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Earnings (Loss) Per Share | 9 Months Ended
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Sep. 30, 2025
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | Earnings (Loss) Per Share Earnings (loss) per share ("EPS") is calculated in accordance with ASC 260, Earnings per Share. Basic EPS is computed by dividing net income (loss) attributable to Virtus Investment Partners, Inc. by the weighted-average number of common shares outstanding for the period, excluding dilution for potential common stock issuances. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, including shares issuable upon the vesting of RSUs and stock option exercises using the treasury stock method, as determined under the if-converted method. 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) | 2025 |  | 2024 |  | 2025 |  | 2024
Net Income (Loss) | $ | 31,341 |  |  | $ | 49,104 |  |  | $ | 102,136 |  |  | $ | 112,993 |
Noncontrolling interests | 585 |  |  | (8,124) |  |  | 810 |  |  | (24,541) |
Net Income (Loss) Attributable to Virtus Investment Partners, Inc. | $ | 31,926 |  |  | $ | 40,980 |  |  | $ | 102,946 |  |  | $ | 88,452 |
Shares: |  |  |  |  |  |  |
Basic: Weighted-average number of shares outstanding | 6,757 |  |  | 7,071 |  |  | 6,854 |  |  | 7,105 |
Plus: Incremental shares from assumed conversion of dilutive instruments | 110 |  |  | 105 |  |  | 99 |  |  | 129 |
Diluted: Weighted-average number of shares outstanding | 6,867 |  |  | 7,176 |  |  | 6,953 |  |  | 7,234 |
Earnings (Loss) per Share—Basic | $ | 4.73 |  |  | $ | 5.80 |  |  | $ | 15.02 |  |  | $ | 12.45 |
Earnings (Loss) per Share—Diluted | $ | 4.65 |  |  | $ | 5.71 |  |  | $ | 14.81 |  |  | $ | 12.23 |
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) | 2025 |  | 2024 |  | 2025 |  | 2024
Restricted stock units | 2 |  |  | 12 |  |  | 26 |  | — |
Total anti-dilutive securities | 2 |  |  | 12 |  |  | 26 |  | — |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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