643.2 |  |  | $ | 2,342.3 |  |  | $ | 1,589.3 |
Less: net income allocated to outstanding restricted stock and stock unit holders | 19.5 |  |  | 17.9 |  |  | 61.6 |  |  | 44.1 |
Net income allocated to common stockholders | $ | 757.7 |  |  | $ | 625.3 |  |  | $ | 2,280.7 |  |  | $ | 1,545.2 |
Weighted-average common shares |  |  |  |  |  |  |
Outstanding | 226.9 |  |  | 227.0 |  |  | 227.2 |  |  | 229.5 |
Outstanding assuming dilution | 229.1 |  |  | 229.4 |  |  | 229.4 |  |  | 231.9 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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