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EARNINGS PER SHARE CALCULATIONS | 9 Months Ended
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Sep. 30, 2024
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, Inc. 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) | 9/30/2024 |  | 9/30/2023 |  | 9/30/2024 |  | 9/30/2023
Net income attributable to T. Rowe Price Group, Inc. | $ | 603.0 |  |  | $ | 453.2 |  |  | $ | 1,660.2 |  |  | $ | 1,351.1 |
Less: net income allocated to outstanding restricted stock and stock unit holders | 15.5 |  |  | 10.6 |  |  | 44.2 |  |  | 32.7 |
Net income allocated to common stockholders | $ | 587.5 |  |  | $ | 442.6 |  |  | $ | 1,616.0 |  |  | $ | 1,318.4 |
Weighted-average common shares |  |  |  |  |  |  |
Outstanding | 222.3 |  |  | 224.1 |  |  | 223.0 |  |  | 224.3 |
Outstanding assuming dilution | 222.8 |  |  | 224.8 |  |  | 223.5 |  |  | 225.1 |

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