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Earnings (Loss) Per Share (Tables) | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Earnings Per Share | The computation of basic and diluted EPS is as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands, except per share amounts) | 2022 |  | 2021 |  | 2022 |  | 2021
Net Income (Loss) | $ | 27,415 |  |  | $ | 72,511 |  |  | $ | 80,793 |  |  | $ | 200,822 |
Noncontrolling interests | 4,265 |  |  | (13,775) |  |  | 1,348 |  |  | (42,531) |
Net Income (Loss) Attributable to Virtus Investment Partners, Inc. | $ | 31,680 |  |  | $ | 58,736 |  |  | $ | 82,141 |  |  | $ | 158,291 |
Shares (in thousands): |  |  |  |  |  |  |
Basic: Weighted-average number of shares outstanding | 7,308 |  |  | 7,691 |  |  | 7,434 |  |  | 7,688 |
Plus: Incremental shares from assumed conversion of dilutive instruments | 155 |  |  | 293 |  |  | 202 |  |  | 340 |
Diluted: Weighted-average number of shares outstanding | 7,463 |  |  | 7,984 |  |  | 7,636 |  |  | 8,028 |
Earnings (Loss) per Share—Basic | $ | 4.33 |  |  | $ | 7.64 |  |  | $ | 11.05 |  |  | $ | 20.59 |
Earnings (Loss) per Share—Diluted | $ | 4.25 |  |  | $ | 7.36 |  |  | $ | 10.76 |  |  | $ | 19.72 |
Securities Excluded from Computation of Diluted EPS | The following table details the securities that have been excluded from the above computation of weighted-average number of shares for diluted EPS, because the effect would be anti-dilutive.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
Restricted stock units | 31 |  |  | 5 |  |  | 32 |  | 2 |
Total anti-dilutive securities | 31 |  |  | 5 |  |  | 32 |  | 2 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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