Net Income Per Unit (Tables)

12 Months Ended

Dec. 31, 2016

Basic net income per unit is derived by reducing net income for the 1% general partnership interest and dividing the remaining 99% by the basic weighted average number of units outstanding for each year. Diluted net income per unit is derived by reducing net income for the 1% general partnership interest and dividing the remaining 99% by the total of the diluted weighted average number of units outstanding for each year.



	Year Ended December 31,
	2016		2015		2014
	(in thousands, except per unit amounts)
Net income attributable to AB Unitholders	$	673,358	$	579,927	$	563,861

Weighted average units outstanding—basic	269,084		271,745		269,118
Dilutive effect of compensatory options to buy AB Holding Units	554		1,037		1,148
Weighted average units outstanding—diluted	269,638		272,782		270,266

Basic net income per AB Unit	$	2.48	$	2.11	$	2.07
Diluted net income per AB Unit	$	2.47	$	2.10	$	2.07