XML 35 R21.htm IDEA: XBRL DOCUMENT v3.22.1
Earnings Per Common Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Common Share
14. Earnings Per Common Share
Basic and diluted net income (loss) per common share are calculated as follows:
 Three Months Ended
March 31, 2022
 BasicDiluted
Net income attributable to common shares$571,600,000 $571,600,000 
Weighted-average common shares outstanding357,574,838 363,010,282 
Net income per common share$1.60 $1.57 
Three Months Ended
March 31, 2021
BasicDiluted
Net loss attributable to common shares$869,300,000 $869,300,000 
Weighted-average common shares outstanding354,230,092 360,504,780 
Net income (loss) per common share$2.45 $2.41 

    The weighted-average common shares outstanding, basic and diluted, are calculated as follows:
 Three Months Ended
March 31, 2022
 BasicDiluted
The Carlyle Group Inc. weighted-average common shares outstanding357,574,838 357,574,838 
Unvested restricted stock units 3,695,350 
Issuable common shares and performance-vesting restricted stock units 1,740,094 
Weighted-average common shares outstanding357,574,838 363,010,282 
Three Months Ended
March 31, 2021
BasicDiluted
The Carlyle Group Inc. weighted-average common shares outstanding354,230,092 354,230,092 
Unvested restricted stock units— 4,422,988 
Issuable common shares and performance-vesting restricted stock units— 1,851,700 
Weighted-average common shares outstanding354,230,092 360,504,780 
The Company applies the treasury stock method to determine the dilutive weighted-average common shares represented by the unvested restricted stock units. Also included in the determination of dilutive weighted-average common shares are issuable common shares associated with the Company’s acquisitions, strategic investment in NGP, performance-vesting restricted stock units and issuable common shares associated with a program under which the Company may distribute realized performance allocation related compensation in fully vested, newly issued shares (see Note 15 to the condensed consolidated financial statements).