XML 23 R13.htm IDEA: XBRL DOCUMENT v3.22.2
Net Income per Unit
 6 Months Ended
Jun. 30, 2022
Earnings Per Unit [Abstract]  
Net Income per Unit Net Income per Unit
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 limited partnership units outstanding for each period. 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 limited partnership units outstanding for each period.
 Three Months Ended June 30,Six Months Ended June 30,
 2022202120222021
(in thousands, except per unit amounts)
Net income attributable to AB Unitholders$208,769 $267,570 $469,496 $511,701 
Weighted average limited partnership units outstanding – basic270,983 272,344 271,182 272,339 
Dilutive effect of compensatory options to buy AB Holding Units— 12 2 20 
Weighted average limited partnership units outstanding – diluted270,983 272,356 271,184 272,359 
Basic net income per AB Unit$0.76 $0.97 $1.71 $1.86 
Diluted net income per AB Unit$0.76 $0.97 $1.71 $1.86 
There were no anti-dilutive options excluded from diluted net income in the three and six months ended June 30, 2022 or 2021, respectively.