XML 111 R39.htm IDEA: XBRL DOCUMENT v3.25.0.1

EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Antidilutive Securities Excluded from Earnings per Share Computation

The computation of diluted earnings per share excludes the following restricted units and AOG Units as their effect would have been anti-dilutive under the treasury stock method:

									Year ended December 31,
															2024						2023						2022
Restricted units															N/A						2,071						N/A
AOG Units															N/A						118,804,252						N/A

Schedule of the Computation of Basic and Diluted Earnings per Common Share

The following table presents the computation of basic and diluted earnings per common share:

									Year ended December 31,
															2024						2023						2022
Basic earnings per share of Class A and non-voting common stock:
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders															$	440,961					$	474,326					$	167,541
Dividends declared and paid on Class A and non-voting common stock															(742,970)						(571,923)						(429,104)
Distributions on unvested restricted units															(30,766)						(21,303)						(14,096)
Dividends in excess of earnings available to Class A and non-voting common stockholders															$	(332,775)					$	(118,900)					$	(275,659)
Basic weighted-average shares of Class A and non-voting common stock															198,054,451						184,523,524						175,510,798
Dividends in excess of earnings per share of Class A and non-voting common stock															$	(1.68)					$	(0.64)					$	(1.57)
Dividend declared and paid per Class A and non-voting common stock															3.72						3.08						2.44
Basic earnings per share of Class A and non-voting common stock															$	2.04					$	2.44					$	0.87
Diluted earnings per share of Class A and non-voting common stock:
Net income attributable to Ares Management Corporation Class A and non-voting common stockholders															$	440,961					$	474,326					$	167,541
Distributions on unvested restricted units															(30,766)						—						(14,096)
Net income available to Class A and non-voting common stockholders															$	410,195					$	474,326					$	153,445
Effect of dilutive shares:
Restricted units															—						9,347,318						—
Options															—						1,902,584						—
Diluted weighted-average shares of Class A and non-voting common stock															198,054,451						195,773,426						175,510,798
Diluted earnings per share of Class A and non-voting common stock															$	2.04					$	2.42					$	0.87

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration