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v3.22.2.2

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands | Total | Total Attributed To Virtus Investment Partners, Inc. | Common Stock | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Non- controlling Interests
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance at beginning of period, common stock (in shares) at Dec. 31, 2020 |  |  | 7,583,466 |  |  |  |  |
Balance at beginning of period at Dec. 31, 2020 | $ 720,940 | $ 711,141 | $ 118 | $ 1,298,002 | $ (135,259) | $ 29 | $ (451,749) | $ 9,799
Balance at beginning of period, treasury stock (in shares) at Dec. 31, 2020 |  |  |  |  |  |  | 4,207,403 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 159,010 | 158,291 |  |  | 158,291 |  |  | 719
Foreign currency translation adjustments | (11) | (11) |  |  |  | (11) |  |
Net subscriptions (redemptions) and other | (1,705) |  |  |  |  |  |  | (1,705)
Cash dividends declared | (25,315) | (25,315) |  | (25,315) |  |  |  |
Repurchases of common shares (in shares) |  |  | (111,327) |  |  |  | 111,327 |
Repurchases of common shares | (32,499) | (32,499) |  |  |  |  | $ (32,499) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 115,618 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 66 | 66 | $ 1 | 65 |  |  |  |
Taxes paid on stock-based compensation | (19,428) | (19,428) |  | (19,428) |  |  |  |
Stock-based compensation | 20,052 | 20,052 |  | 20,052 |  |  |  |
Balance at end of period, common stock (in shares) at Sep. 30, 2021 |  |  | 7,587,757 |  |  |  |  |
Balance at end of period at Sep. 30, 2021 | 821,110 | 812,297 | $ 119 | 1,273,376 | 23,032 | 18 | $ (484,248) | 8,813
Balance at end of period, treasury stock (in shares) at Sep. 30, 2021 |  |  |  |  |  |  | 4,318,730 |
Balance at beginning of period at Dec. 31, 2020 | 115,513 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Total net income (loss) attributable to noncontrolling interests | 41,812 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (25,656) |  |  |  |  |  |  |
Balance at end of period at Sep. 30, 2021 | 131,669 |  |  |  |  |  |  |
Balance at beginning of period, common stock (in shares) at Jun. 30, 2021 |  |  | 7,651,606 |  |  |  |  |
Balance at beginning of period at Jun. 30, 2021 | 789,837 | 780,869 | $ 119 | 1,280,667 | (35,704) | 35 | $ (464,248) | 8,968
Balance at beginning of period, treasury stock (in shares) at Jun. 30, 2021 |  |  |  |  |  |  | 4,254,236 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 59,110 | 58,736 |  |  | 58,736 |  |  | 374
Foreign currency translation adjustments | (17) | (17) |  |  |  | (17) |  |
Net subscriptions (redemptions) and other | (529) | 0 |  |  |  |  |  | (529)
Cash dividends declared | (12,015) | (12,015) |  | (12,015) |  |  |  |
Repurchases of common shares (in shares) |  |  | (64,494) |  |  |  | 64,494 |
Repurchases of common shares | (20,000) | (20,000) |  |  |  |  | $ (20,000) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 645 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 |  |  |  |  |  |
Taxes paid on stock-based compensation | (148) | (148) |  | (148) |  |  |  |
Stock-based compensation | 4,872 | 4,872 |  | 4,872 |  |  |  |
Balance at end of period, common stock (in shares) at Sep. 30, 2021 |  |  | 7,587,757 |  |  |  |  |
Balance at end of period at Sep. 30, 2021 | 821,110 | 812,297 | $ 119 | 1,273,376 | 23,032 | 18 | $ (484,248) | 8,813
Balance at end of period, treasury stock (in shares) at Sep. 30, 2021 |  |  |  |  |  |  | 4,318,730 |
Balance at beginning of period at Jun. 30, 2021 | 131,525 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Total net income (loss) attributable to noncontrolling interests | 13,401 |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (13,257) |  |  |  |  |  |  |
Balance at end of period at Sep. 30, 2021 | $ 131,669 |  |  |  |  |  |  |
Balance at beginning of period, common stock (in shares) at Dec. 31, 2021 | 11,906,747 |  | 7,506,151 |  |  |  |  |
Balance at beginning of period at Dec. 31, 2021 | $ 836,627 | 828,277 | $ 119 | 1,276,424 | 60,962 | 20 | $ (509,248) | 8,350
Balance at beginning of period, treasury stock (in shares) at Dec. 31, 2021 | 4,400,596 |  |  |  |  |  | 4,400,596 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | $ 81,957 | 82,141 |  |  | 82,141 |  |  | (184)
Foreign currency translation adjustments | (791) | (791) |  |  |  | (791) |  |
Net subscriptions (redemptions) and other | 603 | 2,035 |  | 2,035 |  |  |  | (1,432)
Cash dividends declared | $ (35,779) | (35,779) |  |  | (35,779) |  |  |
Repurchases of common shares (in shares) | (397,777) |  | (397,777) |  |  |  | 397,777 |
Repurchases of common shares | $ (80,000) | (80,000) |  |  |  |  | $ (80,000) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 123,599 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 | $ 1 | (1) |  |  |  |
Taxes paid on stock-based compensation | (16,450) | (16,450) |  | (16,450) |  |  |  |
Stock-based compensation | $ 19,772 | 19,772 |  | 19,772 |  |  |  |
Balance at end of period, common stock (in shares) at Sep. 30, 2022 | 12,030,346 |  | 7,231,973 |  |  |  |  |
Balance at end of period at Sep. 30, 2022 | $ 805,939 | 799,205 | $ 120 | 1,281,780 | 107,324 | (771) | $ (589,248) | 6,734
Balance at end of period, treasury stock (in shares) at Sep. 30, 2022 | 4,798,373 |  |  |  |  |  | 4,798,373 |
Balance at beginning of period at Dec. 31, 2021 | $ 138,965 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Total net income (loss) attributable to noncontrolling interests | (1,164) |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (13,359) |  |  |  |  |  |  |
Balance at end of period at Sep. 30, 2022 | 124,442 |  |  |  |  |  |  |
Balance at beginning of period, common stock (in shares) at Jun. 30, 2022 |  |  | 7,275,337 |  |  |  |  |
Balance at beginning of period at Jun. 30, 2022 | 791,705 | 784,708 | $ 120 | 1,275,907 | 88,196 | (267) | $ (579,248) | 6,997
Balance at beginning of period, treasury stock (in shares) at Jun. 30, 2022 |  |  |  |  |  |  | 4,747,951 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |
Net income (loss) | 31,831 | 31,680 |  |  | 31,680 |  |  | 151
Foreign currency translation adjustments | (504) | (504) |  |  |  | (504) |  |
Net subscriptions (redemptions) and other | 1,621 | 2,035 |  | 2,035 |  |  |  | (414)
Cash dividends declared | $ (12,552) | (12,552) |  |  | (12,552) |  |  |
Repurchases of common shares (in shares) | (50,422) |  | (50,422) |  |  |  | 50,422 |
Repurchases of common shares | $ (10,000) | (10,000) |  |  |  |  | $ (10,000) |
Issuance of common shares related to employee stock transactions (in shares) |  |  | 7,058 |  |  |  |  |
Issuance of common shares related to employee stock transactions | 0 | 0 |  |  |  |  |  |
Taxes paid on stock-based compensation | (1,166) | (1,166) |  | (1,166) |  |  |  |
Stock-based compensation | $ 5,004 | 5,004 |  | 5,004 |  |  |  |
Balance at end of period, common stock (in shares) at Sep. 30, 2022 | 12,030,346 |  | 7,231,973 |  |  |  |  |
Balance at end of period at Sep. 30, 2022 | $ 805,939 | $ 799,205 | $ 120 | $ 1,281,780 | $ 107,324 | $ (771) | $ (589,248) | $ 6,734
Balance at end of period, treasury stock (in shares) at Sep. 30, 2022 | 4,798,373 |  |  |  |  |  | 4,798,373 |
Balance at beginning of period at Jun. 30, 2022 | $ 139,147 |  |  |  |  |  |  |
Increase (Decrease) in Redeemable Non-controlling Interests [Roll Forward] |  |  |  |  |  |  |  |
Total net income (loss) attributable to noncontrolling interests | (4,416) |  |  |  |  |  |  |
Net subscriptions (redemptions) and other | (10,289) |  |  |  |  |  |  |
Balance at end of period at Sep. 30, 2022 | $ 124,442 |  |  |  |  |  |  |

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